Altcoin
Shiba Inu Price Prediction: SHIB On the Right Path, but Analyst Fears This Rival Will Outperform 3000x Sooner
The Shiba Inu price is gaining attention as the crypto market gains stability, with memecoins like SHIB and Dogecoin making a comeback through impressive upticks. Backed by legions of devoted fans and bold ambitions, the Shiba Inu price trajectory has become a topic of hot debate.
However, as SHIB tries to expand its ecosystem with initiatives such as Shibarium and token burns, its growth is still ongoing. Although Shiba Inu is on the right track, some believe that it will be overtaken by a less popular altcoin, RCO Finance (RCOF), which has the potential to grow 3,000 times.
SHIB on the Verge: Can Shiba Inu Break Free or Face Stiff Rivalry?
Shiba Inu enthusiasts are waiting for a surge, and the altcoin appears to be gaining strength. Crypto analyst “Crypto Sheriff” (@Gem_Sheriff on X) has confidently stated that SHIB may be on the verge of breaking out of its consolidation phase with the first target of reaching $0.00002.
Currently, the Shiba Inu price is at $0.00001896, and investors are keenly observing the formation of a descending triangle pattern, which could go either way.
Sheriff is convinced that an upward breakout will likely occur, which may lead to a new rally, but he also notes that meme coins are highly unpredictable. SHIB has also recovered, having gained 5.7% in the past week and over 34% in the last 30 days.
The coin’s market activity shows that investors are gaining confidence in the cryptocurrency as it has a 24-hour trading volume of $432.95 million and a market capitalization of $11.17 billion.
However, analysts are still careful with such predictions, especially since the memecoin market is quite volatile. Some believe the Shiba Inu price is closer to its breakout, while others think it may still need to catch up to new entrants offering exponential growth.
The Quiet Rise of RCO Finance: A Meme Coin Killer in the Making?
Some have described RCO Finance as a potential meme coin killer, but it generates buzz for all the right reasons. While Shiba Inu is primarily concerned with developing its ecosystem, RCO Finance offers immediate utility with outstanding financial instruments that could revolutionize DeFi.
What makes RCO Finance unique is the incorporation of crypto AI, which improves the trading process and makes sophisticated investment methods available to everyone.
At the heart of this change is the Robo Advisor, an AI-based investment tool that recommends personalized investment plans and adjusts them in real-time based on market conditions.
The Robo Advisor employs sophisticated algorithms to process market information and develop investment plans corresponding to the user’s objectives and risk profile. This helps users enjoy institutional-level trading without much market knowledge as the AI tracks conditions and rebalances portfolios.
Apart from the intelligent advisory, RCO Finance provides a decentralized trading exchange where users can access more than 120,000 assets from 12,500 classes. This broad spectrum of assets encompasses common financial instruments such as equities and bonds, cryptocurrencies, and even real-world assets backed by tokens, including real estate and artworks.
Another advantage of RCO Finance is the availability of high leverage, which enables traders to increase their stakes up to 1000 times. While many platforms limit leverage to the minimum, RCO Finance enables users to take certain risks that can bring high profits.
RCO Finance functions in a no-KYC setting, meaning users can engage with DeFi products without undergoing rigorous identity validation. In addition, the RCOF token smart contract has been audited by SolidProof, a leading blockchain auditing firm.
Will RCO Finance’s Ambition Overshadow SHIB’s Loyalty?
While the Shiba Inu price movement has been relatively stable, some investors believe it is high time to make a return investment. Consequently, The current RCO Finance (RCOF) token presale has become the hottest ticket for those seeking explosive gains. The presale has garnered significant attention, raising over $3.8 million in months.
Priced at just $0.03, RCOF offers a unique opportunity for early investors to participate in the next major altcoin breakout. Despite the anticipated $0.6 listing price, market forecasts predict a staggering 3,000x return, making even the most optimistic Shiba Inu price prediction pale in comparison.
RCOF token holders enjoy various benefits within the ecosystem. By holding RCOF tokens, users can access exclusive features like discounted trading fees and participation in governance decisions that impact the platform’s future.
The project’s popularity has increased due to the potential for passive income through staking, yield farming, and DeFi lending. Users can stake their RCOF tokens and earn high APYs of up to 86%, creating an additional revenue stream while contributing to the network’s stability.
