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🚀🚀🚀 This #shibaInu Rival will match the Market cap of SHIB in 2024, reckon experts 🚀🚀🚀 In the dynamic cryptocurrency landscape, Shiba Inu (SHIB) gained immense popularity as a meme coin, driven by community engagement and speculation. However, emerging as a potential rival is Retik Finance (RETIK), a #DEFI platform set to launch officially in 2024. Unlike SHIB, RETIK focuses on utility, offering a suite of services such as DeFi debit cards, secure wallets, AI-powered #P2P lending, and the innovative payment gateway Retik Pay. Key Contrasts: 1. Market Cap and Growth: SHIB's meteoric growth relies on hype, while RETIK's potential growth is utility-driven, suggesting a more sustainable trajectory. 2. Utility and Real-World Application: SHIB lacks real-world utility, while RETIK emphasizes practical financial solutions, potentially giving it a market cap edge. 3. Community vs. Ecosystem: SHIB relies on its community, while RETIK is building a comprehensive ecosystem beyond community-driven value. Retik Finance's Strategy: 1. Broadening DeFi Accessibility: Making DeFi more user-friendly to tap into a larger market. 2. Innovative Solutions: Introducing AI in P2P lending and DeFi debit cards to attract diverse users. 3. Building Trust and Reliability: Addressing security and transparency issues to establish user trust. Future Outlook: As 2024 approaches, the crypto market evolves with DeFi gaining prominence. RETIK's focus on utility and innovation positions it well in this trend. While SHIB may remain popular, platforms like RETIK, offering more than speculative value, could challenge its market cap. Conclusion: Retik Finance's potential to match SHIB's market cap signals a shift from meme-driven tokens to utility-based platforms. As investors seek sustainable growth and practical solutions, RETIK represents the future of crypto investment, ushering in a new era in digital finance. #CryptoNews🔒📰🚫 #BinanceSquareTalks $SHIB

🚀🚀🚀 This #shibaInu Rival will match the Market cap of SHIB in 2024, reckon experts 🚀🚀🚀

In the dynamic cryptocurrency landscape, Shiba Inu (SHIB) gained immense popularity as a meme coin, driven by community engagement and speculation. However, emerging as a potential rival is Retik Finance (RETIK), a #DEFI platform set to launch officially in 2024. Unlike SHIB, RETIK focuses on utility, offering a suite of services such as DeFi debit cards, secure wallets, AI-powered #P2P lending, and the innovative payment gateway Retik Pay.

Key Contrasts:

1. Market Cap and Growth: SHIB's meteoric growth relies on hype, while RETIK's potential growth is utility-driven, suggesting a more sustainable trajectory.

2. Utility and Real-World Application: SHIB lacks real-world utility, while RETIK emphasizes practical financial solutions, potentially giving it a market cap edge.

3. Community vs. Ecosystem: SHIB relies on its community, while RETIK is building a comprehensive ecosystem beyond community-driven value.

Retik Finance's Strategy:

1. Broadening DeFi Accessibility: Making DeFi more user-friendly to tap into a larger market.

2. Innovative Solutions: Introducing AI in P2P lending and DeFi debit cards to attract diverse users.

3. Building Trust and Reliability: Addressing security and transparency issues to establish user trust.

Future Outlook:

As 2024 approaches, the crypto market evolves with DeFi gaining prominence. RETIK's focus on utility and innovation positions it well in this trend. While SHIB may remain popular, platforms like RETIK, offering more than speculative value, could challenge its market cap.

Conclusion:

Retik Finance's potential to match SHIB's market cap signals a shift from meme-driven tokens to utility-based platforms. As investors seek sustainable growth and practical solutions, RETIK represents the future of crypto investment, ushering in a new era in digital finance.

#CryptoNews🔒📰🚫 #BinanceSquareTalks $SHIB

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👉👉👉 How Asia’s next crypto #Investment wave will be ignited from #BitcoinETFs In the past 24 hours, the cryptocurrency market has experienced significant selling pressure, resulting in over $900 million in liquidations. #Ethereum (ETH) has dropped by 8% to around $3,250. Whale Activity: - Several prominent whales and institutions have contributed to the selling pressure in Ethereum. Transactions totaling 31,683 ETH, worth approximately $106 million, have been executed. Cumberland deposited 17,206 ETH ($57.3 million) onto exchanges, 0xC3f8 transferred 7,976 ETH ($26.6 million) to Binance, 0x1717 deposited 4,000 ETH ($13.32 million) into exchange platforms, and Alameda/FTX deposited 2,500 ETH ($8.33 million) into Binance. An unknown wallet also transferred $158 million worth of ETH to Binance, indicating potential further sell-offs. Concerns Raised by Analyst Fred Krueger: - Crypto analyst Fred Krueger expressed concerns about Ethereum's narrative, citing ongoing investigations involving the Ethereum Foundation and a Wells Notice issued for UniSwap. The absence of an Ethereum Exchange-Traded Fund (ETF) and a shift away from non-fungible tokens (#NFTs ) towards ordinals were noted. Additionally, Krueger highlighted the emergence of Solana as a competitor and the diminishing appeal of Ethereum's "Ultra Sound Money" narrative. Impact on Ethereum Price: - The recent correction has breached major support levels for Ethereum, with a possibility of the price dipping below $3,000 if selling pressure persists. Source - coingape.com #BinanceSquareTalks
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👉👉👉 Why #CryptoMarket Is Down Today? Here Are Top Reasons Today, the #cryptocurrency market witnessed a significant downturn, echoing a broader sell-off in traditional markets fueled by geopolitical tensions and economic uncertainty. Cryptocurrencies swiftly followed suit as traditional markets stumbled. During afternoon trading in the United States, Bitcoin plummeted below $66,000, retreating from its recent peak near $71,000. At the time of writing, Bitcoin has rebounded to $69,934, marking a 5% decline in the past 24 hours. #Ethereum also experienced a sharp drop of 12%, initially falling to $3,100 before recovering to $3,230. The decline was characterized by rapid and steep losses, particularly impacting leveraged traders. Futures market data revealed significant liquidations, totaling over $400 million in just one hour. Binance and OKX exchanges were hit the hardest, with liquidations totaling $171 million and $158 million, respectively. Across the market, a staggering $860 million was wiped out across 270,993 traders within the last 24 hours, according to Coinglass. This market downturn coincided with a dip in U.S. stock markets, responding to new inflation data indicating a third consecutive month of acceleration. The unexpected increase in the Consumer Price Index (#cpi ) dampened hopes for near-term Federal Reserve interest rate cuts, exacerbating concerns about inflation control. Despite the turmoil, Bitcoin managed to increase its market dominance to nearly 56%, reaching a peak for this market cycle. This highlights Bitcoin's resilience as the leading cryptocurrency, even amid market turbulence. Looking ahead, the crypto community is anticipating the upcoming halving event scheduled for April 21. Historical patterns and expert analyses, including insights from Arthur Hayes, suggest that the event could trigger further price corrections. Today's market movements reflect a complex interplay of investor sentiment, economic indicators, and anticipation of significant crypto events on the horizon. Source - coinpedia.org #CryptoNews🔒📰🚫
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🔥🔥🔥 As #shibaInu Stays Above $0.000024, Here’s How Much You Need to Make $1M if $SHIB Rises 1000% The recent slump in the Shiba Inu price has created an opportunity for investors to acquire it at a discounted rate, aligning with the goal of achieving a $1 million portfolio. #cryptocurrency markets have recently witnessed a downturn, with Bitcoin (BTC) plummeting below the $65,000 mark, primarily triggered by hotter-than-expected U.S. inflation data. This has led to a sell-off in risk assets as investors seek safer havens. Shiba Inu has also been affected by this market turmoil, experiencing a significant decline. However, many see this as a chance to buy the dip and acquire assets at reduced prices. Yesterday, Shiba Inu dropped to a one-month low of $0.00002140 before recovering slightly. Despite trading above the $0.000024 level, it remains down by 11% over the last 24 hours, with a notable 10% decline recorded yesterday. Currently priced at $0.00002450, investors seizing the opportunity to buy Shiba Inu at a discount are entering the market, accumulating more tokens in anticipation of a potential price recovery towards the $0.00003 region. Some market participants have set ambitious targets for SHIB, envisioning a 1,000% increase. At its current position, Shiba Inu would reach a high of $0.0002695 if it achieves this target. While this represents a lofty goal, analysts from platforms like Changelly believe it's possible, albeit not during this market cycle. Changelly analysts project a timeline of March 2030 for Shiba Inu to hit $0.0002695, while Telegaon predicts an average price of $0.000289 by 2028. Investors are considering the potential for a 1,000% surge in SHIB, calculating how much they'd need to invest to reach $1 million. At the projected price of $0.0002695, around 3.7 billion SHIB tokens, valued at $90,909, would be required. However, it's crucial to approach such projections cautiously, considering the speculative nature of cryptocurrency markets. Source - thecryptobasic.com #CryptoNews🔒📰🚫 #BinanceSquareTalks #CryptoTrends2024
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#ripple vs. #SEC Lawsuit Over? Is Settlement Expected on April 16th? Crypto enthusiast Ashley Prosper initiated a comprehensive discussion on Twitter, delving into the ongoing legal clash between Ripple Labs & the Securities and Exchange Commission (SEC). She underscored a pivotal opinion from the 2nd Circuit Court, asserting that the SEC cannot mandate disgorgement without evidence of financial losses to investors. This stance directly impacts the SEC's case against Ripple, where no clear investor harm has been demonstrated. Prosper highlighted an unexpected settlement conference following the SEC's failure to substantiate investor losses in their remedies & judgment brief. This conference, lasting longer than anticipated, occurred without Ripple responding to the SEC's brief beforehand. In her roundup, Prosper outlined various SEC actions impacting the wider crypto sphere, including Ethereum investigations and a Wells notice sent to #UniSwap . She also noted significant Ripple developments, such as their #stablecoin plans announcement and the unscheduled release of escrow funds, alongside legislative advancements in stablecoin regulation. Separately, crypto expert Mr. Huber expressed concern that despite seemingly positive news, XRP experienced a 70% decline against other #cryptocurrencies . He cautioned that a settlement during a bullish market might negatively affect retail investors, suggesting that not all "good news" is advantageous. Recently, Ripple's Chief Legal Officer Stuart Alderoty referenced the SEC's setback in the Aron Govil case, where the 2nd Circuit dismissed the SEC's appeal. Alderoty interpreted this decision as affirming that disgorgement claims without financial loss lack validity—a promising sign for Ripple. Echoing this sentiment, lawyer Bill Morgan highlighted the potential benefits for Ripple if institutional investors are found not to have suffered financial harm in the Govil case. However, Morgan emphasized the uncertainty of the outcome pending further responses from Ripple to the SEC's allegations. Source - coinpedia.org
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