The crypto market is gradually overcoming the bearish trend that started in October. Despite this trend reversal, a top Dogecoin trader is diversifying his portfolio by dumping Shiba Inu (SHIB) and purchasing RCO Finance (RCOF), an upcoming altcoin that has emerged as a DOGE killer after secured $3.06 million thus far during its presale.
So, why is this Dogecoin trader shifting gears from Shiba Inu (SHIB) to RCO Finance (RCOF)? Let’s find out!
Shiba Inu is struggling to turn the tables after starting October on a declining pattern. On October 1, SHIB was changing hands at around $0.00001716. Shiba Inu slumped after mirroring the Bitcoin price movement, plunging from its September peak of $66,480.
Specifically, Shiba Inu traded as low as $0.00001553 on October 3 before making a complete comeback on October 7 and hitting $0.00001878.
However, traders started taking profits, and this altcoin pulled back. By October 10, Shiba Inu (SHIB) had stabilized at around $0.00001616.
This price means Shiba Inu has shed 5% since the start of October. This lackluster performance has seen investors shift from Shiba Inu, evidenced by the 9% drop in the 24-hour SHIB trading volume.
Moreover, this Dogecoin trader believes Shiba Inu might plunge further if Bitcoin (BTC), currently trading at $60,450, slips below $60,000.
As Shiba Inu grapples with a dominant bearish force, RCOF has won over investors by maintaining an upward trajectory during its presale.
Thus far, RCOF has secured $3.06 million, explaining why this trader considers this altcoin the real DOGE killer. This Dogecoin trader has also shifted to RCOF because its presale offers a low entry point.
By October 10, RCOF was going for $0.0344 during Stage 2 of its presale. Interestingly, RCOF is set to launch at a projected price of $0.4-$0.6. When RCOF attains its listing price, Stage 2 investors will realize a massive increase in the value of their RCOF holdings.
Moreover, this Dogecoin trader predicts that RCOF will outdo Shiba Inu’s 1,100% surge in Q4 2021. This trader expects this high-potential presale altcoin to make this leap by Q4 2024. This Dogecoin trader pegs this bullish prediction that RCOF will gain more adoption because it is a safe investment.
It is worth noting that SolidProof, a Germany-based blockchain security firm, audited RCOF’s smart contract, verifying that it was free of vulnerabilities and adhered to established industry standards.
This Dogecoin trader is also buzzing about RCOF, which underpins all transactions on the RCO Finance platform. RCO Finance has caught the attention of this trader because it supports real-world asset (RWA) tokenization.
This feature exposes crypto investors to assets like real estate and commodities, simplifying portfolio diversification.
Additionally, RCO Finance employs AI and blockchain technology to offer users access to multiple investment management tools. The most prominent tool on the RCO Finance platform is its AI-powered robo advisor, which runs on machine learning and advanced algorithms.
With its AI and ML-driven architecture, the robo advisor monitors the 120,000+ crypto and TradFi assets on RCO Finance, gathering actionable data. The robo advisor then uses this data to curate custom investment insights.
These tips help investors make informed investment decisions, boosting profits and reducing risk exposure.
Also, the robo advisor can invest on investors’ behalf, snatching market opportunities that match their preferences in real time. This level of automation offers investors the benefits of professional investing without having to put in the work.
These features explain why this Dogecoin trader is dumping Shiba Inu to join RCO Finance’s ethereum altcoin presale.
Apart from its robo advisor, RCO Finance has also piqued the interest of this Dogecoin trader because it supports non-KYC onboarding.
This forward-looking approach lowers the entry barriers and helps investors preserve their anonymity. Additionally, RCO Finance issues non-KYC debit cards to boost financial inclusion.
On top of this, RCO Finance offers investors multiple options to earn passively, including lending and staking. Also, RCO Finance offers RCOF HODLers tier-based dividends.
These benefits explain why you should join this Dogecoin trader in dumping Shiba Inu to purchase RCO Finance’s presale altcoin for a lucrative investment journey.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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