In recent months, the crypto markets have seen incredible developments. Tokens like Dogecoin and XRP have experienced significant momentum, but they are also facing new risks. In this setting, Elluminex emerges as a potential strong competitor.
Dogecoin sees volatility after 450% rise
Since Trump’s victory in November, Dogecoin has been a top performer, rising over 450% to a high of $0.48. The launch of the official Trump meme coin has raised concerns among investors.
XRP makes big moves on regulatory news
XRP also rose 450%, trading at $3.06, driven by potential regulatory changes in the US after Trump's victory. New leadership could legitimize the asset by approving a spot ETF.
Elluminex set to rival XRP and Dogecoin
Elluminex, a platform on the TON blockchain, has the potential to surpass Dogecoin and XRP due to its cross-chain capabilities and minimal fees. These features position Elluminex as a promising DeFi player.
With its innovations and strategy, Elluminex could become a major DeFi player and surpass the growth seen in Dogecoin and XRP if TON continues its expansion.