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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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💥💥💥 #Polkadot Primed for Bullish Events Ahead, TikTok-Like Parachain in the Works, Could $DOT Price go 10x This Cycle? Polkadot is exploring new frontiers with plans to develop a TikTok-like Parachain, aiming to unlock SocialFi opportunities and drive significant growth. Founder of Project Liberty and McCourt Global Executive Chairman, Frank McCourt, has expressed interest in acquiring and revamping TikTok on the Polkadot network. The One Frequency Parachain is equipped to handle the vast social media traffic from TikTok, transitioning it into Web3 spaces and empowering users to own and control their identity and data through blockchain technology. In addition to this announcement, Polkadot has made several bullish strides recently. The founder of Global Accelerator plans to launch the first Web3 Founder Academy in collaboration with Polkadot. The "Behind the Code" documentary series has been updated with "Building the Future of #Web3 ." Signed copies of key blockchain documents, including the Ethereum Yellow Paper, JAM Gray Paper, and the Polkadot White Paper, are being auctioned, with proceeds going to charity. The highest bid for the JAM Gray Paper is currently 60,000 GLMR. Polkadot's bullish momentum is further supported by its upcoming appearances at major events. The #Blockchain will be featured at Consensus 2024 from May 29 to May 31, where attendees can explore its brand, ecosystem projects, and merchandise at booth 1209. Following this, Polkadot Decoded will occur from July 11 to 12 in Brussels, Belgium, with over 100 speakers and 100 blockchain projects. Additionally, Polkadot’s DePIN project, Peaq Network, has been accepted into Mastercard’s Start Path program. With these developments, Polkadot appears well-positioned for the anticipated crypto bull run. The current price of DOT is $7, according to CoinMarketCap. There is speculation about whether DOT could surpass its previous all-time high and potentially achieve a tenfold increase in value. This is not investment advice. Source - cryptonewsland.com
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🔥🔥🔥 The Big Day for the #cryptocurrency Market is Just 4 Days Away: Two Analysts Explain Their Views The US Securities and Exchange Commission (SEC) is set to make a crucial decision on the approval of Ethereum ETFs within the next week. However, Ric Edelman, President of the #digitalassets Council of Financial Professionals, believes the lack of a comprehensive regulatory framework for cryptocurrencies may result in a negative outcome. Edelman, a well-known investor and personal finance writer, anticipates another delay in the decision. “I think there will be another delay, which obviously isn't all bad news,” he said in an interview on CNBC's “ETF Edge” this week. The SEC faces two options in its decision on May 23: approval or rejection. However, a rejection could also imply a postponement. “Without clear regulations, investors are left to navigate the market on their own, outside the investment advisory community because advisors can't provide guidance without knowing the rules,” Edelman explained. This lack of regulation often leads to investors falling prey to fraud. Edelman also criticized SEC Chairman Gary Gensler for not establishing regulations, arguing that this inaction “actually hurts the consumer rather than helps.” On the other hand, Matt Hougan, Chief Investment Officer of Bitwise Asset Management, supports the need for new rules. Hougan contends that “80-year-old securities laws do not fit neatly into this world of digital assets, crypto, and 21st-century technology.” He believes everyone desires a safe and secure platform where investors are protected and innovation is encouraged. Bitwise has its own filing for a spot #EthereumETF , and Hougan remains optimistic. “We've entered the ETF era for crypto. We've seen #BitcoinETFs come to market and the positive impacts they've had on investors by lowering costs, improving regulations, and increasing safety and security. I think we'll achieve that with Ethereum as well,” he concluded. *This is not investment advice. Source - en.bitcoinsistemi.com #BinanceSquareTalks
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🔥🔥🔥 Crypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million The Solana-based platform Pump.fun recently fell victim to an exploit, leaving the #CryptoCommunity in a state of uncertainty regarding the extent of the damage. While exact figures and motives remained unclear, reports emerged suggesting millions of dollars in users' funds had been siphoned off, prompting comparisons to a crypto Robinhood. Initial reports indicated that Pump.fun's bounding curve contracts had been compromised, prompting the platform to halt all trading temporarily while investigations ensued. Pump.fun, created to protect crypto tokens from rug pulls, has become popular for influencers and users wanting to launch tokens without the traditional complexity and costs. The platform uses bonding curve contracts, which rely on a mathematical model to set token prices based on supply. Part of the liquidity is deposited on #Raydium for burning once the token's market