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Cronos (CRO) & Arbitrum (ARB) Enthusiasts Divert Investments to Kelexo (KLXO) Growing P2P Lending Presale Following Whale Activity

April 14, 2024 By Crypto Reporter PR

Crypto traders, holders and enthusiasts are familiar with peer-to-peer (P2P) trading and exchange. Although it has been a popular arrangement for traders, P2P has generated several controversies over the years.

Fortunately, Kelexo (KLXO) P2P lending eliminates these controversies, increasing whale activity in its presale.

Kelexo (KLXO) Growing P2P Lending Attracts Whale Activity

Crypto whales are seasoned investors with huge investment portfolios and whatever could attract their attention is worth identifying. In this instance, it is Kelexo (KLXO) P2P lending function.

On Kelexo (KLXO), lenders and borrowers can meet on a decentralized platform by signing up using simple steps. Interestingly, you do not need to provide any vital details or KYC requirements to set up your account.

Aside from this simple account setup, one notable feature of Kelexo (KLXO) is the P2P lending function, which has solved all controversies associated with conventional lending and trading platforms. Users have decried the fraudulent activities, including fake accounts, phishing scams and the pump/dump issues related to P2P trading. These issues have led to the loss of millions of investments, increasing investors’ fear about P2P arrangements.

On Kelexo (KLXO), users can trace their previous transaction history and every lender or borrower they have dealt with, eliminating fraud and controversies. These features have led to massive whale movement to Kelexo (KLXO), which in turn has attracted borrowers who can now access huge funds to increase their trading and profits.

Cronos (CRO) Launches Titan Upgrade

On March 26th amidst the crypto rally, the Titan upgrade went live on Cronos (CRO)’ main net, signifying a transformative enhancement poised to elevate the Cronos (CRO) blockchain performance and functionality.

The Titan upgrade seeks to tackle several issues, including a significant boost in transaction processing speed, seamless operation during periods of heightened network activity and a responsive and efficient blockchain experience for Cronos (CRO) users.

Since the deployment of the Titan upgrade, other features that Cronos (CRO) users will enjoy include interchain accounts and account abstraction on the horizon, unlocking a new realm of possibilities, fostering greater interoperability and expanding the scope of decentralized applications (DApps) on the Cronos (CRO) platform.

Despite this enhanced scalability feature, Cronos (CRO) enthusiasts are doubling down on Kelexo (KLXO), following in the footsteps of whale investors.

Arbitrum (ARB) Whales Pull Out After Unlocking Event

Arbitrum (ARB) had an increased whale sell-off since March 16th when it unlocked 1.1 billion Arbitrum (ARB) tokens in its unlocking event. The Arbitrum (ARB) tokens were shared among team members, advisors and investors in this Ethereum Layer 2 (L2) scaling solution.

In the first week that followed the unlocking event, about eleven whales sent $58 million worth of Arbitrum (ARB) to different trading platforms in exchange for fiat or swap to other tokens. Shortly after, two other whales sent about $12.72 million worth of Arbitrum (ARB) to the Binance exchange.

Analysts say these whales are among the investors who received Arbitrum (ARB) shares during the unlocking event. We can confirm that most of these whales are diverting to Kelexo (KLXO) in its presale.

To access Kelexo (KLXO) P2P lending feature, visit the website here.

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: Press Releases

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