 is preparing to unlock a staggering 1.1 billion tokens on March 16, worth around $2 Billion at a current value of $1.82/token.){kind=link}
Many crypto investors are optimistic about 2024 because there is a lot to look forward to. The upcoming Bitcoin halving as well as the Fed’s potential rate cuts could fuel one of the biggest bull markets in history. Arbitrum (ARB) and Litecoin (LTC) holders are already transitioning to Kelexo (KLXO) – a new lending platform set to revolutionize the DeFi space – because of its investor-centric approach.
Will Kelexo (KLXO) have a higher return on investment in 2024 than Arbitrum (ARB) and Litecoin (LTC)?
Arbitrum (ARB) to Unlock 1.1 Billion ARB Tokens in March
Arbitrum (ARB) is preparing to unlock a staggering 1.1 billion tokens on March 16, worth around $2 Billion at a current value of $1.82/token. This unlock is expected to exert selling pressure on Arbitrum (ARB), leading the token to nosedive.
ARB is already showing signs of tumbling after its price fell from $2.25 on January 12 to $1.82 on February 7. This indicates that Arbitrum (ARB) has lost 19.1% of its value in less than a month.
Analysts expect Arbitrum (ARB) to trade around the $1 mark in the run-up to the token unlock. While there is room for Arbitrum (ARB) to perform well in H2 2024, analysts believe that Kelexo (KLXO) will gain the upper hand.
Litecoin (LTC) Loses Steam
Litecoin (LTC) has lost steam since its halving event that took place on August 2, 2023. On July 3, 2023, Litecoin (LTC) reached a high of $113.23 before tumbling to its current price of $67.90. Litecoin (LTC) has lost 40% of its value since July 3 and is at risk of falling further.
Analysts warn that unless the Bitcoin halving or rate cut narratives catch on very early, Litecoin (LTC) holders should brace for more losses. Over a longer period, Litecoin (LTC) is expected to outperform many cryptocurrencies because it has been around for more than 12 years and has never had any network outages.
Savvy Litecoin (LTC) and Arbitrum (ARB) investors are taking their profits and allocating a portion of them to promising projects like Kelexo (KLXO).
Kelexo (KLXO) is the Project to Watch in 2024
Kelexo (KLXO) is tipped to be a top crypto coin to buy in 2024 because of several reasons. As a Web3 lending and borrowing platform, Kelexo (KLXO) will cater to all individuals, even those with low credit scores. This will allow Kelexo (KLXO) to claim the lion’s share of the pie in a peer-to-peer lending market which is projected to grow from $143.54 Billion in 2023 to $190.22 Billion in 2024.
Apart from its practical utility, Kelexo’s (KLXO) timing is top-notch. Kelexo is in presale in the run-up to the Bitcoin halving event and the United States is closer to rate cuts. As a new cryptocurrency, KLXO is at the cusp of experiencing its first bull market.
After passing its audit and the promise to lock liquidity for life, Kelexo has become the darling of investors who want to earn big returns on their investments. As always, investors who invest early in new, practical projects have a straight path to success. Kelexo (KLXO) is a promising investment in 2024.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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