Top altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have performed variably over the past week, leaving investors searching for high-potential tokens to purchase for massive returns.
Top altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have performed variably over the past week, leaving investors searching for high-potential tokens to purchase for massive returns.
Amazingly, a seasoned Dogecoin investor who bought Shiba Inu (SHIB) early believes RCO Finance (RCOF), an emerging Ethereum token, has the potential to surge 1,366% soon!
Continue reading to find out why this early Dogecoin trader is betting on RCO Finance’s Ethereum token to easily outpace DOGE and Shiba Inu.
Dogecoin’s 4% Weekly Decline: What’s Next?
Dogecoin has been performing poorly over the past week. On August 21, DOGE was trading at around $0.1029. After days of sideways trading, Dogecoin gained bullish steam on August 23 after Bitcoin (BTC) surged past $64,000, triggering a marketwide rally.
This uptrend saw Dogecoin climb as high as $0.1149 on August 24.
However, Dogecoin began pulling back soon afterward. By August 28, Dogecoin (DOGE) had settled at around $0.0984. This price indicates a 4% decline for Dogecoin over the past week.
Moreover, 24-hour Dogecoin trading volume is up 16%, indicating growing selling pressure as investors are trying to hedge their investments against losses.
Shiba Inu Trades Sideways in a Week: What’s Coming Next?
Shiba Inu has underperformed over the past week. On August 21, it was changing hands at around $0.00001360. After holding this level for two days, Shiba Inu gained bullish steam on August 23 after Bitcoin (BTC) surged past $64,000.
The resulting uptrend saw SHIB jump as high as $0.00001604 on August 24.
However, day traders started taking profits, forcing Shiba Inu to pull back. By August 28, Shiba Inu (SHIB) had settled at around $0.00001372. This price indicates that Shiba Inu has essentially traded sideways over the past week.
Furthermore, 24-hour SHIB trading volume is up 4%, showcasing a buying force that might trigger more gains.
RCO Finance’s Top Ethereum Project Status Is Due To Its Robo Advisor!
While Dogecoin and Shiba Inu constantly appeal to investors due to their speculative nature, RCO Finance’s Ethereum token, RCOF, has wowed investors for entirely different reasons. Investors are embracing RCOF because it is the key to accessing the RCO Finance platform, which offers next-gen trading features.
Specifically, investors are flocking to RCO Finance because of its AI-powered robo advisor. The RCO Finance robo advisor is a professional financial expert, helping traders make data-driven investment decisions that reduce risk exposure and increase profitability.
The robo advisor uses advanced algorithms and machine learning to track the 120,000+ crypto and TradFi assets that RCO Finance supports to achieve this.
This approach also offers the robo advisor unlimited options to diversify an investor’s portfolio, helping them hedge against losses despite crashes.
Furthermore, the robo advisor cuts off intermediaries, minimizing transaction costs and times. This provision helps bring professional investment management tools to a broader audience, helping novice investors kick off their investment journeys on a bullish note.
These perks explain why RCO Finance’s Ethereum token is taking the crypto sector by storm despite being in its public pre-sale.
RCOF Set To Jump 1,366%: More Gains Loading!
RCOF has quickly cemented its position as a top Ethereum token because of its utility within the RCO Finance ecosystem. Specifically, RCOF doubles as RCO Finance’s governance and transactional token. Apart from this, RCOF is a deflationary token with a maximum supply of 800 million tokens. These features offer RCOF long-term viability.
RCOF has gained investor confidence because SolidProof, a Germany-based blockchain security firm, audited its smart contract, ensuring it was secure and up to industry standards.
As of August 28, RCOF, in its Stage 2, was available for purchase at $0.0344. When RCOF enters Stage 3 at $0.0558, Stage 2 investors will enjoy a 62% ROI. Interestingly, this ROI is set to increase to 1,366% as RCOF moves towards its listing price of $0.4-$0.6.
Every analyst so far believes RCOF will likely replicate DOGE’s 2021 rally by early next year. This could easily push the
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