Year after year, we see new tokens in the web3 market. While some fizzle out after some time, others grow and develop into standalone tokens that can compete with major coins like Ethereum (ETH), Dogecoin (DOGE) and others.
Among such new tokens is Kelexo (KLXO), a pioneer P2P lending protocol, that gives a direct connection between loan lenders and borrowers. Memecoin investors of Dogecoin (DOGE), Shiba Inu (SHIB), Cardano (ADA) and Bonk (BONK) are already interested in the project. At a presale price of only $0.022, it’s not shocking that these investors are hopping on to the web3 train.
Now, top crypto analysts predict Kelexo (KLXO) to overtake Solana (SOL) and Polygon (MATIC) in 2024. Read on to learn what happened.
Between September and December 2023, Solana (SOL) had a bullish run and market confidence was at a high. The coin surged by 530% in October and gained up to 106% in December. It came up fifth in market capitalization due to the FOMO surrounding the Solana (SOL) SPL token airdrops that included tokens like Jito (JTO), Dogwifat (WIF) and Bonk (BONK).
Unfortunately, the new year came with bad news for Solana (SOL). Bonk (BONK) experienced a 15% surge in value and JTO decreased by 19%. Recently, the coin has not gone beyond $107, apart from a surge on January 2, where we saw Solana’s (SOL) price pass $116. Solana (SOL) declined by 7% on January 19.
Polygon (MATIC) was recently replaced by a new coin, Polygon 2.0 (POL) on October 25. This happened when the United States Securities accused Polygon (MATIC) of being unregistered. With the release of Polygon 2.0 (POL), polygon promises to be more decentralized. As of writing this, Polygon (MATIC) has experienced a 6.43% decline and a value of $0.7548.
Kelexo (KLXO) is a web3 marketplace that has gained popularity among memecoin investors. The coin eliminates the old methods of going to banks and passing through the rigorous process of borrowing and lending loans. This new coin cancels every need for a middleman since the transactions are decentralized. Additionally, the loan payouts are instant and the transaction fees are one of the lowest in the market.
No KYC is required when users sign up, meaning that the identification process is almost non-existent and straightforward. The process is easy and transparent. The token offers users a debit card that allows users to easily access their funds. Presale investors will also earn some revenue from the fees generated. This is why investors should hop onto Kelexo (KLXO) early to gather significant gains in the market.
The great part is it’s completely safe for investors as liquidity is locked for life. The coin has also passed its audit, with a presale price of just $0.022. We see Kelexo (KLXO) becoming a blue-chip crypto in the future and it may just overtake Solana (SOL) and Polygon (MATIC).
Find out more about the Kelexo presale by visiting the website here
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