The crypto market has started recovering from the start-of-October crash. As a result, top altcoins like Shiba Inu (SHIB) have erased recent losses, setting the stage for a 50% surge in less than two weeks.
Meanwhile, RCO Finance (RCOF), a new Ethereum altcoin, has grabbed headlines after targeting higher presale prices.
Will the Shiba Inu price make a bullish comeback, and what is fueling the sharp rise in RCO Finance (RCOF)? Let’s find out!
Shiba Inu Plunges 1% in a Week: Is Bullish Reversal In Order?
Shiba Inu has traded in the red over the past seven days. On September 30, the Shiba Inu price was hovering around $0.00001873. After holding this level for a day, SHIB dived sharply on October 1. This tumble came after Bitcoin (BTC) fell to the $60,000 level, causing fears of a fresh winter market.
This fear saw speculative traders dump SHIB, forcing the Shiba Inu price to slump to $0.00001557 on October 3. However, Bitcoin started recovering and the Shiba Inu price followed suit. By October 7, the Shiba Inu price had stabilized at around $0.00001852. This Shiba Inu price means the altcoin has shed 1% in a week.
However, the 24-hour SHIB trading volume has surged 81%, indicating growing investor interest in this altcoin. Should investors continue embracing SHIB, the Shiba Inu price will likely make a full recovery and pump 50% in 10 days.
RCOF Poised To Make Moon Shots As Investors Embrace Its Presale
Although the Shiba Inu price shows bullish signs, investors are flocking to RCOF for higher returns. RCOF has attracted SHIB investors because its presale has secured $2.73 million thus far, making it one of the fastest-growing ICOs in the crypto market. Despite this rapid growth, this altcoin offers investors an appealing entry point.
As of October 7, RCOF was going for $0.0344 during Stage 2 of its price. This price allows investors to stock up on this high-potential Ethereum altcoin. Once RCOF climbs to its projected listing price of $0.4-$0.6, Stage 2 investors will enjoy humongous returns.
Moreover, experts foresee RCOF surging 2,000x by Q4 2024, surpassing Shiba Inu’s Q4 2021 surge. Experts base this bullish prediction on RCOF attracting more investors due to its safety, which can be authenticated by the smart contract audit conducted by SolidProof, a renowned figure in the blockchain security firm.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
RCO Finance’s RWA Tokenization Capabilities Grip The DeFi Space
As the Shiba Inu price and the broader altcoin market continue bleeding, investors are shifting to RCO Finance to diversify their portfolios and hedge against further losses. RCO is a top hedging platform because it supports tokenizing real-world assets (RWAs).
Through RWA tokenization, Shiba Inu offers investors access to illiquid assets like commodities and real estate. As such, investors can adjust their portfolios to ride out bearish waves in the crypto market.
Furthermore, this feature contributes to RCO Finance’s vast offering of 120,000+ crypto and TradFi assets.
Apart from the RWA tokenization feature, RCO Finance has captured the attention of SHIB investors because of its AI-powered robo advisor. The RCO Finance robo advisor utilizes machine learning and advanced algorithms to track and gather vast market data. This cutting-edge tool then uses this data to provide personalized investment advice.
For instance, the robo advisor can inform investors on when to buy or sell specific assets for peak profitability. Interestingly, the robo advisor can also trade on an investor’s behalf. This autonomy enables the robo advisor to spot and invest in high-potential opportunities that match an investor’s risk tolerance and financial goals.
Furthermore, the robo advisor’s AI engine eliminates intermediaries who charge exorbitant fees, which eat into an investor's returns. By eliminating intermediaries like banks, custodians, and brokers, the robo advisor charges low fees, helping increase an investor’s net returns over time.
RCO Finance has also intrigued altcoin investors because it supports non-KYC onboarding. This approach helps lower the entry barrier while maintaining user anonymity. Also, RCO Finance issues non-KYC debit cards, enabling investors to easily spend crypto within the DeFi ecosystem and in the real economy.
These game-changing features explain why you should embrace the RCO Finance movement and invest like a pro.
For more information about the RCO Finance Presale: