The cryptocurrency community is buzzing with the price of Shiba Inu, which has increased by 5%, outperforming Dogecoin (DOGE). Meanwhile, the steady rise of RCO Finance (RCOF) has also attracted a lot of attention, with the token expected to increase by an astounding 1600% during the ongoing pre-sale.
But can this emerging token outperform these established altcoins? Learn more below.
Experts say: Keep an eye on RCO financing in the crypto space
With Shiba Inu outperforming DOGE recently, analysts are turning their attention to RCO Finance (RCOF) as a promising candidate in the crypto market. They expect to outperform both. RCO Finance is gaining recognition for its innovative AI and blockchain technology integration.
A key driver of this increased interest is the launch of its flagship robo-advisor, one of the few AI tools currently making waves in the crypto market. Robo-advisors facilitate trading by acting as financial advisors that advise you on which digital assets to invest in based on your personal needs.
Robo-advisors use databases, algorithms, and machine learning to analyze data, risk-return opportunities for each investor, and current trends. This ensures that you get the best investment recommendations whether you are a beginner or an experienced trader.
Another attractive feature of RCO Finance is its pre-derivative offering (Pre-Do). This allows investors to trade decentralized derivatives such as options, futures, and swaps. Pre-Do leverages blockchain technology to ensure transparency, interoperability, and trust.
Additionally, RCO Finance has partnered with SolidProof, a leading security company, to enhance our security measures. SolidProof’s expertise in auditing smart contracts will strengthen the security framework of DeFi trading platforms and increase confidence among users regarding their authenticity.
Shiba Inu prices rise as SHIB promotes whale activities
Shiba Inu prices have been trending down, but the latest trend on the chart shows signs of a rebound. This is largely due to significant activity by SHIB whales, with transfers to large wallets increasing by 45% in the past 24 hours and an astonishing 3,840% in the past 48 hours.
In September, SHIB bucked a six-month downward trend and soared 63%. However, after reaching $0.0000241, it fell 24% to $0.00001606 on October 4th. However, boosted by increased whale trading and renewed interest, SHIB has now recovered to $0.0000182, up more than 5% from recent lows.
DOGE fails at $0.11 as further decline may occur
Dogecoin (DOGE) is currently underperforming in the market. It is trading around $0.1124, reflecting last week’s 4.45% decline. The token has made several attempts to break above the $0.11 mark, but has failed.
Analysts say DOGE could recover lost positions if there is a new wave of buying in the market. However, if the price drops below $0.105, it would indicate further selling pressure on the memecoin.
Experts say RCOF has the ability to outperform SHIB and DOGE in pre-sales
RCOF is a promising prospect as Shiba Inu price is trading higher than Dogecoin. The token pre-sale has proven to be a remarkable success, generating close to $3 million in revenue and selling over 95 million pre-sale tokens.
With the current altcoin price at $0.0344, RCOF offers an attractive entry point for early investors. The expected listing price of $0.6 could generate gains of up to 1,600%, outperforming the year-to-date performance of Shiba Inu and Dogecoin.
To ensure the long-term value of RCOF tokens, the platform will allocate 50% of the token supply to presales, which will help maintain liquidity. Additionally, a mechanism is introduced to burn tokens to reduce the circulating supply, increasing scarcity and potentially increasing prices.
Don’t miss this great opportunity. Join the RCOF Presale now.
For more information on the RCO Finance (RCOF) presale, please see below.
Access RCO Finance Presale
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