Bitcoin (BTC) & Ethereum Classic (ETC) Traders Buy Up Kelexo (KLXO) Lending Presale As 10X Prediction Explained As Challenging Aave’s (AAVE) Dominance

March 29, 2024

🚀 Stay Ahead with AltcoinDaily.co! 🌐

Decentralized finance (DeFi) will be one of the compelling narratives driving the next Bitcoin (BTC) halving and bull cycle in 2024 and 2025, as it did during the last one in 2020 and 2021 when the total locked value in the entire sector grew to $179 billion. As of March 29th, the total value locked in DeFi protocols sat at $98 billion according to DefiLlama, indicating massive growth in the pipeline for 2024 and beyond.

And in the next bull cycle, newer, more innovative DeFi protocols are expected to drive the push towards new all-time highs, with Kelexo (KLXO) emerging as one of the top investment opportunities in the sector. Bitcoin (BTC) and Ethereum Classic (ETC) holders are tapped into this opportunity, taking out early positions in the Kelexo (KLXO) presale ever since it launched. Here’s why.

Can Bitcoin (BTC) retest its new all-time high?

Bitcoin (BTC) has turned in mixed performances over the past week ever since hitting all-time highs of $73,750 earlier in March. The world’s leading cryptocurrency, in particular, has been trading sideways after breaking long-standing resistance levels first at $70,000 and then again at $73,000. As of March 29th, Bitcoin (BTC) was trading at $69,991, turning in a 5.8% gain in the past week. Bitcoin (BTC) finds itself running into stiff resistance at $71,000, suppressing prices all week long with sell-offs occurring each time it retests the said level.

🌟 Unlock Crypto Insights with AltcoinDaily.co! 💰

Ethereum Classic (ETC) banking on durability and immutability

Ethereum Classic (ETC) is often less discussed than its more popular “brother,” Ethereum (ETH). However, don’t sleep on Ethereum Classic (ETC), which markets itself as the ORIGINAL Ethereum (ETH) chain as it was before the major upgrades that has seen the latter evolve and grow into the second-largest cryptocurrency. Ethereum Classic (ETC) has drawn support from hardcore blockchain purists who value durability and immutability, instead of introducing complexity at the expense of risks such as blockchain outages or a black swan event “hello Ethereum! (ETH)”. Institutions are also buying up the Ethereum Classic (ETC) supply, with Grayscale holding a significant amount of tokens.

Kelexo (KLXO) bringing the heat to AAVE (AAVE) in P2P lending sector

Look out, Aave (AAVE) and Compound (COMP), there’s a new game-changer in the P2P lending sector. Kelexo (KLXO) has taken the DeFi world by storm with the launch of its presale, drawing thousands of presale registrants with its vast promise of turning in a 10x gain in the summer of ‘24 and it plans to make the entire borrowing and lending process as easy as a couple of clicks.

Kelexo (KLXO) is a decentralized peer-to-peer lending protocol that offers an easy-to-use platform, similar to Amazon, without intermediaries or KYC. This upgrade from Aave (AAVE), which focuses on experienced users, has the potential for mass adoption due to its familiar marketplace format. Kelexo (KLXO) removes barriers that hinder the adoption of decentralized peer-to-peer lending, making it palatable for the masses. With Kelexo (KLXO) tokens available at just $0.05 as of stage 2 of Kelexo’s (KLXO) presale, it offers an ideal opportunity to be at the forefront of the next big trend in DeFi. Miss it at your own risk.