Dogecoin (DOGE) has amassed a massive following since its launch in 2013. However, DOGE still needs to breach the $1 milestone. Consequently, investors have started searching for new high-potential tokens.
Luckily, a Shiba Inu (SHIB) millionaire believes RCO Finance (RCOF), an upcoming DeFi token, will hit $1 before Dogecoin.
Why does this Shiba Inu millionaire believe RCO Finance will hit $1 before Dogecoin? Let’s find out!
Dogecoin (DOGE) Dumps 9% As Bears Rock The Market
Dogecoin has performed deplorably over the past week. On July 26, DOGE was trading around $0.1293. However, DOGE faced a drawdown after data from IntoTheBlock revealed that Dogecoin investors had placed sell orders for over 730 million DOGE at an average price of $0.1200 as of July 30.
By August 2, DOGE had stabilized at around $0.1168, representing a 9% weekly plunge. Meanwhile, Dogecoin’s 24-hour trading volume is up 22%. Combined with the bearish outlook, this trading volume spike indicates Dogecoin will likely continue plummeting in the short term.
Zooming out, DOGE will likely experience a surge if Elon Musk, who previously endorsed it through multiple tweets, integrates it into his plans to transform X into a financial hub. However, DOGE is a highly speculative token often plagued with volatility. This explains why this Shiba inu millionaire believes DOGE will not hit $1 soon.
RCO Finance’s State-Of-The-Art Platform Positions It for Success
RCO Finance, an up-and-coming DeFi platform, has caught the attention of a Shiba Inu millionaire despite being in its presale. This burgeoning project is making waves due to its feature-rich platform, which runs on AI and blockchain technology. The AI and blockchain synergy provides unmatched automation, security, and transparency.
Additionally, the RCO Finance platform boasts the only truly AI-powered robo advisor in the crypto market. This tool helps simplify the investment experience. Specifically, the RCO Finance robo advisor uses advanced algorithms and machine learning to monitor an investor’s portfolio in real-time before recommending adjustments.
The robo advisor also helps prevent irrational investing. Specifically, the robo-advisor evaluates an investor’s risk tolerance, financial goals, and market trends and then suggests high-potential investments. This process effectively eradicates human error and bias, resulting in higher profits.
Moreover, the robo advisor charges less fees than traditional financial advisors, increasing an investor’s net returns. These features explain why this Shiba Inu millionaire believes RCO Finance’s native token, RCOF, will hit $1 before DOGE.
RCOF Emerges As The Next Big Thing
RCOF is the utility token of the RCO Finance ecosystem. In this capacity, RCOF facilitates all transactions and fees. Additionally, RCOF serves as RCO Finance’s governance token, meaning RCOF holders can propose and vote on platform improvements.
In addition, RCOF holders can loan out their tokens to traders through the lending feature and earn interest. Furthermore, RCO Finance boasts liquidity pools where investors can earn staking rewards by locking their RCOF holdings and providing liquidity to multiple trading pairs.
Another RCOF feature that makes this Shiba Inu millionaire bet on its ability to hit $1 before Dogecoin is its tokenomics structure. Notably, RCOF has a total supply of 800 million tokens and a deflationary mechanism, which burns repurchased tokens to prevent inflation.
Join The RCOF Bandwagon And Get a 3,000% ROI
As of August 2, RCOF had completed Stage 1 of its ongoing public presale and entered Stage 2 at $0.0343. By surging to $0.0343, RCOF has generated a 169% ROI for Stage 1 investors.
More importantly, this ROI will swell to 3,000% when RCOF attains its listing price of $0.4-$.06.
Based on this impressive growth trajectory, it is evident why this Shiba Inu millionaire believes RCOF will hit $1 before DOGE. So, seize this rare opportunity, hop on the RCO Finance bandwagon, and watch your investment skyrocket.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
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The post Shiba Inu Millionaire Bets that RCO Finance (RCOF) Will Hit the $1 Target Before Dogecoin (DOGE) appeared first on CaptainAltcoin.
