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HomeNewsCrypto Market Update: Dogecoin (DOGE) and Shiba Inu (SHIB) Extend Losses as...

Crypto Market Update: Dogecoin (DOGE) and Shiba Inu (SHIB) Extend Losses as RCO Finance Prepares for Fresh Rally

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The crypto market is edging away from the fear region after a US Court ruled Ripple (XRP) as a non-security, ending years of legal battles with the SEC. Despite this, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are lagging in the recovery and continue to extend their losses.

However, RCO Finance (RCOF) is gaining momentum where these once high-flying tokens struggle. With its growing adoption and highly successful presale, the RCOF token capitalizes on the current market dynamics as it prepares for another rally. Find out how.

Two Steps Ahead of the Market With RCO Finance (RCOF)

In the past few weeks, RCO Finance (RCOF) has continuously been a subject of interest in the crypto market. The AI-powered platform is gaining widespread adoption for decentralizing financial services by eliminating the need for human intermediaries.ย 

One feature that’s particularly appealing to traders is the Robo-Advisor. Since slow transactions have always limited traders, Robo-Advisor alleviates these burdens for new and experienced traders. The tool analyses market trends, identifies lucrative investment opportunities, and executes profitable trades on behalf of the investors.

Furthermore, the Robo-Advisor can be beneficial when traders are influenced by bias and emotions. As an artificial intelligence system, it can adjust trades in split seconds and adapt to real-time trading circumstances, providing precision and responsiveness that can be difficult for human traders to match.

All of this takes place within RCO Finance’s user-friendly platform. Registering on the RCO Finance website requires only an email address and full name, with no additional personal information like a profile picture, ID, phone number, or home address necessary to access the platform’s features.

Furthermore, RCO Finance proves its security and reliability with regular and comprehensive smart contract audits. With SolidProof’s certification, RCO Finance enhances its credibility, assuring investors that their transactions are secure and that the platform operates with a high standard of transparency.

Shiba Inu (SHIB) Burn Proves Counterproductive

Shiba Inu (SHIB) is navigating a complex market landscape following a 10.76% drop in the past week. On the one hand, SHIB’s moving averages display bullish tendencies, suggesting potential upward movement. However, the Relative Strength Index (RSI) hovers near overbought levels, hinting at possible selling pressure in the near term.

With a market cap of $8.26 billion, the lack of upward SHIB momentum raises questions about whether the token can emerge from the dumps. At press time, the Fear & Greed Index is 20 (Extreme Fear), as Shiba Inu recorded 12 of 30 green days, with 9.60% price volatility.

Dogecoin (DOGE) Comes Up Short

Dogecoin (DOGE) marked a 12.5% decrease after the release of the Dogecoin Core 1.14.8 update, which aimed to enhance the DOGE’s security, efficiency, and transaction speed. Although DOGE has shown a mix of bullish and bearish tendencies, the moving averages suggest further losses.

Moreover, the future price action of Dogecoin ( (DOGE) largely depends on broader market trends and adoption rates. Coincodex predicts a further 10-20% decrease in DOGE price over the next month.

RCOF Presale Reaches Record Inflow

According to analysts, the massive interest in the ongoing RCO Finance presale is bound to propel the RCOF token. For $0.0344 each, investors access the second stage of the presale. With a potential growth of 1,500%, the token is forecasted to launch between $0.4 and $0.6.

Investors enjoy incentives when interacting with the RCO Finance (RCOF) platform. Presale investors earn attractive APYs from staking cryptocurrency. To ensure a continuous supply of liquidity, 20% of each new user’s RCOF deposit is used.

RCOF holders also benefit from trading fee discounts, receive 30% of payment revenues, and can participate in token governance. And that’s not all. Tokens in lock-up can gain interest of up to 21% per annum.ย 

What are you waiting for? Invest early in the RCOF presale and enjoy 50% off using the promo code โ€” RCOF50.ย 

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

Visit RCO Finance Presale

Join The RCO Finance Community

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Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: [email protected] Phone: +49 160 92211628
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