Innovation is the name of the game for blockchain projects, with multiple networks testing approaches to more accessible transactions. Litecoin (LTC) and Ethereum Classic (ETC) were created as an answer to unpredictable fees for Bitcoin and sometimes Ethereum. Now, both assets are rallying buyers to add Kelexo (KLXO) to their list of innovative networks.
Litecoin (LTC) Hovers Above $100 on Talks of ETF in 2024
Litecoin (LTC) is waiting for its time in the sun. Every bull market, Litecoin (LTC) manages to perform a rally of its own. This time, Litecoin (LTC) prices doubled in a few weeks, reaching a peak above $110. The hopes for a stronger rally are supporting the price against the overall market correction in April.
Buyers have reappeared on the Litecoin (LTC) market, pointing out the relative scarcity of the coin. The supply is capped at 84M, exactly four times the supply of Bitcoin already more than 74K coins have been mined and distributed.
Long-term investors are also showing signs of long-term holding. An estimated 13% of the Litecoin (LTC) supply has not been moved in the past five years. Older wallets, long-term holding and waiting for a true breakout are adding to the scarcity of coins. Mining has also increased by a factor of 1,000 in the past five years, making the Litecoin (LTC) network safer from attacks.
Ethereum Classic (ETC) Sends Out Signs of Bigger Rally
Loyal Ethereum Classic (ETC) investors are waiting for another breakout as the price is close to the higher range for the past 12 months. A climb to $39 or above may signal a bigger rally, repeating previous market cycles. So far, Ethereum Classic (ETC) set its record around $130, but there are hopes it can move closer to the market price of Ethereum.
In addition to being a liquid alternative to Ethereum, Ethereum Classic (ETC) is a growing ecosystem with tokens, decentralized finance, NFT and even memecoins. The platform ran through a series of improvement protocols and resolved problems with double-spending attacks.
An estimated 2.4 million addresses hold some amount of Ethereum Classic (ETC). The community contains early crypto adopters and the platform targets developers to boost activity and side projects. Ethereum Classic (ETC) investors are looking for both value and future prospects.
Kelexo (KLXO) Expands with Second Stage Token Sale at $0.05
Kelexo (KLXO) is an up and coming value project, which is entering the second stage of its token sale. Unlike coin ecosystems, which slowly add utility, Kelexo (KLXO) is ready with its main vision, a peer-to-peer lending marketplace.
Kelexo (KLXO) aims to draw in crypto investors awaiting more returns from the current bull market. In addition to its discounted tiers in presale, Kelexo (KLXO) will offer lifetime passive income for the tokens, based on lending commissions and fees.
As a Web3 project, Kelexo (KLXO) targets crypto veterans that are keen on permissionless activity with no KYC requirements. Only based on wallet identities, all ecosystem participants can lend or receive liquidity by direct negotiation of terms.
To ensure growth, Kelexo (KLXO) aims to target a wide circle of individuals, by not requiring verification. Direct participation means crypto holders will be able to put their coins to work in a secure, transparent network of lending. The discounted stage 2 of the Kelexo (KLXO) sale is offering tokens at $0.05 through the project webpage.
