Dormant Shiba Inu Whale Wallet Awakens, Accumulates New SHIB Competitor Retik Finance at Just $0.1

The post Dormant Shiba Inu Whale Wallet Awakens, Accumulates New SHIB Competitor Retik Finance at Just $0.1 appeared first on Coinpedia Fintech News

A dormant Ethereum whale wallet holding over $1.5 billion worth of Shiba Inu (SHIB) has shown signs of activity after over a year of inactivity. Interestingly, the whale has started accumulating large amounts of Retik Finance (RETIK), a new crypto asset that brands itself as a “Shiba Inu killer.” Retik Finance is currently in its presale stages, with RETIK tokens selling for just $0.1. This presents a huge buying opportunity for early investors before Retik Finance lists on exchanges. 

Shiba Inu Whale Wallet Awakens

According to on-chain data, the whale wallet purchased 450 billion SHIB tokens in July 2022 and has been dormant since October 2022. The wallet has held onto the huge SHIB bags even as the meme coin crashed over 85% from its all-time high. However, earlier this year, in January, the whale wallet started purchasing Retik Finance’s RETIK token during its early-stage presale. As of February 3rd, 2023, the wallet had already snapped up over a million RETIK tokens at the hugely discounted presale price of between $0.03 and $0.1 per token. This move by an influential Shiba Inu (SHIB) whale signals growing confidence in the new Retik Finance ecosystem. Retik Finance brands itself as the “Shiba Inu killer” and aims to redefine global transactions with its innovative product suite.

Introducing Retik Finance 

Retik Finance is an ambitious decentralized finance (DeFi) project on the Ethereum blockchain. Its native token is the RETIK token, which powers a sophisticated ecosystem of DeFi solutions.

Some key components of the Retik Finance ecosystem include:

• Retik DeFi Debit Cards: Allow anonymous spending online and offline without KYC requirements. Cards offer up to 5% cashback rewards.
• Payment Gateway: Helps merchants accept crypto payments from customers seamlessly. 
• Non-Custodial Multi-Chain Wallet: Gives users full control over their crypto assets while pooling liquidity from multiple DEXs.
• Swap Aggregator: Finds the best DEX rates instantly when swapping tokens.
• AI Lending: Advanced AI algorithms connect lenders and borrowers to optimal lending terms.
• Perpetual Futures & Options: Retail users can trade various perpetual futures and options from the Retik Finance app. Retik Finance conducted a successful smart contract audit by Certik, a top blockchain auditing firm. It has also achieved listings on CoinGecko and CoinMarketCap even before its public token sale.

These developments show the credibility and long-term plans underlying the Retik Finance project.

Retik Finance Presale Details 

The Retik Finance presale is structured across 10 stages, each with varying token prices and caps. Currently, in Stage 8, the presale has already raised over $20 million from community members. With the presale already around 95% complete, the remaining allocation is selling out quickly. RETIK’s price will increase to $0.11 in the next stage, representing a 10% price hike. Buying the RETIK token during the early presale presents a ground-floor opportunity for potentially massive gains when Retik Finance launches on exchanges. Considering the big SHIB whale has already bought millions of tokens, retail investors can follow suit before the presale ends.

The Path Ahead

As Retik Finance’s presale heads towards completion, the next stop is a listing on top-tier centralized exchanges. Additionally, the launch of Retik’s DeFi debit cards and payments gateway will demonstrate real-world adoption and usage of the RETIK token. More ecosystem launches, including AI lending and perpetual trading, will further boost RETIK’s long-term utility. As such, current prices present a unique buying zone for those looking to ape into Retik Finance. Following the Shiba Inu (SHIB) whale’s lead and buying RETIK tokens during the presale could lead to massive returns as Retik Finance continues to rise over the long term.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Linktree: https://linktr.ee/retikfinance