Ethereum

Aave

Compound

DeFi

Prospective

The prospects of striking it big in crypto is what gives the industry its allure. And in 2024, Ethereum (ETH) and Ripple (XRP) investors are among the early adopters taking out early positions in exciting new DeFi protocol <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo</a> (KLXO), which industry observers believe could become a major player in the resurgence of decentralized finance (DeFi) in 2024. Here’s why.&nbsp;
<h2 id="b-ethereum-eth-price-analysis-b">Ethereum (ETH) Price Analysis</h2>
Ethereum (ETH) peaked at $2,870 in the past 24 hours of trading as of February 16th, breaking out of bearish price run. Ethereum (ETH) retraced shortly thereafter, with token prices dipping below $2,850, until correcting all the way to $2,790 where it last traded as of this writing. Nevertheless, Ethereum (ETH) bulls are all over the dips, buoying Ethereum (ETH) support levels at $2,700. Market analysts believe that Ethereum’s (ETH) strong performance can be attributed to its upcoming Dencun upgrade and the speculation surrounding the approval of the first spot Ethereum (ETH) ETFs in May.
<h2 id="b-ethereum-eth-price-prediction-b">Ethereum (ETH) Price Prediction</h2>
Looking upward, the next important short term resistance level for Ethereum (ETH) is just within striking distance at $2,880, with stronger resistance levels waiting at $2,940. Should Ethereum (ETH) manage to surpass and sustain its price action around these resistance levels, the runway is clear for the token to break on through to the other side of $3,000. Doing so could trigger an Ethereum (ETH) run to $3,250 in the coming weeks. Good news for Ethereum (ETH) holders? You bet.
<h2 id="b-kelexo-klxo-a-good-bet-for-30x-gains-in-2024-b">Kelexo (KLXO) A Good Bet for 30x Gains in 2024</h2>
Kelexo (KLXO), a newly launched decentralized peer-to-peer lending marketplace, is fast rising in the world of crypto. As evidenced by its well received <a href="https://presale.kelexo.com/login" rel="noopener noreferrer nofollow">presale</a> launch, early investors are keen on Kelexo (KLXO)’s potential to revolutionize the DeFi lending sector with its unique value proposition. See, prior to the launch of Kelexo (KLXO), decentralized P2P lending protocols have been around, such as Aave (AAVE) and Compound (COMP). However, no other P2P lending protocol makes the entire process as simple and as foolproof as Kelexo (KLXO) does. Through its marketplace format, Kelexo (KLXO) makes lending and borrowing crypto as intuitive as shopping at your favorite online marketplace.&nbsp;
Best of all, Kelexo (KLXO) token holders will be entitled to a generous revenue share that will generate passive income based on the number of <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo</a> (KLXO) tokens they hold. That is what makes Kelexo (KLXO) such a tantalizing investment prospect in 2024. Industry observers predict Kelexo (KLXO) could trade at around the $0.60 to $1 range in 2025, representing a potential 30x to 50x gain for early investors. Those gains are nothing to sneeze at. Prospective investors need to act fast, considering stage 1 is on pace to sell out within a few weeks’ time.&nbsp;
Kelexo (KLXO) offers a unique opportunity to get in on a low cap gem with the potential to skyrocket in price in the next coming years. Don’t miss out on a chance to capitalize on the upcoming DeFi boom with a sure winner.
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/anonymous-looping-120m-ethereum-eth-traders-buy-kelexo-klxo-presale-as-30x-being-now-seen-as-very-possible/" rel="noopener noreferrer nofollow">Anonymous looping $120m Ethereum (ETH) traders buy Kelexo (KLXO) presale as 30x being now seen as very possible</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Anonymous looping $120m Ethereum (ETH) traders buy Kelexo (KLXO) presale as 30x being now seen as very possible

Table of Contents

TheCoinrise Media

Other articles published on Feb 19, 2024

Twitch fans buy into DeeStream (DST) as expert explains why Cardano (ADA) & Avalanche (AVAX) inve...

Just-In: Ethereum (ETH) Price Surges After This Vitalik Buterin’s AI Comment

$XAI Mainnet’s Growth and Pyth Price Feed Boost Web3 Gaming

Bitcoin Open Interest Reaches $69,000 ATH Levels, What This Means For Price

BTC and Cryptocurrencies are Banned from the Neighborhood of El Salvador, the Land of Bitcoin!

ECB execs respond to banks’ objections to digital euro, suggest priorities

Join our free newsletter for daily crypto updates!