Eager crypto investors join the Kelexo (KLXO) presale as PEPE (PEPE) and Tron (TRX) drop

PEPE (PEPE) has seemingly fallen off the face of the earth after its hot run in the summer of 2023. On the other hand, Tron (TRX) is facing a shortfall in demand and user activity on its blockchain. This has led to their investors searching for greener pastures to diversify their portfolios into—and one newcomer appears to be the perfect opportunity. It’s called Kelexo (KLXO), and it’s revolutionizing the P2P lending industry with its decentralized lending marketplace. 

Has PEPE (PEPE) Run its Course?

PEPE (PEPE) was one of the biggest meme coins of 2023, notably surging to a $1.1 billion market capitalization within several weeks after it launched. Since then, however, PEPE (PEPE) has lost over $620 million in market capitalization, sending prices on a quick tailspin even faster than it rose to prominence. PEPE (PEPE) currently sits at $484 million market capitalization, with trading volume down 7% over the past 24 hours, per CoinMarketCap. At the time of writing, PEPE (PEPE) was trading at $0.000001402—or 73% below its previous ATH.

TRON (TRX) Stagnates in User Activity in Q4 2023

On-chain analytics firm Messari Crypto reported that Tron (TRX) saw a substantial decline in user activity in Q4 2023, even as Tron (TRX) prices were up 75% on a year-to-date basis. The dwindling user activity on Tron (TRX) was noted even as the crypto market rebounded during the same quarter. According to Messari’s findings, Tron (TRX) daily active addresses fell by 2% during the fourth quarter of 2023, while fresh demand indicated by the creation of new Tron (TRX) addresses also fell by 2%, with a meager 185,000 new addresses.

Kelexo (KLXO) Stage 1 Presale Launch Gains Steam

With the narrative pivoting from meme coins like PEPE (PEPE) and big-cap coins like Tron (TRX) and into projects with real-world utility and a higher price ceiling, crypto observers are buzzing about the presale launch of Kelexo (KLXO). 

Kelexo (KLXO) revolutionizes the lending industry by eliminating intermediaries and enabling direct transactions between lenders and borrowers anytime, anywhere. In doing so, Kelexo (KLXO) eliminates the inefficiencies and limitations of traditional P2P lending as we know it. All loans on Kelexo (KLXO) will be fully collateralized by crypto reserves by lenders, while borrowers won’t need any KYC, loan brokers or officers, or overwrought approval processes hamstringing their financial goals. Smart contract technology ensures the integrity of loan agreements, eliminating the need for manual processing and reducing the risk of fraud. Kelexo (KLXO) is poised to transform the lending landscape, democratizing access to credit on demand. 

The Kelexo (KLXO) presale is going live with Stage 1, where tokens will be available at a great entry point of $0.022. The Kelexo (KLXO) team is securing the future of its Web3 lending marketplace by locking team token allocation for 500 days, implementing a lifetime liquidity lock and incentivizing holders by granting them a share in the platform’s revenues. Be part of the future of P2P lending with Kelexo (KLXO).

Find out more about the Kelexo presale by visiting the website here

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.