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Solana (SOL) and Tether (USDT) holders are joining the Kelexo (KLXO) presale in droves after industry observers predicted that the newly-launched peer-to-peer lending marketplace could generate a return of 20x from its launch prices of just $0.028. Should you get in on the action? Read on to find out why the smart money is taking out early positions in <a href="http://kelexo.com">Kelexo</a> (KLXO). 
<h2 id="b-solana-sol-holders-brace-themselves-for-further-corrections-b">Solana (SOL) Holders Brace Themselves for Further Corrections</h2> 
Solana (SOL) holders could be in for a rude awakening based on the token’s recent price action. As of February 24th, Solana (SOL) is trading around the support levels of $99. At press time, Solana (SOL) prices hovered around $98.57. This could open the door to January lows of $79, last seen on January 23rd. However should Solana (SOL) break past $103 or above its 50% Fib level, a potential bullish run could be in the works. 
<h2 id="b-will-tether-usdt-hightail-it-out-of-tron-trx-b">Will Tether (USDT) Hightail it Out of TRON (TRX)?</h2> 
The future of Tether (USDT) is up in the air as it deals with a potentially volatile cocktail of safety concerns, regulatory scrutiny and over half of its supply residing on the TRON (TRX) blockchain. With USDC (USDC) issuer Circle ending support for its stablecoin on TRON (TRX) due to the potential risk, Hong Kong-based Tether (USDT) non committal response has gotten holders sweating bullets. With a substantial market cap of almost $98 billion, Tether (USDT) is the leading stablecoin by market cap. Over 50% of its total supply or roughly 52 billion Tether (USDT) tokens circulates on TRON (TRX). Will Tether (USDT) follow USDC out the door? Watch this space. 
<h2 id="b-kelexo-klxo-presale-builds-up-to-a-crescendo-with-20x-in-sight-b">Kelexo (KLXO) Presale Builds Up to a Crescendo with 20x in Sight</h2> 
Decentralized finance (DeFi) is about to make a massive comeback in 2024 and 2025 and the smart money is flowing into presales and low-caps in the sector whose charts haven’t peaked yet. Especially those that haven’t begun to scratch the surface of their potential. 
And in the DeFi world, one new crypto in its <a href="https://presale.kelexo.com/login">presale</a> phase has been building up to a rumbling crescendo as its presale takes off. Kelexo (KLXO), the first decentralized peer-to-peer lending marketplace of its kind, is generating massive buzz as its presale receives capital inflows from the crypto world, including Solana (SOL) and Tether (USDT) holders. 
What sets Kelexo (KLXO) apart from existing decentralized P2P lending solutions is its marketplace format that brings borrowers and lenders under one easy-to-use platform that EVERYONE can understand. Obtaining credit is as easy as shopping for the best deal, while anybody with crypto can easily list loans in a few clicks. 
The integrity of the platform will be maintained by fully-audited smart contracts and a lifetime liquidity lock. Moreover, team token allocations will be locked for 500 days. Kelexo (KLXO) has ticked all the right boxes of a presale project that could moon in the next 12 months, don’t miss out on a golden ticket. 
Find out more about the Kelexo (KLXO) presale by visiting the website <a href="https://kelexo.com">here</a> 
The post <a href="https://thecoinrise.com/tides-turn-for-kelexo-klxo-as-snowballing-presale-looks-to-20x-with-solana-sol-tether-usdt-holder-scrambling-to-buy-in/">Tides turn for Kelexo (KLXO) as snowballing presale looks to 20x with Solana (SOL) &amp; Tether (USDT) holder scrambling to buy in</a> appeared first on <a href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Tides turn for Kelexo (KLXO) as snowballing presale looks to 20x with Solana (SOL) & Tether (USDT) holder scrambling to buy in

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TheCoinrise Media

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