Bitcoin (BTC) halving, one of the highly-anticipated events in the crypto space, is programmed to take place in April. The halving event is traditionally followed by a massive bull run. As a result, investors want to pick cryptocurrencies that will likely perform very well. Kelexo (KLXO) is dominating this conversation while Solana (SOL) and Monero (XMR) are obviously in the picture.
Should investors pick Kelexo (KLXO) over Monero (XMR) and Solana (SOL) ahead of the 2024 Bitcoin halving?
Binance (BNB) Delists Monero (XMR)
In an unexpected move, major cryptocurrency exchange Binance (BNB)announced on February 6 that it was removing the privacy coin Monero (XMR ) from its platform starting February 20.
While Binance (BNB) did not disclose the true reasons for delisting Monero (XMR), it has ignited speculation and concerns surrounding evolving regulations for cryptocurrency exchanges.
Monero (XMR) can maintain transaction privacy. This is speculated to be a factor behind Binance's (BNB) decision to delist Monero (XMR).
When the announcement was made, Monero (XMR) saw its price drop from $165 to a low of $101. Despite this, Monera (XMR) has recovered well as its price currently sits at $150. Despite the impressive recovery, analysts are picking Kelexo (KLXO) over Monero (XMR).
Solana (SOL) Is Up More Than 1,000% From its 2023 Lows
Solana (SOL) is one of the most interesting cryptocurrencies in the young industry. The crypto industry surged on hype and speculation in the epic 2020 - 21 bull run but experienced a crash in late 2022 to early 2023. Solana (SOL) exemplifies this cycle as it peaked at $260 per token and later dipped below $10 after FTX's spectacular collapse.
Despite the turbulence, Solana (SOL) remains a cost-effective and high-throughput blockchain. Unfortunately, Solana (SOL) is still yet to find a way to avoid outages once in a while.
In the past year, Solana (SOL) has seen its price surge by 535%. This is due to Solana's (SOL) increase from $21 on April 4 to $130 on March 4. However, investors believe that Solana (SOL) has already booked most of its gains.
Kelexo (KLXO) Poised to Dominate Big Guns in 2024
It's common for new projects to outshine established tokens and Kelexo (KLXO) is projected to follow in the footsteps of Solana (SOL) which achieved a similar feat in the last bull run.
Kelexo (KLXO) is a P2P lending platform that seamlessly integrates AI and blockchain technology. The platform does not require KYC from its users. This is important as it will help Kelexo (KLXO) offer its service to a wider audience.
Due to the increasing number of users, the platform will generate more revenue. This is good news for presale investors who are entitled to a share of the platform's revenue.
This is one of the reasons why so many savvy investors are buying Kelexo (KLXO) tokens at a discounted price of $0.028 apiece. Analysts believe that Kelexo (KLXO) is the best crypto token to buy in 2024 due to the potential for 40x gains.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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