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Crypto markets are currently abuzz with the indicators of a bullish season in 2024. Several dApps and their assets have begun to see astronomical growth such as Tron and Ripple but the most exciting news is that Kelexo (KLXO) is enjoying the same benefits. While Investors are glad that their old investments are now running green on the charts, they are aware that the crypto market is very unpredictable and a rise in value doesn’t change the future of crypto-assets that have no utility or solid mathematical framework. It is more cause for excitement when a crypto asset that has a great structure and is doing well, gets the boost to perform even better. Among investors, Kelexo remains the prime choice over Ripple and Tron.
How did Tron (TRX) and Ripple (XRP) stabilize amidst bearish trends?
Ripple (XRP) and Tron (TRX) are two crypto-assets with a defined utility and a market for each. That is why they never dipped to emergency levels or died off during the bearish season. Ripple was built to facilitate web3 payments between different platforms across the blockchain. It is also used for remittance through protocols built on XRP at minimal cost and runs through its model, which is a consensus protocol. XRP uses this model to track events and transactions on the blockchain. The most notable thing about the platform is the security, swiftness, and cheapness it introduces to transactions. It is also beneficial for checks and balances.
Tron (TRX) is also as relevant and helpful as Ripple (XRP) because it solves the transparency problem in payment services and transactions. Tron (TRX) much like Ethereum, is built on a proof-of-stake (PoS) consensus model, facilitating transparency and growth. Without spending as much as one would on Bitcoin, transactions can be easily monitored on Tron (TRX). Like Ripple (XRP), Tron (TRX) is also used to facilitate payment services and ensure transparency, as both parties involved can track their transactions.
During the dip, Tron (TRX) crashed to $0.20, and Ripple (XRP) struggled for a while. Analysts have confirmed that despite their prices elevating again and becoming stable with their balanced utility, the excitement still lies with Kelexo (KLXO), where endless possibilities exist.
What makes Kelexo (KLXO) unique?
Following their successful audit, Kelexo (KLXO) has entered stage one of its presale, and Kelexo (KLXO) tokens are on sale at just $0.020. This price is an entry point that is expected to yield up to 20x in growth after the presale. The current hard cap is the total market supply of 440,000,000 tokens with assured liquidity for investors and rewards to be earned.
Although Ripple (XRP) and Tron (TRX) are to be reckoned with, Kelexo (KLXO) is the only DeFi project with a wide range of potential scalability.
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.
