Published
4 months ago on
February 23, 2024
Table of Contents
- Solana (SOL) loses a momentary breakthrough
- Is Immutable (IMX) losing its holders to Kelexo (KLXO)?
- Kelexo (KLXO) to empower its user community
Earmarked as the blue chip crypto of 2024, the Kelexo (KLXO) token is now in its second presale stage. After a successful presale stage one, Kelexo (KLXO) sells for $0.028 per token. With its projected exponential growth, Kelexo (KLXO) is set to disrupt the $7 billion loan market.
We are sure all smart crypto holders and traders are trying to buy into the protocol. The news also states that Solana (SOL) and Immutable (IMX) holders are scrambling to buy into the presale.
Solana (SOL) loses a momentary breakthrough
In mid-February, the Solana (SOL) token hit a breakthrough and was trending upwards. Solana (SOL) has lost 13.91% in market value in the last seven days. This loss has reduced Solana's (SOL) total market cap by $2.5B. With this current value, it is no surprise that Solana (SOL) has dropped to the #5 position in token ranking.
However, market activity around the Solana (SOL) token has increased by 14.11%, bringing its trading value to $2.4B. Solana (SOL) investors have been asked to buy into Kelexo(KLXO) to increase their revenue generation potential in Q1.
Is Immutable (IMX) losing its holders to Kelexo (KLXO)?
On the other hand, the Immutable (IMX) token has gained over 9% in token value in the last seven days. Selling for $3.27 per token, Immutable (IMX) has a total market cap of $4B. Designed as the first layer-2 scaling solution for NFTs and Ethereum (ETH), Immutable (IMX) has allowed users to create and distribute assets on a massive scale.
Rumor has it that Immutable (IMX) holders are dumping their tokens for Kelexo (KLXO), which has dropped 20.23% in trading volume. Immutable (IMX) is now trading less than $150M daily.
Kelexo (KLXO) to empower its user community
The Kelexo (KLXO) protocol is a crypto lending protocol to be launched on Web3. As the first-ever decentralized lending platform to be created, Kelexo (KLXO) will be a great market mover. For all token holders, they are to become the governors of Kelexo (KLXO)
By deciding or proposing the growth track of the Web3 platform, Kelexo's (KLXO) worth will be communally determined by its users. This is why a top analyst has noted that as long as one holds the Kelexo (KLXO) token, they are bound to profit from its protocol activity.
Token holders could be either VIP or non-VIP members. Non-VIP members must actively engage in the protocol by completing tasks or performing activities. Ultimately, they will get the Kelexo (KLXO) token as a reward.
A VIP member will get to earn Kelexo (KLXO) passively. By just holding the token, they will get rewards for all transactions performed on the platform. An added advantage for VIP holders is that they get account management tips and cashback.
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.
Investment Disclaimer
