Kelexo (KLXO) predicted 50X gains sees French Hedge Fund sink 40% of Ethereum (ETH) holdings in presale

February 25, 2024

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As a rule of thumb, the best time to invest in projects is before they hit the market. Once they make their market entry, their prices often skyrocket. This makes them expensive and the gains differ from investors who got into the pre-launch or presale stages.

The Kelexo (KLXO) protocol has received a series of predictions. With a recent publication stating Kelexo (KLXO) could hit a possible 50x gain in the market, its capital inflow from investors has risen drastically. News has it that a French hedge fund has invested 40% of its Ethereum (ETH) holding in the Kelexo (KLXO) presale.

Ethereum (ETH) to stay solid amidst loss of market activity

Ethereum (ETH) has seen a drop in exchange supply in the last few days. This is due to over $2B worth of Ethereum (ETH) being moved off exchanges. This move dropped Ethereum (ETH) market activity by 22.54%. However, this move hasn’t decreased the token’s value. Still trading at $2,961.33 per token, Ethereum (ETH) is the second-highest token in terms of market capitalization.

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After gaining 6.81% in market value over the last seven days, Ethereum (ETH) now has a total market value of $355.8B. With the Bitcoin (BTC) halving coming up, it is no surprise that Ethereum (ETH) whale investors are trying to gather as much revenue as possible. With the French hedge fund investing 40% of its Ethereum (ETH) holding into Kelexo (KLXO), investors are preparing for a rally in the next few days.

What’s new with Kelexo (KLXO)?

Kelexo (KLXO) is the 2024 protocol. As an innovative project targeting the lending industry, Kelexo (KLXO) has a broad market to benefit from. Having found a way to cut off brokers and the need for excessive documentation during token lending, Kelexo (KLXO) has solved huge blockstones hindering the crypto lending business’s growth and the expensive nature of borrowing tokens.

With Kelexo (KLXO), all users have an even playing field. Once they take about 2-3 minutes to sign up, they can either list their tokens for loans or search for tokens to loan. Since all terms and conditions would have been attached to the loan, all a lender needs to do is agree to the terms and conditions and the loan requested will be deposited into their wallets instantly. This ease of access and high functionality is why the buy-in for the Kelexo (KLXO) protocol has skyrocketed in presale stage two.

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The native token of the Web3 crypto lending platform is now in stage two. Selling for just $0.028 per token, the Kelexo (KLXO) token is the most sought-after token in the market right now. Benefits of holding the token include the ability to vote on upgrades, earn rewards from the platforms, make easy transaction payments on Kelexo (KLXO) and so on.

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