Why is everyone buying Kelexo (KLXO) presale and how it will out-perform Shiba Inu (SHIB) or Aave (AAVE) in its first year

February 25, 2024

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The world of cryptocurrency is constantly evolving with new tokens coming up and attracting top investors. This article is about one such cryptocurrency.

Kelexo (KLXO) has captivated the interest of several investors. In stage 2 and selling at $0.028, many are curious to understand how this token is different from established cryptocurrencies. Kelexo (KLXO) is set to outperform Shiba Inu (SHIB) and Aave (AAVE) in its first year. It’s a token that’s set for remarkable growth in the competitive cryptocurrency market.

Shiba Inu (SHIB) has minimal utility

Shiba Inu (SHIB) gained traction in 2021 and early 2022 due to its rapidly increasing market capitalization. It became popular due to its meme status and the popularity of the “meme coin” trend. Despite its status, Shiba Inu (SHIB) has minimal utility and lacks a compelling use case which makes Kelexo (KLXO) a more appealing token.

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Shiba Inu (SHIB) operates on the Ethereum (ETH) blockchain and uses smart contracts like other ERC-20 tokens. It however needs more technological innovation.

Aave (AAVE) limits borrowing capacity

Aave (AAVE) is an Ethereum (ETH) based protocol that offers automated crypto loans. Aave (AAVE) allows users to deposit cryptocurrency as collateral and borrow other cryptocurrencies. Users can borrow up to a certain percentage of the collateral value referred to as loan-to-value (LTV). Aave (AAVE) limits the borrowed amount to 80% of the current value of the collateral unlike Kelexo (KLXO) which allows flexibility in loan terms without minimum amounts or term lengths.

Aave (AAVE) uses smart contracts to automate the borrowing process by calculating the loan terms, collecting the deposited collateral and distributing the cryptocurrency being borrowed. Kelexo (KLXO) focuses on direct interaction between lenders and borrowers, emphasizing decentralization and instant service.

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Kelexo (KLXO) to outperform Shiba Inu (SHIB) and Aave (AAVE)

Kelexo (KLXO) is one of the first Web3 platforms with a fully decentralized business model. Its main focus is to offer users an efficient way to borrow and lend out money. Unlike the traditional method of borrowing, Kelexo (KLXO) doesn’t require any KYC. So, users do not have to submit identification documents. The vendor can easily list their loan online, by stating the amount they are willing to lend, the loan-to-value (LTV) value they require and the interest they hope to receive.

There are no minimum amounts or term lengths. This approach makes it possible for a wide range of users to access funds regardless of their credit score. Kelexo (KLXO) is beyond lending and borrowing. Users can also get access to a debit card which allows them to spend their funds easily. There’s also a rewards program that helps increase engagement and boosts the network.

Kelexo (KLXO) also has a swap service where users can easily exchange cryptocurrencies instantly from wherever they are across the globe at 0% commission charges. Plus, there’s a VIP program with cashback. Kelexo (KLXO) is currently in its second stage of presale with a price of $0.028.

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