Avalanche (AVAX) has grown into one of the major contenders coming for the crown of Ethereum (ETH) by marketing itself as a faster, more scalable and more affordable blockchain than the latter. One thing both Ethereum (ETH) and Avalanche (AVAX) contenders have in common, however, is the fact that they are buying into the Kelexo (KLXO) presale. Kelexo (KLXO), a revolutionary decentralized peer-to-peer lending protocol, is piquing the interest of crypto investors across the world with the launch of its lending marketplace, including AAVE (AAVE) holders. Here’s why.
What you'll learn 👉
Can Ethereum (ETH) Reach $3,300 in March?
Ethereum (ETH) has been hovering just under $3,000 as of February 24th, with the leading smart contract platform trading at $2,962 as of press time. Ethereum (ETH) registered a 6.4% increase in the past 7 days, continuing its bullish trend to close out February. Two main catalysts are expected to take Ethereum (ETH) on the next leg up to $3,300 in March the Dencun upgrade, which will lower costs, improve scalability and boost throughput and the speculation surrounding a potential spot Ethereum (ETH) ETF in May.
Avalanche (AVAX) Holders Face Short-Term Volatility
Just a week ago, Avalanche (AVAX) holders were riding high after Avalanche (AVAX) token prices surged to a monthly high of $43 when Citibank announced it was exploring using the blockchain for tokenizing private equity funds. However, since then, a major selloff of Avalanche (AVAX) ensued after over 9 million vested Avalanche (AVAX) tokens were unlocked last February 22nd. As at press time, Avalanche (AVAX) was trading at $35. However, the volatility is expected to be short-lived and Avalanche (AVAX) is expected to bounce back shortly.
AAVE (AAVE) Holders Migrating to Kelexo (KLXO)
Kelexo (KLXO) is on the verge of transforming the decentralized peer-to-peer lending marketplace by building the first streamlined and intuitive lending marketplace. In doing so, Kelexo (KLXO) positions itself ideally for greater mass adoption ahead of older protocols like AAVE (AAVE) and Compound (COMP). Industry observers believe Kelexo (KLXO) could be a catalyst for greater DeFi adoption in 2024 and onboard the next generation of new DeFi users in the coming years, which could translate into its native token Kelexo (KLXO) going on a parabolic run.
With its user-friendly marketplace architecture, Kelexo (KLXO) facilitates decentralized P2P lending, rendering loan provisioning and borrowing conveniently. By prioritizing fail-safe and user-friendly P2P lending, Kelexo (KLXO) significantly enhances the user experience and makes it easier for new users to onboard themselves into the P2P lending ecosystem.
At an attractively low price of $0.028 in its initial stage, Kelexo (KLXO) token presents a compelling opportunity to participate in the presale. Seize the chance to join early investors in the Kelexo (KLXO) presale and be part of over 4,000 early adopters taking out early positions in the DeFi lending protocol of the future including Ethereum (ETH), Avalanche (AVAX) and AAVE (AAVE) holders.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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