With many crypto enthusiasts anticipating a bull market in 2024, it is not surprising that a presale mania is back as investors look for outsized gains. Established cryptocurrencies like Toncoin (TON) and Cardano (ADA) are currently taking a breather, allowing their holders to allocate their capital into Kelexo (KLXO), a promising Web3 lending solution with the potential to explode in the future.
This article explores why Toncoin (TON) and Cardano (ADA) holders find Kelexo (KLXO) as a viable long-term project to hold.
The TON network announced a wallet upgrade – MyTonWallet version v17 – on January 4. Toncoin (TON) claims that the wallet has innovative features that give users a smoother, safer wallet experience.
Despite the welcome announcement, Toncoin (TON)Β is down 4.57% after its price decreased from $2.19 on January 4 to $2.09 on February 2. Analysts predict that Toncoin (TON) could fall further as the market corrects.
This has left many Toncoin (TON) holders diversifying into new projects such as Kelexo (KLXO) to maximize their potential returns. Toncoin (TON) remains a good crypto to hold, analysts say.
2024 started on a good note, with many cryptocurrencies registering huge gains in anticipation of spot Bitcoin ETF approval. However, many cryptocurrencies including Cardano (ADA) have surrendered their gains.
Cardano (ADA), a top ten cryptocurrency, has shed 13% of its value year-to-date due to its price crashing from $0.5904 on January 1 to $0.5136 on February 2. Experts fear that if Cardano (ADA) fails to defend the $0.48 level, it might drop to $0.38.
On the other hand, Cardano (ADA) holders may offload some of their holdings to buy Kelexo (KLXO) as it has a high potential to net huge gains. The same investors will be looking to buy Cardano (ADA) at the projected lower prices.
Kelexo (KLXO) will be a decentralized Web3 lending platform where loan lenders and borrowers directly connect in a peer-to-peer manner. This eliminates third-party intermediaries, allowing users to have more money in their pockets.
The new project, deemed one of the best cryptocurrencies to invest in, is expected to attract many users as KYC is not required and transactions are settled within a few minutes. Its decentralized governance model gives power to users.
Investors see Kelexo (KLXO) as a future blue-chip crypto. Kelexo (KLXO) is completely safe for investors because its liquidity will be locked for life. This is why investors are drawn to the Kelexo (KLXO) presale where each token can be bought for a very, very low price.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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