Retik Finance (RETIK) has taken the cryptocurrency market by storm, becoming the most sought-after crypto token ahead of seasoned market players like Solana (SOL) and Shiba Inu (SHIB). A high ranking in Google search generally corresponds to a high volume of entries, and this is evident in Retik's recent performance. DeFi Sensation, which launched two weeks ago through a decentralized token sale, has raised more than $1.8 million without venture capital funding. In the first stage of the Retik pre-sale, investors acquired 15 million RETIK in 72 hours to raise $450,000. Let's delve deeper to find out the reasons behind the growing popularity of Retik. But first, Solana (SOL) and Shiba Inu (SHIB).
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Solana: Ecosystem Airdrops and Meme Coins
Solana is a layer 1 leader block chain Popular platform for its scalability. Solana claims to complete more than 50,000 transactions per second. Following the collapse of the FTX exchange in November 2022, Solana suffered a tragedy. SOL was the second-largest holding in Alameda Exchange, FTX's sister company, raising investor concerns that the exchange would sell its stake to recoup losses. This was followed by a sell-off that took Solana from $30 to a cycle low of $8. Solana has been hovering around $20 for most of the year until late October, when the token embarked on a rally of over 300% to reach $70. Key drivers of this rally include ecosystem airdrops and a rapidly growing meme coin sector within the ecosystem. Jupiter (JUP) and Pyth Network (PYTH) recently conducted lucrative airdrops, attracting a swarm of airdrop farmers looking for similar opportunities with other Solana projects. The Solana meme coin sector has also taken off recently, with Bonk (BONK) leading the way. Bonk recently secured Coinbase and binance listings, causing a 500% rally in one week.
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Shiba Inu: SHIB on fire and a constantly growing DeFi ecosystem
Shiba Inu (SHIB) is the second largest meme crypto coin behind Dogecoin. Shiba Inu, like Dogecoin, features a smiling Shiba Inu dog as a mascot. SHIB debuted in 2020 and soared by more than 43 million percent during the 2021 bull run to briefly become the largest meme coin and rank among the top 10 cryptocurrencies. Shiba Inu would then plummet more than 85% and hover around $0.00001 with a market cap of $6.2 billion. To restore SHIB to its former glory, Ryoshi, the team behind the meme coin, has embarked on a series of token burns. The purpose of SHIB burns is to create scarcity and increase the value of the remaining tokens. The team has also developed a decentralized finance (DeFi) ecosystem around the token. This includes the launch of a decentralized exchange, a NFTs Marketplace, a Layer 2 scaling solution and metaverse platform. The goal is to create more utility for the SHIB token.
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Retik Finance: uniting digital and traditional finance
How could a cryptocurrency surpass Solana and Shiba Inu? A unique value proposition and an entry-level entry to the next big thing โ that's how. Retik Finance is a EthereumDeFi based platform that bridges traditional and digital financial gaps by reinventing how we interact with cryptocurrencies. One feature that has particularly caught the attention of cryptocurrency enthusiasts is the Retik DeFi debit cards. Retik Finance has collaborated with global payments companies such as Mastercard and Visa to provide debit cards that allow users to spend their crypto assets on daily living expenses with ease. These cards make it easy to convert cryptocurrency to cash on-site, allowing users to spend their cryptocurrency even in places that don't accept cryptocurrency payments. The cards also allow ATM withdrawals worldwide and up to 5% in cash back rewards. With a Retik DeFi debit card, you can easily make purchases or pay for dinner without having to go through a central exchange like binance for withdrawals. The cards are connected to Retik's DeFi wallet for seamless conversions. The wallet is also non-custodial and multi-chain. Users can maximize their earning potential by utilizing the liquidity of multiple decentralized exchanges while maintaining full control over their funds. Retik Finance goes further with Retik Pay, an innovative payment gateway that helps businesses integrate crypto payments, allowing them to leverage a trillion dollars. industry. Retik Pay goes beyond traditional payment processors by providing global reach, fast processing times, affordability, and fraud and chargeback protection. Retik Finance is the first of its kind, making it even more attractive to enthusiasts and investors.
Now what
As Retik continues to gain popularity, so does its pre-sale. The third phase of the campaign, the sale of RETIK for $0.05, is filling up quickly. After the pre-sale, RETIK will be launched on at least three top-tier exchanges. This puts Retik on track to match, if not surpass, Bonk's 500% rally. The platform is celebrating a $333K Giveaway to reward your first followers, and you can participate! Follow the project on their social networks and visit their website to find out how.
Click here to participate in the Retik Finance pre-sale
Visit the links below to learn more about Retik Finance (RETIK):
Website: https://retik.com/
White paper: https://retik.com/retik-whitepaper.pdf
Link tree: https://linktr.ee/retikfinance
