Altcoin
Legendary Bitcoin Trader Says This Under the Radar Dogecoin Killer is Rising from $0.03 to $1 by 2025
Bitcoin (BTC)’s meteoric rise set the stage for the explosive growth of other digital assets like Dogecoin, which began as a meme and skyrocketed into a cultural icon. But while Dogecoin may have captured the headlines, market fluctuations are imminent for low-utility tokens.
One Bitcoin trader has identified an under-the-radar altcoin, RCO Finance (RCOF), which he believes to be the next Dogecoin killer, stripping off Shiba Inu its nickname. Potentially soaring from its humble $0.03 valuation, RCOF is anticipated to soar to a staggering $1 by 2025.
Will Dogecoin Survive the Upcoming Market Challenges?
Popular meme cryptocurrency Dogecoin (DOGE) faces a significant stress test that could determine its growth trajectory. Although the network indicators are generally bullish, the price is on the edge of consolidation, and its further growth depends on the breakthrough of existing levels.
Currently, DOGE is priced at around $0.1084, a 0.58% increase in the past 24 hours. However, the growth is accompanied by a significant decrease in trading volume, which fell to $539 million, 30% less than the previous value. This decline indicates a declining trend in investors’ interest.
However, large-scale investors, or ‘whales,’ are active and have recently bought over two billion DOGEs. On-chain analysts believe this might be a sign of a bull run, implying that although Dogecoin has faced some difficulties, it may be ready for a massive increase by 2025, which could see its value reach $1 if it gets through this stress test.
RCO Finance (RCOF): The Ultimate Dogecoin Killer
RCO Finance (RCOF) is not just another coin riding the coattails of the crypto boom. This is evident with the token’s demand, which has drawn over $2.9 million in investments.
Its core technology offers a decentralized finance (DeFi) infrastructure that outpaces many competitors, including Dogecoin. While Dogecoin lacks a clear, real-world use case, RCOF creates a unique blend of DeFi and TradFi to initiate a unique market transition.
The increasing popularity and need for effective trading profits motivated RCO Finance to develop a new crypto AI called the robo advisor. Unlike conventional trading bots that need human interference, RCOF’s robo advisor assumes the trading control.
The robo-advisor makes it easier for the users to identify the right time to buy and sell by analyzing market trends, sentiment, and prices. This precision is important in the highly unpredictable crypto market where timing is of the essence.
RCO Finance offers a very wide choice of investment instruments. Users can access over 120,000 digital assets in different categories, including stocks, Bitcoin and Ethereum ETFs, bonds, and tokenized RWAs such as real estate.
This level of diversity enables investors to have a diversified portfolio that can withstand market volatility. Unlike Dogecoin, which is more of a joke currency with very little functionality, RCO Finance has a complete solution for better investment management.
Sources of passive income increase the attractiveness of RCO Finance. Token holders can receive quarterly dividends and pay less for transactions while staking their tokens with yields of up to 86% APY. These incentives are for those who have held the tokens for a long time and have actively participated in the ecosystem.
Security is paramount in cryptocurrencies, and RCO Finance assures it by having SolidProof, the leading blockchain security company, conduct smart contract audits. With the EU launch on the horizon, RCO Finance is committed to compliance, user funds, and building trust among the community.
Why Legendary Bitcoin Trader is Betting on RCOF
The Bitcoin trader backing RCO Finance has a track record of calling breakout stars long before the rest of the market catches on. In his opinion, RCO Finance is one of the most underrated assets today because of the combination of DeFi capabilities, high scalability, and low fees.
RCOF tokenomics focuses on sustainability. A significant portion is allocated for presale, allowing early investors to purchase tokens at a lower price. The deflationary model ensures that unsold tokens are burned, reducing supply and increasing value.
Currently, RCOF is priced at $0.0344, which is similar to Bitcoin and Dogecoin before their prices soared. Investing in the token will get you an additional 50% bonus tokens using the RCOF50 code. With the growing sentiments around crypto AI and RWAs tokenization, RCOF is believed to reach $1 by 2025.
Investing in RCOF will not only earn you high ROI but also open access to passive income through staking and dividends, governing rights, trading discounts, cashback rewards, and access to advanced analytics tools.
For more information about the RCO Finance (RCOF) Presale:
DOGE has been topping the gainers’ chart for the whole of November, and according to market signals, there might be a possible shift in Dogecoin price soon pushing its price well over $1. Analyst Kaleo highlighted that Dogecoin is currently in an accumulation phase just above a significant resistance level on the higher timeframe, laying the groundwork for a potential bullish move.
