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Cardano Price Hits Key Level, Analyst Predicts 32,120% Rally for Altcoin Poised to Outshine ADA

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Recently, the Cardano price surged past a pivotal threshold, reigniting discussions about its potential. However, amidst this resurgence, analysts have turned their gaze toward an upcoming contender: RCO Finance (RCOF).

Predictions suggest that RCOF altcoin could deliver an astounding 32,120% rally, potentially eclipsing the Cardano price performance.

Cardano Price Resurgence: Breaking Through Key Resistance

The Cardano price has grown significantly, rising above $0.6 for the first time since July 2024. This is thanks to the rising network upgrades and increased ADA whale activity. 

Data show that Cardano has risen by 14% in large transactions within one day, which may reflect increased attention from major investors. Such movements are frequently observed before a significant increase in the price of an asset as institutional investors build up their stakes in ADA. 

Including DeFi and NFTs use cases in the Cardano (ADA) network has improved its functionality and value proposition. The recent entry into the crypto AI domain has also contributed to the Cardano price trend, with some expecting a massive use case for the altcoin.

RCO Finance: The New Challenger on the Horizon

While the recent Cardano price achievements are commendable, RCO Finance (RCOF) is emerging as a formidable contender.

Analysts are forecasting a staggering 32,120% rally for RCOF, a projection that, if realized, would significantly outshine ADA’s recent performance. This ambitious forecast is grounded in RCO Finance’s innovative approach to decentralized finance.

RCO Finance primarily aims to make institutional-level investment strategies available to retail investors through its AI-based robo advisor. This advanced tool employs ML to create investment strategies based on user preferences. 

Through its approach to breaking down complex financial markets, RCO Finance is suitable for any investor, whether a beginner or an expert. The robo advisor helps users make sound decisions, thus reducing the need for constant analysis and improving profitability. 

In addition to the robo advisor, RCO Finance offers users access to more than 120,000 assets in different categories, such as stocks, bonds, ETFs, and tokenized RWAs. This extensive range not only helps diversify but also allows users to leverage new market opportunities. 

RCOF’s leverage can go up to 1000:1, which increases the potential for gains and makes the platform suitable for those who want to maximize their stakes. The low transaction fees guarantee that users will be able to make the most of their gains without the additional cost being an issue. 

Another feature worth mentioning is the borderless debit card provided by RCO Finance. This card enables the holder to easily swap or exchange fiat money for crypto or any other form of value to make everyday purchases. 

Moreover, RCO Finance has no KYC system, focusing on users’ anonymity and avoiding the necessity to verify their identities. This feature attracts investors who prefer to keep their identities concealed when investing. 

It has also attracted attention for its security; all smart contracts are reviewed by SolidProof, making them reliable and trustworthy. This level of scrutiny provides an additional layer of reassurance for investors who want to participate in a new project in a highly risky area.

Join the Crypto AI Revolution: Invest in RCO Finance Today

Analysts predict it could mirror past Cardano price movements with the RCOF presale nearing its $5 million goal.  The deflationary model, burning unsold presale altcoins, creates scarcity that is poised to drive up RCOF’s value post-launch.

Currently priced at $0.0558 during Stage 3 of the presale, early adopters stand to gain significantly. Projections suggest an astonishing potential ROI of up to 1,000%, as the altcoin is anticipated to list at $0.6.

Investing in RCOF not only gives investors an opportunity to earn passive income through staking but also puts them in a position to be at the forefront of a financial revolution that seeks to bring complex trading techniques to the masses. 

Altcoin holders also benefit from lower trading fees and early access to new features within the platform.

Joining the presale is straightforward for those eager to participate in this transformative project. Simply visit the RCO Finance website, connect your wallet, and select the number of altcoins you wish to purchase.

With limited time remaining before prices increase further in subsequent stages, now is an opportune moment to invest in RCOF before it launches on major exchanges.

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

Visit RCO Finance Presale

Join The RCO Finance Community



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Ripple CEO Shares Bullish News With XRP Army As Trump Names Treasury Secretary

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Ripple CEO Brad Garlinghouse has shared another good news with the XRP community. US President-elect Donald Trump has finally picked his Treasury Secretary, making the crypto community including Garlinghouse bullish on XRP and the end of the SEC lawsuit. Ripple CEO Garlinghouse claims Scott Bessent is the perfect pick.

Donald Trump Nominates Scott Bessent As US Treasury Secretary

US President-elect Donald Trump has nominated Scott Bessent to lead the US Treasury Department. The new Treasury Secretary is the founder of hedge fund manager Key Square Group. He is known for the famous short bet against the British sterling in 1992 when he worked for George Soros.

Picking the US Treasury chief proved to be one of Trump’s most crucial decisions as Wall Street closely watched the drama. Apollo Global Management CEO Marc Rowan and former Federal Reserve Governor Kevin Warsh were in the race.

