Shiba Inu (SHIB) and Dogecoin (DOGE) were two of the best-performing cryptocurrencies during the 2021 bull run. Each saw an immense rally that made a ton of crypto millionaires. But can they repeat this performance in 2024? More specifically, can the new shiny Retik Finance?Retik Finance (RETIK) is a newly launched DeFi platform that aims to reshape the financial landscape. RETIK is available for purchase in presale for $0.05. The presale has raised over $1.5 million in a little over a week. The first stage of this campaign saw investors snap up 15 million RETIK within 72 hours. This success shows a lot of investor interest and confidence in the project. So, can SHIB and DOGE measure up? Let us find out.
SHIB vs DOGE: 2024 Price Prediction
Billy Markus and Jackson Palmer created Dogecoin in 2013 as a joke, mocking the speculation around cryptocurrencies. DOGE defied its humorous origins and gained popularity, becoming a top player in the cryptoverse. It is currently the 10th largest cryptocurrency, with a $13.2 billion market.Shiba Inu debuted in 2020 as an Ethereum-based Dogecoin competitor. It was created by an anonymous developer group, Ryoshi. SHIB and DOGE engaged in intense rivalry in 2021 as they competed for the same investor pool. Shiba Inu exploded 43 million percent, briefly surpassing Dogecoin in market cap. Shiba Inu’s market cap has since dropped from $44 billion at its peak to $6.2 billion, placing it 16th.Every cryptocurrency will rally during the upcoming bull run. Most—but not all—will break their all-time highs. According to a CoinCodex price forecast, SHIB’s price will remain below its ATH in 2024, trading between $0.000009637 and $0.00002298. Dogecoin will not also break its high. DOGE is expected to trade between $0.079029 and $0.415738.
Retik Finance (RETIK): A new DeFi giant with 100x potential
Two main reasons limit SHIB and DOGE’s potential to break their ATHs—limited utility and bag holders. DOGE and SHIB have little to no use outside of investor speculation. Their prices are solely determined by social media hype and mood, making them extremely risky. There are also DOGE and SHIB investors who did not profit before the 2022 market crash. These “bag holders” will be looking to sell when prices rise again, potentially pushing prices lower.Retik Finance (RETIK) is a chance at something new with immense potential. Its features will be key price and adoption drivers in the upcoming bull run.One notable feature is the DeFi debit cards. These cards are linked to the holder’s Web 3 wallet, where each expense is charged. Holders of Retik DeFi debit cards can use their cryptocurrencies for real-world expenses in fiat and cryptocurrency forms. They can also make withdrawals at ATMs worldwide and are eligible for up to 5% in cashback rewards.Retik’s DeFi wallet facilitates seamless crypto-to-cash conversions. Consider it a “Binance” that you have complete control over. The multichain wallet offers DeFi users multiple liquidity sources, thus increasing profit potential.One of the provisions of the wallet is lending and borrowing. It offers the world’s first AI-powered paper-to-peer lending platform. The platform uses machine learning technology to improve the lend-borrow process and eliminate issues associated with traditional lending systems.
Retik Pay provides a user-centric platform for Web 2.0 businesses looking to integrate crypto payments. It is a cheap, scalable solution that offers faster processing times and protection against fraud and chargebacks.These characteristics elevate Retik Finance above Shiba Inu and Dogecoin in terms of utility value. They also lay the groundwork for a sustained rally, with analysts predicting that RETIK will break above $10 during the upcoming bull run. Retik Finance is holding a $333K mega giveaway as gratitude to its early backers. Ten lucky winners will each receive $333K in RETIK. If you are short on cash, this is a simpler way to become a RETIK holder. Retik has undeniable potential, and there is no better time to invest than now before prices rise.
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