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Cryptocurrency News Articles
RCO Finance (RCOF) Emerges as a Top Investment Destination as Cardano (ADA) and Shiba Inu (SHIB) Flounder
Sep 05, 2024 at 11:00 am
Top altcoins like Shiba Inu (SHIB) have performed abysmally over the past week. Cardano (ADA) is also down by double digits despite the network undergoing the much-anticipated Chang hard fork.
Top altcoins like Shiba Inu (SHIB) have performed abysmally over the past week. Cardano (ADA) is also down by double digits despite the network undergoing the much-anticipated Chang hard fork.
As a result, investors have started shifting their attention to RCO Finance (RCOF), an emerging DeFi token. Why are Cardano (ADA) and Shiba Inu (SHIB) investors flocking to RCO Finance (RCOF)? Read on to find out!
Cardano (ADA) Plunges 11% in a Week: Will Bulls Take Over?
Cardano has plummeted significantly over the past seven days. On August 26, ADA was changing hands at around $0.3724. Notably, ADA attained this price due to the buzz about its Chang hand fork, initially scheduled for August 27. However, Cardano pushed the shipping date forward to September 1.
While Cardano successfully activated the Chang hard fork on September 1, its price failed to tick up. By September 2, Cardano (ADA) had stabilized at around $0.3293. This price means Cardano has shed 11% in a week. Also, the 24-hour Cardano trading volume is up 72%, indicating increasing selling pressure.
Shiba Inu (SHIB) Tumbles 10% in a Week: What’s Next?
Shiba Inu has recorded notable losses over the past week. On August 26, SHIB was hovering around $0.00001480. After a day of range-bound trading, SHIB experienced a sharp decline on August 27. This plunge came after Bitcoin (BTC) slipped below $60,000, triggering a marketwide downtrend.
By September 2, Shiba Inu (SHIB) had stabilized at around $0.00001335. This price means Shiba Inu has shed 10% in a week. Furthermore, the 24-hour Shiba Inu trading volume has jumped by 53%, showcasing increasing selling pressure from speculative traders.
RCO Finance’s Crypto AI Capabilities Steal The Show!
With the weekly charts of Dogecoin and Shiba Inu painting a bleak future, investors are migrating to RCO Finance, an emerging DeFi platform, to hedge against losses.
RCO Finance is quickly becoming the go-to platform for crypto traders because it boasts revolutionary features that run on AI and blockchain.
At the core of the RCO Finance platform is an AI-powered robo advisor, which functions as a personalized financial expert for investors. Specifically, the robo-advisor uses algorithms and machine learning to offer investors tailored investment recommendations based on risk tolerance and financial goals.
Furthermore, the robo advisor eliminates intermediaries, minimizing transaction costs, which reduce investor profits over time. By eliminating intermediaries, the robo-advisor minimizes transaction time, enabling investors to complete trades quickly for increased profitability.
Additionally, RCO can execute trades on behalf of an investor. This level of automation enables the robo advisor to open, double down, or close positions across the 120,000 crypto and TradFi assets that RCO Finance supports for lucrative trading. Amazingly, RCO Finance pairs this vast asset offering with up to 1,000x leverage, enabling investors to grab opportunities as they emerge.
These robo-advisor features help investors move on from emotional investing, often driven by greed or fear. By removing emotions, investors can enjoy minimal risk exposure during their investment journey.
RCOF Targets a 1,644% Pre-Sale ROI: More Returns Coming!
Besides its unique AI and blockchain-powered features, RCO Finance has garnered massive hype due to the growth prospects of its Ethereum token, RCOF.
RCOF is causing a stir because it has a relatively low supply cap of 800 million tokens. Furthermore, the RCOF has a deflationary mechanism to help prevent inflation.
Investors are flocking to RCOF because the token offers HODLers tier-based dividends. RCOF holders can also vote on governance proposals, helping shape the future of the RCO Finance platform.
By September 2, RCOF was proceeding with Stage 2 of its public pre-sale. RCOF’s price during this stage is $0.0344. This price is set to increase periodically until RCOF launches at $0.4-$0.6. When RCOF attains its launch price, Stage 2 investors will enjoy a 1,644% ROI.
While this ROI already exceeds Cardano’s 930% surge in 2021 and SHIB’s 1,180% rally in Q4 2021, experts believe RCOF will pump further after launching on leading exchanges. This forecast explains why you should join the
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation.
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- Bitcoin (BTC) Whales Ramp Up Accumulation as Exchange Reserves Decline
- Sep 11, 2024 at 05:05 am
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- Sep 11, 2024 at 05:05 am
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- Meme Coins Buck Last Week's Downtrend and Embark on a Bullish Pathway
- Sep 11, 2024 at 05:00 am
- Among the top gainers are Popcat, Dogs, Dogwifhat, Dogecoin, and Brett, while the new presale token Pepe Unchained is also showing strength.
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- Venmo and PayPal Users Can Now Transfer Cryptocurrency Using ENS Names
- Sep 11, 2024 at 04:55 am
- An ENS name can act as a nickname for a blockchain address. Instead of sending tokens to a long, complicated address made up of letters and numbers, users can register a name like “your name.eth” to transfer cryptocurrency.
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- SwissCheese (SWCH) Rallies 111% in a Week, But Is It Worth Buying?
- Sep 11, 2024 at 04:45 am
- SwissCheese stands out from typical meme coins by establishing a unique position in the crypto market. Launched on the Polygon ecosystem
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- Friend.tech Denies Shutdown Rumors, Clarifies Smart Contract Renouncement
- Sep 11, 2024 at 04:45 am
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- Friend.tech Denies Shutdown Rumors, FRIEND Token Surges 58%
- Sep 11, 2024 at 04:45 am
- The popular decentralized social media platform Friend.tech has been at the center of industry chatter in recent days, with rumors swirling about a potential shutdown following a shuffle in its administration.
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