With a major liquidation of Ethereum (ETH) tokens from bankrupt lender Celsius in the process, Ethereum (ETH) holders are looking for projects to diversify their portfolios ahead of what could be more turbulence. Bitcoin (BTC), meanwhile, is down in the past 24 hours after recapturing the $42,000 in the past 3 days of trading. But hope springs eternal in the crypto world, and one project in its presale phase is gaining traction as one of the best investment opportunities of 2024: Kelexo (KLXO). Here’s why Ethereum (ETH) and Bitcoin (BTC) holders are taking out early positions in the revolutionary decentralized finance (DeFi) lending protocol.
Ethereum (ETH) In the Midst of $1B Celsius Selloff
Ethereum (ETH) is currently in the midst of a $1 billion selloff from bankrupt lender Celsius, which was detected to have transferred 459,561 Ethereum (ETH) to various central exchanges. This is a prelude to a major selloff, which could trigger massive selling pressure on Ethereum (ETH) prices. The Celsius outflow could be bearish for Ethereum (ETH) prices in the short term, with support at $2,000 to monitor. If it falls below this critical technical and psychological support level, Ethereum (ETH) could take a nosedive at the next major support level of $1,800.
Bitcoin (BTC) Cools Off After Regaining $42,000
Bitcoin (BTC) went on a recent tear after the recent market-wide correction which saw it break below $39,000. However, in the past 72 hours of trading, Bitcoin (BTC) surged from just under $40,000 to breaking past the $42,000 mark. However, Bitcoin (BTC) has cooled down since then, as it last changed hands at $41,976, or -0.7% from the past 24 hours of trading.
Kelexo (KLXO) Set for Major Boost in 2024
Kelexo (KLXO) is surging into 2024 on a high note as stage 1 of its presale drew over 4,000 prospective investors within a week of launching. Kelexo (KLXO) is building a revolutionary decentralized finance (DeFi) peer-to-peer lending marketplace launching at a special introductory price of $0.022. Token prices will then increase in the succeeding stages of its 7-stage presale, allowing early investors to be in profit very early into Kelexo’s (KLXO) launch. Kelexo (KLXO) will revolutionize P2P lending by allowing borrowers to access 24/7 credit fully collateralized by crypto holdings that lenders provision to gain an income.
Kelexo (KLXO) has ensured the success of its presale launch by undergoing a full audit. The dev team has implemented a 500-day lock on token team allocations as well as a lifetime liquidity lock on the lending marketplace to ensure its proper operation and future growth.
With KLXO tokens at a massive bargain, early investors are incentivized to take out early positions in Kelexo (KLXO) at the best possible entry price. And with market analysts believing Kelexo (KLXO) could easily turn in a 1,900% increase ahead of the next bull run, early investors could see the largest possible gains by acting now. The best time to join the Kelexo (KLXO) presale was yesterday. The next best time is now.
Find out more about the Kelexo (KLXO) presale by visiting the website here
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
