Every four years, the amount of new Bitcoin entering circulation gets cut in half through halving. With the next Bitcoin halving happening in 2024, investors are looking ahead to which crypto tokens are best positioned for gains. When new Bitcoin supply drops while demand remains high, its price often surges dramatically post-halving. This sparks a major rally across the entire cryptocurrency ecosystem. Savvy crypto investors try to get positioned first in tokens with solid fundamentals and growth roadmaps before these price spikes. Here are three top contenders to purchase before the 2024 Bitcoin halving fuels a new crypto bull run.
Cross-Chain Decentralized Finance Innovator: Retik Finance
As a rising star aiming to transform decentralized finance, Retik Finance offers multi-chain interoperability alongside innovative products. With Bitcoin prices projected to keep setting new highs after the next halving, cross-chain tokens like Retik Finance stand ready to benefit from expanding crypto adoption. Retik Finance is developing three innovative products to enhance the accessibility and security of crypto transactions. The first product is DeFi debit cards, which enable anonymous and convenient spending of cryptocurrencies without the need for KYC procedures.
The second product is Retik Pay, a payment gateway that allows merchants to accept cryptocurrencies as a form of payment, expanding their customer base and flexibility. The third product is a multi-chain non-custodial wallet, which gives users complete control and protection over their assets while accessing liquidity from multiple DEXes. By offering these products, Retik Finance is advancing the utility of DeFi and driving mainstream adoption of cryptocurrencies. Beyond that, Retik Finance is unique in that it is dedicated to practical implementation. The platform recognizes that genuine adoption goes beyond the virtual world and seeks to bring cryptocurrencies to the forefront of everyday experiences.
Retik Finance is positioned to revolutionize global transactions and provide customers with financial freedom via its futuristic DeFi debit cards. The ongoing presale funding for Retik Finance’s RETIK token has already raised over $6.8 million from excited investors. As Bitcoin pops and altcoins follow, RETIK offers scarce early-adopter exposure to a next-generation DeFi ecosystem. This achievement is a reflection of investor confidence rather than just physical data. VC money was an option, but the team offered everyone a say in developing DeFi. In addition, a $333,000 community giveaway is being held.
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Enterprise-Grade Ethereum Scaling Solution: Polygon (MATIC)
As the world’s largest smart contract platform, Ethereum hosts an array of DeFi and NFT projects. Yet, it still grapples with congestion and high gas fees during peak usage. This is where Polygon shines. Polygon side chains enable faster and cheaper Ethereum transactions while maintaining security through validation by Ethereum’s main chain. Top projects have already migrated to Polygon for this scalability boost. As the crypto cycle accelerates into the next Bitcoin halving and beyond, increased demand will make Polygon’s scaling solution even more necessary. Polygon’s MATIC token is a top pick to capitalize on this trend.
Meme Coin Turned Flourishing Ecosystem: Shiba Inu
Originally made to compete with Dogecoin, Shiba Inu has remarkably grown beyond its meme coin origins. After the previous Bitcoin halving, Shiba Inu was one of the hottest gainers, rising over 41,000,000% in 2021. Despite pullbacks since then, Shiba Inu has built a thriving ecosystem, now boasting over one million holders. There’s an NFT art incubator called the Shiboshis, a decentralized exchange called ShibaSwap, and even proposals for burn mechanisms to reduce the token supply. As hype returns to crypto before Bitcoin’s supply squeeze, Shiba Inu offers an asymmetric opportunity for similar exponential growth thanks to its diehard fan base.
Final Thoughts: The Next Bitcoin Halving Beckons
With the next Bitcoin halving just three months away, history shows that a price explosion could arrive afterward. Savvy crypto investors are now looking for tokens that offer outsized upside. Unique cross-chain DeFi innovator Retik Finance, essential Ethereum scaler Polygon, and leading meme coin Shiba Inu each bring different compelling cases. Substantial gains could flow in by getting positioned in these tokens first, as Bitcoin’s halving once again catalyzes the bull run.
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