TON, DOGE, ELX: Where Is Smart Money Investing In Meme Coins?

And for that reason, many meme coins are often very volatile and short-lasting. We’ll look into TON, DOGE, and ELX to see where smart money is investing

Meme coins have taken the crypto world by storm, offering astronomical gains and attracting a massive following. However, many of these coins are known for their volatility and short lifespan. In this article, we'll explore three meme coins that have managed to sustain interest and examine the factors driving their enduring appeal.

1. TON: The Decentralized Gateway to Web3

A survey by YouGov and Consensys in 2024 revealed a growing awareness of crypto among the masses. While promising, the survey also highlighted concerns regarding the lack of user-friendliness and ease of transacting on the blockchain.

Enter TON, a blockchain that has seamlessly integrated into the Telegram ecosystem, boasting nearly a billion active users. While Meta and X have toyed with the idea of incorporating a cryptocurrency, Meta's plans were ultimately thwarted, and X's integration of DOGE remains pending.

Despite these efforts, TON stands out with its unique ability to host mini apps. Notcoin and Hamster Kombat are just two examples of how these apps have brought millions of Telegram users to TON.

While meme coins on TON have experienced significant drops in value, exclusive partnerships, such as the recent deal between TON and Telegram, are paving the way for coins and apps with greater longevity to add value to the blockchain.

2. Dogecoin: Musk's Favorite Coin Primed for Another Rally?

Seasoned crypto enthusiasts are well aware of Dogecoin's sensitivity to Elon Musk's actions. The recent placement and subsequent removal of a Dogecoin logo on the D.O.G.E (Department of Government Efficiency) website caused a brief price dip.

Despite this setback, Dogecoin has a history of experiencing sudden and dramatic price surges during each bull run. With the Biden administration expressing pro-crypto sentiments and interest in the space, Dogecoin could be poised for another astronomical rally.

Dogecoin has already doubled more than four times this cycle, but crypto guru Ali Martinez points to the previous cycle's incredible 16,000% gains. On the social mentoring app Slice, a few days ago, Martinez highlighted, "Dogecoin's second leg up started on January 28, 2021, and resulted in an enormous price increase.. Today, it’s January 25, 2025, and while I can’t guarantee the pattern will repeat itself down to the exact date, the conditions are eerily similar."

3. Elluminex: Solving DeFi Fragmentation on TON

While Dogecoin continues to be a massive success story, most of the meme coins that made headlines in 2024 are no longer within the top 100 cryptocurrencies by market cap.

Viral clicker games and interactive story apps with large airdrops were effective in introducing people to TON, but more is needed to retain users.

One key advantage of TON is the ease of using an app that people are already familiar with – Telegram – to integrate crypto into their daily lives. However, a challenge that arises is that much of the TON ecosystem is currently fragmented and difficult to navigate.

Elluminex aims to solve a problem that was also identified in the Consensys survey – ease of use. With a simple, user-friendly UI and access to essential features like a DEX with deep liquidity, premarket access, and AI portfolio trackers, Elluminex provides an optimal entry point for users to engage with TON DeFi.

The project also has plans to establish a learning academy where individuals can gain knowledge on more advanced aspects of DeFi, such as liquidity providing or options trading, at no cost.

Elluminex is currently in presale, offering the potential for upside similar to that of new meme coins. However, with a long-term vision and practical utility, Elluminex aims to contribute to the growth of one of the most promising blockchains of 2025.

For more information about Elluminex (ELX), follow the links below:

Website: https://elluminex.com

Twitter/X: https://x.com/elluminex

Telegram: https://t.me/Elluminex

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.