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Coinscreed
Coinscreed
FTC Rule Update Targets AI Deepfake Threats to Consumer Safety
9 days ago
Cointelegraph
Cointelegraph
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Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the blockchain on Tuesday. “Tether tokens are issued on several blockchains, which are simply transport layers for such tokens,” Tether said in a statement to Cointelegraph when asked for comment about Circle and whether Tether was considering a similar move. “Tether retains the ability to freeze transactions on each directly supported transport layer to accomplish its compliance duties. Nevertheless Tether actively monitors the safety of each one of the supported transport layers to ensure the highest standards to our community,” the firm said. Tether (USDT) is the largest stablecoin with a market capitalization of $97.7 billion, and Circle’s USD Coin (USDC) trails at $28 billion, according to CoinGecko data. The Tron network is home to over 51.8 billion USDT — over half of the nearly 101 billion USDT tokens issued across multiple blockchains, according to Tether’s transparency report dated Feb. 21. An additional nearly $76.2 million is set aside to provide near-term liquidity for the token on the Tron network. A screenshot of Tether’s USDT transparency report cropped to show only USDT’s top three blockchains and its total assets. Source: Tether Tether's comments came in response to an announcement from Circle on Feb. 20, with the firm revealing it was immediately ending the minting of USDC on Tron and would gradually phase out support for the network, saying the decision aligns with “efforts to ensure that USDC remains trusted, transparent and safe.” Last month, a United Nations report said “USDT on the Tron blockchain has become a preferred choice” for cyber fraud and money launders in Southeast Asia due to the “ease, anonymity, and low fees of its transactions.” Tether rebuffed the report, saying the UN ignored USDT’s traceability and the firm’s record of law enforcement collaboration. It highlighted that it froze over $300 million worth of USDT used in crime “within the last few months,” including $225 million worth frozen in November 2023 as part of a United States probe into a Southeast Asian human trafficking syndicate. Related: Y Combinator calls on startups to build stablecoin, metaverse, AI solutions Ethics watchdog group Campaign for Accountability wrote to the United States Congress in November alleging Tron “has been named in multiple international law enforcement actions involving billions of dollars in transactions by alleged organized crime groups and sanctioned entities.” The U.S. Securities and Exchange Commission sued the Tron Foundation and founder Justin Sun in March 2023, alleging they offered unregistered securities and conducted manipulative trading, which Sun denies. Magazine: Unstablecoins: Depegging, bank runs and other risks loom

4 days ago
CRPTOHOLICS
CRPTOHOLICS
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THE BEGINNING OF ALTCOINS SEASON IS HERE! KEEP AN EYES ON THESE THREE ALTCOINS POISED FOR SIGNIFICANT GROWTH.... The recent surge in Bitcoin's market cap, surpassing $1 trillion, has shifted focus to the altcoin market, signaling the start of a new altcoin season. Among the promising altcoins gaining attention are Blast, ApeChain, and Mantle (MNT). Blast, a Layer 2 blockchain with a native yield for ETH and stablecoins, has quickly risen to a $1 billion TVL within a month. Now, BlastUP, a launchpad on the Blast blockchain, aims to replicate this success by integrating Web3 tools with AI innovation. Currently in its first presale stage, BlastUP offers tokens at $0.02, with a potential future ROI of 800% as the listing price is set at $0.1. Token holders can enjoy privileges like allocations for token sales, loyalty rewards, and staking opportunities. ApeChain's launch on the Arbitrum platform has the potential to boost ARB prices, challenging resistance levels at $2.28 and $2.80. Despite possible risks, indicators suggest a neutral stance with a promising outlook for the project. Mantle (MNT) has announced a dragon giveaway, presenting a bullish short-term scenario. Priced at $0.75, a successful event could lead to an upward trend, breaching resistance levels of $0.76 and $0.94. However, caution is advised due to neutral indicators, with support levels at $0.49 and $0.40 acting as safety nets. In conclusion, while ApeChain and Mantle show potential, BlastUP stands out with its innovative approach and ecosystem positioning within the thriving Blast network. With a comprehensive roadmap extending to 2026, BlastUP aims to become a dominant force in the crypto space, offering exponential potential and contributing to the broader growth of the industry during the impending altcoin season. #Write2Earn #TrendingTopic #BTC #APEAnalysis #MNT

