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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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Dogecoin Cup And Handle Pattern Signals Recovery To $0.4, Here’s How

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

An analyst on TradingView presented a technical outlook that contrasts with prevailing market sentiment, suggesting that Dogecoin is still forming the cup phase of a cup and handle pattern rather than completing the handle as many believe. 

This alternative perspective frames the recent price movements not as a retest following a breakout, but as part of a much longer consolidation phase that began after Dogecoin’s 2021 peak. Nonetheless, the consensus is the same, and this setup suggests that the Dogecoin price is about to recover towards $0.4.

Cup Formation Since 2021 Still In Progress

According to the analyst, the cup and handle pattern visible on Dogecoin’s chart has been developing for nearly four years, with price rounding off a wide base that stretches back to its previous all-time high. This interpretation diverges from the majority view, which argues that Dogecoin completed the cup structure, broke out of the neckline resistance late last year, and is now in the handle phase before another leg upward. 

Instead, the current analysis argues that Dogecoin remains in the latter stages of the cup phase, with no handle formation yet confirmed, and that accumulation is still unfolding. Price holding above key exponential moving averages supports the idea that buyers are gradually building positions during this drawn-out bottoming process.

Dogecoin
Source: Chart on Tradingview

The resistance zone around $0.48 is seen differently in this analysis as only part of the cup formation. From this perspective, the breakout has not occurred, and any move toward $0.4 would be part of a continued upward grind into the neckline. This puts the focus not on handle formation or retest of breakout point, but on the development of a complete cup structure that could eventually set the stage for a classic handle and breakout rally.

Accumulation In Cup Phase To Push Dogecoin To New Highs

Many analysts have written off Dogecoin’s recent pullback as part of a handle retest following a breakout, but this technical setup implies that the price is still climbing toward a breakout point that is yet to be reached. Based on this outlook, a move toward $0.4 could serve as part of the final uptrend in the cup structure, after which a handle might finally take shape. 

If the pattern plays out as described, Dogecoin could see short-term gains before pausing for consolidation at higher levels between $0.4 and $0.5. The real breakout above the neckline resistance is above these levels, before a subsequent handle formation. 

Nonetheless, the most notable price level to watch for a true confirmation of the bullish continuation is $0.48. At the time of writing, Dogecoin is trading at $0.1967. The past 24 hours have been characterized by a brief break above $0.2, which is currently the most significant short-term price resistance to overcome.

Dogecoin
DOGE trading at $0.19 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Analyst Reveals Why The XRP Price Will Dominate Bitcoin & Ethereum

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Crypto analyst Dark Defender has again provided a bullish outlook for the XRP price, predicting that the altcoin will be the “one” over Bitcoin and Ethereum. The analyst outlined why he is confident that XRP could soon dominate the leading cryptocurrencies by market cap.

Why The XRP Price Could Dominate Bitcoin & Ethereum

In an X post, Dark Defender outlined reasons why the altcoin is the “One” and why the XRP price will dominate Bitcoin and Ethereum. First, he stated that the altcoin is the only coin with regulatory clarity, considering that Judge Analisa Torres has declared that the altcoin isn’t a security. Moreover, the US SEC has dropped the Ripple lawsuit, which is also bullish for the altcoin.

Secondly, the analyst alluded to the fact that XRP could be included in the Digital Asset stockpile, which US President Donald Trump created through an executive order. He also remarked that ETF approvals are imminent, which also provides a bullish outlook for the altcoin.

Market expert Nate Geraci also recently predicted that XRP ETF approval is only a matter of time. Polymarket data also shows that there is an 87% chance of an approval this year.

Meanwhile, Dark Defender stated that Ripple stablecoins are coming including ones that will be pegged to other currencies, just like the RLUSD. In line with this, the analyst asserted that it was not Bitcoin and it has never been ETH but instead XRP.

In another X post, Dark Defender stated that XRP has formed a great bullish rectangle pattern. Based on this, he asserted that this consolidation will be over very soon and that the next leg will welcome new all-time highs. His accompanying chart showed that the altcoin could rally to $11 when this consolidation period is over.

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Bear Case For The Altcoin

Amid this bullish outlook for the XRP price, legendary trader Peter Brandt has raised the possibility of the altcoin dropping to as low as $1.07. He revealed that the crypto is forming a textbook head-and-shoulder pattern. The trader added that XRP is now range bound.

ImageImage

Above $3, Brandt stated that he would not want to be short while below $1.9, he would not want to own the altcoin. He further remarked that the bearish pattern projects a decline to $1.07.

However, other crypto analysts such as Javon Marks are still bullish on the altcoin. Marks recently suggested that the XRP price could witness a 570% surge as price and RSI break out to the upside.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. 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, a traveler 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.





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Binance Announces Vote To List Results, Set To List MUBARAK, BROCCOLI, TUT, BANANA

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Cryptocurrency exchange Binance has released the results of its Vote to List program and is set to begin spot trading of selected tokens. The quartet with the most votes includes MUBARAK, BROCCOLI, TUT, and BANANA, memecoins with thriving ecosystems.

Binance Releases Vote To List Results

Binance has released the official results of its Vote To List program, disclosing plans to list four projects. Per the announcement, the selected projects garnered the highest number of votes and scaled Binance’s due diligence.

The quartet includes CZ’s Dog (BROCCOLI), Banana For Scale (BANANA), Tutorial (TUT), and Mubarak (MUBARAK). Going forward, selected cryptocurrencies will be moved from Binance Alpha to the Spot Market.

MUBARAK received the highest number of votes with 8,251 valid votes with Binance stating that the four tokens will be marked with seed tag. Binance applies seed tags to high-risk tokens as a measure of protection for users.

Apart from the votes, Binance says a final decision to list the tokens hinged on historical token performance, risk assessment, and organic voting patterns. While CreatorBid (BID) came second in the voting, it appears the project was excluded based on further evaluation.

Binance excluded Pi Network from the Vote to List initiative, limiting eligible projects to the BNB Smart Chain Network.

Memecoins Are Having A Field Day

The selected tokens in the Vote to List program are all memecoins with pundits predicting the rise of the tokens. Despite the soaring enthusiasm, a cross-section of users has expressed displeasure at the choice of tokens to be listed.

Critics say the selected memecoins do not have the same cult following as memecoins from 2021. They argue that the memecoins are mere random words mentioned by thought leaders in the cryptoverse. However, Ark Invest’s Cathie Woods says memecoins will lose value in the near future after the hype cycle wanes.

“Short-term volume gets them listed and then they wonder why the hype dies in a few weeks and retailers start talking bad about memes,” said one critic.

In other exchange news, Binance has released an update on six tokens, reducing their collateral ratios under portfolio margin.

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Aliyu Pokima

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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