Kelexo (KLXO) off to a flying start as Ripple (XRP) and Cardano (ADA) holders buy into new presale

Altcoin News

January 27, 2024

Altcoin News

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Presale madness is in the air, with a host of new and exciting protocols offering the potential to make substantial gains in 2024. One of the presales gaining traction thus far is DeFi P2P lending marketplace Kelexo (KLXO), whose bright prospects and potential key role in onboarding new audiences with its crypto loan platform. Kelexo (KLXO) has launched stage 1 of its presale, drawing 3,000+ interested participants barely a week into its launch. Ripple (XRP) and Cardano (ADA) are among the early holders. Here’s why.

Cardano (ADA) Network Activity Increases Amid Sinking Prices

Cardano (ADA) prices have corrected from their December 2023 high of $0.60 to $0.47 where it currently trades. Increased network activity on Cardano (ADA) hasn’t translated into an increase in token prices. According to Cardano Blockchain Insights, the number of smart contracts on Cardano (ADA) has increased threefold as of January 26th. According to crypto aggregator CoinGecko, the current Cardano (ADA) price indicates a 22% decline in the past month.

Gemini Debuts Ripple (XRP) Perpetual Contracts

Ripple (XRP) holders will be happy to have another instrument to speculate on Ripple (XRP) prices. Crypto exchange Gemini recently debuted XRP/GUSD perpetual contracts, allowing investors to speculate and profit from the Ripple (XRP) price movements without having to own the underlying asset. Ripple (XRP) was currently sitting at a $29 billion market cap and trading at $0.53, representing a 24-hour gain of 4% as of this writing.

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Kelexo (KLXO) Surges Past 3,000+ Holders in Stage 1 Launch

Ripple (XRP) and Cardano (ADA) holders are diversifying their stacks into projects with more upside potential in 2024. One of those is DeFi P2P lending platform Kelexo (KLXO), which market analysts predict could go off on a big run this year. As evidenced by the massive interest surrounding its stage 1 launch having onboarded 3,000+ new holders as of this writing, Kelexo (KLXO) is packed with explosive moon potential very early on.

Kelexo (KLXO) distinguishes itself from traditional P2P lending platforms by prioritizing user privacy and autonomy through its ethos of Web3. Kelexo (KLXO) enables 24/7 access to crypto-backed loans for borrowers and seamless portfolio diversification for lenders who provision said loans. With Kelexo (KLXO), there is no need for KYC procedures, credit checks, or endless wait times. Borrowers will have the complete freedom to choose the loan whose terms and conditions work out the best. All payments are instant and all agreements will be enforced with smart contracts for utmost transparency.

Kelexo (KLXO) will also grant holders a debit card linked to their Kelexo (KLXO) marketplace wallet for a seamless user experience. Kelexo (KLXO) tokens are available at a serious bargain of $0.022 as of stage 1. Kelexo (KLXO) definitely makes a solid case as one of the top presale investment opportunities of 2024.