The Dogecoin price is outperforming Bitcoin. Surprising right? Dogecoin is renowned for its ability to outperform other cryptos during price swings. This is the case here, as DOGE, backed by a loyal community and strong market sentiment, is experiencing more growth than Bitcoin. DOGE has grown by 196% in the past month compared to BTC’s 41%.

Dogecoin’s momentum is impressive, but a new altcoin, RCO Finance (RCOF), garners attention with its revolutionary features and impressive growth potential. This ingenious altcoin combines AI and DeFi to democratize access to digital and real-world assets. Aiming for a 43,209% rally, RCOF is a rising challenger you can’t ignore. 

Why Analysts Believe The Dogecoin Price Will Keep Beating Bitcoin

DOGE continues to surpass expectations as the Dogecoin price outperforms Bitcoin. These are the factors contributing to this impressive performance.

Dogecoin has a lot of meme appeal. As the original memecoin, Dogecoin began as a joke, evolving into a cultural movement. Its mascot, the Shiba Inu dog and humorous branding helped it resonate with a wider audience. This makes it more appealing and accessible than Bitcoin, considered a serious investment-focused altcoin. 

DOGE has a strong community behind it. The Doge Army is pivotal to ensuring Dogecoin remains relevant and helps drive up the Dogecoin price. This community is known for its enthusiastic support, charitable initiatives and social media engagement. These efforts are all to increase awareness and drive up the price.

Celebrity endorsements and media attention also boost Dogecoin’s performance. Backing from high-profile figures, particularly Elon Musk, has greatly increased DOGE’s visibility and improved market performance. 

Musk’s tweets have directly led to immediate surges in the Dogecoin price. Although Bitcoin gets attention from high-profile figures, it lacks the same meme-driven promotion as DOGE. 

Coupled with viral marketing, DOGE can quickly capture public interest, causing rapid increases in the Dogecoin price and attracting new investors looking for short-term gains.  

RCO Finance (RCOF): The Altcoin Positioned to Outperform DOGE

As the Dogecoin price performance continues to eclipse Bitcoin’s growth, investors are also drawn to RCOF’s ambitious growth potential. This AI altcoin merges crypto and traditional finance, allowing users to buy real-world assets using crypto. Primed for a massive 43,209% rally, RCOF could outperform Dogecoin.

RCOF’s growth is spearheaded by its AI trading tools. These advanced tools give users a competitive edge, allowing them to make smarter choices. 

They offer price predictions, market analysis, customized investment guidance, and automated portfolio management. You can customize these tools to your needs, ensuring their insights align with your goals.  

A prime example is the robo-advisor. This AI tool provides custom investment strategies and advice based on your preferences. 

It factors in your financial goals, risk tolerance and market conditions to present the best course of action that ensures maximum profitability. Its insights eliminate emotional trading, making you less susceptible to fear or greed. By making more sound choices, you avoid unnecessary risks. 

The robo-advisor benefits both newbies and exerts. It has educational materials that help break down complex markets, helping users regain more control over their portfolios. 

With the robo-advisor, even beginners can make smart investment decisions and maximize their returns. For seasoned traders, the tool’s advanced insights help enhance their strategies and boost profitability. This combination ensures that all users, regardless of their experience, can achieve their goals.   

RCOF offers access to more than 120,000 tradable assets, including real-world assets such as ETFs, bonds, etc., which can be bought using cryptocurrency. This variety is rare in the crypto world, and bypassing crypto conversion to fiat currency simplifies the process and saves money. 

Access to digital and real-world assets on one platform enables users to easily invest in high-value assets and diversify their portfolios. This rebalancing improves portfolio value and helps mitigate risk by adding more stable assets. 

RCOF employs blockchain to record all transactions immutably, reducing risks of fraud and errors. RCO Finance has undergone a rigorous audit by SolidProof, ensuring the platform’s smart contracts are secure and transparent.    

Join RCOF’s High-Growth Journey

As the Dogecoin price continues to outperform Bitcoin, it shows the power of meme appeal and strong community support. However, for investors looking for a high-growth altcoin that provides more than speculative hype, RCOF is emerging as a compelling option. 

With its cutting-edge AI-powered platform and diverse investment options, RCOF could yield even higher gains than DOGE. 

The ongoing RCOF presale offers a unique opportunity to claim your spot in this utility-driven altcoin. Tokens are still available at a discounted price of $0.055. If you join now, you also get a bonus and access to the RCOF platform. But you have to act fast. Tokens are selling out quickly, and the price will increase in the next stage. 

