Why will lending platforms soar in 2024? Will Kelexo (KLXO) outperform the likes of Shiba Inu (SHIB) or Cosmos (ATOM)?

February 27, 2024

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As a market precedent, protocols with substantial market differences and functionality drive their tokens growth. For example, some crypto traders believe that meme tokens are not worth buying as they have no functionality in the market system. They often support their claim with the downturn of these tokens once their design influence is off the market.

This same school of thought is why some traders ask if the Kelexo (KLXO) protocol will soar in 2024. They have also compared the token with Shiba Inu (SHIB), a meme token and the Cosmos (ATOM) token. While they are right to question this, Kelexo (KLXO) doesn’t sit in the same token class as Shiba Inu (SHIB) and Cosmos (ATOM).

Shiba Inu (SHIB) stays underwhelming in the market

Shiba Inu (SHIB) is the primary token of the Shiba Inu (SHIB) ecosystem. Designed in late 2020, Shiba Inu (SHIB) has seen impressive market growth. In September 2021. Coinbase listed Shiba Inu (SHIB) on its platform and the token grew by over 40% in the next 48 hours. However, that is the last time the Shiba Inu (SHIB) reached its peak.

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As of writing, the total market cap of Shiba Inu (SHIB) could be more impressive compared to its total token supply. With about 589 trillion tokens in circulation, crypto analysts say the token should be doing way better. This is why the question of Kelexo (KLXO) is being questioned.

Cosmos (ATOM) loses in the crypto market

Designed to solve the scalability of proof-of-work protocols, Cosmos (ATOM) as a protocol is trying to solve one of the biggest problems in the crypto space. Some have described the Cosmos (ATOM) protocol as a blockchain 3.0 since its unique feature is modularity in its core objective.

As of writing, the Cosmos (ATOM) token is trading slightly above the $10 mark. After losing a slight 2.72% market value in the last seven days, Cosmos (ATOM) is now ranked 24th in market capitalization. Currently trading about $110M of tokens daily, Cosmos (ATOM) is the 65th-highest trading crypto.

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Kelexo (KLXO) to make 35x gains in 2024

Kelexo (KLXO) is a crypto lending protocol. Compared to its sister, which uses a liquidity pool to facilitate crypto lending, Kelexo (KLXO) has made its system a P2P system. The Kelexo (KLXO) protocol will be launched on Web3 as a unique decentralized protocol. Intending to make crypto lending easy for all involved, the value proposition of Kelexo (KLXO) far outweighs that of Cosmos (ATOM) and Shiba Inu (SHIB).

The Kelexo (KLXO) token is selling for just $0.028 in its presale activity. With over 5,000 user sign-ups, all Kelexo (KLXO) early investors are looking to make a 35x gain on their investment at market entry. We are confident that Kelexo (KLXO) will soar in 2024 and we implore you to check the protocol out.

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