He noted that this accumulation trend has previously served as a launchpad for rallies, and he believes it could lead to a similar surge in the near future.
Dogecoin Price to Surpass $1 in November?
Crypto analyst KALEO recently gave a very encouraging outlook for Dogecoin price based on his study of the DOGE to BTC pair. Even though he thinks there’s still a lot of room to run up if history once again rhymes with itself, the price of $1.00 and even more should happen in the next few weeks. Speaking about the DOGE to BTC trading pair, he said that since the first half of 2021, it has been subjected to a downtrend characterized by lower highs and lower lows.
Just a reminder: The last time the $DOGE / $BTC pair had this type of a breakout, it had a swift 175% pump to its previous all time highs.
With the way the market has moved recently, and how much strength Dogecoin has shown after Trump was elected and Elon starting to push… pic.twitter.com/FD18Ys0fc8
— K A L E O (@CryptoKaleo) November 13, 2024
The recent breakout above the upper trendline has given cause for cheer. KALEO said that the last time such a breakout had occurred was early in 2021. That was only 24 hours before DOGE had a massive 175% rally that had taken the price to an all-time high of $0.7316. In his view, this is similar to the price action now, meaning that the top meme coin might be up for another rapid rise to more than just $1 in not more than a few weeks.
He explained that recent market conditions, Dogecoin’s resilience, and attention from Trump and Musk set the stage for a rally.
He said:
“With the way the market has moved recently, and how much strength Dogecoin has shown after Trump was elected and Elon starting to push again, I wouldn’t be surprised to see something similar here.”
Moreover, KALEO saw an interesting accumulation phase in the DOGE/BTC pair since the breakout of the past 48 hours. He added that consolidation above a critical resistance level sets a strong foundation for the next bullish move. Past trends have shown that a significant rally follows such accumulation phases, and KALEO expects Dogecoin to be no different.
The broad crypto market outlook also favors the bullish side of KALEO’s outlook. While DOGE is positioned to outperform Bitcoin’s upside, this expected rally will be even more exaggerated in this conducive market environment.
Dogecoin’s November Rally: Can DOGE Repeat its Historic Gains?
Just when it seemed like Elon Musk’s influence on Dogecoin’s price was over, a surprise move by President-elect Trump saw its prices soar to the moon. In the most recent rally, he appointed Musk to head the Department of Governmental Efficiency or D.O.G.E. The subsequent Republican win propelled the coin upwards, with DOGE up 106% in the last week, displacing XRP to become the fifth-largest cryptocurrency.
DOGE has shown tremendous momentum of late, closing October with its second-highest monthly gains since 2014. In November, investors feel that this upward path will continue. If not for the BTC strength, then at least to continue due to the renewed excitement within the cryptocurrency community. So far, DOGE’s performance in November has been mixed. Yet again, the stage is set for a possible rally.
Analysts have taken to a likely triangular pattern in the DOGE chart. This signals that a positive breakout could be around the corner.
Historically, DOGE’s November performance has been erratic. According to data from CryptoRank, while DOGE entered November 2014 with four positive and six negative months, the coin saw its best return in November 2017 with a gain of 81.9%. Its lowest performance was seen in 2018, with a decline of 42.2%. Last November, Dogecoin saw a rise of 22.5%, reflecting its community-driven momentum and high-profile supporters like Elon Musk.
Despite such a checkered history, Dogecoin remains popular among retail investors, and analysts still predict further growth this November. DOGE is also likely to experience a temporary pullback to consolidate and regain strength after the recent bullish exhaustion.
In 2021, the second triangle pattern led to a 15,000% rally. The first triangle in 2017 gained 8,933%. With the current market outlook and technical formations, November is crucial for Dogecoin. Investors are closely monitoring its price.
Teuta Franjkovic
Teuta is a seasoned writer and editor with over 15 years of experience in macroeconomics, technology, and the cryptocurrency and blockchain industries.
Starting her career in 2005 as a lifestyle writer for Cosmopolitan, she expanded into covering business and economy for several esteemed publications like Forbes and Bloomberg.
Influenced by figures like Don and Alex Tapscott and Laura Shin, Teuta embraced the blockchain revolution, believing crypto to be one of humanity’s most crucial inventions.
Her fintech involvement began in 2014, focusing on crypto, blockchain, NFTs, and Web3. Known for her excellent teamwork and communication skills, Teuta holds a double MA in Political Science and Law.
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.
Donald Trump’s World Liberty Financial (WLFI) has partnered with Chainlink to help secure its DeFi ecosystem. The DeFi protocol will adopt Chainlink’s standard for on-chain data and cross-chain interoperability to help ensure a successful launch.