Don’t miss the opportunity to capitalize on RCOF’s projected 43,209% rally. Invest in RCOF today. 

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

Visit RCO Finance Presale

Join The RCO Finance Community

The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned in the past 24 hours has declined noticeably, which gives rise to a concern about the activity surrounding Shiba Inu and whether the already declining Shiba Inu price action could be negatively affected.

Shiba Inu Burn Suffers 30% Crash

Shiba Inu’s burn rate is a main principle of the SHIB tokenomics strategy, as it is aimed at reducing supply and increasing scarcity over time. However, recent data from Shibburn.com indicates a concerning drop in burn activity. Over the past 24 hours, only 3.378 million SHIB tokens were removed from circulation through burning. While this figure may initially appear plenty, it actually represents a sharp 30.36% decline compared to the previous 24-hour period.

This decline in the total number of tokens burned shows a slowdown in burn activity, which is particularly noticeable when compared to the heightened burn levels recorded just two days ago. A detailed look into data from Shibburn.com shows that this decline is evident not only in the reduced total number of burn transactions but also in the markedly smaller amounts of SHIB tokens being sent for burning in each transaction.

Furthermore, the low burn activity is further visible when compared to the SHIB burns two days ago. For instance, the highest number of SHIB tokens burned in one transaction in the past 24 hours comes out at 1.99 million SHIB tokens. This pales in comparison to the 169 million burned in one single transaction just two days ago.

What Does This Mean For SHIB Price? Bearish Trend Ahead?

The critical question remains whether the decline in burn rate will translate into a corresponding drop in SHIB’s price. Interestingly, the SHIB price movements seem to be reflecting the decline in the low activity. At the time of writing, SHIB is trading within a narrow range between $0.00002756 and $0.00002330 in the past seven days. 

The SHIB price movement started the week on a bearish note and is down by about 1.3% in the past 24 hours. Particularly, the SHIB price is trading at $0.0000253, although reaching a low of $0.00002436 in the past 24 hours. Furthermore, the SHIB trading volume has declined by 19.27% in the past 24 hours, further relaying the low activity trend.

However, the Shiba Inu burn crash doesn’t necessarily spell gloom for the SHIB price. A resurgence in broader crypto activity could cause the return of bullish activity into the meme coin, especially if the Bitcoin price eventually breaks above $100,000.

Featured image created with Dall.E, chart from Tradingview.com

Ripple CLO Stuart Alderoty slammed the U.S. Securities and Exchange Commission (SEC) for bragging about enforcement actions and raising record fines. Stuart Alderoty has challenged the bragging rights of the US SEC, highlighting the flawed approach the government agency has taken in lawsuits.

Ripple CLO Slams US SEC For Boasting About Fines Collection

Ripple CLO Stuart Alderoty reacted to the U.S. Securities and Exchange Commission’s (SEC) post on X about collecting record fines in the history of the agency.

Alderoty lambasted the US SEC for bragging about record fines collection. He compared it with a professor boasting about their highest-ever class failure rate and the most cheating scandals.

Furthermore, he added that the SEC’s oversight has gone wrong, driven by perverse incentives. Notably, the agency has also failed to provide clarity to the crypto community about rules and regulations. “It’s not a measure of success,” he added.

“We announced that the SEC filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, the highest amount in SEC history, said the US SEC.

The government agency also boasted about the success of the Division of Enforcement under SEC Chair Gary Gensler. It claims the enforcement division has helped promote the integrity of capital markets to benefit investors.

However, investors claimed the agency has harmed investors more and Gary Gensler is the least effective SEC Chairman in American history.

$4.5 Billion budget. $8.2 billion fines. $1 Trillion damage to capital markets. Solid taxpayer ROI.

— Gabor Gurbacs (@gaborgurbacs) November 26, 2024

Ripple Launches Tokenized Money Market Fund

Ripple has introduced its first tokenized money market fund in partnership with UK-based asset manager abrdn and crypto exchange Archax. The fund, available on the XRP Ledger (XRPL), aims to enhance financial accessibility and liquidity.

Meanwhile, XRP futures open interest surpassed $2.50 billion, signaling growing trader activity. Whale accumulation also continues, with over 250 million XRP purchased during recent price dips. This has fueled speculation of a rally toward $20 as XRP shows strong market demand.

Currently, XRP price trades at $1.33, down 10% in the last 24 hours. Its market cap stands at $75 billion, with $10 billion in trading volume.

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Varinder Singh

Varinder has over 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently leading the news team to cover latest updates and developments in the crypto industry.

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.