Since their inception, meme coins have taken the cryptocurrency market by storm, and many leverage their volatility for significant gains. In 2025, the meme coin season kicked off with the launch of the TRUMP token, a “symbol” of President Donald Trump’s embrace of the crypto industry.
However, crypto enthusiasts and investors, including Shiba Inu holders, are now focusing on a different project – Elluminex, a new cryptocurrency with immense potential. Let’s explore how this project could reshape the decentralized finance hub.
$TRUMP Coin Sees Astronomical Growth, Ushers In Meme Coin Season
Like all meme coins, the $TRUMP token started as a joke until it wasn’t. Launching on Friday, January 18 at $6.50, the meme coin soared to an incredible $73 by Sunday. However, the token fell to about $40 shortly after the inauguration. Nonetheless, the coin maintains a market cap of over $8.3 billion, according to CoinGecko.
The newly elected president has promised to make the US “the crypto capital of the planet.” Although his actions and words have been met with some resistance, there is optimism surrounding the cryptocurrency market. Many believe the new era might bring about a bull season in the meme coin industry.
Shiba Inu Holders Search For Alternatives As SHIB Underperforms
While some cryptocurrencies have witnessed a surge in performance, Shiba Inu has been on the losing end of the market. According to reports from Coinglass, the meme coin saw an outward flow, with over $46 million worth of SHIB sold. This caused a decline in the token’s performance, which dropped by about 5% in the last 30 days.
Shiba Inu’s decline can be attributed to various factors, including market speculation and the influx of new meme coins in the crypto market. Negative speculation or news can usually lead to a massive sell-off, affecting the token’s performance.
Experts remain positive on the future of Shiba Inu. However, SHIB holders have opted to search for alternatives, turning their attention to Elluminex (ELX), a new project set to transform decentralized finance.
Elluminex Primed To Transform The DeFi Industry
Given the constant issues plaguing the DeFi space, introducing Elluminex (ELX) in the blockchain space is a breath of fresh air. Built on the TON blockchain, Elluminex aims to eliminate the issues associated with decentralized finance, including low liquidity and cross-interoperability.
The DeFi project is an all-in-one platform, with features ranging from decentralized exchanges and blockchain interoperability to an AI-powered infrastructure and a token reward system. These features and many more make it stand out in the cryptocurrency market.
Elluminex’s token reward system will allow users to earn passive income in ELX tokens through staking and farming models. The platform’s native token, ELX, adopts a deflationary model that reduces the token supply, increasing scarcity and value over time.
What Makes Elluminex Stand Out?
While TRUMP and Shiba Inu have created wealth for traders in the past, Elluminex is set to do more than that. Its comprehensive DEX and unique AI-powered portfolio tracker will allow users to trade with insight and earn massive rewards.
Additionally, Elluminex features an educational platform that teaches users about DeFi, allowing them to navigate the space with ample knowledge and confidence. For those seeking seamless and secure trading while earning passive income, Elluminex might be worth investigating.
For more information on the Elluminex (ELX) Presale:
https://elluminex.com/
Join and become a community member:
https://x.com/elluminex
https://t.me/Elluminex
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