Amid the crypto market dip, which has seen top altcoins witness a massive drop, a market analyst, CrypotPilotu, has projected the Cardano token value to rally toward the $2 mark in the coming weeks. Binance Coin is another altcoin that has dropped below key support level, with analysts projecting a resurgence very soon.
Meanwhile, enthusiasts have continued to migrate to Elluminex, the new DeFi project that aims to revolutionize the TON blockchain. Just like how Jupiter transformed the Solana network, Elluminex aims to bring DeFi features to the over 950 million active TON users, transforming the chain while taking it to the next level.
CryptoPilotu Forecast Cardano Price To $2
Cardano’s price has dropped below $1 in the past 24 hours due to the general crypto market’s bearish sentiment. CoinMarketCap stats show that Cardano’s crypto value has declined by over 19% in the past week, with the MCAP falling to $30B, dashing holders’ expectations of a rise to $2 this month.
Reacting to the recent fall, CryptoPilotu maintained that the technical outlook is completely positive and suggested that the altcoin is in the consolidation phase. In the Cardano price prediction, the analyst forecasted the ADA price to rise to $2, $3.5, and $6 in the long term.
While comparing the altcoin to the 2020 – 2022 historical price movement, Cheeky Crypto thinks that if history repeats itself, the Cardano coin price will hit $$38 in this cycle. Although the altcoin has witnessed 17 green days in the past month, the current Cardano market sentiment is bearish. Investors will hope that the rising market activity will soon trigger a resurgence.
BNB Price Prediction – Is A New ATH Possible In Q1
Binance coin, the native token of the popular Binance exchange has dropped massively in the past few days. The popular altcoin which rose to a new ATH of $793 in early December has fallen below the $650 mark, over 18% down from the ATH. Market stats show that BNB price has dipped by 8% in the past week with the market cap falling below $100B.
Crypto VIP signal thinks BNB crypto is still trading within the symmetrical triangle, and nothing has changed. However, the analyst thinks the altcoin might experience sideways movement for the next few days before a breakout occurs. Following a similar route, Vishal also claimed that the altcoin might see little price movement in the coming days before a breakout occurs.
The technical analysis from Tradingview shows that the BNB Moving Averages and Oscillator indicators are neutral, with the altcoin price below the 30-day SMA. Although the BNB market sentiment is bearish, the Fear and Greed index is 75 (Greed). In their BNB price forecast for the short term, Coincodex projects a rise to $814, suggesting it is one of the altcoins to watch in 2025.
Will Elluminex Price Skyrocket In 2025?
As one of the fastest-growing blockchain networks, Toncoin still lacks a unified DeFi hub that could boost its potential and help it compete against other blockchains like Solana and Ethereum. Elluminex (ELX) is designed to leverage cross-chain swaps to bring liquidity to the TON ecosystem, making it easier for users and developers to tap into and utilize it.
This is what Uniswap brought to the Ethereum ecosystem when it was launched. However, unlike Uniswap, Elluminex will solve issues of fragmented liquidity through its cross-chain bridge, allowing users to easily trade and transfer assets between different blockchains with minimal slippage, low fees, and fast transaction processing.
Designed with advanced trading tools, the AI-powered portfolio tracker allows users to monitor, track, and analyze their asset performance, allowing them to make smart trading decisions. There is also the Elluminex Educational platform which is designed to boost users’ knowledge of the general DeFi market. The OTC platform gives users early access to new TON projects.
Powering the ecosystem is the ELX token. Through the staking and farming mechanism, users will be able to earn rewards by doing little or nothing. At the ongoing presale, the ELX token is sold for just $0.06. With over 5 million ELX tokens sold within a short timeframe, analysts who have reviewed the project back it for exponential rallies in 2025, making it the best altcoin to buy now.
The Best Cryptos To Invest In 2025
The crypto market, which started the year on a positive note, has faced intense bearish pressure in the past week with fears of further decline. BNB and Cardano’s values have continued to struggle with a bearish sentiment which could take a while for a resurgence to occur. However, the adoption rate of Elluminex has continued to grow rapidly, with over $300k raised in cryptocurrency ICO funding. With robust features like DEX, OTC platform, and AI-powered tracker, the ELX price might jump by 100x sooner than anticipated.
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
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