Ripple (XRP) and Polygon (MATIC) are among the world’s most established cryptocurrencies—but their recent price action over the past 12 months leaves a lot to be desired. That’s why plenty of Ripple (XRP) and Polygon (MATIC) holders are looking for greener pastures as they look to hedge their losses ahead of the next bull run. That’s where the Kelexo (KLXO) presale comes in. The decentralized P2P lending platform has seen major capital inflows from Ripple (XRP) and Polygon (MATIC) holders as it winds down stage 1 of its presale amid massive hype—here’s why.
Ripple (XRP) Among Worst-Performing Top 10 Cryptos of 2024
Ripple’s XRP token has encountered significant price volatility despite celebrating a major victory against the US SEC last July. Since reaching multi-year highs in the aftermath of the partial win, Ripple (XRP) has been trapped in a bearish triangle as it struggles to stay above the $0.50 level. Ripple (XRP) has since faced rejection after rejection at key resistance levels. Ripple (XRP) has lost 12.3% of its value since January, making it among the worst-performing top 10 cryptos thus far in 2024. Can Ripple (XRP) reverse its slide as it trades at $0.5065? The future doesn’t look too enticing.
Polygon (MATIC) Holders Looking Elsewhere for Gains?
Ethereum Layer-2 scalability solution Polygon and its native token Polygon (MATIC) has done much better than Ripple (XRP) has in the past month. Polygon (MATIC) prices have been stuck trading at around $0.76 and $0.79, with current prices set at $0.785 as of this writing. Polygon (MATIC) is down 8.54% since January. Polygon (MATIC) prices are down by a whopping 36.6% since last year, leaving the Polygon community concerned about Polygon’s (MATIC) future prospects in 2024.
Polygon (MATIC) and Ripple (XRP) Holders Hedging Portfolios with Kelexo (KLXO)
Kelexo’s (KLXO) well-received presale has seen major inflows from holders of underperforming big-cap coins like Ripple (XRP) and Polygon (MATIC). With over 5,000 investors and counting as stage 1 of its presale comes to an end, the heat is on among investors seeking to get a piece of Kelexo (KLXO) before its token price increases during stage 2.
But what’s behind all the hype? Well, Kelexo (KLXO) is parlaying its first-mover status as the first and only peer-to-peer lending marketplace into what could be major gains for its native token, with the early interest foreshadowing what could be parabolic growth. Kelexo’s (KLXO) decentralized approach streamlines the P2P lending process, removing intermediaries and bureaucratic processes out of the equation. The process for both lenders and borrowers is swift, requiring no KYC, credit checks, documentation, or paperwork and can be completed in under 5 minutes. Lenders simply list the loans they wish to provision and set the terms and amounts accordingly, while borrowers simply have to browse for the loans that best suit their needs.
Kelexo (KLXO) tokens are available at a tantalizing price of only $0.022, giving early investors the best possible position to benefit from the upcoming bull run. Market analysts believe a 50x gain is possible, with Kelexo (KLXO) projected to trade around $1 in 2025. However, prospective investors need to act fast, with the massive demand close to selling out the first stage.
Find out more about the Kelexo (KLXO) presale by visiting the website here
