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Dogecoin (DOGE) and Toncoin (TON) Holders Stay Firm, Why This Is Great News For Altcoins

Bitcoinist
by Bitcoinist
Last Updated: June 26, 2024 3:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Even with the crypto market on the verge of experiencing a higher dip, Dogecoin (DOGE) and Toncoin (TON) investors show no signs of selling their tokens, which could be a good sign for altcoins.

This pattern is quite clear, as all altcoins have depended on other major coins, including Bitcoin (BTC) and Ethereum (ETH), from the beginning. However, recent events have shown that DOGE and TON holders are unfazed by market turbulence, which could indicate confidence in prospects like RCO Finance (RCOF).

Dogecoin Holders Refuse to Sell

Data from Coingecko shows that Dogecoin’s (DOGE) holding time has surged by an impressive 387.03% in the last seven days. Recent market trends like the bearish trend and the increasing demand for the Dogecoin (DOGE) were key factors.

That is a sign that Dogecoin (DOGE) holders are keen to maintain their altcoins irrespective of the prevailing prices. Such behavior is commonly called “HODLing” by the crypto community, and it can have a positive impact on the stability of the given coin’s price, leading to overall growth in case acquisitions are made.

Toncoin Sees Surge in Demand

Although Toncoin (TON) has declined in demand recently and, like Dogecoin (DOGE), has experienced a price decline, the coin has maintained a strong following. The active TON and new addresses created daily have eased slightly, as has the coin’s price.

This implies that Toncoin (TON) holders are not motivated to sell their altcoins even if there is low short-run demand for the token. This is a positive sign for the future of this coin because such investors are willing to invest in it for the future.

Altcoins Poised for Growth

The steadfast holding behavior of DOGE and TON holders, combined with the unique opportunities offered by altcoins like RCO Finance, suggests that the altcoin market is poised for growth. As more investors discover their value, more people will buy them, causing an increase in their value and making them more attractive to other investors.

RCO Finance Offers Unique Opportunities

RCO Finance (RCOF) is a new-generation DeFi trading platform that connects the crypto market with traditional stocks. It enables people to trade by buying crypto and stocks like Apple or Tesla using their cryptocurrencies.

The RCOF altcoin, native to the platform, has been on an upward trend. Over 30 million altcoins have been sold in the current Stage 1 presale, allowing investors to benefit from its potential appreciation and long-term growth.

As the local currency of the RCO Finance platform, the RCOF altcoin enables the tokenization of RWAs like stocks, real estate, and commodities. It also gives holders priority customer support, governance voting rights through staking, and reduced trading fees. SolidProof has audited it to ensure its integrity and security.

RCO Finance is a Web3 platform rigged with crypto AI robo-advisor functionalities. It aims to eliminate the need for financial advisors, brokers, and fund managers as a fully AI and ML-based system to make appropriate investments depending on the investor’s goals, risk profile, and current market situation.

RCOF allows investors to invest in more than 12,500 instruments in global markets, including equities, bonds, metals, and derivatives. RCO Finance is easy to use and provides a leverage of 1000X, meaning anyone can invest in it regardless of their trading level and make good choices regarding money and profits.

Invest in RCOF Altcoin for Long Term Portfolio Growth

The current RCOF altcoin presale, priced at $0.0127, promises over 50x ROI for early investors. RCO Finance implements a stage-based price increase, ensuring all investors profit before listing.

The anticipated listing price of the RCOF altcoin is projected to be between $0.4 and $0.6, representing an impressive increase of over 3000% from the initial cost.

RCO Finance’s tokenomics model ensures long-term stability and prevents potential liquidity issues. By allocating 50% of altcoins for public sale, RCO demonstrates its commitment to community development and fair distribution.

Additionally, 12% of altcoins are dedicated to liquidity and locked for three years, preventing pump-and-dump scenarios and ensuring a stable liquidity environment for investors.

So don’t miss out on this chance to invest in RCOF and be part of the future of decentralized finance—invest today!

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

Visit RCO Finance Presale

Join The RCO Finance Community

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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