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Rookie Dogecoin Trader that Turned $1000 to $1M Unveils Next Big Bet Aiming for a 12,000x Bull Run by Q1 2025
After turning $1,000 into $1 million with Dogecoin, a rookie trader is setting his sights on RCOF as his next major investment.
With predictions of a 12,000x bull run by Q1 2025, RCO Finance (RCOF) is quickly establishing itself as the presale token to watch in Q4 of 2024. Let’s see why you should also capitalize on this investment opportunity!
RCO Finance introduces a New AI Trading System Featuring A Robo-Advisor
Just as Dogecoin captured the public’s imagination and created crypto millionaires, RCO Finance is quickly emerging as the next big opportunity.
RCO Finance (RCOF) is at the forefront of integrating AI with financial services, presenting a DeFi trading platform designed for beginners and seasoned traders.
Thanks to its flagship Robo Advisor, which creates a new reality in investment by making it as simple as having a cold beverage in the sun.
This smart software analyzes market trends, assesses risks, and initiates trades, so you can watch the business world go by without having to look at screens all day.
The AI Robo advisor also looks at factors such as the financial profile of the user, the risk profile, and the market profile of the investor. The trading tool intelligently analyzes the market and shows clients where to invest or adjust their portfolios at any moment.
RCO Finance (RCOF): Leading the Future of Trading
RCO Finance is an AI trading platform that supports over 120,000 digital assets in 12,500 classes. This wide range of assets helps increase liquidity and simplify portfolio management, as the client does not have to perform fiat swaps to carry out trades directly.
The DeFi platform’s smart contracts execute automatically when specific conditions are met, eliminating the need for intermediaries. RCO Finance has undergone a rigorous audit by the reputable firm SolidProof to bolster user confidence in their investments further.
To increase the rate of returns, RCO Finance has provided staking for assets in the liquidity pool, keeping reserves for trading pairs, and instant asset swapping.
The AMM feature works based on supply and demand markets to ensure the most favorable transaction rate.
Whales Accumulate 1 Billion DOGE
Since the last few days, whales have accumulated approximately 1 billion DOGE. This suggests the token price support to rise after it started at a downward spiral in October’s first few days.
While Dogecoin (DOGE) was valued at $0.13, it dropped by 15%, indicating that whales may capitalize on the dip.
Santiment shows that DOGE supply held by address with 100M-1B coins increased from 29.88B to 30.88B, revealing that whales bought 1 billion coins in 2 days, costing around $100M. Significant buying entices investors, and if this continues, an upward price movement may occur.
Investors holding time for Dogecoin have surged, indicating anticipation of gains. Juan Pellicer from IntoTheBlock suggests this buying is crucial for Dogecoin’s recovery, with “Coins Holding Time” up 536% in the past week, signaling many are choosing to hold rather than sell.
DOGE Millionaire Expects 12,000x RCO Growth Next Year
The Dogecoin trader who turned a $1,000 investment into $1 million is now endorsing RCOF, predicting its price could soar by 12,000% by 2025. This expectation, combined with the token’s embedded deflationary feature, has reportedly boosted market demand in its token presale.
In its second presale stage at $0.0344, forecasts suggest RCOF could surge to $0.60 upon its market debut.
Early adopters could see returns exceeding 1,000%, with some projections indicating that RCOF may replicate Dogecoin’s remarkable rally in 2021 by 2025.
Unlike many platforms that depend on fixed liquidity from a set token supply, RCO Finance takes an innovative approach. It allocates 20% of each new user’s RCOF deposit to provide liquidity, ensuring consistent and attractive Annual Percentage Yields (APYs) for RCOF holders.
Invest in RCOF now and seize the opportunity to make significant gains!
For more information about the RCO Finance (RCOF) Presale:
Join The RCO Finance Community
Cardano has been at the focal center of recent crypto discussions, mainly due to ADA price insane rally of 75% this week. Now trading at approximately $0.77. However it seems this sudden turn has sparked more interest and speculation in the direction it could be taking – up.
