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Joining this SHIB Killer Today is like Buying Shiba Inu in 2021 Before its 8,000% Rally, Says Analyst

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4 months ago

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Memecoins have a fascinating history in the crypto market, with assets like Shiba Inu (SHIB) turning small investments into millions, especially in 2021. Back then, few could predict SHIB’s extraordinary 8,000% rally, turning a meme coin into one of history’s most profitable altcoin investments.

Fast forward to today, a new contender is emerging that analysts believe could replicate that unprecedented growth. 

Dubbed the ‘SHIB killer,’ RCO Finance has turned the heads of many investors who believe in its utility propositions in the DeFi space. Could joining RCOF today offer the same explosive returns as Shiba Inu did just a few years ago?

Why is RCO Finance Considered as a ‘SHIB Killer’

Analysts are not using the term “SHIB Killer” lightly. SHIB achieved a high valuation through the attention of retail investors and crypto enthusiasts worldwide. While SHIB was launched as a meme coin with no purpose, RCOF is entering the market to integrate DeFi with TradFi.

RCO Finance aims to revolutionize DeFi services through staking, lending, and liquidity. While SHIB benefited from the meme aspect, RCOF is all about usefulness and provides tangible benefits to investors. By presenting itself as a useful instrument, RCOF wants to attract meme lovers and dedicated holders of altcoins.

Crypto AI Trading: A Game Changer for Investors

The integration of AI and cryptocurrency is steadily growing, with recent news mentioning its application by VP Kamala Harris in her campaign, indicating the potential for this segment. With more people adopting crypto AI, platforms such as RCO Finance are being established to ease trading.

Another unique aspect of RCO Finance is that it is an AI-based robo-advisor that provides customized investment solutions based on the user’s investment objectives and risk appetite.

This innovation eliminates the need for conventional financial advisors to make trading decisions on behalf of users; instead, it allows them to make decisions autonomously using real-time data and trends.

The robo advisor constantly updates its strategies through machine learning algorithms, allowing users to capitalize on market changes without having to be experts in trading.

RCO Finance Brings Revolution to DeFi With RWAs Tokenization

The real-world asset (RWA) tokenization industry experienced a breakout year in 2024, which will pave the way for growth until the end of the decade. Therefore, RCOF has capitalized on this, offering an advanced system with tokenized RWAs, thus filling the gap between DeFi.

The platform allows users to trade more than 120,000 digital assets, including cryptocurrencies and tokenized RWAs such as real estate, stocks, bonds, and valuable metals. This broad choice caters to users’ needs and enables them to invest in diversified portfolios that minimize risk and maximize returns.

This capability not only increases accessibility but also strategically positions RCO Finance in the growing RWA tokenization market, which is estimated to be $30 trillion by 2030.

Given a leverage of 1000x on some of the assets, the RCOF investors can amplify even small stakes. The debit card provided by the platform assures that they can access their investments from anywhere in the world without being restricted by geographical location.

Moreover, RCO Finance operates within a no-KYC ecosystem, prioritizing user privacy and anonymity. Thus, by minimizing onboarding friction, RCO Finance gains a wider audience, including people who appreciate anonymity in their financial transactions.

Security is always a major issue in the crypto space, and to counter this, RCO Finance connects the system with Fireblocks. Furthermore, the RCOF token has been audited by SolidProof, a blockchain security company, to guarantee the asset safety and reliability of the smart contracts.

Potential to Outpace Shiba Inu (SHIB)’s Growth

RCO Finance has captured attention with its potential to replicate the meteoric rise of Shiba Inu in 2021. It has already attracted investments exceeding $3.5 million.

RCOF tokens are currently trading at $0.0343 in Stage 2 of the presale and could reach between $0.40 and $0.60 at launch. It is expected to deliver more than anticipated figures to investors and give them good investment returns.

Apart from high returns on investment, RCO Finance provides passive income avenues in the form of quarterly dividends, a private syndicate ETF, trade discounts, tier-based rewards, cashback, and rebates.

