Kong Trading Forecasts Rally To $72 For Avalanche, New Coin Poised For 10x Pump Gains Investors’ Interest
The crypto market is buzzing with predictions and Kong Trading’s prediction of Avalanche (AVAX) hitting $72 has caught the attention of many. While investors look at this potential gain, a new entrant has joined the DeFi market. Elluminex is a revolutionary decentralized platform based on the TON blockchain that has attracted interest due to its 10x potential.
Elluminex is not just another token but a revolution in the DeFi space and a game changer. It is currently in the first stage of its cryptocurrency ICO and has sold over 4.8 million tokens which shows huge investors’ interest.
Trader Tells Followers To Accumulate Avalanche (AVAX)
The Avalanche coin has witnessed a minor correction after a bullish rally in the past week. The altcoin climbed to a peak of $41.64 before giving in to bearish pressure.
Data from CoinMarketCap shows the price of the Avalanche token has dipped by 5.8% in the weekly timeframe. However, AVAX is still bullish on the monthly level with a price increase of 3.3%.
Avalanche (AVAX) is currently trading between the 50-SMA ($42.19) and 200-SMA ($31.16). Crossing the former could lead to a massive uptrend in the weeks ahead. In the meantime, investors’ sentiment and interest are high.
The Fear and Greed Index is currently showing Greed which means buyers have not given up. Looking ahead, Kong Trading forecast the Avalanche price might pump to $72.50 soon.
The trader advised his followers to start accumulating AVAX now. Meanwhile, his chart highlighted a major support around the $36 level. Breaking below this level could invalidate the current price surge.
Another crypto enthusiast called Tradenalytics notes the value of the Avalanche crypto might pump to $100 in the next 1-2 months. However, this surge would depend on bulls defending the $32 support.
Elluminex (ELX): The DeFi Revolution On The TON Blockchain
Elluminex is redefining the DeFi landscape with its all-in-one platform on the TON blockchain, a network boasting over 950 million active users and 1 billion recorded transactions. By addressing the challenges of fragmented liquidity, high transaction fees and the lack of cross-chain interoperability, Elluminex is set to unlock the full potential of DeFi on TON, positioning it alongside Ethereum, Solana and Binance Smart Chain.
The platform’s advanced cross-chain bridge technology is a standout feature, allowing seamless asset transfers between blockchains. This innovation could pave the way for the TON blockchain to become a hub for memecoins—an area where TON currently lags behind other major blockchains.
Historically, platforms like Uniswap and Jupiter have played pivotal roles in enabling the rise of billion-dollar memecoins on Ethereum and Solana, such as Shiba Inu, DogeWhale and Bonk. With Elluminex bridging the gap, TON could soon witness its own memecoin boom, bringing massive liquidity and vibrant community activity to the network.
Elluminex is not just about trading. Its features include staking and farming opportunities, an AI-powered portfolio tracker, and a pre-market platform for early access to TON project tokens.
These tools empower users to maximize their investments in a secure and user-friendly environment. The platform’s ongoing $ELX token presale, trading at $0.06, has already raised over $300,000 reflecting immense investor interest. By combining innovative features with the robust capabilities of the TON blockchain, Elluminex has the potential to transform TON into a thriving DeFi powerhouse.
Elluminex, The DeFi Project That Could Cause A TON Revolution
As Avalanche (AVAX) aims for $72, Elluminex has become the new contender in the crypto space, with exponential growth and unmatched functionality. As a DeFi solutions provider that may bring new projects and developers to the TON blockchain, Elluminex is not just an investment opportunity: it is a look into the future of decentralized finance. To those who did not get a chance to invest in Avalanche, Elluminex is the next best crypto to buy.
For more information about Elluminex visit the links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/kong-trading-predicts-72-avalanche-surge-new-coin-set-for-10x-gains-sparks-investor-buzz/