RCO Finance (RCOF) Develops Into A Market Movement As Shiba Inu (SHIB) Faces A Key Test

Despite the whirlwind that started in Q4, investors now have to worry about the future of Shiba Inu after a top Dogecoin trader hints at a key technical level.

A top Dogecoin trader has highlighted a key technical indicator that could spell disaster for the future of Shiba Inu.

The trader, known for their successful Dogecoin trades, has shifted their focus to a lesser-known rival, RCO Finance, after making large purchases.

As the presale for RCOF tokens continues, let's explore why you should consider investing in this emerging token.

Shiba Inu (SHIB) Market Cap Drops 9% In One Week

Data shows that Shiba Inu's (SHIB) market capitalization has decreased by 9% in the past week, dropping from $10.98 billion to $9.5 billion. Recently, a popular trader warned the market against Shiba Inu long-term due to its massive technical indicator.

The news has raised concerns among SHIB holders who had flocked to the token during its meteoric rise.

Shiba Inu's (SHIB) market sentiment is currently bearish, while the Fear & Greed Index is showing 29. SHIB investors want to improve their declining portfolios following its high volatility and correspondence with Bitcoin.

Top Dogecoin Trader Believes RCO Finance (RCOF) Is Developing Into A Major Market Participant

This top Dogecoin trader believes RCO Finance (RCOF) is developing as a major participant in the DeFi space, as it provides investors with a one-of-a-kind platform that simplifies trading and asset management by merging AI and blockchain technologies.

At the core of this ecosystem is its Robo Advisor, which analyzes market patterns and optimizes portfolios to assist customers in making better investing decisions.

Powered by advanced algorithms, the tool analyzes real-time data and market trends to offer users smart, unbiased trading decisions.

Unlike traditional advisors, the Robo advisor operates 24/7, ensuring continuous monitoring and optimizing investment strategies without emotional influence. Investors can customize their strategies while benefiting from the AI’s high predictive accuracy.

RCO Finance offers investors up to 1,000x trading capabilities and access to over 120,000 tradable assets on the platform, including stocks, real estate, and many more.

This allows users to trade directly with cryptocurrencies, eliminating the need to convert to fiat.

Moreover, RCO Finance strongly emphasizes the security of user investments, with its smart contracts undergoing rigorous audits by SolidProof, a leading security firm in the industry.

The AI trading platform also incorporates robust security measures, including those provided by Fireblocks, to ensure a safe and secure trading environment for all users.

Dogecoin (DOGE) Drops 9.6% Amid Market Downturn

Given its 0.87 correlation with Bitcoin price, Dogecoin (DOGE) has experienced significant market fluctuations.

After peaking at $0.0131 within the past week, Dogecoin has dropped by 9.6%. The Relative Strength Index (RSI) has been hovering around 36, which indicates a slightly bearish trend.

Additionally, the drop in trading volume suggests a waning interest among investors. If the current trend continues, the percentage of Dogecoin holders who are not making money will increase from 25% to possibly 40%.

RCOF Presale Marks $2.42 Million, Tokens Selling Out Fast

The second stage of the RCO Finance presale is in full swing. Tokens are offered at a reduced altcoin price of $0.0344.

The presale received an overwhelming response from the very first day, raising over $2.42 million in revenue.

Analysts estimate the price will surge even higher upon the token's official launch, to around $0.4 – $0.6. This would equate to an ROI potential of 1,640% for early presale participants, surpassing Shiba Inu's year-to-date gains.

RCOF also encourages participation by offering a generous 50% bonus on token purchases using the promo code RCOF50.

With over 25% of the total token supply already sold, the presale is quickly selling out, and any investor who desires to take advantage of it must hurry to acquire the RCOF tokens.

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

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