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Decentralized finance (DeFi) is trending as the new year kicks off. One DeFi protocol in its presale phase has emerged as one of the hottest-trending investment opportunities of 2024: Kelexo (KLXO). KLXO is a newly-launched decentralized peer-to-peer lending protocol, and it’s expected to turn in a 30x gain this year. A growing number of Avalanche (AVAX) and Dogecoin (DOGE) holders have turned up to the Kelexo (KLXO) presale, as industry observers earmark it as a game-changer in DeFi. Learn why.
Dogecoin (DOGE) Prices Sink By 3.3% in the Past 24 Hours
Dogecoin (DOGE) has mainly been unable to keep up with other altcoins in 2024, as evidenced by its relatively poor price performance. As of February 12th, DOGE was trading at a -3.3% loss in the past 24 hours at $0.0799. Dogecoin’s total market capitalization also fell by 3.15% in the past day, falling to $11.4 billion from $11.7 billion in just 24 hours. The lackluster performance is an indication that Dogecoin is falling out of favor as holders move on to more profitable crypto investments in 2024. DOGE social volumes are also on the downturn, representing diminishing interest in the largest meme coin by market capitalization.
Avalanche (AVAX) is Up by 10% in the Past Week
Avalanche (AVAX) turned in a solid performance in the past 12 months, recording a 116% increase in token prices in the past year. However, Avalanche (AVAX) has cooled off in the past 24 hours, trading at a 5% loss as Avalanche (AVAX) changed hands at $38.90 as of February 12th. Nevertheless, Avalanche has demonstrated its viability as a long-term hold and a major competitor to Ethereum (ETH). The Avalanche (AVAX) ecosystem is home to a growing number of DeFi and GameFi protocols that benefit from the distributed software platform’s higher throughput and minimal latency.
Kelexo (KLXO) Presale Trends as Next 30x Gem in 2024
Low-cap gems with high growth potential are never out of style and one newly-launched decentralized peer-to-peer lending protocol is trending as one of the hottest presale events of the year. Kelexo (KLXO) has been earmarked by industry observers as a potential 30x gem in the making, with its presale launch seeing a good number of Avalanche (AVAX) and Dogecoin (DOGE) holders streaming in.
KLXO connects borrowers and lenders in its marketplace, allowing the latter to list loans using their crypto while allowing the former to easily browse the marketplace for the best loan that works for them. Kelexo’s (KLXO) revolutionary platform simplifies the entire lending process in a few clicks, whether users wish to lend or borrow—it just takes a matter of a few clicks.
Kelexo (KLXO) offers 24/7/365 access to credit—but without the drawbacks typically associated with lending services such as long processing times, KYC checks, credit investigations, and slow disbursement times. The process is automated, protected and secured by fully-audited smart contracts and completely underpinned by the protocol’s native KLXO token. Kelexo (KLXO) is being tipped for a 30x pump in 2024, given the early demand that its KLXO token has generated as at stage 1 of its presale. Don’t miss out on the hottest trending launch in DeFi in 2024—join the Kelexo (KLXO) presale today.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
