TRON (TRX) and Cardano (ADA) holders are among the 5,000-strong early investors joining the highly-touted Kelexo (KLXO) presale launch as it enters February on a high note. The peer-to-peer lending marketplace is being seen as a potential game-changer in the decentralized finance (DeFi) sector, with a growing number of market analysts believing it could play a major role in the resurgence of the multibillion-dollar industry in 2024 and 2025.
Can TRON (TRX) Retest Historical Highs in 2024?
TRON (TRX) is a smart contract platform whose high throughput makes it a major player in the Ethereum ecosystem. Currently, its native token TRON (TRX) trades at $0.117, recording a 4% weekly gain at the beginning of February. TRON has traded between the $0.11 to $0.117 range in the past month and it looks like good value to retest its historical all-time high of $0.2317 set in 2018. TRON (TRX) is just 49.5% below its ATH level. Its vital role in enabling stablecoin transfers could see it break historic highs in 2024.
Cardano (ADA) Enters February at a Loss
Cardano (ADA) is down 3% in the past 24 hours, trading at $0.5049. The beginning of February has seen its Cardano (ADA) token fall by -9% in the past week, with the ninth-largest cryptocurrency by market capitalization enduring another false start. Cardano (ADA) prices are trading within the $0.48 and $0.52 range, showing little signs of a breakout. Cardano (ADA) has struggled to break past strong resistance at $0.54 and $0.55 after recording a December 2023 high of $0.677.
Kelexo (KLXO) Positioned for a Big Run in 2024
Kelexo (KLXO) is building the first fully-decentralized peer-to-peer lending marketplace designed to democratize crypto lending and borrowing. The platform will enable borrowers to gain access to crypto loans without the inconveniences of credit checks, KYC, endless wait times and dealing with intermediaries. At the same time, prospective lenders will be able to loan out their crypto holdings to earn passive income in just several clicks. The Kelexo (KLXO) platform will be powered entirely by smart contracts, enabling instant and automated withdrawals, deposits, and payments.
Kelexo (KLXO) presale investors will also have access to VIP perks. For instance, early Kelexo (KLXO) investors can avail of a debit card linked to their Kelexo (KLXO) wallets. Kelexo (KLXO) presale investors will also receive a revenue share on fees generated by the Kelexo (KLXO) marketplace that are proportional to their holdings. Another VIP perk is access to a swap service with 0% commission charges, as well as a rewards program where Kelexo (KLXO) holders can earn tokens for achieving milestones and performing specific tasks.
Kelexo (KLXO) tokens are priced at $0.022, presenting an attractive entry point for investors seeking sizable returns. Optimistic forecasts envision a 50x surge from current levels, pushing Kelexo (KLXO) into the $1 range upon Bitcoin’s (BTC) post-halving bull run. The platform could serve as a catalyst in onboarding new audiences to DeFi with its innovative decentralized lending marketplace solution, making the Kelexo (KLXO) presale a can’t-miss investment opportunity in 2024.
Find out more about the Kelexo (KLXO) presale by visiting the website here
