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 off the overbearing bearish sentiment.
On the other hand, RCO Finance (RCOF), an upcoming Ethereum token, has remained bullish during its pre-sale, securing $1.46 million in funding thus far.
Why is RCO Finance pumping as Dogecoin and Shiba Inu plummet? Continue reading to find out!
RCO Finance’s Robo Advisor Is The Only Truly Crypto AI Trading Tool
RCO Finance is quickly gaining ground among Ethereum altcoins because of its revolutionary DeFi platform, which seeks to simplify trading and investing. The RCO Finance platform has enthralled crypto enthusiasts because its infrastructure combines AI and blockchain technology to offer ultra-modern trading tools.
While RCO Finance investors are spoilt for choice when picking trading features, the platform’s robo advisor remains the cream of the crop. The RCO Finance robo advisor is an automated trading expert that runs on AI. By employing AI, the robo advisor can offer investors investors data-based investment recommendations on command.
The RCO Finance robo advisor leverages machine learning and algorithms to monitor real-time market conditions. As such, the robo advisor can pair an investor’s risk tolerance and financial objectives with the best market conditions in a split second, helping raise the chances of profitability.
This strategy helps investors avoid biased and emotion-based investing, effectively reducing risk and optimizing their investment portfolios for enormous gains. Moreover, the RCO Finance robo advisor charges lower fees than traditional investors, a perk that helps the net worth of investment portfolios increase over time.
For example, the robo-advisor can help you spot opportunities across different asset classes and tell you when to take or exit a position. By optimizing your trading strategies, the crypto AI trading tool maximizes your profits while reducing your risk.
As an added benefit, the RCO Finance robo advisor provides free tax and financial legal advice, enabling investors to hone their investment skills while staying compliant. These perks explain why RCO Finance is quickly scaling the ranks of leading Ethereum altcoins.
Although the robo advisor is the highlight of the RCO Finance platform, it is worth noting that the project has also captivated investors with its rich DeFi offering. Specifically, RCO Finance offers over 120,000 assets across the crypto and traditional finance sectors. This wide-ranging offering makes portfolio diversification a breeze.
Dogecoin Slumps 3% in a Week: Will Bears Persist?
Dogecoin grapples with a bearish trend as RCO Finance continues reshaping the DeFi space. On August 11, DOGE was changing hands at around $0.1055. After an initial dip on August 12, Dogecoin gained traction after Bitcoin (BTC) reclaimed the $61,000 level, triggering a resurgence in Ethereum altcoins and the broader market.
However, Dogecoin started correcting downward after BTC tumbled below $60,000 again. By August 18, Dogecoin had leveled off at around $0.1022. This price means DOGE has shed 3% in a week. Nonetheless, the 24-hour Dogecoin volume is down 5.5% only, indicating a HODLing pattern ahead of the next significant market shift.
Shiba Inu Slides 3% in a Week: What’s Coming Next?
Like Dogecoin, Shiba Inu has performed poorly over the past week. On August 11, SHIB was hovering around $0.00001381. The BTC-triggered resurgence on August 12 saw Shiba Inu lead Ethereum altcoins in targeting higher prices. Specifically, Shiba Inu soared as high as $0.00001408 the same day.
However, speculative traders started taking profits soon afterward. As a result, Shiba Inu pulled back before stabilizing at around $0.00001344 as of August 18. This price denotes a 3% weekly plunge. Notably, the 24-hour SHIB trading volume is up 4%, indicating investors are holding their SHIB in anticipation of a noteworthy event.
RCOF Steals The Show From Ethereum Altcoins After Targeting a 1,500% Surge!
With the crypto market bleeding, investors increasingly focus on RCOF, RCO Finance’s transactional and governance token. Investors are embracing RCOF because SolidProof, a leading security firm based in Germany, audited its smart contracts.
Also, RCOF is a deflationary token with a limited supply of 800 million coins, a tokenomics model that offers it long-term viability.
By August 18, RCOF was pressing on with Stage 2 of its public pre-sale. RCOF’s price during this Stage is $0.0344. Investors that buy RCOF at $0.0344 will enjoy a 62% ROI when Stage 3 starts at $0.0558. Furthermore, this ROI is set to increase to 1,500% when RCOF reaches its listing price of $0.4-$0.6.
Every analyst right now is betting on RCOF taking a similar route to Dogecoin (DOGE) and Shiba Inu (SHIB) at their peak. Thus, the token could reach $0.7 or even hit $1 in a relatively short term.
This astronomic growth trajectory explains why you should not miss the RCO Finance pre-sale. It has the potential to outperform top Ethereum altcoins.
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