The Kelexo (KLXO) token presale has attracted a lot of investment in the past couple of days. Now in stage two of presale activities, Kelexo (KLXO) has pulled in massive investments from holders of Chainlink (LINK) and Bitcoin Cash (BCH). With these two investors buying into the lending solution, Kelexo (KLXO) is set for a bull run in stage two of the presale. Selling at $0.028 per token, rumor has it that the Kelexo (KLXO) token is marked as the Blue chip crypto of 2024 and is expected to hit the 35x return on investment mark for its investors.
Chainlink (LINK) ranks 12th in market capitalization
Designed to allow blockchains to receive data from others, the Chainlink (LINK) protocol has greatly changed the crypto space. As of market entry, Chainlink (LINK) enabled blockchains to use a universally connected smart contract for transaction execution. With Chainlink (LINK), users became node operators who could earn revenue by running data infrastructures for blockchain successes. With these features, Chainlink (LINK) had an impressive market entry and now has a total market value of $11 billion. This value has earned Chainlink (LINK) the #12 spot by market capitalization.
Bitcoin Cash (BCH) stays strong amidst investors move into Kelexo (KLXO)
The Bitcoin Cash (BCH) protocol is a peer-to-peer e-cash system. Bitcoin Cash (BCH) was launched in 2017 after a code tweak was done to the Bitcoin code. This made the crypto community see Bitcoin Cash (BCH) as an alternative token to Bitcoin. With this level of acceptance, Bitcoin Cash (BCH) is ranked as the 18th most powerful token in the crypto market. With a total market value of $5 billion, Bitcoin Cash (BCH) trades about $380 million worth of tokens daily. Buying Kelexo (KLXO) by Bitcoin Cash (BCH) holders doesn’t seem to have marred the token’s market value, with an above 9% market gain in the last seven days.
Kelexo (KLXO) to reshape token lending at market entry
Kelexo (KLXO) is a Web3 crypto lending platform. Kelexo (KLXO) makes token lending easy for all interested parties by removing the need for brokers and guarantors. As a peer-to-peer interaction platform, all token listers on Kelexo (KLXO) will have direct contact with anyone who wants to borrow tokens from them. However, these interactions may be optional. Anyone putting their token up for loan on Kelexo (KLXO) must include their agreement clause on the platform. This will include all necessary information, such as LTV value, payback time, interest rate and other information whoever wants the token needs to know.
For all users on the lending platform, the native token Kelexo (KLXO) will be the primary token of the platform. To make users’ lives easier, Kelexo (KLXO) will come with a zero-commission token swap feature to enable the switch when necessary. As a decentralized platform, all token holders will decide on changes and upgrades to the protocol. Also great to know is that the Kelexo (KLXO) token can be earned on the platform by performing tasks and engaging with the platform consistently. Head to the website to learn more about the Kelexo (KLXO) protocol and token.
Find out more about the Kelexo (KLXO) presale at their official website.
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.
