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  • Home / Cryptocurrency

Analysts: Ditch Shiba Inu, consider Retik Finance in 2024

Experts project Retik Finance’s 2024 listing could trigger 2,500 per cent price upsurge , taking it over $2.1 price mark from current $0.080.

  • Kanishka Birat
  • Last Updated : January 19, 2024, 20:37 IST
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Utility tokens are fast gaining popularity. (Photo Credit: Twitter/@retikfinance)
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Retik Finance’s growing acceptance has drawn positive views from prominent Crypto analysts all around the world. The utility token has been seen as a problem solver of many challenges currently being faced by other cryptocurrencies. Experts project Retik Finance’s 2024 listing could trigger 2,500 per cent price upsurge , taking it over $2.1 price mark from current $0.080. So much so is the popularity of the utility rich token, that, crypto experts have deduced that people should reconsider their investment in Shiba Inu and rather look to invest in Retik Finance.

Why so much fame for Retik Finance?

1. Shift in Investor Sentiment:

Utility tokens are fast gaining popularity. Shift is seen in investor sentiment from meme tokens to utility tokens. The purposeful nature of the latter has attracted investor attention. In such a scenario, crypto experts have advised people that they should consider investment in utility tokens rather than meme tokens. And in utility space, Retik Finance is seen as a dark horse.

2. Solves issues faced by traditional financial system:

The purpose of this cryptocurrency is not to become a challenge for traditional financial landscape. Rather it seeks to solve challenges faced by traditional financial instruments. This cryptocurrency does not seek to replace fiat money. Rather it seeks to build bridges between cryptocurrencies and fiat money. It provides payment platform for seamless transaction of fiat money. It seeks to provide platform that would enable swift processioning of fiat money payments all around the globe.

Moreover, Retik Finance provides payment functions to apps of various fintechs.

With all these factors combined, and with so much of utilities to offer, Retik Finance is being touted as cryptocurrency of the future. Plus, meme tokens like Shiba Inu are being looked at being of no productive use.

Currently, Retik Finance is only available at presale stage 6. Pre-sale stage means the cryptocurrency is being sold while it is still in development stage. Interested investors generally get to buy cryptos at pre-sale stage at discounted price. While, the company behind that cryptocurrency gets fund to finance completion process of their projects.

(With inputs from PTI)

Published: January 19, 2024, 20:37 IST

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