Connect with us

Altcoin

Rookie Dogecoin Trader that Turned $1000 to $1M Unveils Next Big Bet Aiming for a 12,000x Bull Run by Q1 2025

Published

on


After turning $1,000 into $1 million with Dogecoin, a rookie trader is setting his sights on RCOF as his next major investment. 

With predictions of a 12,000x bull run by Q1 2025, RCO Finance (RCOF) is quickly establishing itself as the presale token to watch in Q4 of 2024. Let’s see why you should also capitalize on this investment opportunity! 

RCO Finance introduces a New AI Trading System Featuring A Robo-Advisor 

Just as Dogecoin captured the public’s imagination and created crypto millionaires, RCO Finance is quickly emerging as the next big opportunity. 

RCO Finance (RCOF) is at the forefront of integrating AI with financial services, presenting a DeFi trading platform designed for beginners and seasoned traders.

Thanks to its flagship Robo Advisor, which creates a new reality in investment by making it as simple as having a cold beverage in the sun. 

This smart software analyzes market trends, assesses risks, and initiates trades, so you can watch the business world go by without having to look at screens all day.

The AI Robo advisor also looks at factors such as the financial profile of the user, the risk profile, and the market profile of the investor. The trading tool intelligently analyzes the market and shows clients where to invest or adjust their portfolios at any moment.

RCO Finance (RCOF): Leading the Future of Trading

RCO Finance is an AI trading platform that supports over 120,000 digital assets in 12,500 classes. This wide range of assets helps increase liquidity and simplify portfolio management, as the client does not have to perform fiat swaps to carry out trades directly.

The DeFi platform’s smart contracts execute automatically when specific conditions are met, eliminating the need for intermediaries. RCO Finance has undergone a rigorous audit by the reputable firm SolidProof to bolster user confidence in their investments further.

To increase the rate of returns, RCO Finance has provided staking for assets in the liquidity pool, keeping reserves for trading pairs, and instant asset swapping. 

The AMM feature works based on supply and demand markets to ensure the most favorable transaction rate.

Whales Accumulate 1 Billion DOGE

Since the last few days, whales have accumulated approximately 1 billion DOGE. This suggests the token price support to rise after it started at a downward spiral in October’s first few days. 

While Dogecoin (DOGE) was valued at $0.13, it dropped by 15%, indicating that whales may capitalize on the dip.

Santiment shows that DOGE supply held by address with 100M-1B coins increased from 29.88B to 30.88B, revealing that whales bought 1 billion coins in 2 days, costing around $100M. Significant buying entices investors, and if this continues, an upward price movement may occur.

Investors holding time for Dogecoin have surged, indicating anticipation of gains. Juan Pellicer from IntoTheBlock suggests this buying is crucial for Dogecoin’s recovery, with “Coins Holding Time” up 536% in the past week, signaling many are choosing to hold rather than sell.

DOGE Millionaire Expects 12,000x RCO Growth Next Year

The Dogecoin trader who turned a $1,000 investment into $1 million is now endorsing RCOF, predicting its price could soar by 12,000% by 2025. This expectation, combined with the token’s embedded deflationary feature, has reportedly boosted market demand in its token presale.

In its second presale stage at $0.0344, forecasts suggest RCOF could surge to $0.60 upon its market debut. 

Early adopters could see returns exceeding 1,000%, with some projections indicating that RCOF may replicate Dogecoin’s remarkable rally in 2021 by 2025.

Unlike many platforms that depend on fixed liquidity from a set token supply, RCO Finance takes an innovative approach. It allocates 20% of each new user’s RCOF deposit to provide liquidity, ensuring consistent and attractive Annual Percentage Yields (APYs) for RCOF holders.

Invest in RCOF now and seize the opportunity to make significant gains!

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

 



Source link

Altcoin

World Liberty Financial Purchases 14,403 Ethereum, ETH Price Rally Ahead?

