Shiba Inu (SHIB) and Solana (SOL) rebound impressively from the latest crypto slump, while Bitcoin (BTC) rises marginally. However, this Ethereum token gains much better than SHIB, SOL, and BTC.
Which cryptocurrency is this? And how can crypto enthusiasts benefit from its rise? Keep reading to find out.
RCO Finance Offers Superior Profit Potential
RCO Finance’s mouth-watering presale gains have caught the market’s eye. The token was sold for $0.0343 in Stage 2 of the presale. By launch, it will rise by 1,066% to $0.40, making early investors wealthy. This is also more than most other cryptocurrencies are predicted to gain within the same period.
As wonderful as this gain is, RCO Finance offers much more. The protocol’s decentralized trading platform allows crypto traders to use their crypto to invest directly in real-world assets (RWAs) like stocks, commodities, and bonds.
The platform also charges low fees, offers up to 50x leverage, and gives traders complete autonomy.
RCO Finance has also integrated artificial intelligence into the trading platform through its AI robo advisor. This advisor improves the trading experience by analyzing market trends and opportunities and providing actionable insights.
Finally, the no-KYC policy protects users’ anonymity and privacy, while third-party-audited smart contracts guarantee reliability.
SHIB Rises By 30% After Market Dump
August 5 was the worst day for crypto in 2024. External factors like the Bank of Japan raising its interest rate by 0.25% and geopolitical tensions in the Middle East caused a run on the crypto markets.
With BTC affected, other cryptos, including SHIB, were equally affected. SHIB lost 23.9% in less than 24 hours.
However, the worst of the dump was over quickly as most cryptos recovered. SHIB gained 30% over the past two days, regaining most of its loss on August 5.
Analysts say SHIB can rise to $0.000061 by the end of 2024 if the market condition improves.
Solana Gains 38.6% After Initial Slump
SOL was also affected by the crypto bloodbath on August 5. The token lost 24.2% in the chaos, reaching its lowest price in five months. However, SOL has rebounded admirably, gaining 38.6% in less than two days.
Analysts say the market has stabilized, and the selling pressure stopped. They add that this rise might have been driven by traders and holders buying the dio in anticipation of the crypto bull run later in 2024.
Experts believe the current bull cycle is not over, and this period is for consolidation. They predict that SOL can rise to $402 by 2024’s end.
Bitcoin Posts Muted Gains After Disastrous Dip
Bitcoin slumped to its lowest price in almost six months on August 5. The top cryptocurrency nosedived as exchange rate fluctuations in Japan, macroeconomic uncertainty in the US, and geopolitical tensions in the Middle East combined to cause a major shakeup in markets worldwide.
BTC has since mounted a comeback, gaining 16.4% from its lowest point on August 5. However, these gains are significantly lower than that of SHIB and SOL.
This has prompted analysts to speculate on how long it will take for the premier crypto to rebound completely.
Analysts say BTC will likely remain below $60,000 throughout August.
Buy RCOF To Enjoy The Best Profit Margin
RCOF is RCO Finance’s native token, with a total supply of 800 million. Half of this goes to public sale, 20% is for ecosystem development, and 12% is for liquidity/market-making.
Private sales and marketing get 5% each, while 4% and 2% are earmarked for the team and advisors. Ecosystem rewards receive the last 2%.
Interested investors can buy RCOF in Stage 2 of the ongoing presale for $0.0343. Anyone who purchases the token now will see their initial investments grow 10x. This massive gain dwarfs the expected gains from SHIB, SOL, and BTC.
RCOF holders will also benefit from a discount on trading fees and vote on governance proposals. They can also stake their tokens and earn impressive rewards. Token holders will also receive a share of the platform’s revenues as dividends.
Savvy investors are choosing RCO Finance for its superior gains, and you can be one of them.
For more information about the RCO Finance Presale:
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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.
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