Trump Trump Starts Meme Coin Season, But SHIB Holders Are Buying Different Cryptocurrencies – Blockchain News, Opinions, TV, Jobs

Since their inception, memes have taken the cryptocurrency market by storm, and many are taking advantage of their volatility to make big gains. In 2025, meme season kicked off with the launch of Trump Token, a “token” of President Donald Trump’s embrace of the cryptocurrency industry.

However, cryptocurrency enthusiasts and investors, including Shiba Inu holders, are now focusing on a different project – Elluminex, a new cryptocurrency with huge potential. Let’s explore how this project could reshape the DeFi landscape.

Trump coin is experiencing astronomical growth, heralding the season of meme coins

Like all cryptocurrencies, the TRUMP token started out as a joke until it no longer is. The meme coin launched on Friday, January 18 at $6.50, and had risen to an incredible $73 by Sunday. However, the token fell to around $40 shortly after the open. However, the coin maintains a market value of more than $8.3 billion, according to Queen Gekko.

The newly elected president has promised to make the United States 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 that the new era may bring about a bullish season in the coin industry.

Shiba Inu owners are looking for alternatives with poor SHIB performance

While some cryptocurrencies saw an uptick in performance, the Shiba Inu was on the losing end of the market. According to reports from QuinglassThe meme has seen an outflow, with over $46 million worth of SHIB sold. This has caused a decline in the token’s performance, which has fallen by about 5% in the last 30 days.

The Shiba Inu’s decline can be attributed to various factors, including market speculation and the influx of new coins into the cryptocurrency market. Speculation or negative news can usually lead to widespread selling, affecting the performance of the token.

Experts remain optimistic about the future of the Shiba Inu. However, SHIB holders chose to look for alternatives, and turned their attention to Elluminex (ELX), a new project that aims to transform decentralized finance.

Elluminex is poised to transform the DeFi industry

Given the ongoing issues plaguing the DeFi space, Introducing Illuminex (ELX) in the blockchain space is a breath of fresh air. Built on the TON blockchain, Elluminex aims to eliminate problems associated with decentralized finance, including low liquidity and interoperability.

The DeFi project is an end-to-end platform, with features ranging from decentralized exchanges and blockchain interoperability to an AI-powered infrastructure and token rewards system. These features and many more make it stand out in the cryptocurrency market.

Elluminex’s token rewards 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 token supply, increasing scarcity and value over time.

What makes Iluminix special?

While Trump and the Shiba Inu have created wealth for traders in the past, Elluminex is poised to do even more. The comprehensive DEX platform and unique AI-powered portfolio tracker will allow users to trade with insight and earn huge 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 looking for smooth and secure trading while earning passive income, Elluminex may be worth investigating.

For more information about the Elluminex (ELX) presale:

https://elluminex.com/

Join and become a member of the community:

https://x.com/elluminex

https://t.me/Elluminex