Sui (SUI) and Ethereum (ETH) holders look for alternative strength in portfolio with Kelexo (KLXO) presale as 25X expected in 2024

Altcoin News

February 09, 2024

Altcoin News

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In crypto, the greatest gains to be made are in low-cap blue chips that haven’t mooned yet. While Ethereum (ETH) and Sui (SUI) can still generate solid gains in 2024, they aren’t expected to deliver the same gains they did back earlier in their respective lifecycles. However, newly-launched decentralized finance peer-to-peer lending platform Kelexo (KLXO) could present a presale investment opportunity that could hit 25x in 2024.

Has Sui (SUI) Peaked Too Soon?

Despite boasting advantages like low latency, scalability and a user-friendly platform, Sui (SUI) has struggled in the market. Investors, focused solely on returns, remain unconvinced by its potential. Sui (SUI) prices plummeted 29.6% from its all-time highs of $2.16, currently trading at $1.52. This has prompted concerns about its ability to deliver a substantial ROI. While the developing ecosystem holds promise, the lack of widespread adoption remains a significant hurdle. In simpler terms, Sui (SUI) needs to prove its worth to investors with concrete results, not just potential advantages.

Ethereum (ETH) Still Struggling With Centralization Issues

Ethereum (ETH) transitioned from a Proof-of-Work to a Proof-of-Stake consensus algorithm with the Ethereum (ETH) 2.0 update. However, the transition to a PoS consensus algorithm actually made Ethereum (ETH) more centralized, with the inherent danger of disproportionate control over which blocks are added to the Ethereum (ETH) network. This is exactly what is playing out. Lido, the largest staking provider in the post-Merge era, dominates the total share of staked Ethereum (ETH) tokens with 32.3% of the staking pool. This is dangerously close to the 33% threshold, which could pose security problems for Ethereum (ETH) down the line.

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Industry Observers Predict 25x Growth for Kelexo (KLXO)

Every crypto investor is out for the investment opportunity that could deliver the mythical double-digit multiplier on their investment. In 2024, one project in its presale phase is being tipped by industry observers as having the potential to deliver an elusive 25x: Kelexo (KLXO).

Kelexo (KLXO) is building the first Web3 peer-to-peer lending marketplace and its presale has generated massive amounts of hype as its presale takes off with 5000 new users after launching several weeks ago. The early demand for Kelexo (KLXO) could foreshadow a big run for its native token Kelexo (KLXO) ahead of the Bitcoin halving and bull market in 2025. Kelexo’s (KLXO) native token was launched at $0.022, which poses an ideal entry point at the lowest possible price for a blue chip crypto project.

Kelexo (KLXO) will connect lenders and borrowers under one platform. Lenders can provision loans in seconds through the Kelexo (KLXO) marketplace, while borrowers can simply search for the loan that works for them—without the need for drawn-out KYC processes, credit checks, or having to jump through unnecessary hoops. Don’t miss out on an opportunity to be ahead of the curve and join stage 1 of the Kelexo (KLXO) presale…before it sells out.