4 days ago
Cryptopolitan
Cryptopolitan
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In a revealing case of artificial intelligence (AI) misidentification, Tim Hansenn, a Dutch motorist and artificial intelligence expert, was wrongly fined 380 euros for allegedly using his phone while driving. This incident has sparked discussions about the reliability of AI-powered smart cameras in law enforcement and the potential for human oversight errors. Misidentification by AI technology Hansen, an employee at Nippur, a firm specializing in AI, was caught by the Dutch police’s AI smart camera, Monocam, which mistakenly identified him as using his phone while driving. The camera, designed to detect drivers distracted by their mobile devices, flagged Hansen while he was merely scratching his head. This mistake underscores the challenges facing AI in accurately interpreting human actions. The expert took to his company’s blog and shared his experience in an interview with Belgian news outlet HLN, highlighting the limitations of the current AI technology used by the Dutch police. Hansenn’s analysis pointed out a crucial flaw in the AI’s operation: it tends to wrongly assume that any hand movement near the head is indicative of phone use. This incident raises questions about the AI’s accuracy and emphasizes the role of human error, as the fine was approved by a police officer who reviewed the photo evidence. The road ahead for AI in traffic enforcement Despite the setback experienced by Hansenn, the Netherlands is on track to expand its use of AI in traffic monitoring. The Dutch police have been utilizing Monocam since 2021, with significant success in identifying drivers texting while driving. According to a report by NRC, a Dutch news outlet, the technology caught 116,000 drivers in 2022, with expectations of higher numbers in 2023. Moreover, the Netherlands plans to introduce Focus lash cameras by the end of 2024. These advanced systems will have the capability to assess where drivers are looking, detect red light violations, and check if seat belts are fastened. Hansen has expressed his desire to assist the police in refining their AI technology to prevent future misidentifications. His case catalyzes a broader conversation about integrating AI in law enforcement tools and the necessity for continuous improvement to ensure their accuracy and reliability. Implications and Future Developments The incident involving Tim Hansenn sheds light on the complexities and challenges of deploying AI in law enforcement, particularly in traffic monitoring. While AI offers the promise of enhancing public safety by identifying and penalizing distracted driving, it also poses risks of inaccuracies that can lead to unjust penalties for innocent individuals. This case emphasizes balancing technological advancements with human oversight to mitigate errors. As the Netherlands and other countries continue to adopt AI-powered systems for traffic enforcement, the need for ongoing evaluation and refinement of these technologies becomes evident. Ensuring that AI systems are as error-free as possible is crucial for maintaining public trust and the legitimacy of automated enforcement measures. Furthermore, this incident underscores the potential for AI to learn and improve from its mistakes. By analyzing instances of misidentification, developers can fine-tune AI algorithms, enhancing their ability to distinguish between different activities accurately. Collaboration between AI experts like Hansenn and law enforcement agencies could lead to more sophisticated and reliable AI solutions, reducing the likelihood of similar incidents in the future. while the use of AI in traffic enforcement presents significant benefits, the case of Tim Hansen highlights the need for careful implementation, human oversight, and continuous improvement. As AI technology evolves, so too must the mechanisms for its oversight, ensuring that the future of automated law enforcement aligns with principles of fairness and accuracy.

