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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.


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