 and Avalanche (AVAX) have gone on significant runs entering February 2024, with plenty of whales and early investors in profit.){kind=link}
TRON (TRX) and Avalanche (AVAX) have gone on significant runs entering February 2024, with plenty of whales and early investors in profit. A good number of them are reinvesting their profits into projects with an even higher price ceiling in 2024. One of those projects is a newly-launched decentralized peer-to-peer lending protocol called Kelexo (KLXO) and it’s set to make waves in the decentralized finance (DeFi) world this year. Avalanche (AVAX) and TRON (TRX) holders are among the scores of prospective investors turning up to the Kelexo (KLXO) presale—here’s why.
TRON (TRX) Reinvents Itself as a Major DeFi Player
TRON (TRX) is a decentralized entertainment protocol that was founded in 2017. It is designed to “decentralize the web” and allow for a more open internet. However, TRON has since pivoted its focus on decentralized entertainment to becoming a major player in the DeFi scene as a high-performance, scalable and fast blockchain that facilitates payments. TRON also boasts a $50 billion in stablecoin volume.
Avalanche (AVAX) Gaining Market Share in 2024
Avalanche (AVAX) is fast gaining popularity in 2024 as it goes up against leading smart contract platform Ethereum (ETH) in terms of transaction speed, throughput and low fees. Despite market fluctuations, the distributed software platform’s AVAX token increased in price by 254% in 2023. With low costs and infinitely greater scalability than Ethereum, Avalanche has a legitimate chance to challenge for the former’s crown. With a solid team and community, 2024 appears to be a bright year for Avalanche (AVAX). If it continues capturing a significant market share in DeFi and NFTs, Avalanche (AVAX) could surge in price in 2024.
Kelexo (KLXO) Presale Continues at Record-Breaking Pace
Decentralized finance is coming back in a big way in 2024 and one protocol expected to play a major role in its renaissance is Kelexo (KLXO). Market analysts believe it could be the next low-cap DeFi gem and its presale has attracted scores of new prospective investors—including TRON (TRX) and Avalanche (AVAX) whales looking to extend their profits.
KLXO is redefining peer-to-peer lending with its one-stop crypto lending marketplace solution. Borrowers can browse a variety of loan options listed by lenders, while prospective lenders can easily provision loans on the platform in just a few clicks. Kelexo token holders, meanwhile, can also leverage their Kelexo (KLXO) holdings to earn passive incomes proportional to their holdings.
It democratizes access to loan facilities, offering users 24 hours a day, 7 days a week access to crypto-backed credit. The best part? Kelexo is a no-KYC platform, meaning users don’t need to deal with the traditional hassles of lending platforms. These include slow processing and disbursement times, long credit investigations, high transaction fees, and dealing with intermediaries. Kelexo automates and streamlines everything with its fully-audited smart contracts. Kelexo (KLXO) is one of the DeFi protocols on the verge of a breakout in 2024.
Don’t miss out on a protocol expected to play a major role in DeFi’s resurgence in 2024—join the Kelexo (KLXO) presale today.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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