capitalization reaches a specific threshold. Amidst conflicting community reports, some claimed the attacker had made off with a staggering $80 million from the platform's bonding curve contracts, sparking concern among affected users. Lookonchain's report suggested the attacker was swiftly identified, initially posing as an unaware user before accusing the platform's founders of withdrawing the stolen amount beforehand. A former Pump.fun employee exploited privileged access to private keys to steal 12,300 SOL ($1.9 million). Using flash loans from a Solana lending protocol, the attacker bought tokens on Pump.fun, accessed bonding curve liquidity, and repaid the loans once the tokens peaked in value. Fortunately, the attacker only accessed $1.9 million of the $45 million in contracts. In response, Pump.fun redeployed bonding curve contracts and pledged to seed liquidity pools with equal or greater SOL liquidity within 24 hours for affected users. They also announced a 0% trading fee for the next 7 days, significant given their daily fee revenue of $1 million. Source - www.newsbtc.com
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💥💥💥 #Worldcoin Launches #Ethereum #Layer2 "World Chain" to Enhance User Experience Led by Sam Altman's Tools for Humanity, Worldcoin has introduced the World Chain, an Ethereum Layer 2 blockchain aimed at enhancing efficiencies and simplifying user onboarding. This strategic initiative leverages Worldcoin's pioneering approach to verifying human users in an increasingly AI-dominated digital landscape. Introducing World Chain - World Chain operates atop the Ethereum network, providing a secure and efficient transaction layer. This transition to a Layer 2 solution aligns with Worldcoin's broader vision of managing expanding user bases while ensuring low transaction costs and high throughput. - World Chain prioritizes human-verified users, offering them preferential block space and complimentary gas, reducing Ethereum transaction fees. This approach incentivizes human engagement and mitigates bot influence, fostering a more authentic and secure network environment. - World Chain, built on the OP Stack #Blockchain framework, utilizes rollups technology to bundle transactions securely on Ethereum, ensuring permanence and cost reduction, similar to Coinbase's Base network. Transition to an Independent Chain - Worldcoin's shift to its own Layer 2 chain from operating solely as a decentralized application (DApp) via smart contracts on the Ethereum blockchain offers developers greater operational control and potential cost savings for users. - The launch of World Chain presents numerous benefits for developers, empowering them with the tools to reach millions of users. Emphasizing real-world utility, the platform appeals to developers interested in creating applications requiring verified human interaction. Worldcoin's Unique Identity Verification - Worldcoin's innovative "orb" scans users' eyeballs, ensuring verified human accounts for network security. Tools for Humanity promotes Worldcoin globally, with 10 million users in 167 countries, making it a significant cryptocurrency player. Source - bsc.news #CryptoTrends2024
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👉👉👉 #Telegram Founder Pavel Durov Says He’ll Hold $7 Million Notcoin Gift Until 100x Ahead of Thursday’s NOT token launch, players of the viral Telegram-based clicker game, Notcoin, exhibited generosity by donating a portion of their in-game coins to Telegram founder Pavel Durov. Now, this collective donation has translated into millions of dollars, and Durov intends to hold onto it, anticipating a potential 100x gain. In February, more than 552,000 #Notcoin players participated in the effort orchestrated by the Notcoin team, dubbed Open Builders, to express gratitude to Durov for his role in creating the messaging app housing the crypto game. Ultimately, Durov received over 1.03 billion NOT tokens, equivalent to slightly over 1% of the total Notcoin supply on The Open Network (TON). At the time of writing, this haul is valued at approximately $7.3 million, although it was slightly lower at $6.8 million when Durov shared the news earlier on Friday. With an estimated $15.5 billion fortune, Durov finds the monetary gain inconsequential and has no plans to sell. However, if the NOT token surges in value, he may sell to support Telegram further. Expressing his gratitude on Telegram, Durov remarked, “Half a million Notcoin users gifted me $6.8 million worth of Notcoin! Thank you. I will hold these coins until they turn to $680 million, at which point I will use them to buy more servers for Telegram.” Notcoin launched with a market cap of nearly $1.5 billion, making it the most significant gaming token debut of the year. However, it has since dropped by 50% to just above $0.007, according to CoinMarketCap. Despite being ranked 101st by market cap at $746 million, NOTcoin generated over $1 billion in trading volume within its first 24 hours post-launch. The coin is poised for a relaunch of its coin-tapping, crypto-earning game and aims to become the "Netflix of social, viral games," according to co-creator Sasha Plotvinov's interview with Decrypt's GG in April. Source - decrypt.co #CryptoNews🔒📰🚫
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