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Algorand and Tezos investors pivot to Kelexo amid promising presale

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Algorand and Tezos investors pivot to Kelexo amid promising presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Amid significant advancements for Algorand and Tezos, Kelexo captivates investors with its peer-to-peer lending platform, promising substantial returns.

Algorand (ALGO) and Tezos (XTZ) have seen exciting developments this year. Algorand is already set for price recovery while Tezos 2.0 has hit full stride. In this article, we discuss these exciting developments and their possible implications.

We also discovered Kelexo (KLXO), a unique lending platform. We explore how it is standing out in the blockchain space and why investors are rushing into its presale.

Algorand Foundation joins UK Parliament’s Blockchain Advisory Board

Algorand decentralized, blockchain-based network supports many applications. It launched in 2019 and was already handling 1M transactions per day in 2020. Presently, it has handled 32m transactions in the past week alone. Its major goal was to speed up transactions and improve efficiency in response to the issues of slow blockchains like Bitcoin. It is now the 54th most valuable cryptocurrency by market capitalization, worth $2B.

When Algorand mainnet went live in 2019 at $0.24 per token, it immediately soared by over 1000% and peaked at $3.28. Its price crashed after that feat and it hasn’t recovered since then. Some analysts think Algorand might fully recover this year. In other news, the Algorand  Foundation is more committed to the advancement of blockchain technology and has joined the UK Parliament’s Blockchain Advisory Board.

Kelexo presale has drawn Algorand investors who believe in its market results.

Tezos Foundation to focus on core support for Tezos 2.0 in 2024

Since its onset, Tezos has focused on code security, on-chain governance, and decentralization. It was an attempt to solve some of the problems of Bitcoin. These include cost and centralization issues, limited expressiveness of its programming language, and security concerns. It implements the liquid proof-of-stake (PoS) consensus mechanism. Tezos market capitalization is currently over $1b.

After prolonged deliberations, Tezos 2.0 launched last year in December 2023. This update improves scalability and composability and implements support for mainstream programming languages like Python, JavaScript and TypeScript. The Tezos Foundation’s outlook for 2024 was primarily support for core development around Tezos 2.0. This and many more will be discussed in the upcoming TezDev conference, scheduled for July 11.

Tezos investors have also been diversifying into Kelexo, convinced it will be one of the lead performers this year.

Kelexo entices investors with huge returns and lucrative add-ons

Kelexo has emerged as a leader in the decentralized finance space with its peer-to-peer (P2P) lending protocol. Unlike traditional lending platforms, it facilitates direct connections between loan lenders and borrowers eliminating the need for middlemen to process transactions. Kelexo offers a seamless user experience allowing prospective users to join by simply signing up with basic information like name, email address, and wallet details.

Investors excited by Kelexo should participate in the ongoing presale. It is currently in stage 2 and priced at $0.055 per token. With only 60% of the tokens available, investors who enter now are at a solid advantage and will maximize returns. Presale investors earn passive income from a pool of platform fees, commensurate with their holdings.

To learn more about Kelexo, visit the website.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.