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Investors who keep an eye on the cryptocurrency market always look for opportunities to invest in promising projects with growth potential. In recent days, Avalanche (AVAX) and Ethereum Classic (ETC) holders have been exploring Kelexo (KLXO) and its presale, which has attracted over 5,000 investors.
Avalanche price analysis
Avalanche is changing hands at $36.19, up 4.01% in the last 24 hours.
Prices have been rising in the last week as momentum builds up.
Even so, AVAX is down by 8% in the previous month.
Overall, traders are bullish, expecting more gains in the days ahead.
Ethereum Classic consolidating
Ethereum Classic prices rose by 55%, from $19 to $31, after the approval of spot Bitcoin ETFs.
While investors initially welcomed this surge, hoping for more gains, the upside momentum fizzled. ETC is now consolidating sideways.
Prices have been ranging between $22 and $28 from mid-January.
Kelexo’s potential
Securing a loan from traditional banks can be difficult due to high fees and strict compliance requirements, affecting people with poor credit histories or specific financial circumstances.
Kelexo aims to simplify identification and compliance procedures, making financial markets more accessible to both borrowers and lenders.
The platform plans to take advantage of the growing peer-to-peer (P2P) lending market, which is expected to reach $190.22 billion in 2024.
Kelexo is currently in stage one of its presale. KLXO, the native token, is trading at $0.022.
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