The crypto market swings bullish and most cryptocurrencies have begun showing prospects. While the likes of Jupiter (JUP) and Aave (AAVE) have seen some sort of modest breakthrough, Kelexo (KLXO) has shot the moon and it’s aiming for the stars in just its presale phase. How well are projects like Jupiter (JUP) and Aave (AAVE) faring compared to Kelexo (KLXO)? Read on to learn more.
Kelexo (KLXO): On the Way to Revolutionize Decentralized Finance
Kelexo (KLXO) will take the crypto world by storm as it will be the world’s first decentralized lending and borrowing platform with minimal influence from third parties. It’s an autonomous platform with its native token, Kelexo (KLXO). The platform has many benefits, but the most special thing is its reward system, which offers users various income streams.
The presale has been successful since its launch and over 12.4 million Kelexo (KLXO) tokens have been sold in just days after the presale launch – thanks to a very low token price of just $0.022. Kelexo (KLXO) has registered over 5,100 users in the first stage of its presale. At this rate, investors believe Kelexo (KLXO)’s returns will be massive and don’t want to miss out.
Jupiter (JUP)’s Breakthrough: Can $JUP Sustain Its Rise
Jupiter (JUP)’s launch was the rave of January. Jupiter (JUP) is a Solana-based DEX aggregator that aims to democratize the blockchain with accessibility and safety for all users. However, the breakthrough of many new crypto projects has been short-lived and this seems to be the case with Jupiter (JUP).
Jupiter (JUP) caused quite a wave after its launch, with the token price shooting from $0.41 to $2.04 within 24 hours of launch. However, the token didn’t maintain this peak for long, as it took a nosedive after a short while. $JUP is trading at $0.531, a 74.06% drop from its peak price.
Aave (AAVE)’s Potential Arrival on Solana: Will it be Enough to Sustain Investors’ Interest
Aave (AAVE) V3 will soon be launched and 83% of the Aave (AAVE) community agreed that it should be available on the Solana blockchain. This implies that Aave (AAVE)’s DeFi lending and borrowing experience will be available on the Solana smart contract platform.
The goal is to increase the benefits available to Aave (AAVE)’s users and strengthen its position as a leading lending protocol. This is expected to boost Aave (AAVE)’s total market valuation. However, Aave (AAVE)’s recent price action has been disturbing. Presently, $AAVE trades at $84.41, about a 2% price drop in 24 hours.
Conclusion
While projects like Jupiter (JUP) and Aave (AAVE) have difficulty finding their feet in the cryptosphere, Kelexo (KLXO) continues to strengthen its position as the next big thing in the market. Investors are already convinced of the possibilities that Kelexo (KLXO) will unlock, evidenced by its stellar presale performance.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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