The crypto market has dipped in the past 24 hours, pushing Bitcoin’s price below the $100k mark. Although the Ethereum price has dropped significantly in the past few days, popular crypto guru Merlijn remains optimistic that Ethereum’s price will hit the $10k mark in the coming weeks based on historical price performance. While the market dips, Elluminex has continued to witness more adoption in presale, with over 5 million ELX tokens sold. The new DeFi project aims to revolutionize the TON blockchain, which currently has limited options for its uses. Designed to bring DeFi to the TON network, Elluminex is on course to transform the chain and make it appealing to the over 950 million active users.

Another project set for significant short-term gains is SUI. This project by former Meta employees is one of the most promising in terms of tech on the market. Recently, Sui has seen bullish momentum, as traders are excited over recent developments.

Ripple (XRP) has established its footprint across the global financial landscape, especially after its recent court victory against the U.S. SEC. This achievement has propelled the XRP price to unprecedented highs, with market forecasters touting a double-digit price for the top altcoin during this bull cycle.

As the crypto market volumes rise and fall, the bear wave sweeping across the crypto industry still harbors a significant hold on some top altcoins. However, some crypto projects have maintained bullish sentiment in the face of the bear market. Forecasters’ projections on these projects suggest they harbor value as an investment alternative. These tokens range from Ethereum, XRP, and Elluminex (ELX), a new DeFi project on the TON Network tipped to surge by 700x in Q1.