Several cryptocurrencies are experiencing a notable level of relief, with some gaining attention by entering the list of altcoins trending today. This surge could be attributed to improved investor sentiment and decreasing selling pressure.

Using data from CoinGecko, BeInCrypto highlights the top trending altcoins, the factors driving their popularity, and what might come next. The top three trending altcoins on October 21 are KOALA AI (KOKO), KLAUS (KLAUS), and Goatseus Maximus (GOAT).

KOALA AI (KOKO) 

KOALA AI, a project that combines the humor of meme coins with the power of Artificial Intelligence (AI), tops the list of trending altcoins today. Inspired by the frog-themed meme coin Pepe (PEPE), KOALA AI is gaining traction due to the growing bullish sentiment around the AI + meme coin narrative that has been dominating the market since last week.

As a result, KOKO’s price has surged by 70% in the last 24 hours, currently trading at $0.0000055. According to the daily chart, the Relative Strength Index (RSI) reading has crossed the overbought level, which is usually above 70.00.

It is also the same with the Money Flow Index (MFI), whose reading has surpassed 80.00. While these positions imply massive buying pressure, they also indicate that profit-taking could soon begin. 

Read more: Best Crypto Exchanges With the Lowest Trading Fees

If that happens, KOKO’s might lose its place as one of the altcoins trending today. In that case, the price could also decline to $0.0000047. However, if bulls keep up the pressure, the altcoin’s value could rise and break above $0.0000060;

KLAUS (KLAUS)

Next on the list is KLAUS, which is also a cryptocurrency with a meme coin narrative behind it. KLAUS is a trending altcoin today because its price has increased by 565% within the last seven days.

As of this writing, the KLAUS price is $0.040. On the one-hour chart, the altcoin faces notable overhead resistance at $0.045, which is one reason KLAUS’s price might continue to struggle in the short term.

Given the current technical setup, the cryptocurrency’s price is likely to drop to $0.030. But traders interested in this altcoin should watch out.  Should KLAUS break through the overhead resistance, this prediction might be invalidated, and the token could climb to $0.056.

Goatseus Maximus (GOAT)

Goatseus Maximus appears to be the frontrunner of the ongoing AI + meme coin narrative in the market. This is because it is one of the altcoins that Truth Terminal, the AI that recently became a millionaire, held to reach that status.

However, GOAT’s price recently dropped by 50%. This happened following reports that the Truth Terminal is operated by humans, contributing to its inclusion in the altcoins trending today. 

Despite the initial drop and FUD around it, Lookonchain reported that a whale accumulated another $2 million worth of GOAT.  Currently, the same whale holds  21.39 million, which was acquired using $7.14 million.

Read more: 11 Cryptos To Add To Your Portfolio Before Altcoin Season

Following this development, GOAT’s price increased again and currently sits at $0.40. However, if large accumulation continues, the altcoin’s value might rally to $0.58 in the short term.

On the contrary, if crypto whales begin to sell in large numbers like one is doing, this forecast might not come to pass. Instead, GOAT’s price might fall to $0.29.

The Shiba Inu price is gaining attention as the crypto market gains stability, with memecoins like SHIB and Dogecoin making a comeback through impressive upticks. Backed by legions of devoted fans and bold ambitions, the Shiba Inu price trajectory has become a topic of hot debate.

However, as SHIB tries to expand its ecosystem with initiatives such as Shibarium and token burns, its growth is still ongoing. Although Shiba Inu is on the right track, some believe that it will be overtaken by a less popular altcoin, RCO Finance (RCOF), which has the potential to grow 3,000 times.

SHIB on the Verge: Can Shiba Inu Break Free or Face Stiff Rivalry?

Shiba Inu enthusiasts are waiting for a surge, and the altcoin appears to be gaining strength. Crypto analyst “Crypto Sheriff” (@Gem_Sheriff on X) has confidently stated that SHIB may be on the verge of breaking out of its consolidation phase with the first target of reaching $0.00002.

Currently, the Shiba Inu price is at $0.00001896, and investors are keenly observing the formation of a descending triangle pattern, which could go either way.

Sheriff is convinced that an upward breakout will likely occur, which may lead to a new rally, but he also notes that meme coins are highly unpredictable. SHIB has also recovered, having gained 5.7% in the past week and over 34% in the last 30 days.

The coin’s market activity shows that investors are gaining confidence in the cryptocurrency as it has a 24-hour trading volume of $432.95 million and a market capitalization of $11.17 billion.

However, analysts are still careful with such predictions, especially since the memecoin market is quite volatile. Some believe the Shiba Inu price is closer to its breakout, while others think it may still need to catch up to new entrants offering exponential growth.

The Quiet Rise of RCO Finance: A Meme Coin Killer in the Making?

Some have described RCO Finance as a potential meme coin killer, but it generates buzz for all the right reasons. While Shiba Inu is primarily concerned with developing its ecosystem, RCO Finance offers immediate utility with outstanding financial instruments that could revolutionize DeFi.

What makes RCO Finance unique is the incorporation of crypto AI, which improves the trading process and makes sophisticated investment methods available to everyone. 

At the heart of this change is the Robo Advisor, an AI-based investment tool that recommends personalized investment plans and adjusts them in real-time based on market conditions.

The Robo Advisor employs sophisticated algorithms to process market information and develop investment plans corresponding to the user’s objectives and risk profile. This helps users enjoy institutional-level trading without much market knowledge as the AI tracks conditions and rebalances portfolios.

Apart from the intelligent advisory, RCO Finance provides a decentralized trading exchange where users can access more than 120,000 assets from 12,500 classes. This broad spectrum of assets encompasses common financial instruments such as equities and bonds, cryptocurrencies, and even real-world assets backed by tokens, including real estate and artworks.

Another advantage of RCO Finance is the availability of high leverage, which enables traders to increase their stakes up to 1000 times. While many platforms limit leverage to the minimum, RCO Finance enables users to take certain risks that can bring high profits.

RCO Finance functions in a no-KYC setting, meaning users can engage with DeFi products without undergoing rigorous identity validation. In addition, the RCOF token smart contract has been audited by SolidProof, a leading blockchain auditing firm.

Will RCO Finance’s Ambition Overshadow SHIB’s Loyalty?

While the Shiba Inu price movement has been relatively stable, some investors believe it is high time to make a return investment. Consequently, The current RCO Finance (RCOF) token presale has become the hottest ticket for those seeking explosive gains. The presale has garnered significant attention, raising over $3.8 million in months.

Priced at just $0.03, RCOF offers a unique opportunity for early investors to participate in the next major altcoin breakout. Despite the anticipated $0.6 listing price, market forecasts predict a staggering 3,000x return, making even the most optimistic Shiba Inu price prediction pale in comparison.

RCOF token holders enjoy various benefits within the ecosystem. By holding RCOF tokens, users can access exclusive features like discounted trading fees and participation in governance decisions that impact the platform’s future.

The project’s popularity has increased due to the potential for passive income through staking, yield farming, and DeFi lending. Users can stake their RCOF tokens and earn high APYs of up to 86%, creating an additional revenue stream while contributing to the network’s stability.

Take advantage of this early opportunity and join the RCO Finance presale to be part of DeFi’s future.

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

Visit RCO Finance Presale

Join The RCO Finance Community