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Crypto guru That Martini Guy created a buzz with his bold prediction that the price of Polkadot (DOT) could see a huge pump soon. While DOT has a good chance of soaring, there is increasing interest among Shiba Inu (SHIB) investors in a new DeFi coin, Elluminex (ELX). Although traders CW remains optimistic for SHIB, ELX is gaining mass appeal as it could bring DeFi to the TON Network.
With over 1B recorded transactions for TON right now, Elluminex is setting itself up to become the number one TON DeFi platform. Thus, many traders foresee a potential 4x surge for this DeFi crypto, which is now in phase one of its presale.
Polkadot (DOT) is one of the altcoins that has recently seen some turbulence on the price charts. CoinMarketCap shows its value has fallen over 5% in the past 30 days. During that time, the price of Polkadot moved from around $7 to nearly $6.50.
However, crypto guru That Martini Guy remains bullish for Polkadot (DOT). In a recent X post, he said that the accumulation phase for this crypto coin is ending. He also mentioned that a huge pump could soon come for the Polkadot crypto.
Although this Polkadot price prediction has turned some heads, many crypto players are putting it on the back burner. This is because the Polkadot market cap sits at $10B, which means it needs a lot of new money for its price to surge. Therefore, they are looking at crypto coins like Elluminex(ELX) instead.
Although a member of the meme coin titans, Shiba Inu (SHIB) is currently showing some volatility. On the one-month chart, the Shiba Inu price sank from around $0.000021 to below $0.000020. In other words, over a 5% drop in just a few short weeks, as per CoinMarketCap.
Nevertheless, market traders like CW have excited traders with their bullish Shiba Inu (SHIB) statements. According to his X post, this meme coin will see a rally once it breaks through its falling wedge pattern. CW pointed to the $0.00004 level as a Shiba Inu price prediction.
It is worth noting that many traders are still cautious about the Shiba Inu coin. Its highest upswings may have passed as it has surged over 120% in the past 12 months. Because of this, investors are focusing on ELX more.
As Polkadot (DOT) and Shiba Inu (SHIB) try to gain bullish momentum again, Elluminex (ELX) is gaining traction. Essentially, Elluminex is the first-of-its-kind DeFi hub on the TON blockchain and stands out. This allows Elluminex to leverage Telegram's users, who number close to 1B people, possibly resulting in exceptional profits this year.
Elluminex removes most of the notable problems in the DeFi market, such as liquidity fragmentation. This DeFi project will solve this problem by implementing a cross-chain bridge for fast asset transfer across major blockchains. In other words, it consolidates liquidity. Also, Elluminex will offer a DEX and an AI-powered portfolio tracker that will bring real-time data to traders. With all these features, users can find all they look for in one place.
At the heart of this platform will be the ELX native utility token. To incentivize purchases, the Elluminex team will give all holders governance voting rights and staking rewards, including advanced trading tools and more. Therefore, over 4M ELX tokens have been sold in phase one of its presale alone. This DeFi crypto currently costs just $0.06 but will rise to $0.08 after phase two begins - a 33% return for anyone who buys ELX now.
While Polkadot (DOT) and Shiba Inu (SHIB) could see a rebound soon, all eyes are on Elluminex (ELX) right now. This DeFi project may revolutionize the TON Blockchain the same way Jupiter did Solana. Plus, its smaller market cap means faster price growth with less money needed. Due to all these factors and a Tier-1 CEX listing ELX soon, many professionals foresee a potential 4x jump in its value this year.
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
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