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Ethereum (ETH) has set the benchmark for long-standing cryptocurrencies in this ever-changing world of crypto, serving as home to the foundation of innumerable innovations and ventures. This includes two of the leading niches: Polygon and Chainlink. However, against this display of strength by Ethereum, a new player emerges in the lending and borrowing marketplace that is outlined to be disruptive: Kelexo.
While both the Polygon (MATIC) and Chainlink (LINK) communities continue to consider new potential projects to invest in, Kelexo’s presale is at full pace and attracting attention for DeFi (Decentralized Finance). Let’s now take a close look at this growing trend and get to understand why KLXO has managed to attract attention over the years from investors across the world.
Polygon (MATIC): A Beacon of Growth in Layer-2 Scaling
Polygon (MATIC), one of the best Layer-2 scaling solutions on Ethereum (ETH), received high praise for its performance and scalability. The last bullish run in the crypto market enabled Polygon to surge above $1 per coin and indicate a clear further upside over the coming weeks. Analysts believe that the rally could see Polygon above the previous all-time high (ATH) level of $2.9, inviting investors. At the price it holds currently, it is stated that the best investment that one can make is holding Polygon tokens, accumulating the coin aimed at benefiting from its use in the coming future since the current price is a great value.
Chainlink (LINK): Whales Signal Bullish Sentiment Amidst Market Dynamics
In the lull of the momentum, the center of focus continues to remain Chainlink (LINK) for investors, whose activities suggest the prevalence of bullish sentiment. New on-chain data is showing that there is a very glaring accumulation of Chainlink (LINK) tokens into new private wallets, signifying a long-term confidence trend for the cryptocurrency. Still, in recent weeks, where Chainlink’s performance may have eased, the analysts remained quite positive with its direction, seeing that they believe that the coin could hit a price level of as high as $24.55 by March. As market dynamics continue changing in due course, the resiliency and utility of Chainlink (LINK) make it a viable and attractive option for enthusiasts’ investments.
KLXO: Redefining Borrowing and Lending in DeFi
Kelexo (KLXO) is a decentralized lending platform set to disrupt the world of traditional borrowing and lending. Kelexo (KLXO) removes intermediaries to ease the loan process with a very simple and clear interface, requiring much less KYC, making access to funds an easily accomplished task. More importantly, it is the instant payouts and reduced transaction fees that make Kelexo look all the more luring for prospective users, enabling a hassle-free experience for them in borrowing and lending. Decentralized governance and the most innovative features represent how the future of DeFi lending will be by accounting for transparency, security and empowerment of the community.
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.