Take advantage of this early opportunity and join the RCO Finance presale to be part of DeFi’s future.
For more information about the RCO Finance (RCOF) Presale:
Altcoin
5 Key Indicators To Watch For Ethereum Price Rally To $10K
The Ethereum price has surged more than 7% recently, with recent indicators hinting towards a potential ETH rally to $10K ahead. Notably, the recent surge also indicates a bullish momentum for the crypto ahead. So, here we explore some of the top indicators that could propel an ETH price surge ahead.
5 Indicators To Watch For Ethereum Price Rally Ahead
A recent X post from top on-chain analytics platform IntoTheBlock highlighted that Ethereum often follows Bitcoin’s rallies. While mixed signals exist, certain metrics suggest optimism. The platform noted that whales continue accumulating ETH, indicating confidence in the asset’s long-term growth. Increased transaction volumes and minimal selling pressure from holders are also contributing to Ethereum’s positive outlook.
In addition, one critical indicator is daily transactions, which recently rose to 1.22 million from 1.1 million three months ago. This slight uptick reflects growing network activity and rising demand for Ethereum.
Another key metric is large holder netflow, which tracks the buying activity of whales. When whales accumulate, it reduces sell-side pressure and supports price appreciation. Short-term holder behavior also warrants attention.
Meanwhile, increased activity among short-term investors often aligns with heightened retail interest. The holding time of transacted coins is another bullish sign. A steady hold time suggests that long-term investors are retaining their assets, keeping supply constrained as demand grows.
Lastly, exchange flows reveal sentiment trends. Significant outflows from exchanges typically indicate accumulation, signaling confidence among investors.
ETH Rally To $10K Imminent?
ETH price today was up nearly 8% and exchanged hands at $3,343, while its one-day trading volume rocketed 61% to $45.19 billion. In addition, Ethereum Futures Open Interest also rose more than 13%, indicating a strong market confidence towards the crypto.
Amid this, a top crypto market expert predicts ETH price to hit $10K in the coming days, sparking market speculations. However, despite that, a recent Ethereum price analysis hints that the top altcoin should soar past the $4K mark, before its further rally.
Having said that, a flurry of crypto market experts anticipates the crypto to continue its rally in the coming days. In addition, as BTC hits a new ATH recently, the market pundits expect the altcoins to follow suit, especially amid soaring optimism towards a clear regulatory path after Donald Trump’s election win.
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
Agency Reiterates “Digital Assets Securities” As XRP Eyes $2
Ripple SEC Lawsuit: The US Securities and Exchange Commission (SEC) hinted at “digital asset securities” claims amid the appeal in the Second Circuit Court. The move comes as XRP price surpassed $1 and expected a rally to $2 on Gary Gensler’s resignation and the end of XRP lawsuit during Donald Trump’s presidency.
US SEC Hints At Digital Asset Securities Claims In Ripple Lawsuit
In a PLI’s 56th Annual Institute speech last week, SEC Chair Gary Gensler reiterated “Bitcoin is not a security.” He also cleared the intention to continue considering XRP as security as he didn’t mention it along with “Bitcoin, ether, and stablecoins.”
“Our focus, rather, has been on some of the 10,000 or so other digital assets, many of which courts have ruled were offered or sold as securities. Putting this in context, aside from bitcoin, ether, and stablecoins, the rest of this market approximates $600 billion.”
Crypto lawyer James Murphy, also known as MetaLawMan slammed the US SEC for using the term “digital asset securities” again in an X post on Wednesday. Gensler and the SEC disregarded the court’s order on XRP security status in the Ripple SEC Lawsuit. This indicates that the agency failed to comply with its recent apology for using the term “crypto asset securities” in lawsuits.
Here we go again “digital asset securities.”
Unbelievable. https://t.co/vqCbEJ9PNh— MetaLawMan (@MetaLawMan) November 20, 2024
The regulator appealed the summary judgment on XRP sales by Ripple, XRP distribution to employees and others by the company, and XRP sales on exchanges by CEO Brad Garlinghouse and Executive Chairman Chris Larsen. However, the recent crypto narratives amid President-elect Trump has sparked speculation of the end of SEC v Ripple lawsuit.
Will XRP Lawsuit Get Dismissed?
