While talking about the best crypto to buy now, top DeFi analysts have made bold statements regarding Shiba Inu (SHIB), Brett (BRETT), and an Ethereum token named RCO Finance (RCOF). Analysts have anticipated that RCOF will march towards a massive rally in 20 days. They say RCOF will lead ahead of SHIB and BRETT. But how? Here’s the scoop.
Acclaimed DeFi Analysts Make Bold Prediction on This Ethereum Token
The real-world asset (RWA) feature has caught huge attention in the current market scenario as this Ethereum token, RCO Finance (RCOF), has debuted as a DeFi trading tool. RCO Finance lets investors invest directly in RWA by using crypto.
Built on the Ethereum blockchain, RCOF is RCO Finance’s native token. Since its debut, RCO Finance’s RCOF has made shocking waves with gradual adoption and growing acceptance.
For this reason, top DeFi analysts believe this Ethereum token will guarantee a staggering 3,000% surge once the presale ends. Currently, RCOF is available at $0.0127 in Stage 1 of its presale. The price of RCOF will continue surging until it hits $0.4 -$0.6.
Moreover, SolidProof audits its smart contracts, making it one of the safest investments. Some DeFi analysts speculate that this Ethereum token will skyrocket once it hits the mainstream market.
Shiba Inu Falls: Will It Bounce Back?
Shiba Inu (SHIB) was trading at around $0.000021 in mid-June. SHIB has faced a huge decline in the second week of June. The dog-themed coin SHIB has lost over 15% of its value in the past seven days, raising concerns among investors and DeFi experts.
Despite its recent downturn, there has been a notable surge in whale activity in SHIB. As per IntoTheBlock’s data, SHIB’s large transaction volume was up by over 170%, hitting $467.2 million in the last 24 hours. This whale’s movement will bring positive sentiment to the SHIB market.
However, the recent technical analysis has painted bearish signals for SHIB. The RSI and MFI sat at 38 and 35, respectively, showcasing the massive selling pressure of SHIB. Moreover, the Elder Ray Index has also displayed weakening buyers’ momentum. So, analysts say that if Shiba Inu makes a price rebound, SHIB would potentially climb to $0.000024.
BRETT Continues Bullish Pathway
Against the recent backdrop in the crypto market, Brett (BRETT) has shown exceptional performance. BRETT has become one of the top-performing meme coins in the monthly chart, surging by more than 352%. BRETT has also hit a new all-time high of $0.19 on June 10.
The notable rise of BRETT’s price aligned with KuCoin’s decision to introduce the BRETT/USDT trading pair. Moreover, the exchange also announced an impressive giveaway of $1,000 in BRETT for 100 winners. However, the price of BRETT has faced a price correction to $0.16 in mid-June.
Additionally, BRETT’s market cap surpassed $1.7 billion before settling at the current $1.56 billion. Yet, the market seemed quite optimistic about BRETT’s upcoming trading sessions. The technical indicators also aligned with the market’s sentiment. Experts anticipate that if BRETT gains market confidence, the altcoin price will touch $0.22 in the coming months.
RCO Finance Revamps DeFi Space
Bringing a revolution in the DeFi space, RCO Finance is an AI-driven robo advisor that leverages the power of AI and ML algorithms to streamline the investment process. It offers personalized investment strategies by calculating different factors associated with an investment, such as goals, risks, market dynamics, and more.
What’s also best about RCO Finance is that it also facilitates automated market making through DEX. This will allow investors to provide liquidity to trading pairs and earn rewards.
RCO Finance has emerged as one of the best DeFi projects for all these reasons.
For more information about the RCO Finance Presale: