3 tokens under $1 set to replace Shiba Inu
Release: 2023/12/29 11:49 Reading: 599
Shiba Inu (SHIB) was one of the top performers during the 2021 bull cycle. The canine coin soared over 43 million percent to an all-time high of $0.00008819 on October 28, 2021. The rally also saw SHIB briefly overtake Dogecoin to become the largest meme coin, with a market cap exceeding $44 billion.Shiba Inu fell 88% over the next two years to its current price of $0.00001079. The token has continued to lag behind the rest of the cryptocurrency market in terms of growth. SHIB is now in danger of being surpassed by other cryptocurrencies. Favorites include Bonk (BONK), Pepe (PEPE), and Retik Finance (RETIK).
Bonk (BONK)
Bonk is a Solana-based meme coin that debuted on Christmas Day 2022. 50% of the total BONK supply was airdropped to the Solana community as a Christmas gift for their contribution. Beneficiaries included NFT collectors, artists, creators, developers, and active community members. Bonk aims to become a "community coin” for Solana, challenging the dominance of predatory VC-backed tokens by empowering the Solana community. The current price of Bonk is $0.00001585, with a market capitalization of $1.59 billion. The price has soared over 8000% in the past three months. BONK's latest surge began with the launch of single-sided staking BONK pools, allowing users to earn rewards on BONK without a second asset. A week ago, Coinbase also announced listing the token, pushing the price even higher. Bonk is currently the third-largest meme coin in the industry, directly behind Shiba Inu, which has a market cap of $6 billion.
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Pepe (PEPE)
Pepe is an Ethereum meme coin that debuted on April 14, 2023. Like most meme coins, Pepe pays homage to a meme—the beloved Pepe the Frog meme. Pepe exploded shortly after launch and became the fastest cryptocurrency to reach a $1 billion market cap, accomplishing this feat in 19 days.Pepe's market cap has grown dramatically after an initial drop and is now worth approximately $584.51 billion. Its price has also increased significantly in the last three months, rising 93.67% to an impressive $0.000001380.
Retik Finance (RETIK)
But it is not meme coins alone that are threatening to oust Shiba Inu. Retik Finance is an Ethereum-based DeFi platform that has shown the potential for a rally similar to SHIB’s in 2021. Retik Finance, currently available for purchase in presale at $0.05, aims to reshape the global payments industry to make it more crypto-friendly. The Retik Finance ecosystem is designed to bridge the gap between digital and traditional finance. Its features include:
DeFi debit cards: These cards allow users to use their crypto assets to make real-world payments. Retik has collaborated with traditional payment providers such as Mastercard and Visa to enable seamless crypto-to-cash conversions. This enables cardholders to use the cards even in locations that do not accept direct crypto payments.
Non-custodial, multichain wallet: The Retik Wallet is linked to the cards to facilitate balance monitoring and crypto-to-cash conversions. The wallet also provides access to various DeFi activities such as swapping, staking, yield farming, lending, and borrowing without switching between applications.
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Payment gateway: Retik Finance also provides a decentralized payment system that allows users to integrate crypto payments effortlessly. Retik Pay improves on the traditional payment system with advantages such as affordability, fraud and chargeback protection, global access, and fast payment processing.
AI Lending: Retik Finance provides the world's first AI-powered P2P lending platform. The platform uses the disruptive power of artificial intelligence to match lenders and borrowers more efficiently, avoiding issues such as loan default.
Retik Finance in Presale
Retik's ongoing presale campaign has seen remarkable success. The two-week-old campaign has sold over 50 million RETIK tokens and raised over $2 million, demonstrating growing investor confidence. Retik Finance will be listed on at least three top-tier exchanges after the presale. This will draw more attention and liquidity to the platform, which is necessary for long-term success.A robust ecosystem, presale success, a loyal community of investors, and an expansive room for growth make Retik a formidable contestant in the race toward ousting Shiba Inu. Crypto enthusiasts also have a unique opportunity to participate in an ongoing Retik Finance mega giveaway and win a share of a $333,000 prize pool.
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Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com/
Whitepaper: https://retik.com/retik-whitepaper.pdf
Linktree: https://linktr.ee/retikfinance
Source: https://thebittimes.com/3-tokens-under-1-set-to-replace-shiba-inu-tbt75063.html
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