The crypto market’s resurgence has seen top altcoins record humongous gains, with Bitcoin (BTC) at the forefront. On the heels of these gains, an analyst has predicted that the Bitcoin price will experience a violent surge.
Meanwhile, RCO Finance (RCOF), an emerging Ethereum token, has positioned itself as a Dogecoin killer after securing $1.58 million during its ongoing public pre-sale.
Why does this analyst believe the Bitcoin price is set to experience a violent surge, and why is RCO Finance making waves as a Dogecoin killer? Read on to find out!
Bitcoin Surges 8% in a Week: More Growth in the Pipeline!
Bitcoin has performed modestly over the past week. On August 19, BTC was changing hands at around $58,760. After reclaiming and maintaining the $60,000 on August 21, the Bitcoin price experienced a massive spike on August 23 due to an overall bullish sentiment in the broader crypto market.
The resulting uptrend saw the Bitcoin price set a weekly peak of $64,513 on August 24. By August 26, the Bitcoin price had stabilized at around $63,597. This price means Bitcoin has surged 8% in a week. Notably, the 24-hour Bitcoin trading volume is down 13%, indicating a HODLing trend among investors.
Interestingly, a renowned Byzantine General on X analyst recently pointed out that BTC’s open interest is nearing the 180k-190k contracts resistance level. The Bitcoin price has recently experienced violent moves after approaching this OI level.
RCO Finance’s Robo Advisor Captures Trader Interest!
As the Bitcoin price prepares for another violent move, investors increasingly shift to RCO Finance to hedge against potential losses. Investors are embracing RCO Finance because its platform runs on AI and blockchain technology. By leveraging these cutting-edge technologies, RCO Finance offers next-gen trading features.
While the RCO Finance platform boasts multiple trading tools, its AI-powered robo advisor is the main attraction. The robo advisor leverages the latest algorithms and machine learning to track market conditions across the 120,000+ crypto and TradFi assets the RCO Finance platform supports.
In so doing, the robo advisor can recommend the best times for investors to enter or exit positions on specific assets for peak profitability. Furthermore, the robo advisor can execute trades on an investor’s behalf 24/7, ensuring no high-potential market opportunity goes untapped.
Moreover, the robo advisor cuts transaction times and costs by eliminating intermediaries. In doing so, the robo advisor avails professional investment management tools to the masses, ensuring even novice investors can kickstart their investment journeys on a profitable note.
Apart from its game-changing robo advisor, RCO Finance has caught investor attention because it offers up to 1,000x leverage on some trades. This offering gives investors adequate capital to grab market opportunities, as the robo advisor suggests. Furthermore, RCO Finance supports passive earning through lending and staking.
RCOF Set Soar Parabolically After Positioning Itself as a Dogecoin Killer!
RCOF, the native token of the RCO Finance platform, has quickly made headway in the crypto sector after positioning itself as a Dogecoin killer. This status has been achieved due to its robust tokenomics model.
Specifically, RCOF has a limited supply of 800 million tokens and a deflationary mechanism to shrink this supply further.
Additionally, RCOF has gained investor confidence because SolidProof, a German blockchain security firm, audited the token’s smart contract.
As of August 26, RCOF had entered Stage 2 of its ongoing public pre-sale at $0.0344. This price will increase to $0.0588 when RCOF starts Stage 3 at $0.0558. By surging to $0.0558, RCOF will have generated a 62% ROI for Stage 2 investors. Furthermore, RCOF is set to jump by 1,644% ROI when it attains its launch price of $0.4-$0.6.
Amazingly, analysts believe RCOF’s emergence as a Dogecoin killer will mimic the Bitcoin price movements as open interest in the leading cryptocurrency surges. This explains why you should join RCO Finance’s pre-sale for massive returns soon!
For more information about the RCO Finance Presale: