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Despite being a new project, Kelexo (KLXO) continues to defy odds by attracting Chainlink (LINK) and Bitcoin (BTC) holders. Chainlink (LINK) has been one of the most hyped cryptocurrencies in the Q4 2023 altcoin season while Bitcoin (BTC) was driven by the prospects of a spot ETF approval. This shows that Kelexo (KLXO) has what it takes to claim a seat at a table with the big boys.
<h2 id="span-style-font-weight-400-chainlink-link-hits-a-22-month-high-of-18-span">Chainlink (LINK) Hits a 22-Month High of $18</h2>
Chainlink (LINK), an oracle that feeds external data to blockchains, reached a 22-month high of $18 on February 2, sparking prospects of wider gains for the cryptocurrency. The open futures contracts tied to Chainlink (LINK) more than doubled to $490 million in dollar value.
Over the past month, the value of Chainlink (LINK) has increased by 25% as its price ascended from $14.22 on January 4 to $18 on February 2. Chainlink (LINK) still has the potential to go higher and register new highs.
Even with this impressive run, some Chainlink (LINK) are getting attracted to Kelexo (KLXO) as they see an opportunity to make more money.
<h2 id="span-style-font-weight-400-bitcoin-btc-retraces-after-spot-etf-approvals-span">Bitcoin (BTC) Retraces after Spot ETF Approvals</h2>
On January 10, the U.S. Securities and Exchange Commission approved multiple Bitcoin (BTC) spot applications, paving the way for traditional finance to enter the realm of crypto. The highly-anticipated approvals led Bitcoin (BTC) and the wider crypto industry to fall in value.
Bitcoin (BTC), the largest cryptocurrency by market cap, is down 7.95%. This comes after its price decreased from $46,838.26 on January 10 to $43,114.38 on February 2. Analysts are optimistic that Bitcoin (BTC) will hit new highs thanks to the programmed Bitcoin halving scheduled for H1 2024 and possible U.S. rate cuts during the year.
The predicted future Bitcoin (BTC) gains have not deterred investors from moving from the leading cryptocurrency to Kelexo (KLXO) where there is high potential for huge returns.
<h2 id="span-style-font-weight-400-kelexo-klxo-steals-the-show-span">Kelexo (KLXO) Steals the Show</h2>
Kelexo (KLXO) is a new kid on the block yet it has teeth in the game. The Web3 lending platform is believed to be a very promising investment project that investors should check out.
At a glance, Kelexo (KLXO) will be a Web3 marketplace that connects loan lenders and borrowers. Unlike traditional financial institutions that have stringent onboarding requirements, Kelexo (KLXO) has no KYC processes, making it easier for anyone to sign up and use the platform.
According to analysts, this value proposition will go a long way in building a loyal and supportive Kelexo (KLXO) community, a key component of any successful crypto project.
This has made Kelexo (KLXO) a hit with investors, even those holding Chainlink (LINK) and Bitcoin (BTC). Its current low price of $0.022 during the presale and the prospect of becoming a future blue-chip crypto has investors lining up to buy Kelexo (KLXO).
Find out more about the Kelexo (KLXO) presale by visiting the website <a href="https://kelexo.com" rel="noopener noreferrer nofollow">here</a>
The post <a href="https://thecoinrise.com/kelexo-klxo-presale-attracts-chainlink-link-bitcoin-btc-holders-from-its-lending-solutions/" rel="noopener noreferrer nofollow">Kelexo (KLXO) Presale attracts Chainlink (LINK) &amp; Bitcoin (BTC) holders from its lending solutions</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Kelexo (KLXO) Presale attracts Chainlink (LINK) & Bitcoin (BTC) holders from its lending solutions

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TheCoinrise Media

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