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Polygon (MATIC) has finally gone on a long-awaited run to retest $1 as of February 18th. The uptick in price was, like most altcoins, spurred on by Bitcoin (BTC) hitting $52,000 in the past week. Needless to say, Bitcoin (BTC) and Polygon (MATIC) holders who booked some profits are reallocating their capital to projects with higher growth potential. One of those projects is <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo</a> (KLXO), a DeFi protocol set to take over the $160 billion P2P lending industry. Kelexo (KLXO) presale has received major capital inflows from Bitcoin (BTC) and MATIC holders and stage 1 of its presale is nearing a sellout. Here’s why.
<h2 id="b-bitcoin-btc-ready-for-the-next-leg-up-at-53-000-b">Bitcoin (BTC) Ready for the Next Leg Up at $53,000</h2>
Bitcoin (BTC) prices soared to $52,000 last week, setting a 26-month high. The uptick in Bitcoin (BTC) prices was caused by major inflows into spot ETFs. Bitcoin (BTC) rose 7.9% in the last seven days, momentarily topping $52,000 on February 15. The two-year high came as the overall crypto market approached a capitalization of $2 trillion.
<h2 id="b-polygon-matic-cleared-for-1-b">Polygon (MATIC) Cleared for $1?</h2>
Industry observers believe that Polygon (MATIC) is about to finally break out of a 3-year consolidation phase. Charts show that the price has hit resistance three times in the past and is now approaching a fourth retest. As of February 18th, Polygon (MATIC) was trading at $0.97, turning in a 15% price increase in the past week and a 30% overall monthly increase since January. Breaking past resistance at $1 could send Polygon (MATIC) through the roof—elsewise, profit booking might cause a downturn in prices yet again.
<h2 id="b-kelexo-klxo-presale-drawing-major-crypto-inflows-b">Kelexo (KLXO) Presale Drawing Major Crypto Inflows</h2>
Presale opportunities for crypto projects with serious moon potential come few and far between. Oftentimes, by the time word gets around, VCs, whales and institutions have already priced themselves in at the earliest possible opportunity.
Well, now’s YOUR chance to get in on the early action with a presale that is virtually programmed to skyrocket to high heavens in 2024. Kelexo (KLXO), a DeFi peer-to-peer lending protocol, takes crypto lending to a whole new level with its revolutionary marketplace format.
Whereas DeFi lending platforms like Aave (AAVE) were all the rage last cycle, with many of them surging to all-time highs, their time in the sun is over. Industry observers believe that many of the DeFi protocols that mooned during the last cycle will fall out of fashion, with investors favoring new-generation protocols like Kelexo (KLXO).
Kelexo (KLXO) is set for a promising year in 2024 thanks to its user-friendly platform for borrowers and lenders to access and provide loans. Kelexo (KLXO) token holders can enjoy passive income which is, as they say, pure gravy for early Kelexo (KLXO) adopters.
It’s no surprise that industry observers are bullish about Kelexo (KLXO) and its explosive growth potential in 2024 and beyond. This presale presents a rare opportunity for potential investors to participate in a project with significant growth potential at an ideal, affordable entry point of $0.028.
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/polygon-matic-future-uncertain-amid-mass-exodus-into-kelexo-klxo-as-bitcoin-btc-continues-to-surpass-52k/" rel="noopener noreferrer nofollow">Polygon (MATIC) future uncertain amid mass exodus into Kelexo (KLXO) as Bitcoin (BTC) continues to surpass $52K</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Polygon (MATIC) future uncertain amid mass exodus into Kelexo (KLXO) as Bitcoin (BTC) continues to surpass $52K

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