SUI and XRP Holders Look to Kelexo for Alternatives
SUI and XRP holders are experiencing losses in early February. To counter this, they are exploring the potential of Kelexo (KLXO), a web3 lending protocol.
Sui and XRP Prices Remain Stable
The native currency of Sui, SUI, is currently stable with a 0.3% increase for the month. Experts expect prices to stay within a certain range in the coming days. Similarly, XRP has seen a $0.9 increase for the month but is generally under pressure.
Due to these circumstances, both SUI and XRP traders are looking for alternatives to improve their gains, with KLXO being one of the options.
The Potential of Kelexo
Kelexo is a lending platform that connects lenders and borrowers directly without intermediaries. It operates as a peer-to-peer (P2P) platform that eliminates the need for KYC processes. Users can easily list their loans, while loan seekers can find them effortlessly.
Kelexo stands out for its lower transaction fees, making it a cost-effective choice for users. The platform is gaining popularity among investors seeking value, especially during its ongoing presale where KLXO is currently trading at $0.048 in stage 1.
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