In addition, token holders of RCO Finance have a voting privilege to enable them to make important decisions concerning the platform’s future. This approach encourages the active involvement of investors and ensures that they share the same goal of achieving the project’s sustainable development.

Seize this early call and buy RCO Finance. Type RCOF50 in the code box, get a 50% bonus on your tokens, and join the DeFi revolution.

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

Visit RCO Finance Presale

Join The RCO Finance Community



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ByBit Hacked, BTC Stagnant, LTC ETF Advances

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6 minutes ago

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February 23, 2025

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Crypto Highlights This Week: The broader market concludes another interesting week, primarily keeping investors on their toes. Cryptocurrency exchange behemoth Bybit suffered a $1.4 billion hack this week, whereas BTC and altcoins remained stagnant despite market advancements. Simultaneously, the meme coin sector panicked amid the emergence of the Argentinian LIBRA token.

Here’s a brief collection of some of the top crypto market updates reported by CoinGape Media over the past week.

Weekly Crypto Highlights: ByBit Exchange Hacked By N. Korean Group

The renowned cryptocurrency exchange Bybit was hacked by ‘The Lazarus Group’ this week, resulting in a massive exploitation of funds. Reportedly, the North Korean criminal organization stole $1.4 billion worth of ETH from the crypto exchange.

As a result, the broader crypto market saw a whopping $566 million liquidated in a day as investors started panic selling. In turn, BTC and altcoins reversed recent gains, backtracking to previous lows. BTC price closed the week at around $96K, whereas ETH was near $2,800. XRP & SOL also reversed recent gains, trading in the red this weekend.

It’s also worth mentioning that ByBit rolled out a $140 million bounty for cybersecurity experts to recover $1.4 billion stolen in Ethereum.

LIBRA Token Panic: What Happened?

Meanwhile, Argentinian President Javier Milei endorsed the Solana-based LIBRA meme token this week, which soon rocketed in value. However, the market was taken by storm when insiders cashed out massive amounts amid the rally, urging LIBRA price to crash over 90%. This saga raised rug-pull concerns surrounding the crypto, further bringing heat to its price.

However, President Javier Milei ordered a probe into the launch and KIP Protocol, aiming to rectify the error and bolster the token. This saga has emerged as another noteworthy crypto highlight this week, underscoring the market’s risky nature.

ETF Filings This Week

Simultaneously, a stockpile of ETF advancements was witnessed this week. Canary Capital’s Litecoin ETF emerged on Depository Trust & Clearing Corporation (DTCC), solidifying chances of approval.

Further, Grayscale’s XRP ETF entered the U.S. SEC’s review mode.

Also, asset manager Franklin Templeton filed an S-1 to launch a spot Solana ETF with the U.S. SEC this week. Mentioned above are the top crypto market highlights for this week, which appear to have substantially impacted investor sentiment.

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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.





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Bybit Turns To Bitget And Binance For $239 Million ETH Loan Amid Withdrawal Spike

Published

3 hours ago

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February 23, 2025

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Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and liquidated on several platforms.

Ben Zhou, Bybit’s CEO, promptly addressed the hack and told users that the site’s other cold wallets are secure and withdrawals are processed “normally”. 

As the company struggles with a surge in withdrawal requests, it received over 88,000 ETH (worth around $239 million) from popular exchanges like Binance and Bitget. The fresh crypto transfers from these two popular exchanges boosted Bybit’s liquidity, allowing it serve the customers’ withdrawal requests.

Authorities Link Breach To North Korean Hacking Group

Friday’s hacking of the Bybit cold wallet is considered the biggest crypto hacking on record. Arkham Intelligence and Elliptic said the stolen digital assets were quickly transferred to different accounts and liquidated within minutes. Elliptic reports that the hacking is by far the biggest in the industry and easily surpassed the stolen $570 million from Binance in 2022 and the $611 million worth of crypto assets drained from Poly Network in 2021.

