While Ethereum had its hay days that led to massive gains, Retik Finance (RETIK), Toncoin (TON), and Polygon (MATIC) are Ethereum alternatives with the highest chances of turning in better gains in the 2024 bull run.
/Retik Finance/ – As the crypto market frenzy continues, the narrative surrounding Ethereum as the undisputed crypto king is dying, especially with several altcoins proffering solutions to Ethereum problems like scalability and high fees. Investors are now shifting their interest to other cryptocurrencies. While Ethereum had its hay days that led to massive gains, Retik Finance (RETIK), Toncoin (TON), and Polygon (MATIC) are Ethereum alternatives with the highest chances of turning in better gains in the 2024 bull run.
Retik Finance (RETIK)
Retik Finance (RETIK) started bullishly and has been identified as one Ethereum alternative to invest in ahead of the 2024 bull run. Dubbed an Ethereum killer, Retik Finance saw a whirlwind growth in the cryptocurrency space that led to massive success in its presale stage, raising $32 million months ahead of schedule. Since its introduction into the DeFi space, RETIK witnessed a whopping surge of over 400% within two months and has marked further price increases. Retik Finance has gathered a wild following of loyal communities in the months that followed its entrance thanks to its community-centric approach. Its impressive suite of DeFi solutions, including a non-custodial wallet, swap aggregator, DeFi debit cards, payment gateway, and AI-powered P2P lending, has attracted the attention of investors fascinated by its innovative nature.
The launch of the beta version of its DeFi debit card, a year ahead of schedule, has increased its appeal to investors. The debit card, a pioneer of global accessibility in the DeFi space, offers security ATM accessibility and fosters worldwide cryptocurrency adoption. With investors’ sentiment in favour of RETIK, analysts are highly bullish on it, predicting a surge to the $1 mark before the end of 2024. With another wave of uptrend in sight and the bull run ahead, now is the best time to invest in RETIK.
Toncoin (TON)
Toncoin, known as the open network, has recently garnered attention for its remarkable performance as the world’s quickest blockchain. According to a test by CertiK, Toncoin achieved an impressive throughput of 104,715 transactions per second, with the capacity for even more. This groundbreaking record positions Toncoin as a formidable contender in the blockchain space, attracting investors seeking high-performance solutions. Market sentiment towards Toncoin is overwhelmingly bullish, reflected in its recent price surge to an all-time high of $5.65 on March 25, 2024.
A series of positive developments drive toncoin momentum, most recently Telegram’s CEO announcement of their plans to integrate cryptocurrencies for channel ad payment. The follow-up announcement on March 31 of Toncoin as Telegram’s choice of payment for channel owners confirmed earlier suspicions. It saw a 7% surge in TON value and a 12% increase in its trading volume, raising it to $240,554,849. TON currently trades above the $5 mark, signalling a positive trend backed by Toncoin’s unique utility. Experts predict a price surge above the $7 threshold before 2024. TON can potentially spark future increases as it gains broader adoption through the integration. With the incredible bullish momentum TON is building, it is a trump card ahead of the 2024 bull run.
Polygon (MATIC)
On the other hand, Polygon (MATIC) presents a compelling alternative to Ethereum, addressing scalability and cost concerns within the decentralized finance (DeFi) and decentralized application (dApp) on the Ethereum blockchain. With the rising adoption of DeFi and dApp solutions, Polygon is poised for broader adoption. While short-term price fluctuations have been observed, Polygon has demonstrated significant growth over the past six months, surging over 60%, with predictions suggesting further appreciation.
Although currently trading around the $0.96 to $1.07 range, analysts predict a price rise. Support levels at $0.91 may hold against downward pressure, with resistance levels at $1.14 and $1.25 indicating potential upside. Analysts suggest that if MATIK can break past the nearest resistance at $1.23, it could move toward the second resistance level at $1.45, breaking above the 10-day SMA of $1. Once it breaks through the resistance, MATIK is set to make a new ATH and follow a continuous uptrend that can produce massive returns in the bull run.
Investing for Better Gains in the 2024 Bull Run
The era of Ethereum’s undisputed dominance is fading, paving the way for innovative alternatives like Toncoin (TON), Polygon (MATIC), and Retik Finance (RETIK) to shine. Toncoin’s incredible transaction speed makes it a top choice for developers, and Polygon’s scalability and cost-effectiveness make it a great opponent for Ethereum. Retik Finance’s unique utility and comprehensive DeFi solutions have attracted a large crowd of optimistic investors. With its current upward trajectory, RETIK is poised for explosive returns in the bull run. If you want to invest in RETIK, watch out for the announcement of its token listing and vesting schedule on its social platforms.
Visit the links for more information about Retik Finance (RETIK): Website, Whitepaper, Twitter, Telegram.