Altcoin
Analyst Says the Dogecoin Price Will Keep Outperforming Bitcoin While This Altcoin Aims for a 43,209% Rally
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:
Pi Network seems to be losing ground as Pi Coin price continues to face strong selling pressure, dropping another 4% and slipping under $0.70. Furthermore, the PI trading activity in the ecosystem is also dropping, showing that the investors’ euphoria is fading away quickly. Also, the PI token unlocks happening over the past week and so have led to a negative sentiment.
Pi Network Faces Backlash Despite PiFest Announcement
Earlier today, the Pi Core team announced that the inaugural PiFest on the Open Network saw record participation, with over 125,000 registered sellers—including more than 58,000 active sellers—and 1.8 million Pioneers utilizing Map of Pi, while highlighting Pi’s real-world utility worldwide.
However, the community doesn’t seem to be pleased by this. Commenting on the reality of the PiFest, Dr. Altcoin noted: “Since the PiFest started, Pi trading activity in the Eco-system has been at its lowest. The only trade was selling Pi for Cash”. While slamming the core team further, Dr. Altcoin stated that the Pi co-founders “seem out of touch with the realities of the everyday Pi Community”.
Other community members have slammed Pi Core Team’s communication approach, stating that it has remained unchanged since the enclosed mainnet phase. Critics like Dao world argue that the monthly updates are too predictable and insufficient for sustaining a large and engaged community.
Community members are now advocating for a more transparent communication strategy, with calls for a new leadership figure who has a deep understanding of cryptocurrency.
Pi Network Reduces Base Mining Rate by 1.18% This Month
The Pi Network’s base mining rate has dropped by 1.18% this month, now standing at 0.0029030 π per hour. This adjustment continues the network’s trend of gradual mining rate reductions. Some community members speculate that the declining interest in mining may be linked to Pi’s current low trading value on exchanges.
Despite talks of the Pi Network listing on top crypto exchanges like Binance and Coinbase, it hasn’t fructified so far. However, the BTCC exchange stated that it has added the cryptocurrency for spot trading, but it failed to add any upward momentum to the Pi coin price.
Where’s Pi Coin Price Heading Next?
Over the past seven days, the Pi coin price has tanked by 20%, with the next crucial support levels at $0.60. Furthermore, the correction under $0.70 comes with heavy selling pressure as daily trading volumes tanked 52% to $148 million.
Pi Network is currently forming a classic falling wedge pattern, testing the lower boundary near $0.687. A confirmed breakout with volume above the $0.71–$0.72 range could signal a bullish move, potentially pushing the price toward $0.75–$0.78, where key resistance levels lie.
Some market analysts still have the hope that PI cryptocurrency could reverse the trajectory to hitting highs of $3 and above.
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.
PENDLE price has led the broader market gains this Wednesday, pumping nearly 8% amid bullish developments. Recent whale metrics indicated that large-scale investors bought roughly $8 million of the token, whereas a crypto exchange behemoth also listed it previously. In an upshot, traders and investors are eyeing more gains in the asset’s price due to recent advancements that underscore rising demand for the crypto.
PENDLE Price Jumps 8% Amid Bullish Whale Transactions
As of press time, PENDLE price witnessed an 8% uptick in value and exchanged hands at $3.05. The crypto’s 24-hour low and high were registered as $2.84 and $3.07, respectively.
On a keynote, the rising price action aligns with the heightened buying pressure bought by whales in recent days. The latest data from tracker Lookonchain showed that whales bought roughly $8 million worth of coins in the past 5 days. Per the data, five newly created wallets collectively accumulated the aforementioned amount.
Here Are The PENDLE Whale Addresses Captured:
-0x21fBA58b20f62397c015b1f5a15f742ad430dFA
-0x2EB48c60F4ea75fa0a0Ff5BB017EBD9f5981b8F5
-0x11DFEDf01B3FA824BbCB138159B2e6AFE43692a3
-0x981D8856f572Fb076626265114EAD67697dA5501
-0x6478C8681ADC3E7a0C17Aa1E1F0Ff16d1A61a8f6
Why Are Whales Accumulating?