Elliptic speculated that the Lazarus Group, a state-backed hacking team in North Korea, perpetrated the hack. The Lazarus Group is known for its crypto-hacking activities, stealing billions of dollars from different sites. 

Bybit Gets Help From Binance And Bitget

As Bybit struggled to service the surge of withdrawals, it received help from other popular exchanges to cover the requests. Arkham said the exchange received more than 88,000 Ether or roughly $239 million from Binance and Bitget addresses.

The fund infusion can boost the exchange’s current liquidity as it addresses the massive withdrawal requests. Bybit confirmed that its users moved funds from the exchange after the hack was made public.

ETH is currently trading at $2,734. Chart: TradingView

Arkham said Bitget transferred 40,000 Ether, or $106 million, to a Bybit cold wallet on February 21st at 19:44 (UTC). Lookonchain argued that Bitget transferred its funds to the exchange to boost its liquidity and serve as a vote of confidence. 

After 10 minutes, a Binance hot wallet transferred 11,800 Ether or $31 million to the same Bybit cold wallet address. In total, Binance has transferred 47,800 Ether or $127.48 million. 

CEO Explains Crypto Exchange Remains Solvent

Bybit’s CEO, Ben Zhou, has assured its users and customers that the exchange is solvent. In a Twitter/X post, the CEO explained that the customers’ funds are backed 1:1 and that the company can service the losses even if it fails to recover them.

Featured image from Adobe Stock, chart from TradingView





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Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

Published

8 hours ago

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February 22, 2025

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VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept?

The Potential Impact Of Strategic Bitcoin Reserves

The study examines a scenario in which the US government obtains up to 1 million BTC during a five-year period. If this strategy comes to fruition, VanEck believes that such a reserve may help balance almost $21 trillion in national debt by 2049. Based on forecasts of future debt growth, this equates to around 18% of the expected total debt at the time.

However, this positive forecast is heavily reliant on Bitcoin’s price trajectory. VanEck’s model forecasts that BTC will grow at a 25% compounded annual rate (CAGR). Starting with an estimated acquisition price of $100,000 per unit in 2025, the crypto would need to see sustained price increases over the next two decades.

Source: VanEck

Debt Growth Versus Bitcoin Appreciation

The study considers the expected 5% annual rate of increase in US debt trajectory. Any effort to balance the predicted $100 trillion national debt by 2049 will need assets with big appreciation potential.

Though highly volatile, Bitcoin presents both a challenge and an opportunity. A 25% CAGR is an ambitious aim considering past pricing volatility, regulatory uncertainties, and industry acceptance patterns. Should the slow down in the crypto’s expansion, the reserve might not meet expectations, therefore lessening its value in addressing national debt.

BTC is now trading at $96,456. Chart: TradingView

Bitcoin As A Government Asset

VanEck’s view is consistent with a broader discussion concerning the leading digital currency’s role in national economies. Countries such as El Salvador have already adopted the top coin into their financial plans, albeit on a far lesser scale. If the US took a similar strategy, it would be an unparalleled shift in monetary policy.

The practicality of building such a massive Bitcoin reserve raises concerns. Would the government buy the crypto asset gradually or in bulk? How would it safeguard and govern such an asset? These uncertainties complicate VanEck’s vision.

A High-Risk Gamble Or A Financial Breakthrough?

VanEck’s research presents an intriguing possibility, despite these obstacles. The potential of BTC as a long-term wealth reserve is still a topic of debate among economists and policymakers. It may be feasible to employ the digital asset to mitigate national debt if its value continues to increase.

For now, the feasibility of this strategy remains uncertain. The US government has yet to indicate any concrete plans to acquire the alpha crypto on a large scale. But with national debt rising and Bitcoin’s influence growing, discussions around this unconventional solution are far from over.

Featured image from Gemini Imagen, chart from TradingView



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