7 days ago
Crypto Daily™
Crypto Daily™
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Following an impressive surge in Bitcoin's market cap exceeding the landmark $1 trillion, attention is now directed toward the altcoin frontier where promising crypto assets are poised for an explosive rally. This event conveniently ushers in a new altcoin season, setting the stage for noteworthy altcoins that carry hefty potential for significant value appreciation next. BlastUP Presale: the Rising Star Set to Continue the Blast Revolution Blast, the only Layer 2 blockchain with a native yield for ETH and stablecoins, has recently made a splash in the crypto world with its head-spinning launch, reaching a staggering $1 billion TVL in just one month. Following the brilliant debut, a new big project based on this blockchain is entering the scene: BlastUP. BlastUP is a groundbreaking launchpad poised to follow the Blast’s path to roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board. Currently, BlastUP is running its first presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.02, you may get a high ROI of 800% in the future, as the listing price is set at $0.1. >> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale << Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking. Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space. The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace. >> Join BlastUP Presale NOW to Unlock Early Benefits << ApeChain Launch on Arbitrum Could Possibly Surge ARB Prices Amidst Potential Risks Taking into account the launch of ApeChain network on the Arbitrum platform, we may see a surge in ARB prices. With the potential boost in network activity, the current price of $2.04 could challenge the resistance level at $2.28. If momentum continues, the next resistance level at $2.80 may be within reach. In the long term, this development can reassure investors and push the Simple Moving Average 100-days price, placing ARB into a sustained bull market. On the other hand, there are risks that the development might experience shortcomings or delays, posing uncertainties for the value of ARB. Any negative news could push the price down towards its immediate support at $1.37. In a more bearish scenario, the price could even test the support level at $0.98. However, the current neutral stance shown by RSI and Stochastic indicators, as well as the "buy" signal from the MACD, suggest that we should maintain a watchful eye on this promising project. Potential Bullish Scenario for MNT Following Dragon Giveaway Announcement The engagement of Mantle (MNT) with the announcement of a dragon giveaway presents a potentially bullish short-term scenario. With the current price of $0.75, a successful event could trigger an upward trend, potentially breaching the resistance levels of $0.76 and $0.94. Based on bullish signals provided by the MACD along with the 10-day and 100-day Simple Moving Averages (SMA), an increase in market interest and trading volume could galvanize MNT's price. However, it's critical to remain cautious. Considering the neutral RSI and Stochastic RSI Fast actions, MNT's price stability may be tested if the giveaway event fails to generate anticipated interest. Its current levels are just above the first support level at $0.49 and the next support at $0.40, providing a safety net while still suggesting room for a downward trend. The 100-day SMA at $0.60 serves as a potential target in the case of a price retracement in the long-term. Conclusion While ApeChain and MNT offer commendable potential, the concept innovation and ecosystem positioning of the BlastUP project place it a cut above the rest. Within the thriving Blast ecosystem, BlastUP empowers startups with tools and rewards. As such, stakeholders in BlastUP not only significantly stand to benefit but also contribute to the growth and success of the wider crypto space. With exponential potential, it's reasonable to anticipate a powerful performance from BlastUP in the impending altcoin season. Site: https://blastup.io/  Twitter: https://twitter.com/Blastup_io  Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

7 days ago
CryptoNewsLand
CryptoNewsLand
