Skip to main content

Top 3 Cheap Cryptos to Buy in February 2024




The crypto market offers a wide range of digital assets to invest in. While industry pioneers like Bitcoin and Ethereum seem appealing, their high prices make them difficult buys for many. Fortunately, there are cheap cryptocurrencies with amazing growth potential that investors can consider buying. Three such digital assets that seem poised for massive rallies in 2024 are Solana (SOL), Retik Finance (RETIK), and Shiba Inu (SHIB)


Solana (SOL) - The Fast and Scalable Layer 1

Solana has become one of the most popular layer 1 blockchain networks in a short time.

Despite criticism about its centralization and outages, Solana keeps expanding and cementing its place in crypto.

It currently powers over 400 projects across DeFi, NFTs, Web3, and more. Solana (SOL), its native token, facilitates transactions, operations, and governance on the network.

Solana (SOL) is currently trading around $101, which is still a long way from its all-time high of $260 in November 2021.

However, considering how fast it is growing and its potential, it seems significantly undervalued.

Notably, Solana recently surpassed Ethereum in 24-hour DEX trading volume.

Its weekly DEX volume also recorded a 15.34% surge compared to Ethereum’s 12.44% decline.

BitMEX co-founder Arthur Hayes predicts the SOL price will rally soon, especially if the predicted crisis hits more U.S banks.


Retik Finance (RETIK) - The Futuristic DeFi Ecosystem

Retik Finance is building a comprehensive decentralized finance (DeFi) ecosystem equipped with innovative solutions, including DeFi debit cards, AI lending, swap aggregator, and more.

Its native token, RETIK, powers operations across the emerging ecosystem. Unlike most cryptocurrency projects, Retik Finance is entirely self-funded through its 10-stage presale.

At stage 8, over 281 million RETIK have been sold so far, raising over $19 million. The presale is conducted directly on Retik’s site where buyers can purchase RETIK with ETH, USDT, or BNB.

Retik Finance has checked all the right boxes - sound tokenomics, a detailed roadmap, transparency, a successful CertiK audit, listings on CoinGecko and CoinMarketCap, and more.

These give investors confidence about the project’s legitimacy. The project’s most revolutionary offering will be its privacy-focused DeFi debit cards.

They will enable anonymous transactions without KYC requirements globally. Cardholders will also enjoy rewards, cashback, airport lounge access, and other benefits.

Considering features and progress so far, Retik Finance seems vastly undervalued at $0.10 per token currently.

As more products launch, adoption and consequently, token value will rise exponentially.

Retik Finance has the potential to pull off a SHIB or DOGE-level rally.

Hence, February 2024 presents a perfect opportunity to buy it cheaply.


Shiba Inu (SHIB) – The Top Memecoin

Shiba Inu is undoubtedly the most prominent meme coin and DOGE’s biggest competitor.

Launched in August 2020, it gained massive popularity within one year, thanks to community hype.

SHIB even reached a $44 billion market capitalization at one point.

However, 2022 was relatively dull for Shiba Inu amid the crypto winter.

Many expect its price to start recovering this year as market sentiments improve, possibly due to the expected 2024 Bitcoin halving.

Additionally, the Shiba Inu team is focused on expanding the ecosystem beyond a meme coin to offer more value.

Developers launched Shibarium, a layer 2 solution with enhanced DeFi capabilities, in 2023.

They are also working on a metaverse platform.

All this could drive up demand and prices for Shiba Inu gradually.


Conclusion

While flagship cryptocurrencies seem attractive, their high prices make investing difficult for small-budget holders.

However, cheap cryptos like Solana, Retik Finance, and Shiba Inu offer similar return potential at a much lower buy-in cost.

Considering impressive progress and growth prospects, these digital assets look ripe for massive rallies in 2024.

Hence, February 2024 presents a unique opportunity to buy them at low prices before the next bull cycle sends them surging exponentially.


Comments

Contact us

Name

Email *

Message *

Popular posts from this blog

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry.  The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling.  Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk ab...

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan

  Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April. Cryptocurrency exchange Coinbase Global (COIN) will soon require its customers in Canada, Japan and Singapore who send cryptocurrency to another financial institution or exchange to provide the name, address and in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will take effect in early April in order to comply with local travel rules in those places. Coinbase didn't immediately respond to requests for additional comment on the moves, but confirmed that they were taking place. The move  does not seem to be going over well  with Coinbase customers in those countries, who value the anonymity of transactions using cryptocurrency. According to a  FAQ provided by Coinbase , for Canadian users, ...

Farm GRASS earn MONEY

  Use your Unused Internet Bandwidth to make $$$ In today’s interconnected world, the concept of passive income has taken on new dimensions, offering innovative ways for individuals to monetize underutilized assets.  One such groundbreaking avenue involves earning money by selling your unused internet connection.  By participating in decentralized networks like Grass, individuals have the opportunity to turn their dormant bandwidth into a valuable asset, contributing to a fairer and more equitable digital landscape while generating income. Grass is a decentralized network sharing application designed to offer an alternative to existing centralized networks.  It allows users to sell their unused bandwidth directly, without the need for exploitative middlemen.  The platform operates by enabling users to download a web extension that runs in the background, assisting others in accessing public web data in exchange for payment using the protocol’s native token. How ...