Ripple (XRP) has been on an extended bearish run ever since July 2023. Meanwhile, Toncoin (TON) was one of the big gainers among altcoins last Q4 2023. However, market analysts believe both tokens will be outshined by newer, more innovative projects with greater potential to break out in 2024. One of those projects is Kelexo (KLXO), whose presale has drawn over 5,000 registrants—a good number of which include Ripple (XRP) and Toncoin (TON) holders. Here’s why.
Ripple (XRP) Fails to Pump Despite Partial SEC Victory
Ripple (XRP) Labs, has failed to capitalize on its partial 2023 victory against the United States Securities and Exchange Commission (SEC). The victory ended up being a “buy the rumor, sell the news” type of deal after Ripple (XRP) prices surged to 2023 highs of $0.82, until massive sell-offs sent the token into a tailspin. Ripple (XRP) has been trapped trading around the $0.50 range in 2024, facing constant rejections at important resistance levels.
Why is Nobody Talking About Toncoin (TON)?
Toncoin (TON) fashions itself as the Telegram app’s native token. Its native token, TON, was one of the better altcoin performers in Q4 2023 and it has found favor among a dedicated part of 800 million Telegram app users as of this writing. Interestingly, Toncoin(TON) is the 16th-largest cryptocurrency by market capitalization as of this writing, with a market capitalization of $7,145,631,819, but with a 24-hour trading volume of just $14,366,246. The extremely low volume of TON vis-a-vis its massive market cap has gotten Toncoin (TON) critics believing it could be a VC-funded pump and dump waiting to happen.
Kelexo (KLXO) Presale Excites 5000+ Prospective Investors
Kelexo (KLXO) has become one of the hottest presales of 2024, as evidenced by its launch drawing 5000+ investors since January. Market analysts believe the demand could foreshadow big gains for its native KLXO token in the next couple of years. Kelexo (KLXO) is parlaying its first-mover advantage as the first decentralized peer-to-peer lending marketplace.
Kelexo (KLXO) revolutionizes the future of P2P lending by removing the bureaucratic red tape that hampers traditional lending platforms. Kelexo (KLXO) doesn’t require any KYC, credit checks, loan officers, or long waits. All it takes is for lenders to list their loans with their desired terms, amount and payment schedule and for borrowers to browse for a loan offer that suits their exact needs. It’s as simple as that.
Thus far, Kelexo (KLXO) has received major inflows from a bevy of investors, including Ripple (XRP) and Toncoin (TON) holders and for good reason: Kelexo (KLXO) could soundly outperform TON and Ripple (XRP) in 2024. With KLXO token prices set at $0.022 during stage 1 of its presale, there’s no better time to buy into Kelexo’s (KLXO) promising future than right now. While nothing is ever a sure thing in crypto, Kelexo (KLXO) offers the perfect entry opportunity to a project market analysts believe has a chance to go on a 50x run when the next bull run comes in 2025.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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Source: https://coinedition.com/what-is-getting-ripple-xrp-toncoin-ton-investors-so-excited-about-the-lending-platform-kelexo-klxo-presale/