World Liberty Financial Adopts Chainlink’s Standard
The DeFi protocol announced in a press release that it was adopting the Chainlink standard for on-chain data and cross-chain connectivity to help power its platform. WLFI reached this decision after determining that Chainlink was the most secure solution to solve the critical security, interoperability, and on-chain data problems related to successfully launching a leading DeFi platform.
World Liberty Financial believes that this would go a long way as it seeks to kick off the next wave of DeFi mass adoption, as the Chainlink standard will provide their community with the security and reliability needed to succeed in this goal.
Meanwhile, the press release revealed that the adoption of the Chainlink standard will start with the WLFI Protocol integrating Chainlink Price Feeds on the Ethereum mainnet, supporting the planned launch of the World Liberty Financial Aave v3 instance, although subject to the WLFI Governance platform approval process. The WLFI platform is built on the Aave DeFi protocol.
Thanks to the collaboration, WLFI will have access to Chainlink’s infrastructure, which has enabled over $16 trillion in transaction value. The Chainlink Price Feeds will provide the WLFI protocol with a secure and reliable source of financial market data, which is crucial to the protocol’s integration of assets such as USDC, USDT, ETH, and WBTC, among others.
Over time, WLFI will implement additional capabilities from the Chainlink standard, such as cross-chain interoperability and proof of reserves for RWAs.
Aligning With The Donald Trump Vision
In the press release, World Liberty Financial reaffirmed that its vision is to pioneer further the DeFi space, which is inspired by US President-Elect Donald Trump’s vision to democratize financial opportunities while safeguarding the global standing of the US Dollar.
Additionally, the WLFI Protocol aims to provide users with information and access to third-party DeFi applications, supporting the adoption of US dollar-based stablecoins that ensure the Dollar remains the world’s reserve currency.
Commenting on World Liberty Financial’s partnership with Chainlink, Eric Trump said,
“World Liberty Financial’s partnership with Chainlink marks a huge step forward. Never before have we been more bullish on crypto or the overall future of DeFi technology.”
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
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.
Altcoin
Dogecoin Eyes Parabolic Rally To Price Discovery, Is The 16,000% Surge From 2020 Possible This Time?
The Dogecoin price is again eyeing a parabolic rally that will put the meme coin in price discovery and send it to new highs in this market cycle. Crypto analyst Mikybull Crypto indicated that the Dogecoin price could replicate its 16,000% surge from 2020 as it enters price discovery.
Dogecoin Eyes Parabolic Rally To Price Discovery
In an X post, Mikybull Crypto stated that DOGE’s massive parabolic rally to price discovery is loading. The analyst remarked that the entry into price discovery is interesting, as the Dogecoin price rallied more than 16,000% in 2020 when it broke above the Relative Strength Index (RSI) 70 level.
In line with this, Mikybull Crypto stated that the $1 to $3 range remains a target for the Dogecoin price in this bull run. The analyst also recently suggested that DOGE could rise to as high as $4 based on the alignment of the Fibonacci levels with DOGE’s performance after the last Golden Cross.
Crypto analyst Master Kenobi also recently stated that the Dogecoin price could rise to as high as $2 in this market cycle. He believes this would happen through the rapid flow of capital and frenzy in the market. Interestingly, the analyst made this prediction while raising the possibility of DOGE flipping Solana and BNB to become the third-largest crypto by market cap.
Meanwhile, the analyst also suggested in a recent analysis that DOGE would make its way into price discovery soon enough. This came as he highlighted a 91-day sequence, which Master Kenobi noted DOGE was 20 days away from completing. He predicted that DOGE could rally to as high as $1 between now and then. Specifically, he put December 2 as the timeline for when the target could be achieved.
Crypto analyst Dj Anas also recently predicted that the Dogecoin price could reach $1 by year-end. He made this prediction based on the Fibonacci levels, which he claimed supported a parabolic rally to this target.
DOGE Could Witness A Correction First
Amid these bullish predictions for the Dogecoin price, crypto analyst Kevin Capital has suggested that DOGE could witness a correction first before it goes into price discovery. In an X post, the analyst highlighted a symmetrical triangle and said there is a 50/50 chance of a price breakout or breakdown.
However, he remarked that he still favors a correction due to the daily RSI being above 90, which suggests that the meme coin is currently in overbought territory. The analyst had previously predicted that Dogecoin could drop to as low as $0.26 following a price correction.
At the time of writing, the Dogecoin price is trading at around $0.39, up over 7% in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
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