Meanwhile, the rising whale accumulations and PENDLE price upswing fall in line with another bullish development. Crypto exchange behemoth Coinbase unveiled a listing for the token at the end of March last month.
As a result, large-scale investors are hoarding massive amounts of the token, aiming to capitalize on emerging market opportunities.
Historically, listings on top crypto exchanges usually usher a bullish price action as they substantially increase an asset’s market exposure, thereby welcoming more funds from investors. CoinGape previously reported another similar chronicle, wherein cryptos BROCCOLI and TUT price rallied with their listings on Binance. Similarly, the Coinbase listing appears to be a vital catalyst for driving the whale frenzy and recent price upswing.
Can Bullish Developments Fuel Bull Run Ahead?
Usual market sentiments continue to tilt in favor of bulls, given the Coinbase listing and rising whale accumulations. Further, a renowned crypto market trader has poured additional optimism surrounding the coin’s future price action with his bullish prediction.
Analyst AMCrypto recently took to X, revealing that PENDLE price is forming an “inverse head and shoulder pattern.” This pattern formation suggests that a potential trend reversal from bearish to bullish is brewing amid bullish advancements.
In light of this dynamic, the analyst predicts that a break above $3 paves the way for a massive rally ahead. As mentioned above, the coin is currently trading above this price level. As a result, market watchers continue to weigh further bullishness on the asset’s long-term price prospects.
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.
Asset manager VanEck has registered for a proposed BNB exchange-traded fund (ETF), the latest among the list of its new crypto ETF filings. As a result, the trading volume for BNB Coin has shot up by 42% to more than $2.12 billion, as analysts are now closely watching for a BNB price rally to all-time highs.
In BNB Price Ready for A Mega Rally?
BNB Coin has performed relatively well over the past month compared to Bitcoin and other altcoins. While BTC and top altcoins like ETH, SOL, XRP saw double-digit losses in March, BNB Coin is down just 1% on the monthly chart. After a strong consolidation of around $610 levels, the BNB price could be eyeing a strong breakout to new all-time highs.
BNB Burn and Pascal Hardfork Offer Support
BNB Coin features a real-time burn mechanism that permanently removes a portion of gas fees from circulation. Over the past seven days, 951.85 BNB worth $571,747.74 was burned, contributing to a total burn value of nearly $160 million, as per data from BNBBurn.
BNB’s price recently gained momentum following the implementation of the Pascal hard fork, which enhanced its compatibility with Ethereum. The network is preparing for additional hard forks this month and in June, aimed at further improving transaction speeds.
Additionally, BNB Chain is gaining a lot of popularity among meme coins, adding support for Mubarak meme coin, CZ’s Dog BROCOLLI meme coin, and others.
Looking at the technical setup, the BNB price chart shows that the altcoin is forming a cup-and-handle pattern, along with an ascending channel pattern formation, as shown in the image below.
On the other hand, BNB price is trading above the 50-day moving average, which is a positive indicator. But for the altcoin to kickstart a rally to its all-time high of $790, it must first complete the handle formation at $662, and give a breakout above that level.
As of press time, BNB Coin is trading at $603 levels with its daily trading volume up by 42%, surging past $2.12 billion. Furthermore, the Coinglass data shows that the BNB options trading volume is also up by 46%.
VanEck Files for Spot BNB ETF
$115 billion asset manager VanEck filed for the spot BNB ETF in Delaware on Tuesday, April 1, which could serve as a major catalyst for the BNB Coin rally ahead. The proposed BNB ETF would follow the price of BNB, the fifth-largest cryptocurrency by market capitalization.
Apart from BNB, VanEck has already submitted crypto ETF applications for Bitcoin, Ether, Solana, and Avalanche. VanEck filed for SEC approval last month to launch the first AVAX ETF, building on its success with spot Bitcoin and Ethereum ETFs.
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.
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