Cardano price is going to rise and now analysts are paying close attention to the uptick in price. They are considering both short-term momentum and longer-term prospects, as several indicators point to ADA’s upward run possibly not being complete yet.
Cardano Price Rockets, Analysts Predict $6 ADA Price by 2025
Cardano price has experienced a significant 15% surge over the last 24 hours, following a bounce off the 14-day Exponential Moving Average (EMA) on Friday. Currently, ADA is testing resistance at $0.80, and a strong close above this level could signal continued upward momentum, with the next target being the yearly high resistance at $0.810. Reports and crypto experts attribute ADA rally to $0.69 to several key factors, including Bitcoin’s bullish price action, optimism surrounding a pro-crypto presidential administration, and significant reports from founder Charles Hoskinson.
A week ago, the ADA whale transactions skyrocketed, and that was only the beginning. According to a recent analysis by GunsRoses1987, ADA is projected to reach $6 by 2025. This forecast is based on historical price patterns and anticipated developments within the ecosystem. The analysis suggests that ADA’s growth trajectory could mirror its previous aggressive growth phases, potentially leading to significant price increases over the next few years.
$ADA Price prediction for this Bull Run and Beyond… pic.twitter.com/NlE79MERJU
— Mr Brownstone (@GunsRoses1987) November 16, 2024
According to crypto influencer Wendy O, Cardano price surge to $0.69 can be attributed to several factors. She highlighted Bitcoin’s recent bullish price action, the positive sentiment surrounding a pro-crypto presidential administration, and, most notably, the announcement from Cardano founder Charles Hoskinson who recently confirmed he will be Donald Trump’s crypto advisor.
Hoskinson shared plans to work with US lawmakers and industry leaders on crypto policy. This move has energized the ADA community and boosted investor confidence.
Recent data from IntoTheBlock indicates that 63% of ADA transactions exceed $100,000, suggesting substantial activity from large investors. Additionally, 19% of ADA’s supply is held by large holders, which may include institutions, hinting at growing institutional interest in the cryptocurrency.
Hoskinson’s SpaceX Trip Fuels Speculation
A visit to SpaceX by Charles Hoskinson set tongues wagging with excitement over its innovative work in pursuit of its mission to Mars. This has created speculation of a possible collaboration. Investors got so excited about the possibility that ADA jumped 12% in the last 24 hours to $0.76.
Hoskinson’s has fueled speculation about a potential collaboration between Cardano and SpaceX, contributing to a significant rally in the token price. Investors are optimistic that such a partnership could enhance the token’s technological capabilities and market position.
Cardano price approached the attainment of another enormous milestone, having dealt with nearly 100 million transactions at 99.07 million.
The blockchain ecosystem is expanding, with over 10.5 million tokens in circulation, 1,973 projects, and 1.3 million wallet delegators. This highlights increased usage and renewed activity on the Cardano network. Cardano is solidifying its position among leading blockchain platforms.
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.
The global crypto realm has closed another week, with remarkable advancements witnessed across the broader sector. Bitcoin (BTC) price pumped to attain a new ATH, whereas the broader market mirrored optimism. Simultaneously, Ripple’s XRP achieved unprecedented levels, sparking market discussions. Moreover, Dogecoin echoed optimism across the broader market amid D.O.G.E-related developments.
Here’s a brief report on some of the top crypto market headlines reported by CoinGape Media in the past seven days.
Bitcoin Hits New ATH Amid Crypto Bull Market
Notably, this week saw BTC price attain a new height of $93,434.36, sparking a tidal wave of optimism among market investors. The coin soared in tandem with increased institutional interest post-U.S. elections, as seen with Bitwise hitting $10 billion in client assets under management.
Further, amid the flagship crypto’s bullish movement, top trader Peter Brandt and investment firm Bernstein predicted BTC price rally to $200K. However, it’s also noteworthy that BTC witnessed slight turbulence this week, attributable to macroeconomic events.