Published

on


Donald Trump’s decentralized finance (DeFi) project World Liberty Financial has purchased a massive 14,403 Ethereum in the last 24 hours, cementing further confidence in the altcoin. The project made a fresh investment of $16 million in buying these coins and is already sitting on profit as the ETH price surged 5% to $3,4000.

World Liberty Financial Stashes More Ethereum

Trump’s World Liberty Financial (WLFI) has continued to accumulate Ethereum, spending a total of 48 million USDC to acquire 14,403 ETH at a price of $3,333 in the past 12 hours, as per data from Arkham Intelligence.

Source: Arkham Intelligence

The organization now holds 40,765K ETH, valued at approximately $138.5 million. Additionally, World Liberty has a significant amount of ETH stored on Coinbase, which they recently deposited.

This recent accumulation puts behind the doubts that the Donald TrumpDeFi Project was offloading its ETH. As World Liberty Financial clarified, it was just part of routine transfers to new wallets and not part of their selling.

More Ethereum Purchases Coming?

On the other hand, Eric Trump, the executive vice president of the Trump organization has hinted that there’s more to come ahead.

Commenting on the recent development around the TRUMP meme coin launch as well as the MELANIA meme coin launch, Donald Trump Jr. wrote:

“We are all extremely proud of what we continue to accomplish in crypto. $Trump is currently the hottest digital meme on earth and I truly believe that World Liberty Financial will revolutionize DeFi/Cefi and will be the future of finance. We are just getting started!”

ETH Price Surge to $4,000 Begins

Looking past last week’s underperformance, Ethereum bulls have charged in once again! In the last 24 hours, the ETH price has surged 5.11% moving past $3,400 levels with daily trading volumes jumping 117% to $68 billion. In the last 24 hours, the total ETH liquidations have shot up to $209 million as per the Coinglass data.

Popular crypto analyst CrediBULL crypto stated that ETH has bounced back from the strong support levels of $3,100 and is on the way to its immediate target of $4,000.

Source: CrediBULL Crypto

Popular analyst Ali Martinez highlights that during every bullish cycle, Ethereum (ETH) has traded above the 3.2 MVRV Pricing Band, a level that currently stands at $7,000.

World Liberty Financial (WLFI) Token Sale

World Liberty Financial, has successfully completed the pre-sale of its token and is now offering more at a 230% markup due to overwhelming demand. Launched in September, the platform initially planned to sell 20% of its total 100 billion. However, the project is now offering an additional 5 billion for sale at 5 cents each. The official announcement from the project notes:

“We’ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply”.

Tron founder Justin Sun took this opportunity with TRON DAO boosting its investment in World Liberty Financial by adding an additional $45 million. With this new injection, TRON DAO’s total investments in the DeFi venture now reach $75 million.

✓ Share:

Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoin

Coinbase CEO Reveals Plan To Offer ‘Tier-1 Support’ For Solana Alike BTC & Ether

Published

on


In an effort to uplift market sentiment, Coinbase CEO recently announced plans to offer ‘tier 1 support’ to Solana following transaction glitches on the crypto trading platform. Notably, the exchange’s CEO, Brian Armstrong, revealed that the transaction glitch on the network was fixed. Further, efforts to prevent such issues ahead were also underway.

As a result, the crypto exchange giant now eyes increased support for the network, mirroring the same level offered to Bitcoin and Ether.

Coinbase CEO Reveals Tier 1 Support Underway

In an X post by Brian Armstrong dated January 22, the Coinbase CEO revealed that the crypto exchange is aiming to provide “tier 1 support for Solana, with the same level of support as Bitcoin, Ethereum, and Base.” This statement indicated that after recent withdrawal issues faced by users on the crypto exchange, efforts to prevent such events in the future were in the pipeline.