The crypto community called for the dismissal of the long-running Ripple SEC lawsuit and resignation of SEC Chair Gary Gensler. Also, Ripple CEO Brad Garlinghouse said he is expecting a resolution or end of the SEC lawsuit after Trump’s win.
Ripple CTO David Schwartz cleared that the company is legally obligated to Ripple shareholders and not XRP holders. While Ripple can work around legal clarity around XRP and digital assets, the prices of digital assets don’t depend on the efforts of the company. Schwartz and lawyers assert XRP lawsuit will likely get dismissed or settled with $125 million.
Meanwhile, lawyer Bill Morgan asserted that the price of XRP is not influenced by Ripple’s efforts as seen by long-term investors. Notably, Gensler’s hint at resignation and the potential end of Ripple SEC lawsuit triggered an XRP price rally to $1.
XRP Price Rally to $2
XRP price is currently holding at 0.702 Fib retracement level. Any strong upside momentum can trigger the next move to the $1.6–$2. The strong sentiment in the XRP community and Trump’s crypto policies will maintain bullishness in the crypto market.
Popular analyst CredibleCrypto suggests XRP will probably going to make new ATH “a lot quicker than most are expecting.” XRP/ETH just reclaimed and retested a 4-year long-range in the monthly chart, which signals a 250% higher target. He predicted a target of $2.
XRP price jumped over 1% in the past 24 hours and 60% in a week, with the price currently trading at $1.13. The 24-hour low and high are $1.07 and $1.15, respectively. Furthermore, the trading volume has increased by 7% in the last 24 hours, indicating a rise in interest among traders.
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 Whale Accumulation Sparks Optimism, DOGE To Rally 9000% Ahead?
Amid a highly bullish DOGE market witnessed recently, Dogecoin whales’ action to heavily accumulate the token has garnered significant attention among traders and investors globally. On-chain data indicates over 500 million coins were bought from crypto exchanges, signaling increased market confidence in the asset’s long-term prospects. In the wake of this market statistic amid a bull market, crypto watchers anticipate a staggering 9000% gain in the dog-themed coin’s price ahead.
Dogecoin Whale Accumulation Spikes As Over 500M Coins Bought Recently
As per an X post by the renowned crypto market analyst Ali Martinez on November 21, Dogecoin whales bagged over 550 million tokens, worth $214.5 million, from crypto exchanges over the past week. This massive purchase has put significant buying pressure on the asset, pointing out the potential for considerable upside movement ahead.
Notably, the leading dog-themed meme crypto already surfs bullish tides, primarily attributable to the broader market events. Mainly, with Elon Musk’s taking the D.O.G.E. (Department of Government Efficiency) role under Donald Trump’s cabinet, market sentiments surrounding the meme coin have turned highly bullish.
Aligning with this endeavor, a recent CoinGape Media report reveals that D.O.G.E leads Elon Musk and Vivek Ramaswamy further outlined a strategy to reduce the federal workforce under Trump’s presidency. This saga garnered significant attention to the meme coin which is also much touted by Musk. It’s noteworthy that Elon and Vivek are also starting a podcast named “dogecast.” These chronicles, in turn, bring substantial attention to Dogecoin.
Simultaneously, in light of these broader events and the massive buying pressure brought by whales, market watchers foresee a phenomenal rally ahead.
DOGE To Soar 9000% Ahead?
At press time, DOGE price gained slightly by 0.5% intraday and is resting at $0.387, amid a surge in Dogecoin whale activity. The coin’s 24-hour low and high were $0.3666 and $0.3956, respectively. Notably, the monthly chart for the meme coin showcases gains worth 173%. This bullish movement has sparked further investor curiosity despite the recent turbulent performance.
Notably, leading crypto analyst Ali Martinez further spotlights that for DOGE to finally witness a 9,000% parabolic rally, 40% to 50% corrections are sure to be expected. This bullish projection rides the back of historical trends, as the meme coin witnessed a 9,470% pump in 2017 with two major corrections of 40% and another at 84%. In addition, recent on-chain data also indicates a potential rally for top meme coins like DOGE, SHIB, and others, in the coming days.
Subsequently, the coin skyrocketed 30,700% in 2021, seeing two key pullbacks of 46% and 53%. These statements indicate substantial potential for Dogecoin to pump ahead in the light of a broader bull meme coin market, further accompanied by massive whale accumulations.
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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