Easter weekend is in full swing. And just like billions of celebrants all over the world hunting for Easter eggs for treasure, so are crypto investors searching for the next “Easter egg” for significant growth opportunities in terms of low-cap crypto gems and presale opportunities ahead of the imminent Bitcoin halving in April.
A good number of Binance Coin (BNB) holders are in the green after a superb performance in the past month, as are Tether (USDT) holders looking to deploy their capital. One of the presale gems they are training their sights on is Kelexo (KLXO), a revolutionary new DeFi lending protocol poised for major growth in 2024.
Tether’s popularity extends to criminal circles
USDT is the undisputed stablecoin leader in terms of market capitalization, with an upwards of $100 billion valuation. Naturally, its popularity has extended to the underworld. According to TRM Labs, Tether was the leading U.S.-pegged stablecoin used to facilitate illegal transactions in 2023 despite a reduction in illicit transaction volume thanks to sanctions and law enforcement surrounding such deals. The blockchain intelligence outfit states that the total illicit transactional activity on Tether was almost 1.6%, or $19 billion, in 2023. The figure was lower than in 2022 when $24.7 billion, but it remains high. In contrast, Circle-issued stablecoin USD Coin recorded a tiny 0.05% in illicit flows. The report stated that USDT was the preferred crypto for terrorist financing.
Binance Coin narrows the gap with Ethereum (ETH)
BNB saw a 7.4% increase in the past seven days leading up to Easter Sunday, reaching a new two-week high of $620. The spike in prices narrowed Binance Coin’s gap with its primary competitor, Ethereum, which recorded a 6.1% gain over the same period. Currently, BNB trades at $608. However, holders are forewarned about on-chain data showing that Binance Coin might have been overbought in its recent rally.
Kelexo is offering DeFi investors plenty of optimism ahead of Bitcoin halving
With Easter ringing in a new month and the much-awaited Bitcoin halving, crypto investors are falling over themselves, taking out positions in tokens with serious potential.
And thus far, with decentralized finance clearly in the frame for a major revival, a good number of USDT and BNB holders are buying up early positions in the KLXO presale. Kelexo is building the premier decentralized peer-to-peer marketplace and taking over the sector over dinosaurs like AAVE and Compound.
The best part? Kelexo makes the entire lending and borrowing process fuss-free with its robust yet intuitive marketplace format, removing the steep learning curve associated with lending protocols that have already peaked during the last bull cycle. This gives its native token KLXO unbridled potential for a parabolic run in 2024 and beyond.
The potential for Kelexo to onboard a whole new generation of DeFi users is what gives it a legitimate shot at a 50x gain, making stage 2 of its presale launch an ideal opportunity for growth-focused investors to bet on a DeFi renaissance in 2024 and onwards.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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