Pepe Coin holders shift focus to promising new viral coin
The post Pepe Coin holders shift focus to promising new viral coin appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe Coin holders are turning their focus to Elluminex, a promising new viral coin. Last year saw several crypto assets achieve spectacular growth. The latest bull market only compounded these gains, leaving traders hungry for more. Pepe was among these tokens, increasing over 30,000% in the last few years. Still, Pepe is currently among the biggest memecoins, but its potential upside is limited. Traders looking for similar gains should look for new projects. One of the most promising ones is Elluminex (ELX), a DeFi token promising to transform the TON ecosystem. Pepe saw spectacular growth Pepe is currently one of the dominant memecoins, maintaining the fourth position among all memecoins. The token used to be the third largest memecoin before the sudden rise of the Official Trump token. This development has rocked investors, and Pepe has seen significant volatility. Last week, Pepe dropped 16.71%, to its current price of $0.00001542. Still, this was after a year of strong growth, and Pepe is still up 1420.30% from the same time last year. Still, recent on-chain data shows large whale activity. For instance, the “0x8f5″ address withdrew 280 billion Pepe from Binance, worth around $5 million. This indicates that the whale is gearing for significant moves, which will likely increase volatility. Technical indicators show mixed signals for Pepe. While the weekly oscillators are mostly bearish, moving averages are mixed. Notably, short-term moving averages point to sell, indicating slowing momentum for Pepe. Elluminex could be the next 100x token While Pepe has seen significant growth, Elluminex is just starting out. Elluminex is a DeFi hub for TON, currently the fastest-growing chain. Its strong fundamentals give it the potential to replicate some of…
Filed under: News - @ January 28, 2025 1:19 am