The US CPI inflation rose to 2.6%, raising investor concerns over future movements. Nevertheless, the market closes this week in a bullish state.
XRP Gains Momentum
Simultaneously, XRP price extended weekly gains to 93%, solidifying investor optimism on the asset. Ripple CEO Brad Garlinghouse took the stage to reveal key reasons behind the coin’s strong rally this week, pointing out the post-election environment as a pro-cryptocurrency era.
Also, with speculations of SEC Chair Gary Gansler’s resignation on the rise, market sentiments for Ripple’s coin remain optimistic. Meanwhile, the XRP documentary premiered this week, garnering additional market attention toward the crypto.
Dogecoin Gains Traction Amid D.O.G.E. Saga
Simultaneously, DOGE price extended weekly gains to 54% over the past seven days, primarily attributable to Elon Musk’s D.O.G.E’s saga post-U.S. elections. The American entrepreneur was appointed as the Department of Government Efficiency head alongside V. Ramaswamy under Trump’s cabinet, bringing significant attention to Dogecoin.
On the other hand, with the Dogecoin lawsuit against Elon Musk withdrawn, market sentiments orbiting the meme token remain bullish. Simultaneously, CoinGape Media reported DOGE whale accumulations to have burgeoned substantially this week. Also, the leading DOGE wallet, MyDoge, announced the launch of DogeOS shortly afterward.
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.
Dogecoin, which started as a joke, has long been the undisputed king of meme coins and has garnered a huge following since its creation. In a recent analysis shared on the social media platform X, crypto analyst Master Kenobi presented a compelling case for Dogecoin as a superior cryptocurrency compared to Bitcoin.
Exceptional Historical Performance Compared To Bitcoin
Bitcoin, the world’s largest crypto asset, has outperformed every other asset in traditional finance in the last decade since its creation. However, as Master Kenobi pointed out, Dogecoin has indeed outperformed Bitcoin since its launch date.
Master Kenobi noted that since its inception on December 8, 2013, Dogecoin has experienced a remarkable growth of approximately 883,920% up to its all-time high. In contrast, Bitcoin’s growth during the same period stands at about 17,234%. This significant outperformance underscores Dogecoin’s potential as a high-yield investment.
Unlike Bitcoin’s capped supply, DOGE employs a fixed inflation model, introducing around 5 billion new coins annually. Some might see this inflationary trend as negative for Dogecoin, but proponents of the meme coin have always emphasized that it is a needed feature. According to Kenobi, with DOGE’s total circulating supply currently above 140 billion DOGE, the annual issuance is now mostly negligible, and its effect will continue to decrease with time. Furthermore, the Dogecoin adoption rate has even far outpaced its inflation rate.
Lastly, the analyst highlighted the current low price of Dogecoin as one of its biggest advantages it has over Bitcoin. The relatively low price per DOGE unit makes it attractive to retail investors, who can acquire thousands of DOGE for the cost of a fraction of a Bitcoin. Bitcoin, on the other hand, is now being perceived more as an instrument for institutional investors due to its currently high price.
This affordability, combined with Dogecoin’s strong community and meme culture, makes it more appealing as an accessible cryptocurrency.
Current State Of Dogecoin
At the time of writing, Dogecoin is trading at approximately $0.38, with a 24-hour trading volume of $10.56 billion and a market capitalization of $55.8 billion. DOGE, which recently traded at $0.42 for the first time in two years, now finds its price correcting since October 13, having reached a low of $0.356 in the past 24 hours.
Nonetheless, Dogecoin has maintained gains over both seven-day and 30-day periods, indicating a bullish trend. As such, the meme coin is definitely on track to end the month at a bullish close. There is also the possibility of reaching a new all-time high above $0.73 before the end of 2024. This optimism is partly fueled by the recent US presidential election, where President-elect Donald Trump has expressed a favorable stance toward cryptocurrencies.
Featured image created with Dall.E, chart from Tradingview.com
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