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With the cryptocurrency market witnessing unprecedented growth, investors are constantly on the lookout for affordable alternatives that offer potential for significant returns. Solana (SOL), while a promising blockchain platform, may present a barrier to entry for some investors due to its higher price. However, there are several cheaper alternatives that provide opportunities for investors with limited capital. Three such alternatives—Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK)—each presenting unique opportunities for investors to diversify their portfolios and potentially reap substantial gains. Shiba Inu (SHIB) Shiba Inu (SHIB) has become synonymous with the meme coin phenomenon, capturing the attention of investors worldwide. With its playful branding and grassroots community, SHIB has garnered a loyal following and demonstrated resilience in the face of market volatility. SHIB offers an accessible entry point for investors looking to dip their toes into the cryptocurrency market with just $200. Despite its humble beginnings, SHIB has proven its staying power and continues to attract attention from both retail and institutional investors, making it a compelling alternative to Solana for those seeking higher returns on a limited budget. Retik Finance (RETIK) Retik Finance (RETIK) stands at the forefront of decentralized finance (DeFi) innovation, offering a comprehensive suite of features designed to revolutionize global transactions. With its emphasis on accessibility and affordability, RETIK provides investors with a compelling opportunity to participate in the burgeoning DeFi space without breaking the bank. Retik Finance is pushing the boundaries of decentralized finance (DeFi) with its cutting-edge features, including Futuristic DeFi Debit Cards, a Smart Crypto Payment Gateway, AI-Powered Peer-to-Peer (P2P) Lending, and a Multi-Chain Non-Custodial Highly Secured DeFi Wallet. These innovations are poised to revolutionize global transactions, offering users unprecedented convenience and security. The project’s unwavering commitment to security is evident in its rigorous audit conducted by Certik, a renowned blockchain security firm. This audit serves as a testament to Retik Finance’s dedication to ensuring the safety and integrity of its platform, fostering trust and credibility among both users and investors. Priced affordably at just $0.11, RETIK presents an attractive entry point for investors with $200 to spare. Moreover, with its strong community support and strategic initiatives like the $333,000 giveaway event, RETIK is well-positioned for significant growth potential in the near term, making it a viable alternative to Solana for investors looking to maximize their investment returns. Bonk (BONK) Bonk (BONK) may seem like an unconventional choice, but this emerging cryptocurrency has been making waves in the decentralized finance (DeFi) space. With its unique features and growing ecosystem, BONK offers investors an intriguing opportunity to diversify their portfolios and potentially reap substantial rewards. Priced affordably at just a fraction of Solana’s value, BONK presents an accessible entry point for investors with $200 to spare. As the DeFi landscape continues to evolve, BONK has the potential to carve out a niche for itself and deliver impressive returns to investors who seize the opportunity early on. While Solana (SOL) remains a prominent player in the cryptocurrency market, its higher price may deter some investors with limited capital. However, alternatives like Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK) offer affordable entry points with the potential for significant returns. As investors continue to seek opportunities for portfolio diversification and growth, these cheaper alternatives to Solana present compelling options for those looking to maximize their investment potential within the dynamic cryptocurrency market landscape. About Retik Finance Retik Finance (RETIK) is a cutting-edge decentralized finance (DeFi) project revolutionizing global transactions with its innovative suite of financial solutions. Introducing futuristic DeFi Debit Cards, a Smart Crypto Payment Gateway, AI-powered Peer-to-Peer (P2P) lending, and a Multi-Chain Non-Custodial Highly Secured DeFi Wallet. 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 The post 3 Cheaper Alternatives to Solana You Can Buy Today With Just $200 appeared first on Crypto News Land.

