Dogecoin Price Prediction: DOGE at Risk of a Correction While this Altcoin Replicates its 2021 1000x Rally
Dogecoin shows signs of slowing down amid the current bull run, while this new Ethereum altcoin eyes further presale gains.
Over the past week, the Bitcoin-fueled crypto bull run has seen top meme coins like Dogecoin (DOGE) surge by double digits. However, analysts believe this altcoin might soon reverse this trend and plunge into a winter market.
Meanwhile, RCO Finance (RCOF), an upcoming DeFi altcoin, is poised to continue pumping.
Read on to discover why analysts expect Dogecoin (DOGE) to plunge as RCO Finance (RCOF) continues rallying.
Dogecoin Soars 15% in a Week, But What’s In Store?
Dogecoin has been one of the best-performing altcoins over the past seven days. On September 20, the DOGE price was hovering around $0.1067. Following days of recording marginal price movements, DOGE picked up a bullish momentum on September 26 after Bitcoin (BTC) surged past $65,600.
Historically, the altcoin market has always mirrored Bitcoin’s price movements, and this time was no exception. As such, Dogecoin (DOGE) shot up and traded as high as $0.1247 on September 27 before leveling off at around $0.1239. This price means DOGE has pumped 16% in a week.
Furthermore, the Dogecoin 24-hour trading volume has increased by 52%, signaling increasing investor demand. However, DOGE whales are infamous for liquidating their assets when the altcoin surges, triggering massive corrections. This explains why analysts believe DOGE is at risk of retracing its growth.
RCOF Makes Notable Presale Progress: Huge Gains Incoming.
With uncertainty mounting around DOGE’s next move, investors are quickly making their way to the RCO Finance (RCOF) presale. RCOF is a new Ethereum altcoin with a limited supply of 800 million tokens and a deflationary mechanism to combat inflation. These features have positioned RCOF as an alluring investment.
This altcoin is also safe to invest in. RCOF’s safety can be attested by SolidProof, a leading blockchain security firm, as it audited the token’s smart contract, verifying it was secure and met industry standards. This step helped build investor confidence in RCOF, explaining why it has raised $2.17 million thus far into its presale.
By September 27, RCOF had entered Stage 2 of its presale at $0.0344. This price will continue increasing as this token progresses with its presale. Stage 2 investors will ultimately enjoy massive returns when RCOF completes its presale at a projected price of $0.4-$0.6.
It is also worth noting that analysts expect RCOF to copy DOGE’s 1,000% rally in 2021 by late 2024. Analysts attribute this bullish prediction to the increasing demand for RCOF.
RCO Finance Causes A Stir With AI-Powered Trading Tools
As investors continue diversifying their portfolios for maximum profitability during the current bull run, RCO Finance has quickly gained ground. RCO Finance has captured investor favor because its AI and blockchain-powered architecture supports multiple innovative tools, which help both novice and savvy investors trade like pros.
The crown jewel of the RCO Finance platform is its AI-powered robo advisor, which offers investors custom investment suggestions.
The robo advisor uses AI and ML to monitor and collect actionable data from the 120,000 crypto and tokenized real-world assets (RWAs) RCO Finance supports.
This game-changing trading tool then uses this data to pinpoint the best times for an investor to enter or exit positions.
This approach helps investors make informed decisions instead of relying on emotions and cognitive biases. As a result, investors significantly increase their profits while reducing exposure to risky assets.
Notably, RCO Finance allows investors to automate their accounts by giving the robo advisor the autonomy to trade on their behalf. Unlike traditional financial advisors, the robo advisor works effectively around the clock.
As such, investors can rest easy knowing the robo advisor keeps their portfolios in tip-top condition.
RCO Finance has also captured investors because it has game-changing features like debit cards, which help boost financial inclusion. Also, RCO Finance supports non-KYC registration. This feature helps lower the entry barrier while maintaining user anonymity. This explains why RCO Finance should be your go-to investment platform.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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