Popular crypto analyst, Ali Martinez, says the price of Dogecoin may skyrocket soon. He forecasts a potential rally to $0.5. However, the real twist is Elluminex (ELX), a new DeFi project that aims to bring life to the TON ecosystem.

It could bring more liquidity to the platform attracting developers. Elluminex is currently in the crypto ICO stage with over 4.7 million coins sold. This project could make TON the next Solana (SOL) or even better.

Whales Accumulate 590M Dogecoin (DOGE) As Price Rises

The Dogecoin token has started an uptrend on the weekly timeframe after a recent downturn. CoinMarketCap data shows the value of the meme coin has risen by 1.4% on the weekly level.

The upsurge comes after Elon Musk launched the US Department of Government Efficiency official website. The website initially featured the Dogecoin crypto as its avatar before it was removed. Moving forward, the future seems bright for Dogecoin (DOGE).

Ali Martinez notes the cryptocurrency is showing resilience and is holding above a breakout zone. He forecasts the Dogecoin price might hit $0.5 in the coming weeks. In another tweet, the CEO told their followers the value of the meme coin might rise to $3 soon. They expect a target of $12 in the long term.

Meanwhile, whales have taken advantage of this potential uptrend to stock up their portfolios. They have bought over 590 million DOGE in the past 24 hours, per data from Santimentfeed.

Solana (SOL) Sees Double-Digit Gains

The Ethereum killer is among the top crypto coins that have benefited from the latest upside in the crypto market. Price information from CoinMarketCap shows the Solana coin has increased by 35.0% in the weekly timeframe.

The altcoin price had jumped to a new all-time high of $294 on Sunday. This upward movement has attracted lots of investors to the Solana (SOL) ecosystem. Looking ahead, predictors forecast the Solana price might surge in the coming weeks.

CryptoJelleNL notes the altcoin is about to enter a price discovery stage and could climb higher soon. They predict the value of the Solana crypto could reach $300 if it enters the $260, region again. Another expert called Pandoshi69 says the value of SOL might pump to $1k before the end of this year.

Positive indicators like the VWMA (10) and Hull Moving Average (9) currently support this potential uptrend. They are in the buying territory which means bulls are in control.

Elluminex (ELX) Brings Hope To The TON Ecosystem

Elluminex (ELX) is poised to ignite TON’s DeFi revolution. The DeFi project is building a platform that could aid the movement of assets across blockchains and offers users low fees and fast transactions. This is the promise of Elluminex, a decentralized platform designed to unlock TON’s full potential.

Just as Solana witnessed the meteoric rise of meme coins like Dogwhal and Bonk following the introduction of Jupiter, a powerful DEX aggregator, Elluminex’s cross-chain bridge could serve as the catalyst for a similar explosion within the TON ecosystem. By seamlessly connecting TON to the broader DeFi landscape, Elluminex will unlock a floodgate of liquidity, attracting a new wave of users and developers.

This interoperability will not only fuel the growth of TON’s DeFi ecosystem but also pave the way for the emergence of exciting new TON-based meme coins. Elluminex bridges this gap with a seamless, cross-chain solution. Envision TON-native tokens seamlessly interact with the broader DeFi landscape, attracting liquidity from Ethereum, Binance Smart Chain, and beyond.

But Elluminex is more than just a bridge. It is a comprehensive platform designed to enhance utility and teach people more about DeFi. Early adopters who participate get the ELX token at $0.06 and could see up to 10x returns in the future.

Elluminex, The Best DeFi Project In The Market

As Dogecoin (DOGE) prepares for the next major step, the crypto community is closely watching Elluminex. As a DEX that guarantees the compatibility of tokens, and the capacity to attract liquidity to 40 significant blockchains, Elluminex is much more than a DEX; it is TON’s key to success. Traders looking for the best crypto to buy could consider ELX which has the potential for 10x gains.
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