Decentralized finance (DeFi) lending marketplace Kelexo’s (KLXO) presale is blowing up as over 5,000 registrants have joined several weeks into its presale launch. One unnamed Ethereum (ETH) and Pepe (PEPE) whale has invested 40% of their portfolio in the promising new presale, indicating the traction that Kelexo (KLXO) has generated after launching its KLXO at an introductory rate of $0.022. Prospective presale investors are drawn to its low-risk, high-reward potential, especially with DeFi set to come back in a big way in 2024.
Pepe (PEPE) Falls By the Wayside
Pepe (PEPE) was one of the biggest stories in the meme coin world last year, with the cartoon frog-themed meme coin notably growing to a $1 billion market cap within several weeks after launching last April 2023. Since then, PEPE market cap has plummeted to $400 million as of this writing, with its lack of underlying utility ushering in scores of investors moving on. According to CoinGecko, Pepe is down -9.4% in the past 24 hours, trading at $0.000000951 and down by 28% in the past month.
Ethereum (ETH) Pumps after StanChart ETF Prediction
Ethereum (ETH), meanwhile, regained $2,300 after banking giant Standard Chartered mentioned its enthusiasm about spot ETH ETFs being approved in May. The multinational bank believes ETH could trade at $4,000 before May, or around the time spot Ethereum ETFs might already have been launched. The total crypto market’s capitalization is already up to $1.7 billion versus its recent lows of around $1.45 trillion in the past week, but Ethereum (ETH) has been losing ground to L1 platforms with higher price ceilings.
The Future of Lending Has Arrived With the Kelexo (KLXO) Presale
Kelexo’s (KLXO) presale has drawn the attention of whales who wish to roll their profits into a project with 50x potential. On-chain data shows a massive Ethereum (ETH) and Pepe (PEPE) holder dropping 40% of his portfolio to join stage 1 of the 7-stage Kelexo (KLXO) presale. With token prices set to rise at every stage from a launch price of $0.022, early KLXO buyers may very well be “in the green” even before the token launches on exchanges.
Kelexo is bringing the future of P2P lending with its innovative and fully decentralized P2P lending marketplace. The platform opens up a world of financial possibilities for borrowers and lenders without the traditional hassles associated with KYC, procuring documents, endless processing times, and credit checks. With KLXO, all lenders need is to join the marketplace, set the terms of their loans backed by their crypto holdings, and list them. Borrowers, meanwhile, will only need 2 minutes to gain access to credit facilities 24/7/365. The intuitive, revolutionary approach to lending has market analysts believing Kelexo could become one of the key players in DeFi in 2024—and deliver a potential 1,900% gain for holders when the next bull run comes around.
Whales are closing in on the KLXO presale and about to sell out in the first stage—don’t miss out on the absolute best time to join the presale before it moves on to stage 2.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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