The crypto market has partially recovered from the August 5 crash. Consequently, investors are starting to search for high-potential tokens with low entry points in anticipation of a renewed rally. Meanwhile, an early Dogecoin (DOGE) trader believes Shiba Inu (SHIB), Pepe (PEPE), and RCO Finance (RCOF) can turn a $100 investment into $10,000.
Why does this Dogecoin (DOGE) investor believe Shiba Inu (SHIB), PEPE, and RCO Finance (RCOF) can generate 100x returns? Read on to find out!
Shiba Inu has performed poorly over the past seven days. On August 2, SHIB was changing hands at around $0.00001553. After two days of sideways trading, SHIB plunged sharply on August 5, trading as low as $0.00001087. However, traders took advantage of this drop and bought the dip, triggering a partial rebound.
By August 9, Shiba Inu had stabilized at around $0.00001400. This price means SHIB has shed 9% in a week. So, why does this early Dogecoin investor believe SHIB can turn a $100 investment into $10,000? Notably, Shiba Inu features a deflationary mechanism, which has burned nearly 50% of SHIB’s maximum supply.
This rapid token burning will likely raise SHIB’s price over time, explaining why this DOGE trader believes SHIB is among the crypto coins that can jump 100x.
PEPE has put up an abysmal performance over the past week. On August 2, PEPE was hovering around $0.00001017. Following the August 5 crypto market crash, PEPE tumbled significantly, losing the $0.00001000 support level. Specifically, PEPE traded as low as $0.00000590 on August 5.
However, PEPE’s speculative appeal attracted investors who bought the dip. As of August 9, PEPE had stabilized at around $0.00000849. This price represents a 16% weekly plunge. However, this early DOGE investor believes DOGE can surge 100x because of its deflationary mechanism, redistribution system, and no-tax policy.
RCO Finance is a budding DeFi project that aims to transform the investment experience for crypto investors. Specifically, it strives to incorporate traditional asset classes into the DeFi space, offering investors access to over 12,500 asset classes.
Additionally, RCO Finance boasts a pre-derivatives offering, which lets investors trade decentralized derivatives, including options, futures, and swaps. Moreover, RCO Finance offers investors debit cards, which allow them to interact with the DeFi ecosystem without depending on fiat on or off-ramps.
It is worth noting that the RCO Finance state-of-the-art platform runs on AI and blockchain technology. This unique combination offers the RCO Finance platform a next-gen level of automation and decentralization. These features explain why this Dogecoin trader believes RCO Finance has massive growth potential.
In addition, RCO Finance boasts an AI-powered robo advisor, which helps crypto traders optimize their investment portfolios for increased returns.
The RCO Finance robo advisor employs advanced algorithms and machine learning to offer investment suggestions based on investors' financial goals, risk tolerance, and market trends.
In that way, the Robo Advisor can help an investor or trader identify the biggest opportunity in the market, assist them in making a good entry, and determine when to take profit. Thus, the ROI for every trader can increase.
RCOF RCO Finance’s native token. This means RCOF underpins all transactions, fees, and rewards within RCO Finance. Additionally, RCOF serves as RCO Finance’s governance token, meaning RCOF holders can propose or vote on platform improvement proposals.
While these functionalities explain why this DOGE trader believes RCOF can generate 100x returns, the token’s strong tokenomics structure is particularly impressive. To be precise, RCOF has a supply ceiling of 800 million tokens. Furthermore, RCOF’s deflationary mechanism helps reduce this supply for long-term viability.
As of August 9, RCOF was progressing with Stage 2 of its ongoing public presale. RCOF’s price during this round is $0.0344. The next RCOF price is $0.0588 during Stage 3. Once RCOF initiates Stage 3, Stage 2 investors will witness the value of their RCOF holdings increase by 62%.
Astonishingly, this ROI will increase to 1,500% when RCOF hits its listing price of around $0.4-$0.6. This astounding ROI explains why you should join this Dogecoin trader in embracing this Ethereum token pre-sale, which will likely surpass crypto investors’ expectations and surge over 100x in 2024.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.