Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Sui (SUI) and XRP holders are in the red in early February. Kelexo (KLXO), a web3 lending protocol, is now being explored by XRP and SUI traders.
Sui and XRP prices stabilize in February
SUI, the native currency of Sui, a blockchain platform created by former executives of Meta’s Diem blockchain and Move programming language, is stable in early February.
The coin is up 0.3% for the month, with experts predicting prices to remain in range in the coming days.
Like SUI, XRP is also up $0.9 for the month, and generally under pressure.
For this reason, XRP and SUI are exploring alternatives, including KLXO, in their quest for gains.
Kelexo’s growth potential
Kelexo is a lending platform that connects lenders with borrowers without intermediaries.
It is a peer-to-peer (P2P) platform that does not require any KYC process.
Users can easily list their loans, while loan seekers can easily find them.
Kelexo offers lower transaction fees, making it a cost-effective option for users.
The platform is gaining popularity among value-seeking investors, especially in the ongoing presale.
In stage 1, KLXO is trading for $0.048.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.