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- Insights
- Cryptocurrencies
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- White Papers
- Industry
- Geography
In the ever-evolving crypto market, Kelexo (KLXO) has emerged as a popular choice among investors looking for an advanced lending platform to earn a high return on their cryptocurrency holdings. The growth of the platform has attracted investors from Filecoin (FIL) and Cosmos (ATOM).
In other news, Binance coin (BNB) has caught the attention of bulls for remaining bullish in the bearish crypto market. Defying the bearish trend, the price of Binance coin (BNB) has briefly crossed the $600 mark as it looks to form a new all-time high in the coming weeks.
Binance coin (BNB) has been riding a strong bullish wave over the past few weeks. Year-to-date, the price of Binance coin (BNB) has increased by more than 70%, trading above the $640 mark. However, Binance coin (BNB) has joined the crypto market correction, with its price dropping back to the $520 level.
Despite the recent market downtrend, a top crypto analyst, Kelexo (KLXO) is optimistic that Binance coin (BNB) will rally to a new all-time high in the coming weeks. As per Kelexo (KLXO) analysis, Binance coin (BNB) is one of the best big-cap coins you can buy, as he charted a course that could see the price of the coin at $786 in the upcoming weeks, per the chart that Kelexo (KLXO) published. If the prediction comes true, Binance coin (BNB) will reach a new all-time high at this point.
Unlike Binance coin (BNB), Filecoin (FIL) is facing downtrends on multiple timeframes. Filecoin (FIL) is seeing steeper losses, dropping by more than 23% on the weekly chart. As a result of the downtrend, Filecoin (FIL) has dropped from weekly highs above $11.5 to the $8 support level. Filecoin (FIL) bulls must defend this support, as a break below could lead to another 20% decline.
Similarly, Cosmos (ATOM) has been on a significant decline, losing 17% of its gains on the weekly chart. As a result of the decline, the price of Cosmos (ATOM) has now lost all its gains accumulated in 2024.
Cosmos (ATOM) now trades at $11, despite peaking above $14.3 early in March. Due to the negative price actions of Filecoin (FIL) and Cosmos (ATOM), many investors have turned to the more promising Kelexo (KLXO).
Kelexo (KLXO) has been the buzz in the DeFi market, thanks to its next generation lending vision. Kelexo (KLXO) will act as a marketplace of credit for individuals looking to get a fully-collateralized loan for cryptocurrency or want to lend out their cryptocurrency to earn interest as a passive income stream. No need for credit checks, loan officers, KYC, middlemen, or waiting periods. Smart contracts will automatically enforce all terms and conditions.
Given that the P2P lending market is expected to reach $250 billion, Kelexo (KLXO) is undoubtedly close to accomplishing its vision. While Kelexo (KLXO)is priced at $0.050 in its second presale stage, crypto experts have forecasted that the potential of its platform could see the token peak as high as $1.50 in 2024.
While the Binance coin (BNB) is closing in on a new all-time high, the bearish trend around Cosmos (ATOM) and Filecoin (FIL) has led to a migration of investors to Kelexo (KLXO). This new DeFi project presents a compelling investment opportunity as a pioneer in a multi-billion dollar P2P lending market.
Find out more about the Kelexo (KLXO) presale by visiting the website here