10 days ago
Crypto updates_
Crypto updates_
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Ready to turn $500 into $4000 in 30 days? Let's dive into our smart strategy for success! Strategy Reminder: Scalping with Risk Management Daily Goal: Aim for a 10% profit on your $500 capital. That's $50 per day. Risk Management: Keep $500 as your safety net for potential losses. Winning Scenario: Days 1-10: Starting Capital: $500 - Daily Target: $50 1 - Total Target by Day 10: $500 + ($50/day x 10) = $500 Days 11-20: Capital: $1000 - Daily Target: $100 - Total Target by Day 20: $1000 + ($100/dav x 10) = $2000 - Daily Target: $200 Total Target by Day 30: $2000+ ($200/day x 10) = $4000 good luck!🤗 💥💥If you like information please don't forget of using Tip Feature 🥺 💖 💖we always need your support to providing quality content 😍 #Write2Earn #TrendingTopic #BTC #sol #ai $BTC $SOL $XRP

11 days ago
Cryptopolitan
Cryptopolitan
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A top 20 Shiba Inu whale has boldly sold $15 million worth of SHIB tokens and invested the proceeds into Retik Finance (RETIK) and Ethereum (ETH) instead. This massive sale and reallocation of funds signal a shift in investor sentiment as confidence in SHIB declines while interest in RETIK and ETH increases.  Shiba Inu Whales Lose Patience Once an investor favorite, Shiba Inu has struggled in recent months. Plagued by a lack of utility beyond speculation and stagnant development, the self-proclaimed “Dogecoin killer” has disappointed many early backers. The top 20 whale’s sale of $15 million worth of SHIB tokens represents a sharp decline in institutional investment and overall enthusiasm for the formerly hyped meme coin. This declining sentiment can be seen clearly in Shiba Inu’s price action. After hitting an all-time high of $0.000088 in October 2021, SHIB has collapsed by over 85%. Technical analysts expect the brutal SHIB bear market to continue without significant upgrades to its functionality or renewed hype. Ethereum (ETH) Continues Being Investors Favorite Ethereum interest and investment continue to accelerate rapidly. As the second largest cryptocurrency and the leading smart contract platform, Ethereum dominates decentralized applications, NFTs, DeFi protocols and more. With the long-awaited “Merge” to proof of stake finally completed in 2022, and subsequent scalability upgrades,  Ethereum has solidified itself as the blockchain of choice for builders and investors alike. Upgrades like sharding, slated to launch later this year, will also drastically improve Ethereum’s scalability. By partitioning the blockchain into shards, parallel transaction throughput can be increased exponentially while fees are reduced. The top 20 Shiba Inu whale sees immense value and staying power in Ethereum, choosing to allocate funds into the bluechip protocol over the fading meme coin. This will prove to be a wise move. Retik Finance: Merging DeFi &TradFi  Most funds from the Shiba Inu sale were funneled into Retik Finance’s ongoing presale for the project’s RETIK token. With cutting-edge products ranging from decentralized debit cards, a non-custodial multi-chain wallet, a seamless crypto payment gateway and AI-based peer-to-peer lending protocol, Retik Finance is building a comprehensive DeFi ecosystem to usher global crypto adoption. RETIK also features a decentralized perpetual futures and options trading platform, allowing for simplified high-leverage trading across various assets. And with powerful backers including CoinGecko and CoinMarketCap listing Retik Finance shortly after launch and a flawless Certik security audit certifying the project’s safety, credibility and staying power are essentially guaranteed, according to analysts. It’s clear why the top 20 Shiba Inu whale chose to invest so heavily into RETIK. Compared to a stagnant meme coin like SHIB with zero real utility, Retik Finance’s impressive array of innovative DeFi solutions has immense practical value and growth potential as cryptocurrencies gradually integrate with traditional finance. The project’s $27 million presale raise also signifies tremendous investor demand.  By selling SHIB tokens near the top and reallocating most of the profits into Ethereum and Retik Finance at opportune times, this whale has made a strategically advantageous move that will generate substantial ROI over the years. Those interested in following smart money should pay close attention. Conclusion As the appetite for once-popular meme coins like Shiba Inu evaporates among serious crypto investors, platforms and protocols with actual utility, including Ethereum and Retik Finance, are witnessing sustained capital inflow. With groundbreaking DeFi innovations and products attracting users across various niches, Retik Finance shows immense promise. Its ongoing presale presents a unique early investment opportunity in a project destined to thrive 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

11 days ago
CryptoNewsLand
CryptoNewsLand
