Analysts say the bull market is consolidating as major tokens are witnessing price correction and stabilizing at their full potential. From Bitcoin (BTC) breaching all-time highs, meme coins finding their pace again, and decentralized finance (DeFi) projects announcing eye-popping yields.
All these have characterized the bull market in the past; as we are witnessing it, the 2024 bull run has begun. However, the 2024 bull run has more to offer investors as new coins with practical use cases and features like Kelexo (KLXO) are introduced. This 2024 bull run therefore presents huge profitable potential to investors willing to explore.
Kelexo (KLXO) Rides on the Bull Market in Its Presale
For a long time, web3 enthusiasts have been demanding a decentralized platform where lenders and borrowers can freely interact and transact. They say one of the blessings of the 2024 bull run is Kelexo (KLXO) in stage 2 of its presale, as this web3 platform provides every function they have been demanding.
From the simple registration process, with no KYC request, to eliminating intermediaries and bogus charges, Kelexo (KLXO) has revolutionized the lending system.
Kelexo (KLXO) has made it so decentralized that there is no barrier between the lender and borrower as the lender will go through a 2-minute process to list their loan, state the amount of funds they are willing to lend out, the accrued interest, and the LTV value they require.
For Kelexo (KLXO) holders, there are no minimum amounts or term lengths as the borrower and lender will deliberate every condition.
Binance Coin (BNB) Holders Rally Towards $600
2024 is bringing fresh air to Binance (BNB), which has survived a turbulent year. You would recall that in 2023, Binance (BNB) was engrossed in a lawsuit with the Security and Exchange Commission (SEC), the abrupt departure of Changpeng Zhao, and the payment of fines to the tune of $4 Billion.
Amidst all these imbroglio, Binance Coin (BNB) started 2024 positively. Three months into the year, Binance Coin (BNB) has rallied above the $550 resistance level an inch away from $600.
Analysts say several reasons could be behind the upward trajectory of Binance Coin (BNB). However, the most visible is the ongoing bull market, which has grown investor confidence, leading to increased movement across the market. It is, therefore, a matter of days before Binance Coin (BNB), currently at $593, will reach the $600 threshold and maintain the bullish run.
Bitcoin (BTC) Hits All-Time High (ATH)
Since November 2021, when Bitcoin (BTC) hit an all-time high, reaching $69,000, investors have waited so long to record that feat again. In March 2024, Bitcoin (BTC), riding on the bull market, consolidated above $70,000 to record a new all-time high value.
With this significant price surge, many Bitcoin (BTC) holders are pulling out their vast profits and diverting to new coins with more potential. This decision has led to increased investment in Kelexo (KLXO) at its presale. While many say that institutional Bitcoin (BTC) holders have nowhere to go, the case has changed in 2024.
Find out more about the Kelexo (KLXO) presale by visiting the website here
