The cryptocurrency market has recovered from its mid-November slump. Investors seem to have moved on from the Binance saga and SEC settlement as crypto coins and tokens start seeing notable increases.Pepe (PEPE), Retik Finance (RETIK), and Dogecoin (DOGE) are among the best performers this week. However, DOGE’s momentum is weakening, while PEPE and RETIK remain strong. What will each of these coins look like in 2024? Let’s examine. 

Will Dogecoin (DOGE) repeat 2021’s 23000% rally?

2021 was one of the best years for Dogecoin, with a 23000% increase. The surge, fueled mostly by the backing of influential figures such as Elon Musk, saw DOGE reach an all-time high of $0.7385 on May 8. Dogecoin is trading around $0.09, more than 85% below this peak. 

Several factors have contributed to this drop, including a crypto winter in 2022 that affected the whole industry. Elon Musk, who regularly tweeted about the coin, has also gone silent. Dogecoin is a meme coin and relies on online hype to sustain its market position. Support from an influential figure on social media will do wonders for such a coin. As a result, Mr. Musk’s seeming withdrawal of his support has hurt its price as social engagement declines.With the Bitcoin halving event less than 5 months away, Dogecoin will likely embark on another rally in 2024. However, this surge will be minimal unless DOGE finds another value driver like Elon Musk in 2021.

Pepe (PEPE) and Retik Finance (RETIK) look more promising

While Dogecoin struggles, PEPE and RETIK are preparing for an explosive 2024.

PEPE

PEPE is currently hovering around $0.000001, with a 20.6% price increase in the past month. PEPE, which debuted in April, became the first meme coin to reach a market cap of $1 billion in less than a month. PEPE quickly reached an all-time high of $0.00000431 on May 5. It has since retraced 69.28% to its current price. PEPE’s increasing trading volume and price are clear indicators of growing momentum. The token recently unveiled new product updates, including a new advisory team and the exploration of strategic partnerships and marketing opportunities, which might pave the way for another rally in 2024.

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Retik Finance (RETIK)

If you are looking for a presale opportunity in a future market titan, Retik Finance (RETIK) is your best bet. The project launched last week, sold out the first stage of its presale in less than 72 hours, and has raised over $700,000 in less than a week. Such success for a newly launched project indicates high investor activity and confidence.Retik Finance draws much of its allure from its cutting-edge products and features. Futuristic DeFi debit cards, a multi-chain non-custodial wallet, and a disruptive payment gateway stand out. 

Retik DeFi debit cards eliminate the disconnect between the traditional financial world and cryptocurrencies. They enable users to spend their crypto holdings effortlessly. You can spend the Bitcoin or Ethereum in your digital wallet to pay for groceries or fuel your car with the easy swipe of a card. Retik also partners with traditional payment systems such as Visa and Mastercard, allowing instant crypto-to-fiat conversions so that you can spend even at an establishment that may not accept crypto payments. 

Retik Pay is the go-to platform for businesses looking to incorporate crypto payments into their activities. It offers a cheaper-to-use, faster, and worldwide payment method, significantly improving the payment process. Retik Pay is user-centric and can be incorporated into existing e-commerce platforms with just a few clicks. 

Retik Wallet ties the whole ecosystem together.  It provides a comprehensive solution for traders by combining all decentralized exchanges (DEXs) into a single application and providing access to a variety of liquidity sources. Traders can use the wallet for all traditional DeFi activities such as swapping, farming, mining, staking, lending, borrowing, and shorting. In addition, Retik Wallet offers a new set of features that were previously only available through centralized exchanges.

Retik Finance is pushing the boundaries of what we can do with cryptocurrencies. It aims to revolutionize the global financial landscape by decentralizing the banking sector. Innovative features, a fast-growing investor community, and a seasoned team of developers combine to create the ideal recipe for success. Retik has the potential for 100x returns during the upcoming bull run.

The protocol is currently holding a giveaway to award its early investors. 10 winners will win up to $33,300 for completing a few tasks, such as joining the Retik community on Twitter and Telegram. Retik Finance is also a gold sponsor of the ongoing World Blockchain Summit in Bangkok, Thailand. The summit brings together innovative crypto minds, including Retik’s team, to explore cutting-edge initiatives in the blockchain space. 

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Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com/

Linktree: https://linktr.ee/retikfinance