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Cryptocurrency News Articles
Sui, Avalanche, and Elluminex Emerge as Top Picks for High ROI, With Elluminex Redefining DeFi on the TON Blockchain
Jan 19, 2025 at 06:48 pm
Undoubtedly, Bitcoin is the most valuable coin in the crypto industry. However, the high-value status of Bitcoin has made it difficult to buy
This article does not contain any investment advice. The content and materials featured on this page are for educational purposes only.
Sui, Avalanche, Elluminex Lead Picks for High ROI as Elluminex Redefines DeFi on TON
Bitcoin is undoubtedly the most valuable coin in the crypto industry. However, Bitcoin's high-value status has made it difficult to buy the coin and make a high-end ROI. That is why investing in lower-priced crypto tokens with high growth potential is necessary to realize a massive profit.
Here are three top tokens that have the potential to generate great ROI within the next two months. They include Sui, Avalanche, and Elluminex (ELX). Although new, Elluminex is developing the next-generation DeFi on the TON blockchain, which will solve common issues relating to interoperability and security that traders encounter in the DeFi space.
Sui Token Gains Over 168%, Prepares for the Next Pump
The Sui crypto has been one of the top-performing altcoins so far in Q4, having gained over 168% in value. The current bullish cycle has seen Sui’s price reach its all-time high of $4.89 with clear signs of breaking through the $5 mark. Sui’s market cap is also at its all-time high of $14 billion, according to CoinMarketCap.
Crypto gurus are bullish on the altcoin with many projecting extended rallies. An analyst that goes by the username 0fficialmaddawg on X forecasts that Sui’s market cap could reach $20 billion by early 2025. While analyzing the Sui price chart, the speculator anticipates a rise to $7.99 which will be followed by a slight retracement to $4.76 before moving to the $16 mark.
Sui technical indicators are extremely bullish, with the altcoin price above the 50-day and 200-day EMAs. The overall market sentiment is bullish, with the Fear and Greed index (76). In their short-term Sui price prediction, analysts at Coincodex forecast a rise to $15.38, putting Sui among the altcoins to watch in 2025.
Avalanche Ecosystem Set to Launch Mainnet Upgrade
The Avalanche blockchain launched its mainnet upgrade on Monday, December 16th. According to an X post from Avalanche’s official account, the upgrade will reduce L1 cost by 99% while making the blockchain “faster, cheaper, more scalable…than ever.”
Meanwhile, market stats show that the Avalanche token is bullish, having gained over 50% within the last month. The launch of the Avalanche mainnet could propel the token’s value beyond $60 and further to $100 before 2025.
A popular crypto analyst with over 100K followers on X, Nihat Cetinkaya, believes that as long as the Avalanche price stays above the $46 support zone, the AVAX price will hit $65 very soon. In an earlier tweet, CryptoBullet, another popular predictor, projected a rise to $150 – $180. With AVAX’s price still above the $50 support zone, it could mount a challenge at $60 soon.
Next-Gen DeFi Hub Elluminex to Champion Cross-Chain Transactions on TON Network
The Elluminex project is leading the course toward providing cross-chain liquidity solutions to over 950 million active TON users. The Elluminex platform is designed to provide members on the TON blockchain with a seamless DeFi transaction environment where they can trade in a secure protocol.
Elluminex harbors strong use cases in the TON network, some of which provide a DEX exchange with a high liquidity offering and a wide range of trading options at low fees. The cross-chain bridge feature will allow members to seamlessly transfer assets between multiple blockchains.
Through the AI-powered portfolio tracker, users will be able to transmit real-time data, analytics, and insights, allowing them to stay updated on market trends. Basically, Elluminex will be to TON what Uniswap is to Ethereum. In view of the project's high growth potential, macro traders are already monitoring the project’s presale to position themselves for growth.
The Elluminex platform will offer traders passive income opportunities, such as staking the ELX token to provide liquidity. Users can also trade, farm, and track their portfolios with ease. With the DeFi market witnessing massive adoption, platforms like Elluminex could witness high adoption.
Best Investment Alternative for 2025
Avalanche and Sui tokens have shown varying bullish momentum in the altcoin market. However, Elluminex harbors a bigger percentage growth potential, given that it is still in its nascent presale stage. As such, buying the Elluminex presale could be key for exponential ROI in
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