As Dogecoin (DOGE) is still caught in a narrow trading channel, a series of bullish catalysts are lining up that could see it soar above the prophesied $1 milestone. However, its $53 billion market cap makes it considerably difficult to sustain an undeterred upward momentum, as its immense liquidity is needed to push the price higher.
This is why many OG DOGE investors are rotating capital into undervalued projects that are still flying under the radar. One in particular, Elluminex (ELX) presents a compelling argument for memorable price multipliers in the upcoming months. With a cutting-edge DeFi platform and a viral presale, this outlier could soon take everyone by surprise.
How Elluminex Redefines The Decentralized Exchange Framework.
Built on the Toncoin blockchain, Elluminex positions itself as an innovative DeFi protocol that aims to revolutionize the DEX space. Elluminex leverages the untapped technological potential of the TON blockchain, which despite being one of the premier Layer 1 platforms, still lacks a unified DeFi solution.
With its innovative cross-chain bridge, Elluminex promises to alleviate the issues found in run-of-the-mill single-chain DEXs. Notably fragmented liquidity and poor interoperability between chains. Elluminex brings forward a streamlined trading experience with greatly reduced slippage, fees, and waiting times.
In addition to this, newbies will have access to the Elluminex Academy. This is an educational hub that seeks to bridge the knowledge gap between crypto beginners and veterans. In the academy, users will find numerous free resources that demystify key concepts of DeFi, investing, and portfolio management. Moreover, Elluminex will also offer a portfolio tracking app for optimal asset management which will come with built-in data feeds and analytics, ensuring that investors will always have the right information at hand.
With a first-mover advantage in the TON ecosystem and growing investor interest, Elluminex is poised to become one of the hottest projects of 2025. The $ELX presale is already gaining massive traction, with thousands of market participants rushing to secure a token allocation.
Dogecoin ETF Rumors Have Started Circulating
The explosive launch of the official Trump meme coin (TRUMP) has siphoned massive amounts of liquidity from the meme market, leading to corrections across the board. Dogecoin (DOGE) braved this storm with its price finding rock-solid support at the $0.34 mark. At the time of writing, Dogecoin sells for $0.36, following a 1.4% rebound, although its weekly losses stand at 13%, after substantial sell-offs around the $0.42 level.
Bitwise has officially filed for a Dogecoin ETF under the name “Bitwise Dogecoin ETF,” as confirmed by the company. This filing aligns with similar applications from Rex Shares and Osprey Funds, reflecting the growing interest in meme coins. Speculators suggest that regulatory approval could legitimize Dogecoin and grab the attention of institutional players, sending demand through the roof. Needless to say, this move is part of the broader crypto ETF trend that started with the massive inflows seen with Bitcoin ETFs, which attracted $50 billion last year.
The Elluminex Presale Is Live, But The Discount Window Is Closing Quickly
While Dogecoin will undoubtedly conquer new peaks when the bull run is in full swing, Elluminex could present a much better opportunity for asymmetrical returns, due to its magnitudes and smaller market cap.
Over $300,000 has been raised in less than a week, with early buyers claiming 5 million of the 175 million $ELX available during the presale. Tokens are selling for just $0.06 and the price is the lowest it will ever be, especially when taking into account all that Elluminex has to offer. The best time to get involved? Now!
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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