Three Must-Buy Cryptocurrencies in 2024; Why Is Polygon (MATIC) Not One of Them?

Three Must-Buy Cryptocurrencies in 2024; Why Is Polygon (MATIC) Not One of Them?

Identifying the most promising assets can be a challenging and the most astute task in the crypto market. However, prominent experts in the crypto world have hand-picked three cryptocurrencies as the must-buy options for 2024: Dogwifhat (WIF), Pendle (PENDLE), and Retik Finance (RETIK). These coins have shown remarkable potential for exponential growth, surpassing even the widely known Polygon (MATIC). This article delves into the reasons behind the omission of MATIC and explores why WIF, PENDLE, and RETIK have emerged as top contenders in the crypto market.

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Dogwifhat (WIF): Riding the Parabolic Wave

WIF’s Impressive Performance was inspired by Dogecoin and WIF has experienced a parabolic surge in 2024, with a remarkable 133.16% increase in the past month alone. With an all-time high of $4.85 on March 31st, WIF has attractive potential options for bullish backers who believe in its potential to reach the $400 mark by the end of 2024, representing over 100x growth from its current trading price.Backed by a community of bullish supporters, WIF has demonstrated incredible momentum, with a recent 0.56% rise in the last 24 hours and a notable 25.03% increase over the past 7 days. As a meme token built on the Solana blockchain, WIF has capitalized on the network’s scalability and efficiency to fuel its parabolic run in the cryptocurrency market.

Pendle (PENDLE): Rising Investor Interest

Pendle (PENDLE) has garnered increasing attention from investors. Pendle’s live market capitalization stands at $1,355,936,244, securing its position at rank 81 among cryptocurrencies and highlighting growing investor interest. Investors have shown confidence in Pendle’s potential, as evidenced by the coin’s notable increase of 13.68% in value and a positive momentum trend observed in recent trading activities. Technical analysis of the PENDLE/TetherUS pair indicates a 12.53% rise in the last 24 hours and a remarkable 36.46% surge over the past 7 days, signalling strong investor sentiment and bullish market conditions. With a promising outlook for future initiatives, Pendle has emerged as a top contender in the cryptocurrency market, capturing the interest of traders seeking substantial returns.

Retik Finance (RETIK): A Vision for Empowerment

Retik Finance (RETIK) has experienced exponential growth, surging from an initial price of $0.030 to $0.12 within a short period, with experts predicting a staggering 50,000% rise by the end of 2024.The platform’s comprehensive ecosystem, including the Retik Wallet, DeFi Debit Cards, and Retik Pay, is designed to revolutionize the banking sector and empower individuals and businesses worldwide.The initial projection for the launch was Q4 2025, but RETIK has accelerated its rollout, demonstrating a forward-looking approach to adopting cutting-edge technologies and providing users with seamless digital and traditional finance solutions. With its ambitious vision and remarkable growth trajectory, Retik Finance stands out as a must-buy cryptocurrency in 2024, allowing investors to participate in the future of decentralized finance (DeFi) and capitalize on potential high returns.

Why Polygon (MATIC) Misses the Mark

MATIC has seen a decline of nearly 9.32% since March 28, falling below $1 and reaching a long-term ascending support trend line. The daily time frame analysis reveals that MATIC has traded within a long-term ascending parallel channel since October 2023, with recent rejections by the channel’s resistance trend line indicating a lackluster performance. Going by the top expert prediction, MATIC is projected to only rise to $2 from its current price of $0.92, falling short of the exponential growth potential offered by WIF, PENDLE, and RETIK. While Polygon (MATIC) has previously held a prominent position in the cryptocurrency market, its recent performance raises concerns about its ability to deliver significant returns in the upcoming year.

Navigating the Crypto Landscape 

As experts hand-pick the top cryptocurrencies for 2024, the omission of Polygon (MATIC) underscores the emergence of new contenders in the crypto market. Dogwifhat (WIF), Pendle (PENDLE), and Retik Finance (RETIK) have demonstrated remarkable potential for exponential growth, making them must-buy options for investors seeking significant returns.  While MATIC may have missed the mark due to its lackluster performance and limited growth potential, WIF, PENDLE, and RETIK are poised to redefine the cryptocurrency landscape in the years to come.

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

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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