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Reading: Significant Growth Projection for Elluminex and Dogwifhat as Bonk sets for ETF
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EdaFace Newsfeed > Latest News > Press Release > Significant Growth Projection for Elluminex and Dogwifhat as Bonk sets for ETF
Press Release

Significant Growth Projection for Elluminex and Dogwifhat as Bonk sets for ETF

vitalclick
Last updated: January 27, 2025 4:00 pm
18 hours ago
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Contents
Rex Osprey Files For Bonk ETF Listing As Clifton FX Projects Massive RalliesAli Martinez Forecasts Dogwifhat Price To Hit $5 SoonMeteoric Growth Projection For Elluminex (ELX) As Project Introduces DeFi Solution To TON Crypto Investment Alternatives For Q1

In 2025, the crypto industry could record a giant milestone in ETF listings as a proposal for a Bonk ETF listing has been filed. This could be one of the first meme coins to get a spot listing from the US SEC. This makes Bonk one of the top altcoins to watch in this bull cycle. 

Meanwhile, Dogwifhat (WIF) is another top meme coin projected for high-value growth in the first quarter of the year. Similarly, the Elluminex (ELX) DeFi project is on course to facilitate decentralized activities on the TON blockchain, putting it on the pro’s list of the top crypto projects to watch out for in the coming months.

Rex Osprey Files For Bonk ETF Listing As Clifton FX Projects Massive Rallies

Bonk has been one of the top-performing meme coins of 2024. While the new year has started slowly for Bonk from the value growth perspective, the latest update has revealed that a BONK spot ETF has been filed by Rex Osprey, a digital management company. 

According to the report document, Bonk ETF was filed alongside other ETF proposals like Solana, XRP, Dogecoin, etc. Meanwhile, BONK’s market chart highlights a 6% growth within the past week, coinciding with when rumors of the ETF filing started making the rounds. Crypto analyst, Clifton FX thinks that the Bonk token is getting set for a rally which might see it surpass the $0.000048 mark. 

While Crypto Legend agrees with the above Bonk price prediction, Unknown Trader thinks that for the altcoin price to witness a rally, it needs to close above $0.00003214 on the 4-hour  and 8-hour timeframes. Although the Bonk key market indicators are negative, the news of the ETF and growing Solana network is likely to drive the Bonk price up in the coming weeks. 

Ali Martinez Forecasts Dogwifhat Price To Hit $5 Soon

Despite Dogwifhat’s declining price value, market players and seasoned enthusiasts maintain a bullish sentiment for the meme coin. For context, Dogwifhat’s price value declined to $1.35 in the past few days, its lowest since August 2024. While the token has regained support above $1.40, the price chart shows that the Dogwifhat token lost over 21% in value within the last week.

Nonetheless, a crypto analyst, BullChain, has expressed his confidence in the bullish potential of Dogwifhat in an X post claiming a long stance on WIF. Another analyst, Ali Martinez, claims that Dogwifhat crypto is trading inside a parallel channel. Ali thinks the altcoin could see further consolidation around the channel’s lower boundary before a rally towards $5. The Dogwifhat trading volume and market cap are down with the altcoin struggling to hold the $1.40 support zone. For a resurgence to happen, WIF needs to break through the $1.75 resistance mark. However, a fall below $1.30 could be catastrophic.

Meteoric Growth Projection For Elluminex (ELX) As Project Introduces DeFi Solution To TON 

Elluminex (ELX) will expand the TON blockchain’s reach with the imminent introduction of DeFi solutions. Currently, transactions on the TON Network are limited to only members on the blockchain. However, with the introduction of the Elluminex DeFi hub, the 950+ million active users in the TON Network will access liquidity and execute DeFi transactions from other blockchains. 

Just like when Jupiter was launched in Solana, which saw the rise of billion-dollar meme coins like Bonk and Dogwifhat, the Elluminex project is set to introduce utilities such as a DEX exchange for cross-chain transactions and direct connectivity to TON wallets. Also, through its Academy initiative, Elluminex will bridge the DeFi educational gap. 

Through the AI-powered portfolio tracker, users will gain market insights and real-time data, which will aid in decision-making and boost profits. Users can utilize Elluminex’s OTC platform for pre-market access to new TON projects before their official listing on exchanges, giving traders the opportunity to enter high-potential projects at the nascent stage. 

Elluminex aims to revolutionize the TON network the same way Uniswap revolutionized the Ethereum Network. Given Toncoin’s affiliation with Telegram, the social network’s billion users are likely to add to the project’s credibility. In view of this, now could be the best time to invest in the Eluminex native token ELX. At just $0.06, ELX remains one of the best altcoins to buy with  very good growth potential. 

Crypto Investment Alternatives For Q1

There are vast investment options in the crypto industry. For instance, BONK’s ETF filing sets it on a growth path, while a resurgence could see the Dogwifhat price retest the $2 mark.  However, Elluminex offers bigger growth potential thanks to its revolutionary solution on the TON Network. With Elluminex, Millions of TON users will perform cross-chain transactions. This makes Elluminex one of the best crypto coins to invest in 2025. 

For more information about Elluminex (ELX) visit the links below:

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