“Scott is widely respected as one of the World’s foremost International Investors and Geopolitical and Economic Strategists,” Trump wrote on Truth Social, reported Reuters.

Both Wall Street and the crypto market reacted bullishly as Trump named Scott Bessent to lead Treasury Department. Bessent is positive on crypto adoption policy, but investors await more details on his views on fiscal policy and the next steps.

Ripple CEO Brad Garlinghouse Hails Trump’s Treasury Sec Pick

Ripple CEO Brad Garlinghouse took to X to express his satisfaction with Scott Bessent as Treasury Secretary. He said “I don’t want to get too far ahead of myself but… Scott Bessent is the perfect pick.” He claims Bessent will be the most pro-innovation, pro-crypto Treasury Secretary ever seen.

Other crypto executives and experts including Charles Hoskinson, John Deaton, Matthew Sigel, and David Bailey reacted positively.

Pro-XRP lawyer John Deaton said the Trump transition team now needs to get “SEC Chair right, we are about to enter the Digital Age of Innovation.” Meanwhile, Pro-XRP lawyer Jeremy Hogan predicted a potential conclusion timeline for Ripple SEC case.

XRP Price Rises Over $1.60 As Ripple CEO Turns Bullish

Bullish reactions from Ripple CEO and Cardano founder Hoskinson triggered further rally in XRP and ADA prices. All eyes are now on upcoming nominations by Donald Trump.

XRP price extended its weekly rally to more than 60%, with a 12% pump in the last 24 hours. XRP saw a 24-high of $1.62 as trading volume climbed further by 22%. Popular analysts predicted an XRP price target of $2.

ADA price jumped 22% in the past 24 hours, with the price finally surpassing $1. The 24-hour low and high are $0.856 and $1.140, respectively. Furthermore, the trading volume has increased by 130% in the last 24 hours, indicating a massive interest among traders.

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Varinder Singh

Varinder has 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 covering all the 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.





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Dogecoin Whales Reactivate After Spending $214.5 Million To Buy 550 Million DOGE

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Dogecoin whales are on a significant accumulation spree, as reports reveal that these large-scale token holders have bought over 550 million DOGE tokens. This massive accumulation trend comes as analysts predict that DOGE may be preparing for a major price leap. 

Dogecoin Whales Go On Massive Buying Trend 

Crypto analyst Ali Martinez has revealed that over the past week, large-scale token holders, often called “whales,” have purchased more than 550 million DOGE tokens, valued at an impressive $214.5 million. Although Martinez made this announcement in an X (formerly Twitter) post on November 21, this news was initially reported by Santiment, a market intelligence platform. 

The recent surge in whale accumulation has put significant buying pressure on DOGE, highlighting the increased investor demand and interest. Notably, this increase in whale activity comes as the DOGE price has recorded significant gains this month

Historically, large scale whale movements have often aligned with significant shifts in the Dogecoin price. Earlier this month, there was an increase in whale activity as Dogecoin’s value soared above $0.3. While the unexpected price spike led to increased selling pressure, it appears whales are returning and are buying into DOGE in droves.

As the number one meme coin, DOGE has already gained a massive following and a supportive community, which have contributed to its popularity, widespread adoption, and increase in value. Recently, the Dogecoin price recorded double-digit gains as news of SpaceX CEO Elon Musk’s Department of Government Efficiency (D.O.G.E) proposal spread. 

Moreover, the positive market sentiment from Donald Trump’s win in the US Presidential election also served as a bullish catalyst for the DOGE price. With all these market rallying factors in place, whales appear to be hedging their bets in preparation for a potential price surge.

This spike in whale activity can also be seen as IntoTheBlock reports that approximately 60.9 billion DOGE tokens have been moved around by whales in the past week. This massive spike in large transaction volume represents $23.35 billion.

Analysts have also predicted that once the DOGE price breaks past resistance levels around $0.4, the cryptocurrency will enter a major bullish phase. Additionally, analysts forecast that Trump’s upcoming inauguration could further propel Dogecoin’s price, potentially pushing it to the highly coveted $1

Analyst Predicts Dogecoin Price Pump Above $4

Following Martinez’s post highlighting the significant rise in Dogecoin whale accumulation, crypto analyst Trader Tardigrade suggested that these large-scale holders may be positioning for a 10X surge in the Dogecoin price.

As of writing, DOGE is trading at $0.39; therefore, a 10X surge would push the meme coin towards a $4 price target. Trader Tardigrade has also indicated that if these whales aim for a much larger Dogecoin price spike, then the meme coin could be gearing up for a higher surge above $4. 

Dogecoin price chart from Tradingview.com
DOGE makes a move to the upside | Source: DOGEUSDT on Tradingview.com

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



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BTC at $98K, HBAR Surges 25% and XLM rises 55%

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Cryptocurrency Prices Today, November 23: The broader market movement on Saturday sparked bullish momentum globally. Bitcoin remains steady at $98K, while major altcoins like ADA, XRP, and AVAX surged between 14% and 25%. Notably, Hedera (HBAR) and Stellar (XLM) emerged as top performers, registering jumps of 25% to 55% in the last 24 hours.

