RCO Finance (RCOF) Token Stuns as Dogecoin (DOGE) and Shiba Inu (SHIB) Plummet

The crypto market has bled over the past week, with top Ethereum altcoins and meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) failing to shake

Top Ethereum altcoins, including meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), have failed to shake off the bearish sentiment that has gripped the crypto market over the past week, leading to a collective downturn.

However, RCO Finance (RCOF), an upcoming Ethereum token, has remained bullish during its pre-sale, securing $1.46 million in funding thus far. But why is RCO Finance pumping as Dogecoin and Shiba Inu plummet? Continue reading for the answer!

RCO Finance’s Robo Advisor Is The Only Truly Crypto AI Trading Tool

Thanks to its cutting-edge DeFi platform, which aims to simplify trading and investing, RCO Finance is quickly gaining ground among Ethereum altcoins. The RCO Finance platform has captured the attention of crypto enthusiasts because its infrastructure combines AI and blockchain technology to provide cutting-edge trading tools.

While RCO Finance investors have a wide range of trading features to choose from, the platform’s robo advisor is the standout feature. The RCO Finance robo advisor is an automated trading specialist that uses AI. By using AI, the robo advisor can quickly provide investors with data-driven investment recommendations.

The RCO Finance robo advisor uses machine learning and algorithms to keep an eye on the market in real-time. Because of this, the robo advisor can quickly pair an investor’s risk tolerance and financial goals with the best market conditions, increasing the chances of making a profit.

This strategy helps investors avoid making biased and emotionally charged decisions, which in turn lowers risk and optimizes their investment portfolios for maximum gains. Additionally, the RCO Finance robo advisor’s lower fees than those charged by traditional investors help the net worth of investment portfolios increase over time.

For instance, the crypto AI trading tool can help you identify opportunities across different asset classes and tell you when to enter or exit a position. By optimizing your trading strategies, the tool maximizes your profits while reducing your risk.

As an added bonus, the RCO Finance robo advisor provides free tax and financial legal advice, allowing investors to improve their investing skills while maintaining compliance. These advantages are propelling RCO Finance up the ranks of leading Ethereum altcoins.

Although the robo advisor is the highlight of the RCO Finance platform, it’s also important to note that the project’s diverse DeFi offering has attracted investors. Notably, RCO Finance provides access to over 120,000 assets in both the crypto and traditional finance sectors. With such a broad offering, portfolio diversification is a breeze.

Dogecoin Price Drops 3% in a Week: Will Bears Continue?

As RCO Finance continues to revolutionize the DeFi landscape, Dogecoin grapples with a bearish trend. On August 11, DOGE was trading at around $0.1055. After an initial dip on August 12, Dogecoin gained traction as Bitcoin (BTC) reclaimed the $61,000 level, sparking a resurgence in Ethereum altcoins and the broader market.

However, as BTC fell below $60,000 again, Dogecoin began correcting downward. By August 18, Dogecoin had leveled off at around $0.1022. This price indicates a 3% weekly decline for DOGE. Despite this, the 24-hour Dogecoin volume has decreased by only 5.5%, suggesting a HODLing pattern ahead of the next major market shift.

Shiba Inu Price Slides 3% in a Week: What’s Next?

Like Dogecoin, Shiba Inu has also performed poorly over the past week. On August 11, SHIB was trading at around $0.00001381. The BTC-fueled resurgence on August 12 saw Shiba Inu lead Ethereum altcoins in targeting higher prices. Specifically, Shiba Inu surged as high as $0.00001408 the same day.

However, speculative traders began booking profits shortly after, causing Shiba Inu to pull back before stabilizing at around $0.00001344 as of August 18. This price marks a 3% weekly decline. Interestingly, the 24-hour SHIB trading volume has increased by 4%, suggesting that investors are holding their SHIB in anticipation of a major event.

RCOF Steals The Show From Ethereum Altcoins After Targeting a 1,500% Surge!

With the crypto market downturn, investors are increasingly turning their attention to RCOF, RCO Finance’s transactional and governance token. Investors are flocking to RCOF because SolidProof, a leading German security firm, audited its smart contracts.

Furthermore, RCOF is a deflationary token with a limited supply of 800 million coins, a tokenomics model that ensures its long-term viability.

As of August 18, RCOF was still in Stage 2 of its public pre-sale.

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