With over 5,000 sign-ups in just one week, Kelexo (KLXO) is the news highlight of the crypto market. Kelexo (KLXO) is a peer-to-peer platform that has removed intermediaries like brokers from crypto lending processes. As of writing, social media buzz calls the Kelexo (KLXO) token the blue chip token of 2024. This is because Kelexo (KLXO) is trading for just $0.022 in presale and its protocol benefits outweigh its current price.

With a 35x possible return on investment, rumor has it that whale investors in Polygon (MATIC) and Solana (SOL) are loving the presale wins of Kelexo (KLXO). Analysts have also joined in, echoing why every crypto enthusiast should buy into Kelexo (KLXO).

Polygon (MATIC) lays off staff

It is no more news that Polygon (MATIC) has let go of about 19% of its staff force. Claiming the downscaling is not more than just a functionality measure, Polygon (MATIC) has promised to keep its protocol very efficient. With this news, Polygon (MATIC) grew its market price by 0.20% in 24 hours. With an impressive $300+ Million in total market value, Polygon (MATIC) is ranked #14 by market capitalization. With this change, analysts have suggested that Polygon (MATIC) might be looking at a breakout this February.

Solana (SOL) holds sentimental values.

With over a 4% loss in market value, Solana (SOL) is now trading at $96.74 per token. The Solana (SOL) token is ranked #5 by market capitalization with a total market value of $42.2 Billion. After losing 1.41% in daily trading volume, Solana (SOL) has dropped by two ranks. One feature that has kept people holding the Solana (SOL) token for this long is that the platform uses a combination of both Proof-of-Stake (PoS) and Proof-of-History (PoH)  to keep its users’ transactions secure. However, analysts have said the functionality value of Solana (SOL) must translate to token value to retain its investors.

How does Kelexo (KLXO) work?

With Kelexo (KLXO), anyone interested in lending or borrowing crypto must sign up on the platform. Since there is no Know Your Customer (KYC) process, all users will not upload documents or ID cards on the platform. With this process out, signing up on Kelexo (KLXO) will take less than 5 minutes.

After sign-up, lenders list all available tokens and the conditions attached to them. For instance, Kelexo (KLXO) mandates that all lenders put up their terms and conditions, including payback time, interest attached and other necessary payback information. With this done, borrowers can easily decide who they want to borrow from.

One key feature of Kelexo (KLXO) is its instant payouts. Built on the blockchain for Web3, Kelexo (KLXO) will perform transactions faster than other protocols. Transactions have been guaranteed to be fast, seamless and secure. Kelexo (KLXO) is the next best thing in the crypto community.

Find out more about the Kelexo (KLXO) presale by visiting the website here