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Home»DeFi»Will Bitcoin (BTC) see a price of $120,000 in 2024? Experts recommend buying this DeFi token instead
DeFi

Will Bitcoin (BTC) see a price of $120,000 in 2024? Experts recommend buying this DeFi token instead

2023-12-11No Comments4 Mins Read
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2024 will be an exciting year for the cryptocurrency market and community. Bitcoin (BTC), the ecosystem’s most valuable coin, will undergo its fourth halving. This event, which happens every four years, halves the reward for mining Bitcoin transactions, along with inflation.

But that’s not what investors are excited about. After Bitcoin’s halving, a market-wide price increase followed, resulting in new highs. In doing so, crypto investors realize enormous profits. That’s the exciting part. The 2024 halving will take place in April.

In addition to Bitcoin, cryptocurrency investors are purchasing Retik Finance (RETIK) ahead of this event. The DeFi sensation has recently become an investor favorite, thanks to its innovative ecosystem. In this article, we evaluate Bitcoin and Retik Finance to see which has the most potential for a successful year.

Click here to participate in the Retik Finance pre-sale

Bitcoin (BTC): Will the King of Crypto Cross the $100,000 Mark?

Bitcoin has come a long way since its launch in 2009. Its value has risen from a worthless invention to an $800 billion sensation. The current price of BTC is approximately $43,800 per bitcoin. This is 36% below the all-time high price of $68,770 achieved on November 10, 2021.

Bitcoin has had a bullish 2023, rising over 130%. One of the reasons behind Bitcoin’s price increase in 2023 was the halving. Another reason is speculation about the creation of the first Bitcoin spot exchange-traded fund (ETF) in the US. Several asset managers have already filed with the Securities and Exchange Commission, awaiting approval. The adoption of a Bitcoin spot ETF will potentially increase the demand and price of Bitcoin.

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But even with the adoption of spot ETFs and halving as price catalysts, Bitcoin’s price may not skyrocket as its value is already very high. Traditionally, large market cap cryptocurrencies perform only moderately well, even during a bull market.

Click here to participate in the Retik Finance pre-sale

Retik Finance (RETIK): a safer investment

Although Bitcoin’s growth remains limited in 2024, Retik Finance (RETIK) is emerging as a more profitable investment. Retik Finance has a significant lead over Bitcoin and most other cryptocurrencies because it is a newcomer to the market. This means that its potential remains untapped and no long-term investor wants to part with their investments. Retik gives everyone an equal opportunity to invest early in a future titan. Think of Bitcoin at $0.05 in 2010.

What is Retik Finance?

Retik Finance is an Ethereum-based DeFi platform that aims to revolutionize the traditional financial landscape. In concrete terms, Retik tries to bridge the gap between the traditional banking sector and cryptocurrencies.

One of the standout features of the platform is its innovative DeFi Debit cards, which allow holders to spend crypto directly from their wallets. Traditionally, users have to convert their crypto into fiat currency through a central exchange like Binance and then withdraw it to a bank account. However, Retik’s DeFi payment cards allow them to charge their daily expenses directly to their Web 3.0 wallet, in both crypto and fiat currencies. The cards can also be used for cash withdrawals from ATMs worldwide.

For businesses looking to adopt cryptocurrency payments, Retik presents Retik Pay: a secure, cost-effective and flexible payment system. Retik Pay integrates with any e-commerce platform, allowing businesses to grow their customer base effortlessly.

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Retik Finance also appeals to the DeFi savvy with a comprehensive wallet solution. The Retik Wallet is a highly secure, multi-chain Web 3.0 wallet that allows users to trade, mine, short, lend and lend without having to jump from one application to another. The wallet is also linked to the DeFi payment cards, allowing faster crypto-to-cash conversions.

Retik’s pre-sale campaign

Retik’s native token, RETIK, is currently on pre-sale. The campaign was a huge success, selling more than 15 million copies within 72 hours of going live. This early success is a testament to the project’s potential. Market analysts predict up to 1000x earnings by the end of 2024, surpassing Bitcoin’s suggested 10x.

Click here to participate in the Retik Finance pre-sale

To learn more about Retik Finance (RETIK), visit the links below:

Website: https://retik.com/

Link tree: https://linktr.ee/retikfinance

Disclaimer: This is a paid post and should not be treated as news/advice.

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Bitcoin BTC buying DeFi Experts Price recommend Token
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