Bitcoin (BTC) Profits Redirected: Kelexo (KLXO) Sees Surge as Tether (USDT) Exodus Continues, Influencing Market Dynamics

Bitcoin (BTC) Profits Redirected: Kelexo (KLXO) Sees Surge as Tether (USDT) Exodus Continues, Influencing Market Dynamics
Published on

Cryptocurrency prices look like they are about to enter a new bull phase after Bitcoin (BTC) briefly hit $68,000 in the trading session of March 5, its highest level since its 2021 all-time highs. This has shone a spotlight towards low-cap gems that have a high likelihood of surging in price ahead of the next Bitcoin (BTC) halving, as Tether (USDT) stablecoin holders look to deploy their capital for maximum gains.

Newly-launched presale crypto sensation Kelexo (KLXO) is drawing plenty of capital inflows from Bitcoin (BTC) and Tether (USDT) holders to its presale learn why market analysts are tipping Kelexo (KLXO) for major growth in 2024 and beyond.

Bitcoin (BTC) Halving Generates Bullish Market Vibes

As the Bitcoin (BTC) block halving approaches, the overall sentiment of the cryptocurrency community is bullish with everyone expecting prices to go higher into the monumental event. In essence, the Bitcoin (BTC) block halving will reduce the incoming Bitcoin (BTC) supply mined from each block by half, significantly lowering the amount of new Bitcoin (BTC) that floods the market. This could translate into parabolic price action as US-based spot Bitcoin (BTC) ETFs scramble to buy up supply to service their customers.

Tether (USDT) Grows to a $100 Billion Market Cap

Tether (USDT) passed $100 billion in circulation in recent days, adding to concerns about potential risks to financial markets should a black swan event or a major regulatory concern cause the stablecoin to fail for any reason. Tether (USDT)  which is designed to hold a peg to fiat USD backed by a dollar's worth of reserves for Tether (USDT) token that's printed  is key to moving money around quickly in the cryptocurrency world and serves as the primary on-ramp and off-ramp for the majority of crypto users.

Kelexo (KLXO) Tipped for Parabolic Price Action in 2024

Kelexo (KLXO) is positioned to seize a significant portion of the anticipated trillion-dollar valuation of the peer-to-peer lending industry from 2024 to 2030 as the premier decentralized peer-to-peer lending marketplace within the crypto realm. This Web3 lending and borrowing platform is projected to attract a new wave of DeFi users in 2024 with its intuitive interface that unites borrowers and lenders in a single marketplace.

Kelexo (KLXO) is revolutionizing credit access by eliminating traditional barriers, such as credit checks and regulatory processes. The platform allows borrowers to obtain loans that are fully collateralized by crypto, while lenders earn passive income in the form of interest by issuing loans that are backed by their holdings and secured by smart contracts. As a result, Kelexo's (KLXO) decentralized application (DApp) cuts out intermediaries and manual processes, substantially reducing risk and allowing for credit on demand.

Kelexo (KLXO) is currently running its presale at a discounted rate of $0.028, which is a remarkable opportunity for potential investors looking to capitalize early on a micro-cap with serious moon potential. Analysts are bullish about Kelexo (KLXO) foreseeable future, with its token being projected to increase by up to 100x when the next bull run comes around in 2025. With the lock-up of team token allocation for 500 days, the lifetime liquidity lock and a generous revenue-sharing model for token holders, Kelexo (KLXO) is on a trajectory that could take it to the top of the DeFi lending sector in the near future.

Find out more about the Kelexo (KLXO) presale by visiting the website here

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net