Amid the market downturn, Shiba Inu’s momentum stalled as its price structure broke down, leading to a rapid 8% drop. For those who want to hedge their volatile meme coin positions, Elluminex (ELX) offers a prime opportunity, grounded in technological innovation and a comprehensive long-term vision. Elluminex leverages the Toncoin blockchain to provide a unified DeFi solution that could soon disrupt the entire DEX landscape. Let’s dive deeper.
Why Elluminex Could Be One Of The Hottest Plays Of 2025
Elluminex is an upcoming DeFi protocol built on TON, one of the fastest-growing Layer 1 blockchain on the market. While TON coin boasts a successful gaming platform that directly interfaces with Telegram, it still lacks a comprehensive offering in the DeFi department.
This is where Elluminex comes into play, capturing the first-mover advantage with the promise to provide the TON ecosystem with a competitive edge against established majors such as Solana and Ethereum. Simultaneously, Elluminex will directly tap into the 950-million Telegram user base, streamlining crypto transfers securely and privately.
The capabilities of most DeFi protocols are stunted by their subpar cross-chain interoperability. This directly translates into inefficient liquidity sourcing, leading to increased costs and waiting times. Elluminex addresses this with its cutting-edge cross-chain bridge which allows for near-instantaneous transactions between isolated blockchains. This means that Elluminex will be the last DEX that users will ever need, as they will be relieved from having to cycle between single-chain platforms like Uniswap.
Additionally, Elluminex does away with middlemen, with users remaining as the sole custodians of their assets. This approach draws a demarcation line between Elluminex and the centralized entities that have significantly eroded user trust over the years through shady practices and unexplained account freezes.
The $ELX utility token will play a central role within the Elluminex infrastructure, as it will power staking and governance features. Once the presale is live, early buyers will have the golden opportunity to build an $ELX position while the project still flies under the radar.
Keep an eye on Elluminex’s socials and official website to monitor the latest developments, as the presale will kick off very soon!
Shiba Inu Breaches Support, Will It Go Lower?
Shiba Inu is seeing red as the crucial $0.000025 support failed to sustain the mounting selling pressure. This resulted in an 8% decline, with Shiba Inu revisiting the $0.000023 mark. Trading activity has skyrocketed as some investors are scooping up the dip, while others are cutting their losses, resulting in a 107% surge in 24-hour trading volume. Many holders are now cautious as uncertainty has started looming.
On the other hand, Shiba Inu’s vast ecosystem continues to raise the bar, as its Layer 2 solution, Shibarium has processed nearly 700 million transactions since its launch in 2023 and has recorded over 2 million unique addresses. Moreover, Shibarium’s built-in burn mechanism has torched over $1.5 million worth of SHIB tokens, directly impacting Shiba Inu’s price action by applying constant deflationary pressure.
Although Shiba Inu could be a sound investment in 2025, its $14 billion market cap shows that the point of diminishing returns has been reached long ago. Investors who want to capitalize on the next gem should consider looking into Elluminex, as its significantly lower market cap and forward-looking approach to DeFi create the perfect growth formula for explosive 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