Simultaneously, the global crypto market cap witnessed a 1.5% increase in the past 24 hours, currently at $3.33 trillion. However, the total market volume declined by 12% from yesterday and is now at $219 billion. Let’s dive into a brief report on the top cryptocurrencies by market cap and their price movements on November 23.

Cryptocurrency Prices Today: BTC Holds Steady, ETH & SOL Unchanged, XRP Soars 15%

Bitcoin (BTC) remains stable at $98K, holding its position for the past 24 hours. Similarly, Ethereum (ETH) and Solana (SOL) have shown no significant movement during this period. However, XRP has surged by 14%, leading the gainers. Among the top meme coins, Dogecoin and Shiba Inu have also witnessed a 9% increase in the last 24 hours, reflecting positive momentum in the cryptocurrency prices today.

Bitcoin Price Today

BTC price chart appears steady, currently trading at $98,550. Its intraday low and high are $97,222 and $99,655, respectively. Bitcoin’s market cap is $1.95 trillion, with a 24-hour trading volume of $76 billion.

According to Sosovalue data, 22.85 million BTC flowed out of 12 BTC ETFs. However, BlackRock’s IBIT data is still awaited. With a dominance of 58.59%, Bitcoin remains the largest cryptocurrency by market cap.

Ethereum Price Today

Ethereum (ETH) remains unchanged, currently trading at $3,333. Its 24-hour low and high are $3,262 and $3,428, respectively, showing minimal price movement. ETH has gained 7% over the past week, indicating positive short-term performance. With a market cap of $400 billion, ETH remains strong in the market.

The 24-hour trading volume for Ethereum is $38 billion, and it commands a market dominance of 12%. ETH ETFs saw an outflow of 8.47 million, and BlackRock’s IBIT data is yet to be released, which may further influence the market.

Solana Price Today

Solana (SOL) is down by 2% in the last 24 hours, currently trading at $255. Its 24-hour low and high are $252 and $263, respectively, showing slight fluctuations. Over the past week, SOL has risen by 17.5%, reflecting strong growth. With a market cap of $121 billion and a 24-hour trading volume of $7 billion, Solana remains the fourth-largest cryptocurrency globally.

XRP Price Today

XRP price has jumped by 15% in the last 24 hours, currently trading at $1.566. Its 24-hour low and high are $1.367 and $1.621, respectively, showing strong volatility. XRP has surged by 75% in the past week and 200% in the last 30 days, reflecting impressive growth. With a market cap of $89 billion and a trading volume of $20 billion, XRP is now the sixth-largest cryptocurrency by market cap.

Meme Coins Performance Today

Dogecoin (DOGE) has increased by 9% and is currently trading at $0.42. Its 24-hour low and high are $0.3858 and $0.4296, respectively, showing solid market movement.

Similarly, Shiba Inu (SHIB) is also up by 9%, trading at $0.00002698. Its 24-hour low and high are $0.00002437 and $0.00002749, respectively, reflecting positive momentum.

On the other hand, other meme coins like PEPE, BONK, and WIF have experienced declines of 2% to 8% in the past 24 hours. These drops indicate some volatility in the meme coin sector.

Top Cryptocurrency Gainer Prices Today

Stellar

Stellar (XLM) price is currently trading at $0.44, marking an impressive 55% increase in the last 24 hours. Its 24-hour low and high are $0.2766 and $0.4624, respectively, reflecting significant volatility and strong market momentum.

Hedera

Hedera (HBAR) is currently trading at $0.1542, up by 25% in the last 24 hours. Its 24-hour low and high are $0.1275 and $0.1681, respectively, showing strong price fluctuations and growth.

Cardano

Cardano (ADA) price is up by 24% and is currently trading at $1.09. Its 24-hour low and high are $0.85 and $1.137, respectively, reflecting significant movement, and it is the ninth-largest cryptocurrency by market cap.

Top Cryptocurrency Loser Prices Today

Peanut the Squirrel

Peanut the Squirrel (PNUT) is down by 13% in the last 24 hours and is currently trading at $1.11. Its 24-hour low and high are $1.04 and $1.31, respectively, indicating a decline in its price.

Popcat (SOL)

Popcat (POPCAT) is down by 9% and is currently trading at $1.43. Its 24-hour low and high are $1.415 and $1.612, respectively, showing a decline in price over the past day.

Raydium

Raydium (RAY) is down by 8% in the last 24 hours and is currently trading at $5.98. Its 24-hour low and high are $5.913 and $6.432, respectively, indicating a decrease in price during this period.

Besides, the hourly time frame chart continues to spark bullish momentum for cryptocurrency prices today. BTC is up by 0.4%, ETH is up by 0.5%, and Dogecoin has risen by 4%, sparking discussions among traders and investors about future price movements.

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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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