Analysts: Kelexo may flip Avalanche and Polygon in 2024
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Analysts predict Kelexo (KLXO) will surpass established coins like Avalanche (AVAX) and Polygon (MATIC) by the end of 2024. The reasons for this are its decentralized lending approach, user-friendly platform, and transparent governance model.
Avalanche in trouble
Avalanche is known for its high throughput and scalability.
However, it has also been criticized for its occasional network congestion and centralized validator structure.
AVAX prices are down from their all-time high of $144.96, reflecting these concerns.
Polygon investors exploring alternatives
Polygon is a scaling solution for Ethereum that aims to improve its scalability and usability.
MATIC is used for governance, staking, and gas fees.
Polygon operates a validator network with a limited number of participants, which has raised concerns about decentralization.
While Polygon continues to develop, investors seek more impactful news or updates to drive confidence and price appreciation.
MATIC is currently trading at around $0.76, down from its all-time high of $2.92 recorded in December 2021.
Kelexo is on a mission
Kelexo is gradually garnering attention.
Analysts predict it could outperform established coins like Avalanche and Polygon by the end of 2024.
Kelexo developers are innovative, and the project could disrupt traditional financial markets.
The platform relies on a public ledger to offer transparency and security. Moreover, it has been audited and is secure. Measures such as lifetime liquidity lock also assure investors.
In the presale in progress, KLXO is available for $0.022.
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