Crypto markets up as Ethereum (ETH) chases $3k, Bitcoin (BTC) chases $90k but front runner Kelexo (KLXO) presale 20x continues

The crypto bull market is back in full swing, with Bitcoin (BTC) once again chasing $90,000 and Ethereum (ETH) rebounding toward $3,000. However this latest rally is about more than just speculative price action. It represents the growing mainstream embrace and acceptance of Web3 – the decentralized future of the internet built on blockchain technology. A key driver in this Web3 transition is the rise of decentralized finance (DeFi) applications revolutionizing lending, borrowing, investing and banking.

While the price increase of these tokens is beneficial, Kelexo (KLXO) stands at the forefront of these innovations. Investors know that investing in Kelexo (KLXO) is the key to financial freedom and that is why the presale is currently the hottest news in the crypto market.

 Bitcoin (BTC) Chases $90K But Still Lacks Web3 Integration

Kelexo (KLXO) is not the first cryptocurrency, Bitcoin (BTC) is. As the original and largest cryptocurrency, Bitcoin (BTC) maintains a pivotal role as a store of value and medium of exchange. Its scarcity and decentralization underpin its strength. Despite its issues the whole web3 ecosystem would still be several years back if not for this grand innovation. However, Bitcoin’s (BTC) technical limitations prevent deeper integration into Web3 ecosystems.

Due to a lack of smart contract functionality and programmability, Bitcoin (BTC) will likely play a lesser role in shaping the DeFi economy compared to more advanced Layer 1 blockchain networks. This is not good news for investors as the bull market is starting afresh. This is why many investors are looking for platforms that are here to overtake the market.

Ethereum (ETH) Eyes $3K Amid Growing DeFi and Web3 Adoption

In contrast, Ethereum (ETH) has emerged as the preeminent blockchain driving Web3 growth. Its smart contract capabilities and improving scalability via upgrades like sharding make Ethereum (ETH) an attractive foundation for building decentralized applications (dApps). Many of the leading DeFi lending protocols like Aave (AAVE) and Compound (COMP) operate on the Ethereum (ETH) network, fueling Ethereum (ETH) bullish price momentum as adoption accelerates across the space.

Still, Ethereum (ETH) faces issues of high gas fees, difficulty in onboarding and scalability issues. These mean that transaction processing is still a bit slow, especially when compared with other L1 blockchains.

Kelexo (KLXO): The Future-Proof DeFi Lending Protocol Primed for 20X Gains

While Ethereum (ETH) powers much of today’s DeFi ecosystem, emerging protocols like Kelexo (KLXO) represent the next evolution. Kelexo (KLXO) has developed a sleek, user-friendly borrowing and lending marketplace accessible to anyone around the globe. There are no bureaucratic KYC checks or identification requirements to use Kelexo’s (KLXO) instantaneous lending services.

While other old cryptocurrencies have achieved massive valuations powering today’s DeFi economy, the coming market cycle could very well see a changing of the guard. Kelexo (KLXO) is on top of visionary projects that are building the blockchain infrastructure. Those investing early in game-changing DeFi protocols like Kelexo (KLXO) are well-positioned to reap outsized rewards.

The presale is currently in its second stage, at a price of just $0.028. Analysts have pegged Kelexo (KLXO) for a massive 20x price increase in the coming months as the project gathers steam. Even as Bitcoin (BTC) and Ethereum (ETH) rally, those gains pale in comparison to the asymmetric upside offered by promising Web3 platforms like Kelexo (KLXO).

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

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Source: https://coinedition.com/crypto-markets-up-as-ethereum-eth-chases-3k-bitcoin-btc-chases-90k-but-front-runner-kelexo-klxo-presale-20x-continues/