The post Dogecoin and PEPE Lose Spot of Altcoin Most Likely to Rally 1,000% to RCO Finance, Here’s Why appeared first on Coinpedia Fintech News
Despite recent rallies, popular memecoins Dogecoin (DOGE) and Pepe (PEPE) struggle to sustain their gains. Dogecoin’s market cap of $25 billion makes growth of 1,000% unlikely, while the other altcoin–PEPE faces key resistance levels.
In contrast, RCO Finance (RCOF) is aiming for a 1,000% increase before the end of the presale, driven by its innovative DeFi platform and AI tools, and strong presale performance. Here’s why this new altcoin–RCOF could outshine these memecoins in the coming months.
Dogecoin Surges Over 30% Amid Strong AccumulationDogecoin surged over 30% in the past week and was trading around $0.145 in mid-October. It was accompanied by a massive 1,856% increase in large holder netflows, which indicates strong accumulation by major players.
This spike in netflows helped it outperform the top 50 cryptocurrencies in weekly gains. Experts say DOGE has managed to turn key support levels, like the 50-week SMAs into a new price floor of around $0.119.
The next targets for this altcoin are $0.17 and $0.19, while the 50-day MAs at $0.108 are expected to serve as significant support. Yet, experts say Dogecoin has a huge market cap of $25 billion and it’s too hard to have a 1,000% rally from here.
Pepe Tests Key Resistance at $0.00000109Pepe climbed over 12% in the past week and was trading around $0.0000107 in mid-October. This rise marks a recovery after a recent dip, boosting market confidence. The influx of liquidity has pushed PEPE to test key resistance at $0.00000109.
PEPE’s consistent buying pressure indicates growing confidence among traders. Technically, PEPE shows a cautiously optimistic outlook. This altcoin chart reveals a bullish pattern of higher highs and higher lows, while the RSI remains in neutral territory.
Additionally, a ‘golden cross’ formation further supports a bullish future. If PEPE breaches the current resistance at $0.00000109, it could lead to the next target of $0.00000112. Experts predict that a new altcoin–RCOF will rally with 1,000% gains, surpassing PEPE.
RCO Finance Simplifies DeFi Investing with AI-Powered ToolsRCO Finance is becoming popular among crypto enthusiasts due to its AI-powered tools and KYC-free ecosystem. It simplifies DeFi investing with a fully automated and no-code platform. It enables users to access advanced investment strategies without needing expertise.
By removing barriers and middlemen, it offers an efficient investment process with lesser free and direct access. RCO Finance integrates AI, ML, and blockchain to automate investing. Its self-learning AI robo advisor processes real-time data to provide effective strategies.
In addition, the robo advisor also adjusts your investment portfolio according to market movements and its findings from advanced analytics. You can include over 120,000 assets across 12,500 asset classes in your portfolio, including stocks, bonds, gold, and cryptocurrencies.
Users can also invest in real-world assets through fractal ownership, making high-value assets like real estate more accessible. Moreover, its KYC-free model allows users to bypass lengthy verification processes, which provides a quicker and more private onboarding experience.
RCOF Set for 1,000% Increase, Leaving Memecoins BehindRCO Finance is targeting a 1,000% increase after flipping memecoins like Dogecoin and Pepe by the end of 2024. In stage 3 presale, RCOF is priced at $0.055, and the project has raised over $4 million.
By the end of the presale, this top altcoin-RCOF will reach $0.60, a nearly 1,000% increase from stage 3.
In addition, the SolidProof audit confirmed the security of its smart contracts. For a limited time, they are offering a 50% buy bonus. Hurry up and load your RCOF bag!
For more information about the RCO Finance Presale: