As the crypto market continues bleeding, a Shiba Inu (SHIB) whale has caused a stir after selling 255 billion tokens to buy into the crypto AI sector. This significant dump has forced traders to shift to fresh tokens in the crypto AI field.
This explains why RCO Finance (RCOF), an emerging crypto AI token, is getting noteworthy investor attention. Why did this Shiba Inu (SHIB) whale dump his holdings, and why is RCO Finance (RCOF) quickly gaining popularity? Let’s find out!
Shiba Inu Tumbles 10% in a Week: Will Bears Persist?
Shiba Inu has showcased a lackluster performance over the past seven days. On August 24, SHIB was changing hands at around $0.00001549. Notably, SHIB attained this price due to a bullish trend, which started after Bitcoin (BTC) soared past $64,000, rejuvenating hopes of a fresh rally.
However, BTC crashed, dragging Shiba Inu and the broader altcoin market. By August 31, Shiba Inu (SHIB) had stabilized at around $0.00001397. This price means SHIB has shed 10% in a week. Moreover, the 24-hour SHIB trading volume is down 11%, indicating dwindling investor interest.
This bleak outlook explains why this early Shiba Inu whale dumped 255.62 billion SHIB tokens worth $3.5 million to purchase Artificial Superintelligence Alliance (FET), a crypto AI token.
RCO Finance’s Crypto AI Features Capture Investor Attention!
After this early Shiba Inu whale dumped SHIB for FET, crypto traders have shifted their focus to the crypto AI sector. RCO Finance, an upcoming DeFi platform, has emerged as the go-to crypto AI project.
This budding platform is making headway because it leverages AI and blockchain technology to offer high-end trading tools.
The highest-ranking feature of the RCO Finance platform is its AI-powered robo advisor. This means the robo advisor leverages advanced algorithms and machine learning to monitor multiple markets in real time and offers investors tailored investment recommendations based on risk tolerance and financial goals.
With the RCO Finance platform supporting 120,000+ assets across 12,500 crypto and TradFi classes, the robo advisor can effortlessly pinpoint high-potential investments. Moreover, the robo advisor can advise investors when to enter or exit positions for maximum profits and minimal risk.
These robo advisor tips help investors eliminate emotions and cognitive biases from their investment strategies, explaining why RCO Finance has become the go-to platform for smart traders. To sweeten its offering, the robo advisor provides free tax and financial legal advice to help investors stay compliant.
While the robo advisor is the centerpiece of the RCO Finance platform, the project is making waves because of other features. These include non-KYC debit cards, a pre-derivatives offering (pre-DO), up to 1,000x leverage, and yield farming, to mention a few.
RCOF Set To Jump 1,644% Soon!
RCO Finance is also stealing the spotlight from established crypto AI projects because of its Ethereum-based native token, RCOF. Investors are flocking to RCOF because it is a deflationary token with a maximum supply of 800 million tokens.
Furthermore, SolidProof, a top blockchain security firm, audited RCOF’s smart contract. The firm verified that the token’s codebase was secure, helping boost investor confidence in RCOF.
RCOF is currently in Stage 2 of its ongoing public pre-sale. Investors can now purchase RCOF at $0.0344. When the token attains its listing price of between $0.4 and $0.6, investors will get a 1,644% ROI.
Amazingly, analysts believe RCOF can replicate Shiba Inu’s over 50,000% parabolic rise in 2021 after it launches on top DEXs and CEXs. This bullish outlook explains why you should now hop on the RCO Finance bandwagon.
For more information about the RCO Finance Presale:
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