Kelexo (KLXO) bullish presale has continued Tether (USDT) & Avalanche (AVAX) investors buying in as 50x looking very likely for lending solution

February 28, 2024

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The Kelexo (KLXO) token started its presale early in 2024. In stage two, the token is now in its bullish era in the crypto market. Selling at $0.028 per token, holders of Tether (USDT) and Avalanche (AVAX) are increasingly buying into the protocol. An investment banker has speculated that with projects like Kelexo (KLXO), a 50x market entry value is possible.

Avalanche (AVAX) loses $24M in seven days

Avalanche (AVAX) is a layer-1 protocol launch pad for decentralized applications. Rumor has it that Avalanche (AVAX) holders are buying the Kelexo (KLXO) presale and the token’s loss in the past seven days could be the reason behind this. As of writing, Avalanche (AVAX) has lost $24M in market value in the last seven, which dropped the token spot to #9.

Now selling over $500M tokens daily, Avalanche (AVAX) is the 15th highest traded token in the crypto market. Investors have said that if Avalanche (AVAX) doesn’t see a change before the beginning of March, more losses are expected, as the next strong line of support is the $35 mark.

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Tether (USDT) is the highest trading crypto in the market

The Tether (USDT) is a stablecoin pegged to the USD. Designed as an e-money to represent the fiat USD in the crypto market, Tether (USDT) is now a globally acclaimed crypto. Launched in 2014, the goal of Tether (USDT) is to disrupt the traditional financial system with a modern-day approach.

As one of its features, Tether (USDT) has made transactions possible with other forms of fiat currency. Without cryptocurrency’s much-acclaimed volatility and complexity, Tether (USDT) is the highest trading token in the crypto market. With a daily average trading volume of $56.9B, Tether (USDT) is now ranked #3 in market capitalization.

Kelexo (KLXO) is pursuing perfect decentralization

The Kelexo (KLXO) protocol is a platform that will grant easy access to cryptocurrency for those looking to borrow one. The Kelexo (KLXO) is where users can list tokens they have in excess or do not need for borrowing. All they need to do is sign up on Kelexo (KLXO), record these tokens and add their terms and conditions for lending.

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With this done, those interested in borrowing through Kelexo (KLXO) can sign up. After going through the Kelexo (KLXO) sign-up process for about 2 minutes, they can then find the needed token, agree to the terms and conditions put up and complete the transaction. For Kelexo (KLXO), ease, security, transparency and fast transactions are the platform’s goals.

This is one reason why the Kelexo (KLXO) protocol has been built on the blockchain and will be launched on Web3. As a decentralized platform, Kelexo (KLXO) is looking to keep its gas fees as minimal as possible in its pursuit of a perfect decentralized protocol.

This is because there’s a common belief that a decentralized system can never achieve perfection if its gas fees are high.

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