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Investors who monitor the cryptocurrency market are always looking for opportunities to invest in promising projects with growth potential. In recent days, holders of Avalanche (AVAX) and ethereum Classic (ETC) have been exploring Kelexo (KLX) forks presalewhich has attracted more than 5,000 investors.
Avalanche Price Analysis
Avalanche is trading at $36.19, up 4.01% in the last 24 hours.
Prices have risen over the past week as momentum builds.
Still, AVAX is down 8% from the previous month.
Overall, traders are optimistic and expect more gains in the coming days.
ethereum Classic consolidates
ethereum Classic prices surged 55% from $19 to $31 following the approval of bitcoin spot ETFs.
While investors initially welcomed this rise, hoping for further gains, the bullish momentum fizzled out. ETC is now consolidating laterally.
Prices have ranged between $22 and $28 since mid-January.
The potential of Kelexo
Getting a loan from traditional banks can be difficult due to high fees and strict compliance requirements, which affect people with poor credit histories or specific financial circumstances.
Kelexo aims to simplify identification and compliance procedures, making financial markets more accessible for both borrowers and lenders.
The platform plans to tap into the growing peer-to-peer (P2P) lending market, which is expected to reach $190.22 billion by 2024.
Kelexo is currently in stage one of its pre-sale. KLXO, the native token, is trading at $0.022.
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