Despite the recent decline Dogecoin Price During the last 24 hours, the Doge token is always ready to record more gains, with analyst Tarder Tardigrade forecast A target of $4 in the next bull run. Several factors support the cointhe upward trend movement, including increased whale activity and the recent deposit of a Dogecoin ETF.
Additionally, Solana finally broke out of a three-day soaking trend after a few volatile days, fueling bullish player sentiment for its near-term price performance. This move comes when Elluminex (ELX), a new Hub Within the tone blockchain, wants to reproduce the legendary 2021 DoGECOIN Price Movement.
Dogecoin Price Prediction: Is $4 the Next Target?
One of the main drivers behind Doge Price Movement is the significant increase in whale activity. Whale transactions involving the DOGE token have increased significantly in recent days. According to For Ali, Santiment data indicates an increase in whale activity, with large wallet holders purchasing 590 million Dogecoin tokens worth approximately $214 million.
Additionally, Bitwise’s recent filing for a DoGECOIN ETF could also lead to a significant price rally. An ETF approval will provide a regulated investment vehicle for traditional investors, potentially increasing Dogecoin’s exposure and legitimacy in the broader financial market, increasing demand and increasing the price of Dogecoin. According to For Ali, the approval could see Dogecoin’s price reach $15.
With Dogecoin Price hovering above the $0.34 regionTarder Tardigrade believes the next trending momentum will see the DOGE token reach $4. According to the guru, the same model of dogine was identified, defining the coin target at trend-based FIB extension level of 1.618.
Solana Price Analysis: Can Sol Token Reach $300?
The recent rally in Solana Price Movement was attributed to the launch of the Trump token within the Sol blockchain. The launch kicked off a three-day market frenzy that propelled the Trump token to an ATH high. Solana also recorded a 25% increase from 24% to reach the $270 level.
The Solana rally fueled another 9% increase to a new ATH of $294.33. According to DefillamaSolana’s TVL also surpassed its 2021 record of $10.02 billion to reach $12.1 billion on Sunday. However, the Solana surge was short-lived, as Floor price traced around the $246 Level.
According to Crypto Jelle analystSolana has gained significant upward momentum. This usury trend could see Solana target a new high, with $300 being the near target before the end of the month. However, Sol needs to reclaim the $260 range, which will propel its price to new highs.
ELUMINEX bets on the fastest growing ton blockchain
Like the Solana Meme Coin rally, another project is preparing to take advantage of the altcoin season. Eluminex (ELX) Built a platform on top of the fastest growing ton blockchain. The project positions itself as one of the main Defi Hubs for Toncoin, which is currently among the fastest networks. 2024 saw Ton’s TVL increase by 800%, with a similar increase in commercial activity. This was attributed to its integration with Telegram Messenger, which has over 950 million active users.
Elluminex seeks to take advantage of this by providing blockchain tons with much-needed liquidity to fuel its growth and adoption. Despite its unique extensive DAPP ecosystem, TON is relatively underdeveloped in the Challenge landscape. This is what Elluminex seeks to solve. Elluminex will offer a Dex exchange, enabling seamless cross-trading to over 40 blockchains.
Thanks to the Elluminex token bridge, Ton will have access to the liquidity of large chains. This will reduce slippage on Elluminex while stabilizing prices in the Toncoin ecosystem. The Eluminex pre-sale has already started, with the ELX token Selling for a low entry price of just $0.06. However, the second stage of the presale is expected to register a rally that will see the token selling at $0.08.
Eluminex’s 2025 momentum could outstrip the likes of Dogecoin and Solana
Solana price is about to enter price discovery, which could push the token towards a new high, with the $300 level being the immediate target. Likewise, Dogecoin whale activity and bitwise ETF filing could set the token on a bullish trajectory. On the other hand, Eluminex’s user-friendly features, including its AI portfolio tracker, which gives traders actionable insights based on real-time information, could see it replicate Dogecoin’s legendary 2021 price movement. Additionally, its cross bridge positions it as the premier Defi center in the fastest growing chain on the market.
For more information on Elluminex (ELX), visit the links below:
Website: https://elluminex.com/
Twitter/x: https://x.com/elluminex
Telegram: https://t.me/elluminex