Three Altcoins Positioned to Outperform Bitcoin (BTC) in the Coming Weeks

While the leading crypto Bitcoin (BTC), surpassed the $100K psychological barrier, its market dominance has fallen, retreating from its November high of $61.53%

As the crypto market continues to rally, several altcoins are poised to outshine the leading cryptocurrency, Bitcoin (BTC). While BTC has crossed the significant $100K threshold, its market dominance has declined from its November high of 61.53%. This shift in dynamics indicates a promising period for altcoins.

With institutional interest, favorable market trends, and an unprecedented influx of retail traders, some altcoins are positioned to reach new all-time highs and potentially outpace BTC in the coming weeks. Among these promising altcoins are SUI, TON, and ELX.

Solution To DeFi’s Growth On TON Blockchain As SUI and TON cryptos continue to navigate volatile markets, Elluminex (ELX) is quietly planning a DeFi revolution on the TON blockchain. The project will leverage Toncoin’s innovative blockchain architecture to build a comprehensive DeFi platform that offers solutions to some of the inherent DEX challenges, such as high gas fees, complex interfaces, limited accessibility, and fragmented liquidity.

Ellumenix will launch its native token, ELX, on the TON blockchain, aiming to revolutionize the decentralized finance (DeFi) landscape. The project will capitalize on Toncoin's strengths, including its lightning-fast transaction speeds, incredibly low fees, user-friendliness, and thriving community, to create a next-generation cross-chain decentralized exchange (DEX).

Ellumenix will feature an intuitive interface, diverse trading options, and advanced charting tools to cater to both novice and experienced traders. Its cross-chain capabilities will enable users to trade a wide range of crypto assets seamlessly across multiple blockchains.

Thanks to its upcoming cross-chain bridge, whether crypto enthusiasts are trading, staking, or exploring other DeFi products, Elluminex aims to provide an unmatched level of liquidity, ensuring low slippage. Moreover, its security protocol will safeguard funds and offer users peace of mind. It will not require KYC verification, reducing barriers to entry for novice and seasoned traders.

To empower traders, Elluminex has an academy with an exclusive AI-powered portfolio tracker that enhances optimal asset management, ensuring that users make quick and informed decisions. Its standout pre-market feature allows users to gain early access to new TON project tokens through its over-the-counter platform before officially being listed on exchanges. These features and a robust token burn mechanism could catalyze ELX’s exponential growth.

SUI Price Prediction: Can It Reach $10? The price of SUI has increased rapidly since the beginning of the year. After a correction that existed between March and August, SUI began another upward movement and has consistently made new all-time highs since October. More recently, SUI reached a high of $4.98 on December 16. The weekly time frame indicates that the SUI coin has surged by 520% since the start of the year.

The rally in November triggered SUI to break out from its previous all-time high and validated it as support. Its second portion of the upward trajectory follows a parabolic ascending support trendline, which, while unstainable in the long term, could lead to considerable gains in the short term. Notably, SUI bounced from the trendline the previous week and created a long lower wick.

This means the trendline at $4.10 and the bullish momentum will remain intact as long as this trendline remains in place. Sui’s technical indicators suggest it is in overbought territory but has yet to form any bearish divergence. SUI price is nearing the top of wave three in a wave five increase. The breakout from a long-term ascending parallel channel confirms that this rally is impulsive. Wave three is 1.61 times the length of wave one, so it could be nearing its end. If there is another extension, the next most likely target will be $6.66.

TON Price Consolidates: Could A Rally Push TON Higher? Toncoin has entered a consolidation phase, with its price trending in a tight range between $5.5 and $6.2. As the broader market stabilizes, Toncoin crypto could break to the upside, setting the stage for a fresh rally. This consolidation is typically a pause in its price action and is a pivotal moment that will determine TON’s next significant move.

After a strong rally that saw Toncoin crypto price multiply by over 14 times since the beginning of the year, TON has entered a consolidation phase. As the broader market stabilizes, Toncoin crypto could break to the upside, setting the stage for a fresh rally. This consolidation is typically a pause in its price action and is a pivotal moment that will determine TON’s next significant move.

TON’s technical indicators highlight bullish momentum, suggesting an increasing buying interest. This upward pressure within the range is often an indicator of a breakout as TON holders continue to accumulate their positions in anticipation of a rise above resistance levels. If this momentum continues, Toncoin’s price will be on track to the