

RCO Finance (RCOF) Stuns Dogecoin (DOGE) and Shiba Inu (SHIB) Traders With AI-Powered Robo Advisor
Aug 25, 2024 am 03:00 AMThis tool will make becoming a millionaire seem like a walk in the park. As savvy investors migrate to RCO Finance, Shiba Inu and Dogecoin, traders
Amidst the market downturn affecting Dogecoin (DOGE) and Shiba Inu (SHIB), a new development has emerged that might pique the interest of SHIB and DOGE traders. This development pertains to an AI-powered robo-advisor from RCO Finance that can identify lucrative investment opportunities in the financial market.
According to the narrative, this AI tool is a groundbreaking DeFi innovation from RCO Finance that can propel investors to millionaire status. SHIB and DOGE traders can now utilize this AI tool as they navigate the market.
Let’s delve into the reasons why SHIB and DOGE investors should consider joining RCO Finance.
DOGE Encounters Resistance In Recovery Attempt
On August 20, DOGE recorded a 6% gain to reach $0.11 in an attempt to recover from recent losses. This price increase coincided with a rise in trading volume, bolstering the price surge. However, bears swiftly entered the DOGE market, causing the flagship meme coin to lose the gains initially realized.
Technical indicators provide insight into the factors contributing to this decline, including DOGE’s one-day Realized Cap hitting a low of $12.43 million. Additionally, Dogecoin’s liquidation heatmap indicates difficulty in breaking through the $0.10 zone due to a high concentration of sell-side liquidity.
Furthermore, the Relative Strength Index (RSI), a momentum indicator, reveals DOGE to be slightly below neutral at 45.
These indicators suggest that bears have gained the upper hand in influencing DOGE price movements, though bulls are still putting up a fight. Over the past seven days, DOGE has gained 26% and 0.23% in the last 24 hours. Without significant intervention from the bulls, the asset might experience further price drops.
SHIB Token Burn Stalls For Days
Over the past few days, Shiba Inu users have noticed that the “inferno” or dead wallet used to burn SHIB tokens hasn't recorded any new burns. According to Etherscan, the last SHIB token burn occurred five days ago, with 1.7 million tokens being burnt.
Before that, Shibburn, a platform dedicated to tracking SHIB burn rates, reported that 100,000 SHIB tokens were burned two days back.
Shibburn data shows a “frozen” 1,088% rise in SHIB burn with zero tokens burnt in the last two days. Notably, Shiba Inu's lead and developers have yet to comment on this development.
It's also worth mentioning that this isn't the first time such an issue has occurred. Earlier this year, when asked about a similar occurrence, the team stated that the developers were making several updates and additions to the Shibarium protocol.
Due to this situation, SHIB fell by 0.64% in 24 hours and 6.25% in seven days. With no response from the team yet, SHIB might continue to decrease in value over the coming days, losing much of the gains realized in the last few days.
RCO Finance Surprises SHIB and Dogecoin Traders With AI Tool
Amidst the gloomy outlook for Shiba Inu and Dogecoin, a new development has emerged that might pique the interest of SHIB and DOGE traders. This development pertains to an AI-powered robo-advisor from RCO Finance that can identify lucrative investment ventures in the financial market.
According to the narrative, this AI tool is a groundbreaking DeFi innovation from RCO Finance that can propel investors to millionaire status. SHIB and DOGE traders can now utilize this AI tool as they navigate the market.
Let’s delve into the reasons why SHIB and DOGE investors should consider joining RCO Finance.
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