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Cryptocurrency News Articles
Elluminex (ELX) Presale Raises $300k as ChatGPT Predicts It Will Outpace Dogecoin (DOGE) and Pepe (PEPE) in 2025
Jan 23, 2025 at 06:01 pm
The meme coin mania seems to be waning as traders' attention is shifting toward newer utility-driven projects with untapped potential. According to fundamental analysis from ChatGPT, Elluminex (ELX) emerges as a game-changer with its unique premise that brings the first-ever, full-fledged DeFi platform to the TON blockchain.
Meme coin mania appears to be waning as traders shift their attention to newer utility-driven projects with untapped potential, according to fundamental analysis from ChatGPT.
Elluminex (ELX) emerges as a game-changer with its unique premise that brings the first-ever, full-fledged DeFi platform to the TON blockchain. Discover why ChatGPT thinks that this newcomer could outpace Dogecoin (DOGE) and Pepe (PEPE) in the upcoming months and become one of the biggest success stories of 2025.
Elluminex Reshapes The Toncoin Ecosystem
Elluminex (ELX) aims to establish itself as a leading DeFi protocol, challenging established DEX giants like Uniswap and PancakeSwap. The project seeks to fill a critical gap in the Toncoin platform — the lack of a unifying DeFi solution. In doing so, Elluminex leverages Telegram’s 950-million-strong community, while delivering one of the most advanced decentralized exchanges in the space.
Elluminex’s cross-chain framework addresses common problems in decentralized exchanges, such as fragmented liquidity and limited interoperability. By streamlining asset transfers between major blockchains like Ethereum and Solana, Elluminex aims to deliver a faster, more efficient trading experience with reduced fees, minimal slippage, and quicker transactions.
The launch of the $ELX presale has raised a gold rush among savvy professionals raising almost $300,000 in just a few days. Historically, the introduction of DeFi platforms has supercharged their host ecosystems, as seen with Uniswap on Ethereum and Raydium on Solana. Elluminex is well-positioned to replicate that success on Toncoin, thanks to its innovative approach and first-mover advantage.
As excitement builds, Elluminex is set to make waves in 2025. Traders will have the chance to acquire $ELX at a reduced price during the presale, with 50% of the 350 million total supply available. However, with tokens selling fast, the Elluminex price won’t remain low for long.
Dogecoin Rests On Critical Support Amid Whale Sell-Off
A Dogecoin whale sold 400 million DOGE worth $140 million on Binance, triggering a 9% price drop to $0.34. This large-scale Dogecoin sell-off has fueled speculation that the meme coin rally may be ending, with many other memes like Shiba Inu and Pepe experiencing steep decreases. Dogecoin managed to rebound from the lows and is now selling for $0.37, following a 5.8% weekly decrease, however, its current market position appears precarious as capitalists are taking profit more aggressively.
Dogecoin’s decline aligns with overall market volatility, and an increasingly apparent meme coin fatigue, which is leading market participants toward more projects that are proving to be resilient in times of heightened volatility, such as Elluminex. However, some traders remain hopeful about Dogecoin’s long-term growth, identifying $0.48 as a critical resistance level for future recovery.
Pepe Slips 5%, Loses Critical Support
Pepe’s price continues to drop, falling over 22% since Saturday and trading below $0.000015 for the first time since November. Unfortunately for Pepe holders, technical indicators are suggesting more losses ahead. Pepe broke below its 200-day EMA and 61.8% Fibonacci retracement level, signaling a potential 14% decline to the $0.000013 support zone.
Momentum indicators like RSI at 38 and a bearish MACD crossover paint a bearish picture as selling pressure intensifies and traders are cutting their losses by rotating capital from Pepe to other, more stable assets. Additionally, Pepe’s long-to-short ratio at 0.80 reflects negative market sentiment, with more traders betting on further price drops.
Will Elluminex Dominate In 2020?
Despite the short-term uncertainty, both Pepe and Dogecoin are expected to rebound and rally to new heights at some points, however, some traders believe that the ROI is not quite there anymore. Newcomers like Elluminex could yield significantly higher returns as their broader utility and significantly smaller market cap grant much greater room for growth.
In stage 1 of the presale, $ELX tokens are selling for just $0.06, a perfect entry point for traders who want to lock in the same price multipliers that made Pepe and Dogecoin legendary. Missing out on this gem shouldn’t be an option, especially as the DeFi narrative is gearing up for a monumental comeback.
For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com/
Twitter: https://x.com/elluminex
Telegram: https://t.me/Elluminex
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