The crypto market has turned bearish after rallying for the better part of September. As a result, coins like PEPE and DOGS have recorded noteworthy losses as investors continue flocking to high-potential tokens. Amazingly, RCO Finance (RCOF), an emerging Ethereum altcoin, has witnessed massive investor attention after raising over $2.42 million during its public presale.
Are PEPE and DOGS in for an imminent resurgence, and what’s fueling the sharp climb in RCO Finance (RCOF)? Let’s find out.
PEPE has plunged significantly over the past seven days. On September 27, PEPE was changing hands at around $0.000009502. PEPE gained momentum the same day after mirroring the Bitcoin (BTC) price movement, which saw it climb as high as $66,480. The resulting uptrend saw PEPE jump as high as $0.000011900 on September 29.
However, BTC’s bulls got exhausted and triggered a sharp retractment. Consequently, PEPE plunged sharply. By October 4, PEPE has stabilized at around $0.000008662. This price means PEPE has plunged 8% in a week. Moreover, the 26% drop in the 24-hour PEPE trading volume means investors are shifting from this altcoin.
Like PEPE, DOGS has performed abysmally over the past week. On September 27, the DOGS price was hovering around $0.0008455. Following Bitcoin’s surge past $66,400 on September 27, DOGS gained bullish steam and soared as high as $0.0009506 the same day.
However, the excitement about Bitcoin’s rally faded, and DOGS started correcting downward before starting a raging bearish trend. By October 4, DOGS had stabilized at around $0.00066112. This price denotes a 21% weekly slump. Furthermore, the 5% increase in the 24-hour DOGS trading volume indicates weakening investor interest.
With PEPE and DOGS deep in the red territory, investors have found a safe haven in RCOF. This new Ethereum-based altcoin has won over investors because its utility as RCO Finance’s base currency and governance token underpins its long-term growth. Moreover, RCOF is a deflationary token with a limited supply of 800 million tokens.
Investors are also warming up to this altcoin because it is a safe token to invest in. SolidProof, a top-rated blockchain security company, can attest to RCOF’s safety. Notably, the company audited RCOF’s smart contract thoroughly, verifying that it met industry standards and was free of security vulnerabilities.
Apart from these features, RCOF has stolen the show because its presale promises early investors huge returns. By October 4, RCOF was in Stage 1 of its presale. Investors can purchase RCOF at $0.0344 during this Stage and watch their investments grow significantly as this altcoin soars toward its launch price of $0.4-$0.6.
Astonishingly, experts expect RCOF to surge 8,000% by late 2024, surpassing PEPE’s 1,225% pump in 2024.
With the crypto market turning red, investors are seeking alternative assets to diversify their portfolios and hedge against further losses. This explains why RCO Finance, a new DeFi platform that supports the tokenization of real-world assets (RWAs), has witnessed an influx of investors.
Through RWA tokenization, RCO Finance exposes investors to illiquid assets like real estate and commodities. Additionally, RCO Finance features a pre-derivatives offering (pre-DO), which lets investors trade swaps, options, and futures. In total, RCO Finance supports a staggering 120,000+ crypto and TradFi assets spanning 12,500+ classes.
However, the most impressive feature of the RCO Finance platform is its AI-powered robo advisor. This AI-driven trading tool offers investors free investment recommendations based on their financial goals and risk tolerance. As such, the robo advisor helps investors move on from emotional investing, which often results in losses.
Furthermore, the robo advisor can simplify tapping market opportunities by investing on behalf of investors. This capability enables the robo advisor to enter potentially profitable positions early while simultaneously exiting risky ones. This approach maximizes profitability and minimizes risk exposure.
The robo advisor further distinguishes itself from traditional financial advisors by eliminating intermediaries. In doing so, the robo advisor significantly reduces transaction costs and time, offering investors a top-tier investing experience.
Apart from its innovative robo advisor, RCO Finance has also grabbed headlines because its yield farming feature and tier-based dividend model helps investors increase net returns.
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