The crypto market bull run has seen the Shiba Inu price make a noteworthy leap in October. However, the SHIB rally has slowed as investors migrate to tokens, which promise better returns.
Meanwhile, RCO Finance (RCOF), a new DeFi altcoin, has stolen the spotlight from top cryptos after securing $3.67 million during its presale.
What’s next for Shiba Inu (SHIB), and what’s the driving force behind RCO Finance’s stellar performance? Continue reading to discover!
Shiba Inu Spikes 12% in a Week: What’s Coming Next?
Shiba Inu has impressed investors with its recent gains. Specifically, the Shiba Inu price has surged 12% over the past seven days. On October 11, the Shiba Inu price was trading around $0.00001673. The Shiba Inu price gained traction the same day due to the bullish sentiment in the broader crypto market.
This surge intensified after Shiba Inu partnered with MASS on October 14. The resulting pump saw the Shiba Inu price soar as high as $0.00001899 on October 16 before backtracking. By October 18, Shiba Inu (SHIB) had leveled off at around $0.00001843. This price means SHIB has surged 12% in a week.
Despite these gains, analysts foresee the Shiba Inu price erasing its gains. Analysts base this prediction on investors shifting from SHIB as the buzz about the partnership with MASS wanes. The 24-hour trading volume of this altcoin supports this forecast as it is down 11%.
RCOF Targets Higher Prices As Its Presale Quickly Sells Out
As the Shiba Inu price continues to show signs of slowing down, investors have opted to invest in RCOF. RCOF has won over investors because its utility within the RCO Finance stages it for massive growth in the long term. Also, RCOF’s limited supply of 800 million tokens and a deflationary mechanism support its longevity.
In addition, RCOF has won over investors because SolidProof, a leading blockchain security firm, audited its smart contract.
This audit verified that RCOF is a safe altcoin that adheres to set industry standards. This explains why this Ethereum-based altcoin had secured $3.67 million in funding as of October 18
It is worth noting that RCOF has attained this milestone during the ongoing Stage 1 of its presale. RCOF is currently going for $0.0344. This price offers investors an appealing point into RCOF’s presale. Stage 1 investors will get colossal returns when RCOF soars to its projected launch price of $0.4-$0.6.
What’s more, analysts believe RCOF will surge 4,000% by 2025. By making this leap, RCOF will have outshined Shiba Inu’s 1,100% pump in Q4 2024. This explains why RCOF has emerged as a top altcoin to buy.
RCO Finance Intrigues DeFi Traders With Its Robo Advisor
With the Shiba Inu price losing momentum, altcoin investors are shifting their focus to RCO Finance to adjust their portfolios. RCOF has won over investors because it boasts an AI and blockchain-powered design. This design supports multiple trading tools that give investors an edge while investing in the 120,000+ supported crypto and TradFi assets.
The most monumental trading tool on RCO Finance is an AI-powered robo advisor, which assists investors in picking high-potential investments by offering them personalized recommendations. The robo-advisor uses machine learning and advanced algorithms to analyze market data before generating these insights.
Investors who use these recommendations raise their chances of profitability. This is because they can pinpoint the optimal time to enter or exit positions. These recommendations also enable investors to eliminate emotions and guesswork from their investment strategies.
Amazingly, investors can customize their RCO Finance accounts, giving the robo advisor the power to trade on their behalf. In doing so, investors can rest easy as the robo advisor executes profitable trades 24/7.
RCO Finance RWA Tokenization Capabilities Wow Investors
The declining momentum in the Shiba Inu price has prompted investors to purchase illiquid assets to hedge against potential losses. Luckily, RCO Finance tokenizes real-world assets (RWAs) like real estate and commodities, facilitating the creation of strong portfolios.
RCO Finance has also wowed investors because it issues non-KYC debit cards, allowing investors to spend crypto in the DeFi ecosystem and the real economy. This explains why you should embrace RCO Finance and smoothen your investment experience.
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Read Also: Bitcoin Surges 2.5% to $68415 as U.S. Spot ETFs Hit $20 Billion in Net Flows
Disclaimer: Information provided on AlexaBlockchain is for informational purposes only and not financial advice. Crypto investments, including ICOs, IDOs, presales, and other token offerings, are highly risky. You are responsible for conducting your own research (DYOR) before making any financial commitments. Take professional advice before making any investment. Read complete disclaimer here.