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Bitcoin (BTC) and Ethereum (ETH) remain the first and second-largest cryptocurrencies by market capitalization that drive the action in the broader market altogether. A good number of holders of both tokens are in the green as of February, leading them to reinvest a portion of their profits into newer, low-cap presale gems with 50x potential. One of those diamonds in the rough is decentralized P2P lending platform Kelexo (KLXO) and it’s attracting capital inflows as its presale heats up in February.
Bitcoin (BTC) Rallies to Close Out the Week
Bitcoin (BTC) rallied to conclude the week, with the price briefly exceeding $48,000 for the first time since spot Bitcoin (BTC) exchange-traded funds began trading. The flagship cryptocurrency was last up 4.6% at $47,587. Earlier, Bitcoin (BTC) reached a high of $48,207.78 for the first time since January 11, when it briefly touched $49,058 in turbulent trading following the debut of spot Bitcoin ETFs. Before that, Bitcoin had not reached $48,000 since March 2022.
Ethereum (ETH) is Losing Ground to Newer Competitors
Despite underperforming in transaction speed when compared to younger rivals, Ethereum (ETH) remains the most established and safe platform for smart contracts, having begun in 2015. This implies it powers a wide ecosystem of decentralized applications (dApps), which are software fueled by cryptocurrency and run on a distributed network. Despite its low throughput, Ethereum is the longest-running and most trustworthy blockchain for dApps, cementing its position as the foundation of layer-2 scaling solutions. So, while Ethereum (ETH) isn’t the fastest on the block, its experience and security keep it at the vanguard of the smart contract revolution.
Kelexo (KLXO) is on the Verge of a Massive Run in 2024
Decentralized finance (DeFi) is expected to surge past a $100 billion total value locked (TVL) in 2024 and market analysts believe one of the protocols set to contribute to that growth is a low-cap gem in its presale phase called Kelexo (KLXO). The early demand is evident, with stage 1 of the Kelexo (KLXO) presale poised for a sellout.
Kelexo (KLXO) is transforming the multibillion-dollar P2P lending industry by creating the premier decentralized loan marketplace that streamlines the entire process from start to finish. Kelexo provides universal access to credit around the clock for anyone and everyone seeking to avail of fully-collateralized crypto loans. Likewise, prospective lenders can simply log on to the Kelexo (KLXO) marketplace and list their loans using their crypto holdings—all without the need for tedium like Know Your Customer (KYC) procedures, credit checks and processing times. All transactions occur immediately and with high levels of security on the blockchain.
Join Kelexo’s presale now and grab tokens at their lowest price: $0.022. This introductory offer won’t last forever, as prices are set to increase with each presale stage. Secure your future gains by participating today – be among the first to benefit from Kelexo’s (KLXO) revolutionary lending platform.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
