Retik Finance (RETIK) to outperform Dogecoin (DOGE) in 2024
Dec 11, 2023
VMPL
New Delhi [India], December 11: Bitcoin's next halving event is less than 150 days away. The next few months after this event will see explosive growth in the prices of nearly all crypto coins and tokens. Early preparedness is crucial if you are looking to capitalise on this opportunity. The coming three months are all you have to pick and choose from thousands of tokens in the cryptoverse.
This article evaluates the potential of two key players, Retik Finance (RETIK) and Dogecoin (DOGE). Specifically, it explains why market analysts believe RETIK will outperform DOGE in 2024.
Dogecoin (DOGE): Is the king of meme coins seeing the end of an era?
Dogecoin was created in 2013 by software developers Billy Markus and Jackson Palmer as a joke on the wild speculation in cryptocurrencies at the time. Despite its humorous origins, Dogecoin gained footing in the crypto industry. Today, DOGE ranks ninth on CoinMarketCap, with a market cap of $14.2 billion. The token peaked during the 2021 bull run when its market cap exceeded $80 billion.
The current price of Dogecoin is more than 85% below its all-time high price attained in May 2021. Several factors have contributed to Dogecoin's fall from glory.
One reason is the crypto winter that set in after the 2021 gains. Cryptocurrencies lost most of their value during this period. In addition, Dogecoin has lost most of its support, with influential figures such as Elon Musk, one of its chief campaigners in 2021, pulling away.
Today, Dogecoin faces stiff competition from other meme coins such as Shiba Inu, Pepe, and Grok. Each of these tokens has performed better than Dogecoin this year. Its large market cap also limits its growth against competing meme coins with a smaller cap.
Click Here To Take Part In Retik Finance Presale
Retik Finance (RETIK): A must buy before the 2024 bullrun
Retik Finance (RETIK) is a newly launched DeFi project that has taken the cryptocurrency industry by storm. RETIK's presale campaign sold over 11 million RETIK tokens and raised over $350 million in the first 48 hours of launch. These record numbers show the enthusiasm around this project and its fast-growing position as a market titan.
The main reason behind Retik's early success is its ecosystem of cutting-edge DeFi features, among them a multi-chain wallet, futuristic DeFi debit cards, a payment gateway, and an AI-powered peer-to-peer lending platform.
Retik's DeFi debit cards are a peek into the future of banking and payments. The cards bridge the traditional banking industry with the world of cryptocurrencies, allowing users to pay for their everyday needs in crypto. Retik Finance, through a partnership with established payment systems like Visa and Mastercard, provides on-site conversion of crypto to fiat currency, allowing cardholders to use their digital holdings even in establishments that may not directly accept crypto payments.
Retik's payment system, Retik Pay, provides a safe landing for businesses looking to venture into crypto payments. Retik Pay's cheap cost, speed, and global reach put it miles ahead of current payment systems. Built on a decentralised platform, Retik Pay guarantees that, as a merchant, you enjoy 100% of your earnings. There is no third-party entity to take a cut of your profits.
Click Here To Take Part In Retik Finance Presale
Retik's multi-chain wallet is a comprehensive solution, offering users the perks of a centralised exchange within a decentralised platform. The application has been hailed as one of the most secure Web 3.0 wallets.
Retik also powers the world's first AI-powered peer-to-peer lending platform. This feature elevates the borrowing and lending experience, protecting both parties from the downsides of traditional lending platforms.
RETIK vs DOGE: A shinier, thriving narrative vs a Dying one
Dogecoin dominated during the 2021 bull cycle, but its allure has been lost. On the other hand, Retik shows all signs of a bullish future. Its utility and innovation-based approach outmatch Dogecoin, which relies on internet hype. In addition, RETIK's small market valuation leaves a lot of room for growth, which cannot be said about Dogecoin.
Click Here To Take Part In Retik Finance Presale
Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com/
Linktree: https://linktr.ee/retikfinance
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
