Ethereum

Immutable

DeFi

Immutable (IMX) is continuing its hot run in 2023 with a massive 84% run in the past 30 days, riding the wave of Ethereum (ETH) hitting $2,800 this week. However, investors looking for the elusive 50x gain will be found in presale opportunities that haven’t mooned yet. That’s where low-cap, high-potential gems like <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo</a> (KLXO) come in.&nbsp;
Experts predict that Kelexo (KLXO) will be central to onboarding new audiences to DeFi with its innovative lending marketplace platform. That makes its native token Kelexo (KLXO) a strong candidate to turn in exponential gains this year. Immutable (IMX) and Ethereum (ETH) holders are taking out early positions in Kelexo (KLXO) with their gains this year, here’s why.
<h2 id="b-interest-in-ethereum-eth-looping-intrigues-defi-users-b">Interest in Ethereum (ETH) Looping Intrigues DeFi Users</h2>
Interest in decentralized finance (DeFi) is building up as Ethereum (ETH) whales try out a new DeFi strategy called looping. The concept is as follows: a trader deposits Ethereum (ETH) into a lending mechanism and borrows stablecoin DAI (DAI) against their deposit. Then, they exchange the DAI (DAI) they obtain for Ethereum (ETH). After the swap, the trader will then deposit the freshly-acquired Ethereum (ETH) back into the same lending protocol to borrow more funds, establishing a leveraged long on their first Ethereum (ETH) deposit. Doing so could have traders multiply their capital by up to 3x to 5x with the looping technique for as long as Ethereum (ETH) prices continue growing. This is, however, a risky strategy reserved for whales. A sharp drop in Ethereum (ETH) prices could lead to total liquidation.
<h2 id="b-immutable-imx-monthly-gains-break-past-84-b">Immutable (IMX) Monthly Gains Break Past 84%</h2>
After a strong surge in the past week, Immutable’s (IMX) 30-day returns have reached a whopping 84%. The market capitalization of Immutable (IMX) has surpassed $4.6 billion (up 12%) and its current price is $3.44, as reported by CoinMarketCap.&nbsp; Immutable (IMX) was up 11% in the past 24 hours of trading as of February 18th and its daily trading volume surged by 77.31% or $121 million within the same time frame. Immutable (IMX) is already on pace to outperform earlier predictions that it could hit $3.50 in Q1 2024, with the price target within imminent reach.&nbsp;
<h2 id="b-kelexo-klxo-seeing-major-inflows-from-immutable-imx-and-ethereum-eth-holders-b">Kelexo (KLXO) Seeing Major Inflows from Immutable (IMX) and Ethereum (ETH) Holders</h2>
Presales offer the best returns on investment for the lowest possible buy-in. Ask anybody who got into the Ethereum (ETH) or Immutable (IMX) <a href="https://presale.kelexo.com/login" rel="noopener noreferrer nofollow">presale</a> rounds and they will attest to that.
Well, in 2024, YOU will have a chance to buy into a DeFi blue chip that is expected to dominate the sector in the coming years. Kelexo (KLXO), a DeFi peer-to-peer lending protocol, is set to elevate the multibillion-dollar P2P lending industry and bring crypto lending to the masses with its lending marketplace. Gone are the days of tedious KYC processes, rent-seeking behavior from lending service providers, or the steep learning curves of existing solutions.&nbsp;
With Kelexo (KLXO), P2P lending is as easy and intuitive as shopping on your favorite e-commerce platform. Kelexo (KLXO) presale participants will also be entitled to earn a share in the platform’s fees, giving them a passive income stream that grows the more Kelexo (KLXO) tokens they hold.
The Kelexo (KLXO) presale is an ideal entry opportunity to invest in a DeFi protocol on the verge of a massive year. With token prices at just $0.028, early adopters could be in line for 20x to 50x gains by the end of the year.
Find out more about the Kelexo (KLXO) presale by visiting the website <a href="https://kelexo.com" rel="noopener noreferrer nofollow">here</a>
The post <a href="https://thecoinrise.com/immutable-imx-profits-shift-into-kelexo-klxo-presale-as-more-ethereum-eth-investors-buy-in-early/" rel="noopener noreferrer nofollow">Immutable (IMX) profits shift into Kelexo (KLXO) presale as more Ethereum (ETH) investors buy in early</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Immutable (IMX) profits shift into Kelexo (KLXO) presale as more Ethereum (ETH) investors buy in early

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