Avalanche (AVAX) & Chainlink (LINK) Communities Rally for Kelexo (KLXO), Anticipating a New Age of Lending as Ethereum Drops to $3.6k

March 21, 2024

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Amidst the fluctuating tides of the crypto market investors keep searching for opportunities to double their gains or recoup their losses and new emerging cryptos offer them the opportunity to do this.

Today, we will be discussing the market dynamics of Ethereum (ETH) and why the new emerging project Kelexo (KLXO) is receiving solid backing from Avalanche (AVAX) and Chainlink (LINK) communities.

Ethereum (ETH) expected to surge again after recent dip

Investors expecting Ethereum (ETH) to maintain its steady rise from last year’s end have been disappointed as just days after crossing the $4K mark, Ethereum (ETH) has begun its descent, falling by 16%. In the last 24 hours it has fallen by an additional 5% to its current price of $3300. However, trading volume has increased by a massive 62% in the last 24 hours due to investors trying their best to make the most out of this drop in prices. Analysts predict that this fall would not last for long and expect it to surge again in the coming weeks owing to Ethereum’s (ETH) ongoing transition to Ethereum (ETH) 2.0 and the nearby Bitcoin (BTC) halving event which is expected to cause a general rise in prices of cryptos within the market.

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Avalanche (AVAX) and Chainlink (LINK) communities join forces to champion new promising project

Recently, early adopters of recently flourishing altcoins, Avalanche (AVAX) and Chainlink (LINK) who were lucky to enter the market in their early stages have made lucrative gains. Chainlink (LINK) has risen by 147% within recent months to its current price of $17.85. Likewise, Avalanche (AVAX) has risen significantly by 229% from last year, surging to its present price of about $59. These gains have seen the trading volume for both cryptos rise by a substantial amount, with Avalanche (AVAX) seeing 19.35% and Chainlink (LINK) experiencing a 33.67% uptick. Nevertheless, experienced investors from both communities who have discovered the latest solid project are already rushing to get dibs on Kelexo (KLXO), rallying into it. “

Kelexo (KLXO) to revolutionize peer-to-peer lending

Kelexo (KLXO) is a web3 project designed to connect loan lenders and borrowers in a secure, transparent and efficient ecosystem. On the platform users can sign up quickly without the need for the dozens of identification documents and physical meetings that banks demand before adjudging people loan worthy before proceeding to list their loans in the case of the lenders or acquiring one in the case of the borrowers.

Kelexo (KLXO) promises to eliminate the many uncomfortable barriers met by people by guaranteeing ease of use to both lenders and borrowers without discriminating on the basis of credit scores, history of past loans, etc. The streamlined process on the platform also hopes to ensure that borrowers can obtain finances instantly and without hassles and that users on the platform enjoy full transparency.

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Due to its growth potential, we believe that Kelexo (KLXO) offers a good investment opportunity. Presale is currently in its second stage as it sells for $0.05.

To find out more about Kelexo (KLXO) presale visit here.