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In the ever-evolving landscape of the cryptocurrency market, a new contender has emerged, challenging the dominance of established players. Retik Finance (RETIK), the latest viral coin, is making waves and has caught the attention of an analyst renowned for his precise predictions regarding Polygon (MATIC). This development signals a potential shift in the balance of power within the DeFi ecosystem as we head into 2024. The Rise of Polygon Before delving into the ascent of Retik Finance, it’s essential to understand the foundation upon which Polygon has built its reputation. Known for its scalability solutions for Ethereum, Polygon has become a cornerstone of the DeFi sector, facilitating faster and more cost-effective transactions. Its ability to support a myriad of decentralised applications (dApps) without compromising on security or speed has earned MATIC, its native token, a coveted spot among the top cryptocurrencies by market capitalization. Polygon’s success story is one of innovation and strategic positioning, attracting developers and investors alike. However, the crypto world is dynamic, with new technologies and platforms continually emerging to challenge the status quo. Retik Finance (RETIK) Retik Finance has burst onto the scene, branded as the new viral coin with the potential to unsettle Polygon’s stronghold in the DeFi space. An analyst known for his accurate calls on Polygon has highlighted Retik Finance as a significant threat to MATIC’s dominance in 2024. This endorsement has put the spotlight on RETIK, drawing investor interest and speculation about its capabilities. Retik Finance introduces a comprehensive DeFi solution, encompassing a non-custodial wallet, swap aggregator, DeFi debit cards, payment gateway, AI-powered peer-to-peer lending, and perpetual futures/options trading. This suite of services aims to bridge the gap between cryptocurrency and real-world financial transactions, offering a level of utility and integration not previously seen in the crypto space. What Makes Retik Finance Stand Out? The appeal of Retik Finance lies in its innovative approach to DeFi, offering solutions that extend beyond the digital realm and into everyday financial activities. Its emphasis on real-life utility is complemented by a robust technological framework that supports seamless transactions, enhanced security, and user-friendly interfaces. 1. DeFi Debit Cards: Retik Finance’s DeFi debit cards allow users to spend their cryptocurrency holdings with the same ease as fiat currency, pushing the envelope for crypto adoption among the general public. 2. Smart Crypto Payment Gateway: The platform’s payment gateway facilitates immediate, low-cost transactions, enabling businesses and individuals to transact globally without the need for traditional banking infrastructure. 3. AI-Powered Peer-to-Peer Lending: By leveraging AI technology, Retik Finance personalises lending and borrowing experiences, offering more favourable terms based on user behaviour and risk assessment. 4. Highly Secured DeFi Wallet: Security is paramount in the DeFi space, and Retik’s multi-chain, non-custodial wallet ensures that users have complete control over their assets without compromising on safety. The Threat to Polygon’s Dominance The buzz around Retik Finance and its endorsement by a respected analyst has sparked discussions about its potential to disrupt Polygon’s market position. With RETIK’s innovative DeFi solutions and its focus on bridging cryptocurrencies with real-world applications, it presents a direct challenge to Polygon’s utility and appeal. Moreover, Retik Finance’s presale success, drawing significant interest from early investors, indicates strong market confidence in its potential. As it continues to gain traction, the platform could syphon off a portion of Polygon’s user base, especially those looking for comprehensive DeFi solutions that extend beyond the blockchain. Looking Ahead As 2024 approaches, the cryptocurrency market is poised for another exciting year of innovations and shifts in dominance. Retik Finance, with its unique value proposition and growing community support, stands out as a formidable challenger to established players like Polygon.Investors and enthusiasts will be closely watching how Retik Finance capitalises on its early momentum and whether it can sustain its growth trajectory. With its blend of technological innovation and real-world utility, RETIK has the potential not only to challenge MATIC’s dominance but also to redefine the DeFi landscape. In conclusion, the emergence of Retik Finance as a viral coin and its recognition by a top analyst underscore the dynamic nature of the cryptocurrency market. As new platforms like RETIK enter the fray, offering innovative solutions and challenging established norms, the DeFi ecosystem continues to evolve, promising exciting opportunities for investors and users alike. 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 The post Analyst Known for His Accurate Polygon Calls Says New Viral Coin Threatens Matic’s Dominance in 2024 appeared first on Crypto News Land.

15 days ago

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