The fresh bearish cycle in the crypto market has seen investors in top altcoins like Dogecoin (DOGE) scramble to secure alternative investments to hedge their portfolios against further losses.
Luckily, an experienced analyst has spotted RCO Finance (RCOF), an upcoming altcoin that has performed impressively in its presale thus far.
Why does this analyst believe RCO Finance (RCOF) offers Dogecoin (DOGE) investors a perfect hedge? Continue reading to find out!
Dogecoin Tumbles 10% in a Week: Is a Rebound in Order?
Dogecoin has performed deplorably over the past week following a marketwide rout. On September 27, DOGE was changing hands at around $0.1188. DOGE shot up the same day after mimicking the Bitcoin (BTC) price movement as the leading crypto raced to its September peak of $66,480.
Specifically, Dogecoin surged as high as $0.1314 on September 28 as traders flocked to capitalize on the Bitcoin-triggered altcoin season. However, the buzz faded after BTC started correcting downward. Consequently, Dogecoin (DOGE) took a sharp dive before stabilizing at around $0.1064 as of October 4.
This price means DOGE has shed 10% in a week. Moreover, the 24-hour Dogecoin trading volume has slumped 10%, intimating that investors are migrating from DOGE. This migration will likely fuel the ongoing bearish trend, explaining why this analyst recommends investing in RCO Finance (RCOF).
RCOF’s Presale Presents An Exceptional Investment Opportunity
This experienced analyst is touting RCOF because its utility within the RCO Finance ecosystem underpins its long-term viability. Also, RCOF is a deflationary altcoin with a supply cap of 800 million tokens. This well-structured tokenomics model facilitates RCOF’s appreciation over time.
This altcoin has also stolen the limelight from coins like DOGE because it is safe to invest in.
Notably, leading blockchain security firm SolidProof audited RCOF’s smart contract, verifying that it was secure and free of vulnerabilities. Besides its safety, RCOF has won over investors because its presale is full of promise.
By October 4, RCOF was in Stage 2 of its quickly selling-out presale. Investors can now purchase this altcoin at an appealing price of $0.0344.
Stage 2 investors stand to realize massive returns when RCOF attains its listing price of around $0.4-$0.6, with more gains expected to come after the token launches on top exchanges.
Specifically, this analyst expects RCOF to jump 11,000x by 2025, eclipsing DOGE’s meteoric 7,000% surge in 2021.
RCO Finance Sets Out To Reshape DeFi With Its Robo Advisor
Apart from searching for high-potential altcoins to diversify their portfolios, investors are searching for cutting-edge investment platforms to simplify investing.
This explains why RCO Finance, a new DeFi platform that seeks to democratize access to professional investment management tools, has quickly gained ground.
RCO Finance relies on its AI and blockchain-powered architecture to offer investors innovative trading tools.
The most monumental feature of the RCO Finance platform is an AI-powered robo advisor. Unlike traditional financial advisors who give advice based on cognitive biases, the robo advisor leans on machine learning and algorithms.
The robo advisor’s state-of-the-art engine monitors and gleans real-time data from the 120,000+ assets RCO Finance supports. With the obtained data, the robo advisor offers investors insights on when to buy or sell assets based on their risk tolerance and financial goals.
This investment strategy helps investors shift from emotional investing, which results in low profits or losses.
Amazingly, investors can fully delegate trading to the robo advisor, enabling it to execute trades on their behalf. This functionality helps investors make the highest profits possible with minimal input.
Besides its trailblazing robo advisor, RCO Finance has caused a stir in the DeFi space because it supports real-world asset (RWA) tokenization. This feature lets crypto investors diversify their portfolios with illiquid assets like real estate, commodities, and art. By balancing their portfolios with an altcoin-RWA mix, investors can hedge against market crashes.
Coupled with the robo advisor’s unique perks, this RWA offering explains why you should embrace RCO Finance and bolster your investment portfolio.
For more information about the RCO Finance Presale:
