Exciting developments are happening in the cryptocurrency market as the effects of the Bitcoin halving events start to show. We explore the news and updates in the Bitcoin (BTC) and Litecoin (LTC) communities in this article.
But what interests us more is Kelexo (KLXO) and why analysts believe its features assure investors of 20X returns. We investigate its exciting benefits and the ongoing presale.
Market players prepare for huge returns post-Bitcoin halving
In 2008, a whitepaper containing the specifics of a new kind of money was released. This peer-to-peer (P2P), decentralized, and completely digital money was called Bitcoin. It was launched in 2009 and has revolutionized the finance industry through its blockchain technology. This industry is now worth over $2T, with Bitcoin’s share of over 50%.
At the onset, BTC supply was capped at 21M with new tokens created by a process known as “mining”. The mining rewards are set to half every four years. This event, colloquially termed Bitcoin halving, has historically caused huge gains in the crypto market, with Bitcoin and other Litecoin reaching all-time highs. In the early hours of April 20, another halving occurred, with the Bitcoin mining reward reduced from 6.25 BTC to 3.125 BTC. Most market players are already positioning themselves for huge returns.
Litecoin achieves 12.5 years of uninterrupted uptime
Litecoin was created based on the Bitcoin protocol. However, they differ on many factors, including the hashing algorithm used, block transaction times and hard cap. Litecoin (LTC) founder Charlie Lee intended the project to be a “lite” version of Bitcoin (BTC), hence the name. It boasts extremely low transaction fees and fast speeds. Litecoin is still the 2nd most popular pure cryptocurrency, worth $6.48B. This places it in the top 20 cryptocurrencies by market capitalization.
Advertisement
One of the features that sets LTC apart is its uptime. It recently announced 12.5 years of uninterrupted uptime, which shows the strength of its network and underlying technology. Since it is based on Bitcoin (BTC), Litecoin (LTC) halves its mining reward every four years. The last halving occurred last year, reducing the reward from 12.5 Litecoin to 6.25 LTC. The next halving is set to occur sometime in 2027.
Kelexo (KLXO) is attracting Bitcoin and Litecoin investors
Bitcoin (BTC) and Litecoin (LTC) have been attracted to Kelexo’s (KLXO) presale, enticed by the 20X returns it offers. What new thing is Kelexo offering to the market to justify this ROI?
Kelexo is attracting investors because of its unique approach to lending. It is doing this through its novel peer-to-peer (P2P) lending protocol. This approach is the first of its kind in the blockchain space and it’s no wonder it is attracting Bitcoin (BTC) and Litecoin (LTC) investors.
Kelexo’s (KLXO) presale is already in its second stage and priced at only $0.055. Investors who want to maximize returns should buy it now as it would be much higher at listing. As if the significant returns promised by Kelexo are not enough, it still promises investors wonderful benefits. Some of them include revenue sharing, premium access, and influential voting rights.
Find out more about Kelexo (KLXO) presale by visiting this website.
Advertisement
Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
