Polygon (MATIC) is at a crossroads, trading at a -28% year-on-year loss. Chainlink (LINK) is also down in the past week, consistent with the constant dumps each time the token tries to break past $16. On the whole, Chainlink (LINK) and Polygon (MATIC) have wildly underperformed to expectations, leading holders to explore more profit-making crypto ventures. One presale has emerged as a popular choice for investors looking to make substantial gains in this upcoming bull market:Â Kelexo (KLXO). Learn why LINK and MATIC holders are joining in droves for the Kelexo presale.
Polygon (MATIC) Continues Its Slide Into the Abyss
Last January 9th, Polygon (MATIC) was trading at $0.83. Two short weeks later, Polygon (MATIC) prices dropped to oblivion, as the token changed hands at $0.72 in the past 24-hour trading session. Polygon (MATIC) is on a bearish downtrend to $0.56 by the end of January. However, Polygon (MATIC) holders are hopeful that the network’s transition into Polygon 2.0, which will see the project’s ticker change to POL, will drive buy-side interest in the coming months. Polygon (MATIC) is losing ground to other Layer-2 scalability solutions, as it is to newer DeFi solutions like Kelexo (KLXO).
Chainlink (LINK) Down 11% in the Past Week
Chainlink (LINK) prices were trading at $13.74 as of this writing, continuing its sideways trend over the past three months. The decentralized oracle provider has been consolidating between $13 to $16 in the past 3 months, with no indication of directional bias. However, Chainlink (LINK) has been showing fierce resistance at $16, dumping back to the consolidation levels soon after. Chainlink (LINK) investors have been diversifying a portion of their holdings to low-risk yet high-potential projects like Kelexo (KLXO).
Kelexo (KLXO) Presale Reaches Milestone 72 Hours After Launch
Kelexo (KLXO) is among the most hotly-anticipated presale cryptos expected to make a splash in 2024. Just 72 hours after stage 1 of its presale, the decentralized P2P finance platform has already drummed up a lot of hype. Over 4,000 registrants have since joined, capitalizing on the discounted launch price of $0.022. Market analysts believe Kelexo could be on the verge of a big year and trade up to the $1 to $2 range by the end of the year. Its decentralized lending platform looks to play a major role in what many believe could be an epic comeback for DeFi.
Kelexo is expected to play a major role in onboarding new audiences from unbanked and underserved individuals, which bodes well for the growth of its lending platform in the coming years. Chainlink (LINK) and Polygon (MATIC) holders are banking on what they believe could be a major player in the rapidly-evolving DeFi ecosystem. Ultimately, the Kelexo (KLXO) presale offers prospective investors an attractive entry point for a potentially lucrative investment even before the token lists for public sale.
Find out more about the Kelexo (KLXO) presale by visiting the website here