Notably, Armstrong stated, “It’s clear we need to step up our game on Solana, scale our infrastructure, and provide native support for common use cases like DEX/memecoin trading.” Although, the CEO’s statements underscored that although the crypto trading platform is currently unable to tackle the surge in activity, a positive outlook for users lies ahead.

SOL Transaction Glitch Fixed: Coinbase CEO

Meanwhile, the Coinbase CEO has also revealed that the exchange has “the Solana backlog triaged, and transactions should generate quickly again.” This statement comes against the backdrop of a SOL withdrawal halt, wherein leading crypto exchanges Coinbase and Binance halted withdrawals for the crypto amid high withdrawal volumes.

In turn, some traders remain unhappy due to the loss incurred amid the network glitch, whilst others look to withdraw funds as the issue is fixed amid a broader crypto market recovery.

SOL Price Surges Over 7%

As of press time, SOL price pumped nearly 7.5% intraday and is sitting at $257.48. The coin’s 24-hour low and high were $236.36 and $259.83, respectively. Intriguingly, the crypto’s rising trajectory in tandem with the transaction trouble fix, as revealed by the Coinbase CEO, has ignited significant investor enthusiasm. Moreover, the current pump also mirrors the broader crypto market trend, as mentioned above.

Also, it’s worth mentioning that the Solana network saw a huge surge in activity amid the meme coins TRUMP and MELANIA’s recent launch, a potential reason why withdrawal volumes on Coinbase surged. In light of this activity surge, a recent SOL price analysis by CoinGape revealed that the token may experience significant growth ahead. In turn, crypto market watchers continue to eye the token with bullish long-term prospects amid recent developments.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoin

Tron Founder Justin Sun Reveals Plan To Push Ethereum To $10K

Published

on


Tron founder Justin Sun has laid out an ambitious plan to drive Ethereum (ETH) price towards a $10,000 price point. Sun’s proposal includes halting ETH sales, taxing Layer 2 solutions, and focusing on Layer 1 development. These bold steps are designed to strengthen the token position in the crypto market and ensure long-term growth.

Sun’s strategy aims to not only optimize ETH supply but also create a deflationary system to build market confidence and attract further investments. His plan comes as the token market dynamics continue to evolve.

Justin Sun’s Bold Plan to Boost ETH Price

On January 22, Justin Sun shared his plan on X to push Ethereum price to $10,000. The Tron founder proposes ceasing Ethereum Foundation (EF) sales of ETH for the next three years. By halting the sale, Sun believes supply will remain stable, supporting a deflationary market model.

Additionally, Sun plans to leverage AAVE lending, staking yields, and stablecoin borrowing to cover operational costs, ensuring long-term sustainability. His vision includes restructuring the ecosystem and creating a more efficient system to fuel ETH’s price growth.

Justin Sun’s Vision for Ethereum and Layer 2 Solutions

Justin Sun has been vocal about his plan and making waves within the crypto community. He also expressed admiration for newly elected US President Donald Trump, highlighting the potential for crypto-friendly policies. Sun’s proposed tax on Layer 2 solutions is a key strategy, aiming to generate at least $5 billion annually.

All collected taxes will be used to repurchase and burn ETH, helping to drive the token’s deflationary nature. Tron founder plans to focus on bolstering Ethereum’s core development, ensuring its long-term scalability, and reinforcing its value proposition.

ETH Price Context and Market Update

Ethereum price has remained steady, trading within a range of $3,265 to $3,366 in the past 24 hours. Its 24-hour trading volume was $26 billion, reflecting a slump of 36%. Notably, Ether Futures Open Interest stayed near the flatline today.

However, despite the fluctuation, ETH remains a focal point for large investors. Recent Coingape reports indicate that whales have accumulated over $1 billion in ETH over the past few days.

Adding to the market dynamics, Tron founder Justin Sun has deposited a total of 227,000 ETH to the crypto exchange HTX over the past few months. This move by Sun, in conjunction with his ambitious plans for Ethereum, could further influence ETH’s price trajectory.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io