Ethereum

Prospective

Coin

Ethereum (ETH) and Binance Coin (BNB) are the second and fourth-largest cryptocurrencies by market cap which have both made early and long-term investors a lot of coin over the course of their respective existences. But in 2024, it’s not Ethereum (ETH) or Binance Coin that will make exponential gains for latecomers. The money is in the low-caps with high potential to surge in value just like Binance Coin (BNB) and Ethereum (ETH) did when they first came out. One of the leading candidates observers expect to skyrocket in prominence is <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo (KLXO)</a>. Learn why long-term investors are taking out early positions in Kelexo’s (KLXO) <a href="https://presale.kelexo.com/login" rel="noopener noreferrer nofollow">presale</a>.
<h2 id="b-binance-coin-bnb-breaks-resistance-at-310-in-february-b">Binance Coin (BNB) Breaks Resistance at $310 in February</h2>
After trading sideways between $290 and $310 for most of January, February 2024 saw Binance Coin (BNB) finally breaking through strong resistance at $310 last February 8th, when it surged past $318 as at press time. However, prospective Binance Coin (BNB) investors should take note that BNB has a very limited price ceiling—Binance Coin (BNB) might not reach its previous all-time highs at $686 in 2021 in this cycle.&nbsp;
<h2 id="b-centralization-issues-still-hounding-ethereum-eth-in-2024-b">Centralization Issues Still Hounding Ethereum (ETH) in 2024</h2>
Data from Ethereum (ETH) shows that the leading smart contract platform is highly centralized, regardless of the “decentralization theater” act it plays for the audience. 60% of Ethereum (ETH) nodes are operated by Amazon Web Services and 6% are run by Google Cloud. That’s about 66% of Ethereum (ETH) nodes run by centralized cloud services. So much for decentralization.&nbsp; This means Ethereum (ETH) could theoretically fail if Amazon were to experience an outage for any reason. Industry experts, for instance, have voiced concerns that Amazon CEO Jeff Bezos could single-handedly shut down Ethereum (ETH) in one fell swoop by turning off AWS.
<h2 id="b-crypto-whales-taking-out-early-positions-in-kelexo-klxo-b">Crypto Whales Taking Out Early Positions in Kelexo (KLXO)</h2>
DeFi is widely expected to undergo a renaissance ahead of the Bitcoin halving and the next bull run, as evidenced by by the sector’s total value locked (TVL) growing from $55 billion at the start of the year to $62.6 billion as of this writing. Market observers believe <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo (KLXO)</a>, the first Web3 peer-to-peer lending marketplace, is expected to play a major role in the rebirth of decentralized finance in 2024—and the interest in its presale is proof positive of its parabolic potential. Thus far, Kelexo (KLXO) has registered 5000 new users as of stage 1, indicating massive buy-side pressure building up ahead of its listing and launch, which could translate into outsized gains in 2025. Kelexo’s (KLXO) native token was launched at $0.022, a tantalizing entry opportunity into what could be one of the top performers of the year.
Kelexo (KLXO) is transforming peer-to-peer lending by bringing together lenders and borrowers under one platform. Prospective lenders can set up loans within minutes, while borrowers can simply shop around for the best terms. No KYC, no intermediaries, no hassles whatsoever—and democratic access to credit 24 hours a day,&nbsp; 7 days a week and 365 days a year.
No other lending platform makes it easy as Kelexo (KLXO) does. Don’t miss out on investing early in a game-changer like Kelexo (KLXO) and join the <a href="https://presale.kelexo.com/login" rel="noopener noreferrer nofollow">presale</a> today.
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/long-term-investors-moving-ethereum-eth-binance-coin-bnb-to-kelexo-klxo-presale-which-is-set-to-soar/" rel="noopener noreferrer nofollow">Long-term investors moving Ethereum (ETH) &amp; Binance Coin (BNB) to Kelexo (KLXO) Presale which is set to soar</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Long-term investors moving Ethereum (ETH) & Binance Coin (BNB) to Kelexo (KLXO) Presale which is set to soar

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