Trading patterns show Kelexo (KLXO) being invested in by Toncoin (TON) & Bitcoin (BTC) Hedge Funds as daily traders follow suit

Trading patterns show Kelexo (KLXO) being invested in by Toncoin (TON) & Bitcoin (BTC) Hedge Funds as daily traders follow suit

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Kelexo (KLXO) is fast turning into the new sensation in the crypto world, with stage 1 of its presale garnering over thousands of registrants over the past several weeks. Among the early investors taking out major positions very early into its life cycle are Bitcoin (BTC) and Toncoin (TON) holders looking to diversify their portfolios with an undervalued presale gem here’s why.

Toncoin (TON) Stays Firmly Range-Bound in February

Toncoin (TON) is down 6.3% over the past week, trading at $2.10 as of this writing. While much can be said about its stability, it has remained range-bound between $2 and $2.20 in February, exhibiting very little growth as other altcoins have posted double-digit gains. More troubling for Toncoin (TON) is the fact that while it has a $7.3 billion market cap, its 24-hour trade volume is a measly $16 million. Centralization, much? You bet.

Bitcoin (BTC) Rally Cools Off With Support at $50K

Bitcoin (BTC) is currently in a consolidation phase, with a range of $50,000 to resistance at the $53,000 level. With the upward trend of moving averages and the RSI nearing the overbought zone, it seems that Bitcoin (BTC) bulls are catching wind for another rally.  A break above resistance at $53,000 followed by a close might serve as the catalyst for a run to the next leg up at $60,000. Bitcoin (BTC) bears need to push prices below $49,000 if they are to prevent the projected upswing.

Kelexo (KLXO) Presale Attracting Whales as Stage 1 Nears Sellout

Hedge funds invested in Bitcoin (BTC) and Toncoin (TON) have been piling into stage 1 of the Kelexo (KLXO) presale as they diversify their respective portfolios with the undervalued presale gem. Kelexo (KLXO) is expected to play an integral role in the resurgence of DeFi in 2024 and beyond.

Kelexo (KLXO) is drastically redefining the entire decentralized peer-to-peer lending industry with its new lending marketplace protocol. By building the first lending marketplace, individuals interested in lending and borrowing will find it as easy to procure loans or provision them to earn passive income as using e-commerce platforms like eBay. 

No other decentralized P2P lending protocol makes it as simple as Kelexo (KLXO) does. Kelexo (KLXO) is expected to capture a significant portion of the existing user base as well as onboard new DeFi users with its intuitive marketplace platform powered entirely by audited smart contracts. To ensure optimal price and protocol performance, team tokens have been subjected to a 500-day liquidity lock and platform liquidity being perpetually locked.

With Kelexo (KLXO) tokens being launched at an amazingly low introductory price of just $0.028, presale investors could be in for major gains in 2024 and beyond. Market analysts predict its native token Kelexo (KLXO) could trade around the $1 to $2 range when the bull market comes around in 2025. Don’t sit this one out join the Kelexo (KLXO) presale while prices are this low. They might never be this low again.

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.

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