Home web3.0 RCO Finance: The Ethereum Token That Could Replicate Shiba Inu's 2021 Run

RCO Finance: The Ethereum Token That Could Replicate Shiba Inu's 2021 Run

Aug 01, 2024 am 06:45 AM
Shiba Inu Ethereum Token Legendary Bitcoin Trader

Shiba Inu was the star of the 2021 bull run. The meme coin gained a breathtaking 85,000,000% between August 2020 and October 2021

RCO Finance: The Ethereum Token That Could Replicate Shiba Inu's 2021 Run

A renowned Bitcoin (BTC) trader has revealed that a new Ethereum token could replicate Shiba Inu’s (SHIB) astounding 2021 run. The trader, who goes by the name ‘GalaxyBTC,’ made the revelation in a recent tweet, where he highlighted RCO Finance (RCOF) as the new token.

According to GalaxyBTC, he sees a correlation between Shiba Inu’s beginnings and RCO Finance’s. He explained that SHIB started as a meme coin with almost negligible value, but early investors made fortunes as the coin experienced a breathtaking 85,000,000% gain between August 2020 and October 2021.

GalaxyBTC believes that RCOF has the potential for a similar early-mover advantage. The token is currently available through a presale, offering investors an opportunity to acquire the cryptocurrency at a discounted price before its launch on decentralized exchanges (DEXs).

Those who participate in the presale stand to gain up to 3000% profit when RCOF launches. This massive gain and all other fantastic features are why this Bitcoin (BTC) expert thinks RCO Finance could go on a similar run as Shiba Inu in 2021.

Shiba Inu (SHIB) started as a relatively obscure meme coin in August 2020, with its price almost negligible, as it was trading well below a cent. The coin’s value remained mostly flat for the rest of 2020.

In early 2021, as the cryptocurrency market surged, SHIB’s price began to rise, driven by speculative interest in meme coins and broader market enthusiasm. By April 2021, SHIB saw its first significant spike, reaching approximately $0.000003.

The peak in May 2021 saw SHIB hitting around $0.000038, largely fueled by its listing on major exchanges like Binance and the heightened interest in Dogecoin, another meme coin.

A major event in May 2021 was Vitalik Buterin’s gift of a significant portion of the SHIB supply, burning 410 trillion SHIB tokens. This reduced the circulating supply and caused a brief surge in price to around $0.000030. The price corrected after this peak but remained significantly higher than its pre-2021 levels.

By October 2021, SHIB experienced another rally, spiking to around $0.000080, driven by renewed interest and speculation in the crypto community, the launch of ShibaSwap, and the broader adoption of Shiba Inu in the crypto ecosystem. SHIB’s price eventually settled to $0.000070 as demand cooled.

Now, let’s take a closer look at RCO Finance (RCOF) and the features that have caught the attention of crypto experts and traders.

RCO Finance is an Ethereum token that offers users the ability to trade real-world assets (RWAs) like bonds, commodities, real estate, stocks, and more on a decentralized trading platform. The platform is powered by artificial intelligence (AI) and provides traders with leverage, low trading fees, and complete trade control.

RCO Finance is designed to be user-friendly and accessible, with no KYC requirements and audits conducted by SolidProof, a licensed European audit firm. The project also boasts one of the most lucrative presales in the crypto space.

Early investors will earn up to 3000% profit during the presale. This massive gain and all other fantastic features are why a Bitcoin (BTC) expert thinks RCO Finance could go on a similar run as Shiba Inu in 2021.

RCOF is RCO Finance’s native token. It has a total supply of 800 million, with 50% going to public sale. This creates ample opportunity for crypto enthusiasts to join the project. The remaining half is allocated to ecosystem development, liquidity/market-making, private sales, marketing, team, advisors, and ecosystem rewards.

The token is sold for $0.0127 in Stage 1 of the presale. Stage 1 participants will earn a massive 3000% profit when RCOF launches at $0.40. And with the 2024 bull run imminent, they could earn a similar post-launch surge.

In addition to this huge profit, RCOF holders will gain voting rights and discounts on trading fees. They can also stake their tokens to earn attractive rewards. Furthermore, RCOF holders are entitled to a share of RCO Finance’s revenues as dividends, the size of which depends on the number of tokens they hold.

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