Ripple (XRP) and Cardano (ADA) haven’t been exactly breaking new records or experiencing triple-digit gains; however, the rise of Ethereum (ETH) $3,900 could give the wind they need to break past significant resistance levels for the rest of the month. One thing is for sure, though: one of the biggest beneficiaries of Ethereum’s (ETH) influence is new presale crypto sensation Kelexo (KLXO), which is bringing decentralized P2P lending to the masses with its unique marketplace solution. Here’s why market analysts believe Kelexo (KLXO) could go on a parabolic run this year.
Last March 8th, Ethereum (ETH) briefly reached $4,000, albeit briefly. Currently, Ethereum (ETH) is trading at $3,930, just below the $4,000 mark. The demand for Ethereum (ETH) heated up in January after speculation that it might be the next cryptocurrency to be approved for an exchange-traded fund in the United States. Barring any surprises, that looks like a foregone conclusion in may.
Cardano (ADA) has been a slow but steady gainer, recording a 39% gain in the past month as it trades at $0.73 at press time. On the other hand, Ripple (XRP) failed to sustain its growth earlier this week, falling to $0.62 as of press time after a 9% gain to start the new month. Par for the course for Ripple (XRP) holders.
Cardano (ADA) and Ripple (XRP) are both gunning to reach $1, but as of this writing, Cardano (ADA) is closer to attaining that goal than Ripple (XRP) just based on the numbers and the current market sentiment. That is what has led to a good number of Cardano (ADA) and Ripple (XRP) holders investing in projects with better returns. One of those is Kelexo (KLXO), which is primed for a 50x gain by the end of the year.
Kelexo (KLXO) is a web3 Peer-to-Peer (P2P) marketplace that is transforming banking processes by removing the need for intermediaries to approve and process transactions. Using decentralized governance, users interact directly with each other with minimum identification and compliance requirements.
Signing up on the platform is easy with no need for identification documents for KYC compliance, thanks to its decentralized model. Vendors can quickly list their loans within a two-minute process, specifying the amount of funds they’re willing to lend, the desired interest rate and the Loan-to-Value (LTV) ratio.
Investors interested in joining this ecosystem can participate in the presale, which is currently in Stage 2 and priced at just $0.04. In addition to potential growth and gains, presale investors also earn a share of platform fees based on their holdings.
Security is a top priority on the platform and Kelexo (KLXO) has successfully passed its audit. Don’t miss out on a sure shot join the Kelexo (KLXO) presale today.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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