Crypto News Elluminex Option11.webp.webp

Holding Bitcoin is not enough to achieve millionaire status; 3 brands with higher growth potential



Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.

Sui, Avalanche, and Elluminex emerge as top picks for high ROI, with Elluminex redefining DeFi on the TON blockchain.

No doubt, Bitcoin 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 ROI. That's why investing in lower priced crypto tokens with high growth potential is necessary to produce huge profit.

Here are three top indicators that have the potential to generate great ROI within the next two months. These include Sui, Avalanche, and Elluminex (ELX). Although new, Elluminex is developing the next generation of DeFi on the TON blockchain, which will solve common issues related to interoperability and security encountered by traders in the DeFi space.

Sui token gains more than 168%, preparing for the next pump

The Sit Crypto has been one of the best performing altcoins so far in Q4, having gained more than 168% in value. The current bullish cycle has seen the price of Sui reach an all-time high of $4.89 with clear signs of breaking through the $5 mark. Sui's market cap is also at an all-time high of $14 billion, according to CoinMarketCap.

Crypto gurus are bullish on the altcoin with many extended rallies in sight. An analyst who goes by the username 0officialmaddawg on X predicts that Sui's market cap could reach $20 billion by early 2025. While analyzing Sui's price chart, the speculator expected to rise to $7.99 and that will be followed by a small rise to $4.76 before moving to the $16 mark.

Sui's technical indicators are very bullish, with the altcoin price above the 50-day and 200-day EMAs. The overall market sentiment is positive, with the Fear and Greed index (76). In their short-term Sui price forecast, analysts at Coincodex predict an increase to $15.38, placing Sui among the altcoins to watch in 2025.

Avalanche ecosystem gears up to launch their mainnet update

The Snowflake Blockchain launched its mainnet update on Monday, December 16th. According to X's post from Avalanche's official account, the update will reduce the cost of L1 by 99% while making the blockchain “faster, cheaper, more scalable… than ever before. “

Meanwhile, market stats show that the Avalanche token is bullish, having gained more than 50% in the last month. Avalanche's mainnet launch could propel the token's value beyond $60 and further to $100 by 2025.

A popular crypto analyst with over 100K followers on X, Nihat Cetinkaya, believes that as long as the price of Avalanche stays above the $46 support area, the price of AVAX will hit $65 very soon. In an earlier tweet, CryptoBullet, another popular speculator, predicted an increase to $150 – $180. With the price of AVAX still above the $50 support zone, it could mount a challenge at $ 60 soon.

Next-gen DeFi hub Elluminex supports cross-chain transactions on TON Network

The Elluminex leading the course towards providing cross-chain liquidity solutions to over 950 million active TON users. The Elluminex platform is designed to provide members with a seamless DeFi trading environment on the TON blockchain 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 offer and a wide range of trading options at low fees. The cross-chain bridge feature allows members to quickly transfer assets between multiple blockchains.

Through the AI-powered portfolio manager, users will be able to input real-time data, analytics and insights, allowing them to keep abreast of market trends. Basically, Elluminex is to TON what Uniswap is to Ethereum. Due to the project's high growth potential, macro traders are already monitoring the project's outlook to position themselves for growth.

The Elluminex platform provides passive income opportunities for traders, such as holding the ELX token to provide liquidity. Users can also trade, farm, and monitor their portfolios with ease. With the DeFi market seeing massive adoption, platforms like Elluminex could see high adoption.

The best investment option for 2025

Avalanche and Sui tokens have shown a different trend in the altcoin market. However, Elluminex has more growth potential, as it is still in the pre-sale stage. Therefore, buying Elluminex pre-sale could be important for exponential ROI in 2025.

For more information about Elluminex, visit the website, Twitter and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any action related to the company.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *