Ethereum has been on an upward trajectory for the past 5 weeks, recently breaking above the $2,250 mark for the first time since the TerraUST crash in May 2022.
Read CRYPTONEWSLAND onEthereum started climbing in mid-November after global investment manager Blackrock filed for a Spot ETH ETF. Increasing investor demand in digital assets pushed the price further above $2,200 last week. As the price of Ethereum continues to rise, one question emerges: Is the digital asset going to attain a new all-time high price in 2023? In this article, we seek to answer this question and evaluate the potential of Retik Finance, a newly launched cryptocurrency gaining more attention.
Ethereum (ETH) is a proof-of-stake (PoS) blockchain platform and cryptocurrency launched in 2015. Ethereum aims to broaden the applicability of blockchain technology by integrating financial products and services, such as lending and borrowing.
As of December 10, 2023, Ethereum is trading around $2,357, with a 24-hour volume of $14.56 billion and a live market cap of $283.35 billion. The price represents a 1.13% decrease in the last 24 hours and a 10.21% increase in the last week. Ethereum attained an all-time high price of $4,867.17 on November 10, 2021. Its current price is a 52% drop from this mark.
Ethereum is currently enjoying bullish market sentiment, with a Fear & Greed Index mark of 74 (Greed). This shows increased buyer interest. Coincodex predicts that Ethereum will continue its climb to around $2,500 by the end of the year. Coinpedia, issues a more bullish prediction, predicting up to $2,600 for ETH by the end of the year. These predictions, while bullish, still fall far from Ethereum’s ATH price.
Click Here To Take Part In Retik Finance Presale
While Ethereum’s explosive growth seems to be losing steam as we near the end of the year, a better opportunity arises—Retik Finance (RETIK). The decentralized finance (DeFi) newcomer took the crypto ecosystem by storm this week, selling out the first stage of its presale allocation within 72 hours of going live. The presale campaign, currently in stage two, continues to see record-high inflows as investors hurry to invest at a discount.
The key reason behind the early-stage success Retik Finance (RETIK) continues to see is a unique value proposition. For a long time, there has been a disconnect between the Web 2.0 and Web 3.0 financial worlds. Retik Finance (RETIK) bridges this gap, ushering in a new era.
One standout feature of Retik Finance is DeFi debit cards. The DeFi debit cards enable users to spend cryptocurrencies directly from their wallets on day-to-day expenses such as grocery shopping. Retik Finance has partnered with traditional payment systems like Visa and Mastercard to facilitate on-site crypto-to-cash conversion, allowing users to spend their digital assets even at establishments that may not directly accept crypto payments. What’s more, Retik DeFi debit card holders are eligible for up to 5% in cashback and can use the cards to withdraw at ATMs worldwide.
The debit cards are linked to Retik Wallet, a decentralized, non-custodial, multi-chain wallet to facilitate seamless crypto-to-cash conversions. The wallet features multiple layers of security, making it one of the safest in Web 3.0 technology.
Retik Finance (RETIK) is also actively innovating on the business front. Retik Pay provides an avenue for web 2.0 businesses looking to integrate crypto payments. It is compatible with any e-commerce platform, cheaper than traditional systems, and can be used globally.
Retik Finance is currently offering investors the opportunity to become early investors in a potential crypto titan by participating in its ongoing presale campaign. According to a recent market analysis, Retik Finance is on track for up to 100x returns in 2024, thanks to its low market cap and unique value proposition.
Click Here To Take Part In Retik Finance Presale
Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com/
Linktree: https://linktr.ee/retikfinance
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