Shiba Inu (SHIB) rally finally manages to remove one zero as Retik Finance (RETIK) Presale raises more than $200k in the first 24 hours
As we move towards the end of 2023, milestones are achieved, and trends shift at a remarkable pace. The recent rally in the Shiba Inu (SHIB) coin is a testament to the dynamic nature of this space.
As over 20 billion SHIB tokens are poised to disappear into the burn wallet, the crypto community is buzzing with excitement. Simultaneously, the Retik Finance (RETIK) presale has made waves, surpassing $200,000 in the first 24 hours of its launch.
This article explores how these two events have shaped the crypto landscape, transforming numbers and expectations.
The Shiba Inu coin, often referred to as SHIB, has been a notable presence in the crypto market. Inspired by the infamous Dogecoin, SHIB took on a life of its own, garnering a massive following and trading volume. However, it was burdened by the presence of extra zeros in its price, making it seem less accessible to potential investors.
The recent rally, which saw SHIB gain significant traction, resulted in a groundbreaking development – the shedding of a zero. Over 20 billion SHIB tokens are slated to be sent to the burn wallet, a move that not only reduces the total supply but also increases the scarcity of the remaining tokens. This event marks a turning point for SHIB, boosting its appeal and potentially attracting more investors.
While the crypto community was celebrating SHIB’s achievement, another project was making waves in the industry. Retik Finance (RETIK), a newcomer in the DeFi space, launched its presale with ambitious goals.
Seeking to raise $450,000 in total in the first presale stage, Retik Finance set its sights high. However, what transpired in the first 24 hours exceeded expectations.
The Retik Finance presale managed to raise over $200,000, showcasing
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