PRESS RELEASE
By: News Direct
January 25, 2025
Elluminex Set To Introduce A Revolutionary Protocol To The TON Network, Will It Outshine SHIB And SUI?
Amid the flurry of price movements in the crypto market, Investors are on the lookout for the top crypto coins that could witness bullish moves in the coming weeks. While the crypto market is witnessing a retracement, this article looks into the market analysis of three top crypto projects: Shiba Inu, Sui, and Elluminex.
From the analysis, SHIB could see a price growth of over 199% in the short term. Similarly, stats have revealed the possible growth trajectory of the Sui project. Notably, Elluminex (ELX), a high-growth project and a DeFi hub, will introduce a revolutionary protocol on the TON Network to get it up to speed with other high-flying blockchains in the DeFi ecosystem.
Sui Records Massive Growth In TVL, Crypto Analyst Rand SaysIn the latest report, the Sui token has recorded significant growth in Total Value Locked (TVL) within the past year, signaling a healthy trajectory toward more growth. According to Crypto Rand on X, Sui's TVL is valued at over $1.86 billion with sight on reaching the $2 billion mark soon.
The market stats show that Sui's price reached an all-time high on January 6th, when it surpassed the $5 mark to reach $5.35. While the current price of Sui is about 17% down from its all-time high, the token maintains its bullish sentiment among the crypto community and investors.
Crypto analyst CryptoElites, in the latest Sui price prediction, backs the altcoin to hit the target price of $10, $15, $20, and $40 before the end of the bull season. So far, the Sui crypto price is still above the $4 support zone, suggesting that a resurgence will push it above $5 and possibly the $10 mark in the coming weeks.
Cihan Turkmen Projects A 199% Value Growth For Shiba Inu Token In The Short-termShiba Inu could be on course to record significant price growth if the analysis from Cihan comes to fruition. The analyst Cihan Türkmen posted a comprehensive review of Shiba Inu's price trajectory on X, citing the potential of the meme coin reaching the $0.000065 milestone in a short time. This translates to over 199% value growth.
For context, the last time that Shiba Inu crypto price was valued at around $0.000065 was in October 2021. If the meme coin eventually reaches the projected price value, it will see Shiba Inu's market cap reach over $38 billion, essentially putting it above Cardano and into the top 10 most valuable tokens in CoinMarketCap.
Looking at the technical indicators from Tradingview, Shiba Inu tokens' Moving Averages and Oscillator indicators are flashing sell signals. CoinMarketCap data shows that Shiba Inu's price has dropped by 10% in the past week. However, on-chain data from Shibburn shows that the Shiba Inu token burn rate has surged by over 600% in the past 24 hours, signaling a resurgence is possible in the coming days.
Elluminex (ELX) To Open Up TON Network To The Vast Possibilities Of DeFi SolutionsDespite being one of the fastest-growing blockchains with over 950+ million active users, the TON Network has faced a recurring issue which is lack of DeFi interoperability. As a result, members of the TON Network cannot access liquidity pools from other blockchains for more opportunities.
However, with Elluminex (ELX), this will be a thing of the past, given that the Elluminex project will introduce a DeFi hub that facilitates multiple DeFi solutions such as cross-chain transactions, staking, and more. With Elluminex, members on the TON Network will be the first to discover crypto gems on the TON Network through the over-the-counter (OTC) platform.
Through the AI-powered portfolio tracker, users will be able to monitor and gain insights into the market, ensuring that traders stay updated about market conditions. Users will be able to navigate the DeFi landscape through the Elluminex educational platform. The platform aims to revolutionize the TON network the same way Uniswap revolutionized the Ethereum Network.
With its status as the pioneer of DeFi solutions on the TON Network, Elluminex is on course to dominate the market soon. The ELX token, which is sold for just $0.06, powers the platform. Given the high growth potential, speculators project meteoric growth in the coming weeks. As such, now is the best time to jump into the project.
Which Crypto Project To Buy In January 2025Crypto tokens like Sui and Shiba Inu harbor notable bullish potential. However, Elluminex, with its introduction of DeFi to the TON Network, possesses significant use cases and growth potential, making it one of the best crypto investments of 2025. Adding to the massive utilities, the rapid adoption could see ELX enter the top 100 coins of 2025 within months of launching.
For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex
Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem.
Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana.
By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana.
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Contact DetailsAndy Green
Company WebsiteView source version on newsdirect.com: https://newsdirect.com/news/elluminex-set-to-introduce-a-revolutionary-protocol-to-the-ton-network-will-it-outshine-shib-and-sui-222636628
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