Amid market volatility, Kelexo (KLXO) P2P lending platform presale gains momentum with significant whale support.
Amid market volatility, Kelexo (KLXO) P2P lending platform presale gains momentum with significant whale support appeared first on Coinpedia Fintech News
From Bitcoin (BTC) to Ethereum (ETH) to Solana (SOL), what stands out with significant market capitalization and consistent surges is whale support. This category of investors moves in groups and has huge investment portfolios amounting to millions of dollars, so investing in tokens will skyrocket.
It's exciting to see these whales flocking to Kelexo (KLXO) through the pre-sale, providing significant support that could trigger a price surge. Their support is coming at a time when the cryptocurrency market is in turmoil and some tokens are already in decline. Therefore, investors are advised to follow in the footsteps of these whales and invest in Kelexo (KLXO) for just $0.05 during pre-sale phase 2.
Crypto Whales Direct Market Movements
Whale activity is one of the most important market forces that significantly influences prices and market movements. Whale activity increased exponentially during the March rally, when Bitcoin (BTC) reached an all-time high above $70,000 and Ethereum (ETH) surged past $4,000.
Crypto address tracker Whale Alert revealed that crypto whales moved around $350 million worth of tokens during that period. These whales spent a significant portion of $350 million on Bitcoin (BTC) and Ethereum (ETH). For example, over the course of three transactions, three whales were found to have transferred 2,756 Bitcoin (BTC) worth $132,922,200 from an unknown wallet to cryptocurrency.
The second whale moved 9,959 ETH worth $24,708,281, and the third whale moved 25,658 ETH worth $64,177,123 from an unknown wallet to another cryptocurrency exchange. At the time of this move, Bitcoin (BTC) was $49,777 and Ethereum (ETH) was $2,559. In response, Bitcoin (BTC) and Ethereum (ETH) surpassed $60,000 and $4,000, respectively.
Watching the whale movement impact Bitcoin (BTC) and Ethereum (ETH), imagine the impact it will have on Kelexo (KLXO) now that support is growing.
What attracts whales to Kelexo (KLXO)?
There are numerous features, functions, and earning potential that are attracting whales to Kelexo (KLXO). At the top of the list is p2p lending, where borrowers and lenders meet on a decentralized platform to finalize a loan agreement and receive as much of the loan as possible with easy and flexible repayment plans.
One of the first Web3 platforms with a fully decentralized lending platform, cryptocurrency whales can lend out a portion of their massive holdings while receiving rewards and profits. Unlike traditional lending platforms where lenders provide loans and wait for a certain percentage of the loan, Kelexo (KLXO) promises a continuous surge in investments. When you lend to a borrower, you receive passive rewards, which can provide several benefits.
All token holders can activate their debit card to spend and transact directly from their Kelexo (KLXO) wallet. Instead of maintaining a separate wallet for financial transactions, you can use your debit card at any time.
Kelexo (KLXO) allows token holders to participate in important decision-making processes, vote on new changes and upgrades, and submit new proposals for network development. Crypto whales do not enjoy these decision-making privileges despite holding multiple tokens, and they are fascinated by Kelexo (KLXO) granting them such power.
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