Smart money has a massive influence on the cryptocurrency market, and inexperienced investors look up to it for guidance. With the volatility in the cryptocurrency market, investors are on the lookout for the coins that have gained the most attention from smart money investors.Luckily, analysis has shown the three coins that these crypto big shots are most interested in. Shiba Inu (SHIB), Pepe coin (PEPE), and Retik Finance (RETIK) have received significant attention, signifying their interest in investing by April.
Shiba Inu (SHIB)
Shiba Inu has been gaining attention from smart money, resulting in increased whale activities and an exciting wave of positive promotion from influential communities. Although SHIB has faced a recent correction, analysts predict a train of upward trajectory as it finally broke out from the trendline resistance. Currently witnessing a 20% increase in the past seven days and a whopping 200% in 30 days, SHIB remains bullish.A recent buzz has arisen due to Buterin, Ethereum co-creator’s positive remark about SHIB. Buterin, in a reply to a tweet on his SHIB donation, said he expected the price to drop by 100x in a few days. However, to his surprise, Shiba Inu outperformed his expectations. This declaration saw a significant rise in the price of SHIB within 24 hours and may cause a long-term ripple effect.
At the same time, the price surge closely follows the announcement of new listings for SHIB and BONE, signifying a broader acceptance of Shiba Inu. With Shibarium’s locked stash rising to reach $3.85 million TVL and a supportive Shib Army, the market sentiment, including smart money, favors Shiba Inu.
Pepe Coin (PEPE)
Pepe coin is one of the meme coins that witnessed massive gains amidst the meme saga. Currently ranking third meme coin according to market cap, the frog-themed coin is an eye-catcher for smart money investors. Witnessing an outstanding 500% gain in the last 30 days and 29,000 new users within 20 days, analysts forecast a potential rally. Following technical indicators, the trading graph shows an ascending triangle pattern that usually precedes a potential upward trajectory assisted by the market correction in mid-March when PEPE saw a momentary surge to a psychological support threshold. Coincidentally, PEPE simultaneously experienced a 50% Fibonacci retracement level, allowing it to gain momentum and spark increased investor interest. The 20-day EMA is bullish, and PEPE has shown resistance, potentially heading for a bull rally.
Retik Finance (RETIK)
Although Retik Finance (RETIK) is new to the cryptocurrency world, it has the potential to emulate the success of Shiba Inu (SHIB). It has been gaining attention from smart money in recent times.Retik Finance has surpassed the expectations of smart money, including cryptocurrency enthusiasts, with an impressive completion of its presale, which saw a surge of over 400% in just two months and $32 million raised.With a breath gap, it launched its innovative DeFi debit card a year ahead of schedule. Retik debit card is set to revolutionize the DeFi space.What makes Retik Finance unique from the rest is its array of practical utilities put in place to enhance its relevance in the cryptocurrency market and bring about a long-term value appreciation.It has a promising impact with its revolutionary strategy for decentralized finance (DeFi). With a suite of its products, which includes the Retik Wallet, Retik Pay, and Retik DeFi Debit Card, consumers have a simple entry to decentralized banking services and also preserves the security and transparency of blockchain technology.
There are many innovative features and applications in its pipeline. With this, Retik Finance tends to carve a niche amidst the competitive landscape of crypto coins. The analyst’s optimistic views on Retik Finance as a prospective 2024 Shiba Inu emphasize the token’s potential to attract the market and captivate the interest of investors seeking the next ample opportunity. Currently, Retik Finance (RETIK) awaits an exchange debut and in the coming days, meaningful information about the token listing and vesting schedule will be disclosed on Retik Finance’s social media channels.
Conclusion
With Bitcoin bulls bracing up for a potential price rally, smart money has been shifting attention to alternative coins that have unique value propositions and development chances. Shiba Inu (SHIB), Pepe coin (PEPE), and Retik Finance are the three coins getting the utmost attention from investors and cryptocurrency enthusiasts recently.
Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com
Whitepaper: https://retik.com/retik-whitepaper.pdf
Twitter: www.twitter.com/retikfinance
Telegram: www.t.me/retikfinance
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