Ethereum (ETH) and the rest of the market surge but 20x Kelexo (KLXO) presale takes the limelight, while Monero (XMR) exodus continues

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The crypto market was previously in a bearish trend towards the end of 2023 and has recorded a lot of loss as well as the devaluation of several cryptocurrency applications such as Shiba Inu (SHIB), Dogecoin (DOGE) and Pepe (PEPE). However, with the entrance of a new year and certain shifts in the global economy, the charts are now looking green in the crypto market. As the numbers blow up and assets reclaim stability, Kelexo (KLXO) takes the limelight with a 20x gain in its presale while Monero (XMR) continues a steady journey back on exodus. 

Does Monero’s (XMR) return to exodus affect 20x Kelexo (KLXO)?

Although Monero (XMR) currently roams around the $120 range, it once peaked at a solid $517.62 and had reasonable market demand. Monero (XMR) launched, intending to facilitate encrypted transactions that were untraceable.

While other blockchains are transparent and can eventually trace a sender’s origin regardless of whether the transaction was obscured, Monero (XMR) retains full privacy and embodies the true cryptic nature of cryptocurrency. While the utility is similar to Bitcoin (BTC), Monero (XMR) completes the job by hiding the identity of the sender and recipient, ensuring true anonymity and data protection while retaining speed and low transaction fees.

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It was taken off Exodus which is a cryptocurrency exchange platform for some time. And while that affected the supply of Monero (XMR) to users on that platform, it didn’t change the utility or value. Although the return of Monero (XMR) to Exodus may help stabilize the value by increasing it slightly, Kelexo (KLXO) still ranks higher.

What edge does Kelexo (KLXO) have over Monero (XMR) that guarantees 20x?

While Monero’s (XMR) utility hinges on privacy and encryption, Kelexo (KLXO) thrives on accountability, credibility, transparency, and a high level of security. Kelexo (KLXO) has a utility that has a wider appeal to members of the crypto community. Crypto lending is not a part of Web3 banking that is thoroughly explored and Kelexo (KLXO) fills the space quite well. Some features that stand out on Kelexo are:

Minimal KYC checks: 

Unlike traditional banking which takes forever to verify details and ensure that a lender has collateral in case they are unable to pay, Kelexo (KLXO) runs differently. Using AI algorithms, Kelexo (KLXO)  completes registrations in minutes and lenders can get loans from any corner of the world.

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Compliance and Security:

using a communal consensus model, users on the Kelexo (KLXO) marketplace can track their transactions and loans actively. They are also able to partake in decision-making processes regarding security. The platform is also super fast with the lowest transaction fees ever.

Low-cost ICO:

The Kelexo (KLXO) platform is currently debuting its native token, KLXO. The presale is in stage one and is selling at a price of just $0.02,2 which is cheap and promises a high growth potential far into the future.

This utility and level of scalability is not available on any other application at the moment and is one of the reasons why Kelexo (KLXO) takes the limelight over Monero (XMR) and Ethereum (ETH).

Find out more about the Kelexo (KLXO) presale by visiting the website here

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