Trader Tardigrade Dogecoin Price Prediction: Here’s How Elluminex Could Surpass Dogecoin’s 2021 Run

Despite the recent drop in Dogecoin’s price over the past 24 hours, the DOGE token is still set to record more gains, with analyst Trader Tardigrade predicting a $4 target in the next bull run. Several factors support the meme coin‘s uptrend move, including increasing whale activity and Bitwise’s recent filing of a Dogecoin ETF.

Moreover, Solana has finally broken out of a three-day dipping trend after some volatile days, fuelling players’ bullish sentiment for its short-term price performance. This move comes when Elluminex (ELX), a new DeFi hub within the TON blockchain, wants to replicate the legendary 2021 Dogecoin price movement.

Dogecoin Price Prediction: Is $4 The Next Target?

One of the main drivers behind DOGE’s price movement is the significant increase in whale activity. Whale transactions involving the DOGE token have significantly risen in the past few days. According to Ali, data from Santiment points to an increase in whale activity, with large wallet holders purchasing 590M Dogecoin tokens worth around $214 million.

Moreover, 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 within the broader financial market, increasing demand, and pushing the price of Dogecoin higher. According to Ali, the approval might see Dogecoin’s price hit $15.

With the price of Dogecoin hovering above the $0.34 region, Trader Tardigrade believes the next uptrend momentum will see the DOGE token hit $4. According to the guru, the same Dogecoin pattern has been identified, setting the meme coin target at the trend-based Fib extension level of 1.618.   

Solana Price Analysis: Can The SOL Token Hit $300?

The recent rally in Solana’s price movement has been attributed to the launch of the TRUMP token within the SOL blockchain. The launch started a three-day market frenzy that propelled the TRUMP token to an ATH high. Solana also recorded a 25% rise in 24% to hit the $270 level.

The Solana rally fueled another 9% surge to a new ATH of $294.33. According to DeFiLlama, Solana’s TVL also surpassed its 2021 record of $10.02B to hit $12.1B on Sunday. However, the Solana surge was short-lived, as the SOL price retraced to around the $246 level.

According to crypto analyst Jelle, Solana has been building significant bullish momentum. This uptrend could see Solana target a new high, with $300 being the close target before the end of the month. However, SOL has to reclaim the $260 range, which will propel its price to new highs.

Elluminex Bets On The Fastest-Growing TON Blockchain

Like the Solana meme coin rally, another project is preparing to take advantage of the altcoin season. Elluminex (ELX) is building a platform on top of the fastest-growing Ton blockchain. The project is positioning itself as a leading DeFi hub for Toncoin, which is currently among the fastest-growing networks. 2024 saw TON’s TVL rise by 800%, with a similar rise in trading activity. This was attributed to its integration with Telegram messenger, which boasts over 950M active users.

Elluminex is looking to take advantage of this by offering the TON blockchain the much-needed liquidity to fuel its growth and adoption. Despite its unique expansive ecosystem of dApps, TON is relatively underdeveloped within the DeFi landscape. This is what Elluminex is seeking to resolve. Elluminex will offer a DEX exchange, enabling seamless cross-chain swaps to over 40 blockchains.

Thanks to the Elluminex token bridge, TON will have access to liquidity from major chains. This will reduce slippage on Elluminex while stabilizing prices within the Toncoin ecosystem. The Elluminex presale has already started, with the ELX token selling for a low entry price of just $0.06. However, stage two of the presale is set to record a rally that will see the token sell at $0.08.

Elluminex’s 2025 Momentum Could Outdoor The Likes Of Dogecoin And Solana

The Solana price is on the edge of entering a price discovery, which could push the token to a new high, with the $300 level being the immediate target. Similarly, Dogecoin’s whale activity and Bitwise ETF filing might set the token on a bullish trajectory. On the other hand, Elluminex’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 2021 legendary price movement. Moreover, its cross-chain bridge positions it as the premier DeFi Hub within the fastest-growing chain in the market.

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