A few days into April, several crypto tokens have recorded price instability, mostly due to the ongoing price correction, market sentiment and whale movement. These whale investors are particularly diverting from low-performing protocols to ones with huge profit potential.Â
These whale investors have sparked interest in Kelexo (KLXO), leading to massive profit potential in the presale stage 2.Â
Kelexo (KLXO) features spark interest from whale investorsÂ
The foremost Kelexo (KLXO) feature sparking interest among investors is the simplified p2p lending. Solana (SOL) and Toncoin (TON) holders, amongst other traders, are testifying to Kelexo (KLXO) P2P lending devoid of fraudulent issues and promoting stability.Â
On Kelexo (KLXO), every user has a genuine identity, making it difficult to create a fake account and scam other users. It also has a transparent and highly secured security feature that makes it difficult to access users’ wallets. No matter how much you borrow from a lender or how much a lender gives to a borrower, there is an impressive transparency feature, making it easy to trace the transactions.Â
The stable lending system is another feature drawing the attention of whale investors. Instead of having middlemen and brokers who would create artificial bottlenecks and trade instability, Kelexo (KLXO) has eliminated the middlemen and their bottlenecks. The p2p lending feature is now simple: pairing a lender with a borrower without intermediaries and unnecessary requirements.Â
For presale investors who invest in Kelexo (KLXO), you do not need to provide an identity card or meet stringent conditions to take a loan and finalize all agreements as a holder.Â
Toncoin (TON) Launch Open League for Community Rewards
On April 1st, the Toncoin (TON) Foundation launched the Open League to reward community users with about 30 million Toncoin (TON).
The Open League initiative aims to distribute 30 million Toncoin (TON), valued at over $115 million, to users after competing projects and achieving milestones in the Toncoin (TON) Ecosystem. The Open League initiative will distribute the Toncoin (TON) rewards through four systems targeting different levels of familiarity with crypto. They are the League, simple token mining mechanisms, airdrops and quests and liquidity pool boosts.
With the announcement, Open League will allocate about $22 million for Toncoin (TON) airdrops and on-chain quests, while an additional $40 million in Toncoin (TON) will be dedicated to enhancing liquidity pool rewards for tokens participating. This announcement has increased participation on the Toncoin (TON) network.Â
Solana (SOL) Struggles to Meet Memecoin Demands
In the past few days, Solana (SOL) has struggled to keep up with the growing demand for meme coins. This has led to about 75% of transactions on the network failing.
The demand for the memecoin mania on Solana (SOL) has recently increased, which could have led to the need to expand the chain capacity. However, Solana (SOL) still maintains the same capacity and three-quarters of all transactions are failing.Â
In defense, Solana (SOL) enthusiasts said 75% of the failed transactions were simply “bot spam,” while some analytics data showed that a large part of the failed transactions could be “non-vote” Solana (SOL) transactions. In response to this failure and inability to meet demand, Solana (SOL) holders are diverting to Kelexo (KLXO).
To follow in the footsteps of whale investors, visit the Kelexo (KLXO) website here
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
