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Shiba Inu Rival Flashing Buy Singal that Triggered the SHIB Price 2021 8,000% Bull Run, Analyst Finds

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The cryptocurrency market is no stranger to explosive price rallies, and Shiba Inu (SHIB) famously delivered one of the most remarkable in 2021, skyrocketing by over 8,000%. 

Now, analysts are pointing to a new player flashing similar buy signals. In its presale stages, this SHIB rival is generating excitement with projections of significant gains. Investors are drawing parallels between the new altcoin’s current trajectory and SHIB’s historic surge, positioning it as a potentially game-changing opportunity.

The 2021 Shiba Inu Price Rally and New Buy Signals

Shiba Inu made headlines in October 2021, reaching an all-time high of $0.0000885 after an explosive 8,000% bull run. 

This surge occurred due to various factors, including widespread social media hype, increasing interest in meme tokens, and bullish technical indicators. 

While SHIB’s price shows bullish sentiment based on several technical indicators and historical trends favoring October as a strong month, there is growing concern about its ability to marshal a rally similar to the one witnessed in 2021. Currently priced at $0.0000173, the meme coin is down 76.19% from its peak.

RCO Finance (RCOF) Flashing Signals Similar to 2021 Shiba Inu Rally

A new Shiba Inu rival is now flashing buy signals reminiscent of the technical patterns seen before SHIB’s 2021 rally. The SHIB rival, RCO Finance (RCOF), is the native token of RCO Finance, a decentralized finance (DeFi) platform that integrates AI and machine learning for advanced trading. It is currently in its presale stage.

RCOF is now in its second presale stage, where its price has increased by 169% to $0.0343 from its initial offering price of $0.01275. This price surge generates optimism that the token may follow in SHIB’s footsteps by experiencing continued growth before it even hits public exchanges.

The next presale stage for RCOF is expected to see the price rise further to $0.05588, offering more opportunities for early investors to capitalize on potential gains. 

Ultimately, RCO Finance’s presale price is projected to increase by over 1,644% through its remaining stages, with a target listing price between $0.4 and $0.6. 

These gains could position RCOF as a strong contender in the crypto market, particularly if it continues to outperform during its presale. Such momentum could result in a significant rally post-listing, especially when its decentralized trading platform launches. 

For early backers, RCOF represents an opportunity to multiply their investments before it become publicly available.

Why RCOF Could Replicate SHIB’s 2021 Rally

When it launches, RCO Finance will offer a range of cutting-edge features that differentiate it from traditional DeFi platforms. The RCOF token plays a central role within the innovative AI-powered platform, and its value is expected to surge as the platform grows. 

Using an AI-powered Robo Advisor, RCO Finance provides personalized investment strategies based on real-time data and market trends. This ensures that even novice investors can access sophisticated strategies previously available only to institutional investors.

The RCO Finance platform will also offer users access to over 120,000 assets across 12,500 asset classes, including traditional assets and tokenized real-world assets (RWAs) like real estate and commodities. 

This broad spectrum of tradable assets, including RWAs, allows users to diversify their portfolios across markets, adding another layer of potential for investment growth.

In addition to its wide asset range, RCO Finance’s ability to tokenize real-world assets further sets it apart. By offering fractional ownership of traditionally illiquid assets, such as real estate, RCO Finance makes these markets more accessible to a wider range of investors. 

This innovative approach, combined with a smart contract audited by leasing security firm SolidProof, a system that guarantees security, enhances investor confidence in RCOF’s long-term potential. 

Why RCO Finance Stands Out as The Best Alternative to Shiba Inu

With the recent buy signals and its upcoming public listing, RCOF is emerging as a compelling alternative to Shiba Inu.

RCOF stands out due to its wide range of practical uses within the RCO Finance ecosystem. The token enables access to advanced AI-driven financial tools, governance voting rights, discounted trading fees, and staking opportunities, all contributing to its long-term value. 

Unlike meme tokens like Shiba Inu (SHIB), which rely heavily on social media momentum, RCOF’s value is tied to a platform that provides real-world financial solutions.

Furthermore, the growing interest in AI-driven technologies in the crypto space gives RCO Finance a significant advantage. With its advanced AI features, RCO Finance could benefit from this rising trend, potentially driving its price to even greater heights as the platform gains wider recognition.

In addition, RCO Finance’s carefully designed tokenomics, including its deflationary model and 3-year token lock for liquidity, ensures stability and prevents pump-and-dump scenarios, which have plagued other tokens in the past.

For investors seeking a token with more utility and long-term growth potential, RCOF appears to be a more robust option than Shiba Inu. Its revolutionary platform, token utility, and structured growth model combine to make it a strong contender in the current crypto landscape. 

As RCOF continues to gain momentum, it could soon outshine SHIB’s 2021 rally and become the next major success story in the DeFi space.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

 



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5 Key Indicators To Watch For Ethereum Price Rally To $10K

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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.

Ethereum price IntoTheBlockEthereum price IntoTheBlock
Source: IntoTheBlock, X

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.

Ethereum priceEthereum price
Source: IntoTheBlock, X

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.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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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Agency Reiterates “Digital Assets Securities” As XRP Eyes $2

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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.

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.
ImageImage

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.

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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 Whale Accumulation Sparks Optimism, DOGE To Rally 9000% Ahead?

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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.

Dogecoin whale accumulationDogecoin whale accumulation

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.

Ali Martinez post on DogecoinAli Martinez post on Dogecoin

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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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