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Cryptocurrency News Articles
RCO Finance (RCOF) Shines Bright Despite Bitcoin (BTC) Continued Market Slump; DOGE and SHIB Holders Count Their Gains
Sep 11, 2024 at 04:00 am
Dogecoin (DOGE) and Shiba Inu (SHIB) holders are counting their gains from RCO Finance's (RCOF) spectacular pump despite Bitcoin's (BTC) continued to dump.
Dogecoin (DOGE) and Shiba Inu (SHIB) holders are counting their gains from RCO Finance’s (RCOF) spectacular pump despite Bitcoin’s (BTC) continued to dump.
Why has RCOF’s price continued to rise? And how can other investors benefit from this price increase? Stay tuned to find out.
Bitcoin Loses Another 10% In One Month
Bitcoin has continued its steady decline since rising above $70,000 in March 2024. The premier cryptocurrency has lost 10.2% in the last 30 days, falling to around $54,000.
Analysts have blamed falling ETF flows for BTC’s slump. According to them, the hype surrounding the Bitcoin ETFs has tapered out, leaving negligible demand.
Another reason BTC is falling might be Bitcoin’s historical performance around this time of the year. Since 2010, BTC has had an average loss of 4.51% in September.
So analysts say BTC might continue to trade within the $45,000 to $60,000 range for at least the next month.
RCO Finance Moves Against The Prevalent Market Conditions
However, BTC’s dump has not affected RCOF because of its lucrative presale. Some DOGE and SHIB investors have already made a 150% profit from participating early in RCO Finance’s presale.
Other investors can also earn over 1,000% profit if they buy RCOF at the current price of $0.0343 in Stage 2.
Fortunately, RCO Finance offers much more than massive profits. The protocol has a decentralized trading platform that allows users to trade real-world assets, such as commodities, stocks, bonds, real estate, etc, with their crypto tokens.
RCO Finance has also integrated artificial intelligence into the trading platform with its AI robo advisor. This advisor uses mathematical models to generate data-driven and actionable trading insights that help traders increase profitability.
It achieves this by reducing the time spent watching the markets and eliminating the effects of human error and bias.
These offerings have also strengthened interest in RCO Finance, helping the protocol raise $2 million during the presale.
DOGE Affected By Adverse Market Forces
Dogecoin is the foremost meme coin and has garnered many investors since its inception. However, the general market downturn has recently affected the token, losing 7.6% in the past 30 days.
However, some DOGE holders have already insulated against this slump by buying RCOF. Some have made up to 150% gains from diversifying their holdings.
With September a historically poor month for the crypto market, DOGE might fall further or remain within its current range of $0.800 and $0.120.
SHIB Holders Find Alternatives Amidst Slump
Since its launch in 2020, Shiba Inu has grown exponentially, becoming the poster cryptocurrency of the 2020/2021 bull run. The project has also expanded, building and launching an L2 network named Shibarium.
Despite these developments, SHIB has also suffered during the ongoing market slump. The meme coin has lost 7.6% in the past month.
Fortunately for some SHIB holders, they had also invested in RCO Finance’s presale, earning huge gains and offsetting their SHIB losses.
Analysts say SHIB will remain within $0.000010 and $0.000020 during this market downturn.
Join RCOF To Earn Epic Profits
RCOF is RCO Finance’s native token, and its total supply is 800 million. Half of this supply is allocated to public sale, 20% to ecosystem development, and 12% to liquidity/market-making. The remaining 18% is shared between marketing, private sales, the team, advisors, and ecosystem rewards.
The token is currently sold for $0.0343 in the ongoing presale. Interested investors who buy RCOF now will earn 10x their initial investments when it rises to $0.40 at launch. This starkly contrasts the losses many other cryptos are experiencing now.
Other advantages of holding RCOF include voting rights and huge discounts on trading fees. Token holders can also stake their tokens and earn up to 88% APY. Depending on the number of tokens they hold, they are also entitled to a share of the platform’s revenues as dividends.
You can benefit from RCOF’s continued rise by purchasing the token today.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
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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