On today's occasion I want to share the difference between Shiba Inu (SHIB) and Retik Finance (RETIK) crypto lies in the theme it carries. SHIB carries a meme coin theme, but RETIK chooses to focus on DeFi which is currently on the rise again amidst the bullish crypto market.
What is Shiba Inu (SHIB)?
SHIB is indeed popular today, because it is able to provide returns of thousands of percent during the crypto market bull run in 2020-2021. After 3 years have passed, meme coin is still able to sit in the top 20 of the high-capitalization crypto market.
There are a number of reasons why SHIB is still popular today. Among these is because SHIB's core developers can present a number of features and products that form its ecosystem, for example Shibaswap as a DEX type DeFi for exchanging tokens and NFTs. There is also #Shibarium, a Layer-2 blockchain that enables token issuance and the creation of DeFi applications. That entire ecosystem and other features become the use case and value for the SHIB token issued on the Ethereum blockchain.
However, SHIB's popularity is overshadowed by other meme coins which also have large communities as a result of crypto differences, such as Pepecoin (PEPE), FlokiInu (FLOKI), Memecoin (MEME) made by 9Gag and so on.
Differences in Crypto Retik Finance (RETIK)
In contrast to Retik Finance (RETIK), which is currently entering the #presale phase, it has chosen to focus on the decentralized finance (DeFi) sector which is now on the rise again, as a result of the bullish crypto market since the end of October 2023. The crypto market is predicted to become greener, with Bitcoin prices could reach an all time high (ATH) just a few months after the 2024 #BitcoinHalving.
#Retik-Finance (RETIK) is a new crypto project that aims to make it easier for ordinary users to access and use DeFi. Among other things, Retik Finance is currently developing a Finance debit card. This physical card makes it easier to use crypto in physical stores to carry out transactions. This system is bridged by Retik Finance's sophisticated system.
"By making transactions using this debit card, users can get 5 percent cashback in the form of RETIK tokens," said the Retik Finance Team in a recent statement, adding that the debit card was made possible thanks to their collaboration with Visa and Mastercard.
They added that the RETIK crypto presale is currently priced at US$0.03 per token. In the first 2 days of this phase, it is claimed to have collected more than US$300 thousand.
Apart from that, there is a new technology crypto wallet that ensures a high level of security and comfort for its users. Apart from that, the user interface is made as intuitive as possible. This is the difference between RETIK crypto and other cryptos.
It is also claimed that the Retik Finance team will produce a peer-to-peer lending product, powered by artificial intelligence (AI). In this way, it facilitates the risk assessment process for lending. The differences in crypto are indeed unique, because each crypto project carries a different theme and product. The level of competition is getting tougher, but it can continue if it is able to attract the sympathy and hopes of crypto lovers, thank you, hopefully this is useful, greetings
Thanks for sharing differences between shib and retik
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Thanks for the comments @kawsar8035
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It's an informative article in which you talked about both the projects in detail and provided an analysis. It's helpful to determine and figure out some best parts about both. Pretty much helpful to make a decision of the investing and thanks to you for sharing with us.
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I also thank you for reading my post, greetings
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It was interesting learning about Retik finance and its difference from Shib. Thanks for sharing this educative article.
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