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This Under the Radar Crypto Will Put the Shiba Inu and XRP Price to Shame with an 8000x Run by 2025

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4 months ago

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While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.

With its innovative features and potential for explosive growth, this new AI token could easily outperform well-known coins like Shiba Inu and XRP.

Shiba Inu and XRP Price Movements

Shiba Inu (SHIB) has established itself as a meme-based cryptocurrency, often compared to Dogecoin. Currently, SHIB is trading at $0.0000184, having experienced significant fluctuations over time.

While SHIB has garnered considerable attention and a robust community, it remains down approximately 74.65% from its all-time high (ATH) of $0.0000725, and its short-term price projection does not clearly show a path to reclaiming its ATH.

On the other hand, XRP is recognized for its potential in facilitating cross-border payments and has positioned itself as a leading cryptocurrency, currently priced at around $0.5402.

Despite its prominent position, down approximately 83.73% from its all-time high of $3.32, XRP price faces bearish sentiment in the short term, which raises questions about its future performance.

The Under the Radar Crypto Poised to Surpass Shiba Inu and XRP

Among the many projects emerging in the crypto space, RCO Finance (RCOF) stands out as a potential game-changer. Currently in its second presale stage, RCOF has seen a remarkable surge of 169% from its initial price, which is now $0.0344.

As the presale progresses, the token’s price will rise to $0.05588 in the next stage.

RCOF is projected to achieve an astonishing increase of over 1,644% through the remaining presale stages, with an expected listing price between $0.4 and $0.6.

The momentum generated during the presale points to a strong potential for further gains post-listing.

As RCO Finance prepares to launch its native platform, early investors have a unique opportunity to significantly multiply their investments.

Why RCO Finance (RCOF) Could Soar 8000x by 2025

RCO Finance (RCOF) is not just another token but the native cryptocurrency of a revolutionary decentralized trading platform dubbed RCO Finance.

The RCO Finance platform harnesses the power of artificial intelligence (AI), making it a significant player in the evolving crypto landscape. The anticipated growth of the RCO Finance platform could result in a substantial increase in RCOF’s price within weeks of launch.

With features such as an AI-powered Robo Advisor that tailors investment strategies to users’ needs, access to over 120,000 assets across 12,500 asset classes, and tokenizing real-world assets (RWAs), RCO Finance is designed to cater to novice and seasoned investors.

The platform offers a unique opportunity for users to engage with previously inaccessible markets, enhancing the overall investment experience.

Moreover, the platform has undergone smart contract auditing by SolidProof to ensure safety and reliability, which builds trust among investors.

These features of RCO Finance, coupled with the strong market demand for AI solutions, suggest that the RCOF token could easily surpass the $1 mark post-listing, making it a prime candidate for explosive growth.

Why RCO Finance (RCOF) Could Be the Best Investment Option Right Now

When comparing investment opportunities in the current market, RCOF emerges as the best alternative to established players like Shiba Inu and XRP.

With its multifaceted use cases within the AI-powered RCO Finance ecosystem, RCOF presents a unique value proposition that sets it apart from its competitors. The hype surrounding AI projects further positions RCO Finance for considerable growth.

RCOF’s tokenomics are designed for long-term sustainability. With 50% of tokens allocated for public sale, the company demonstrates a commitment to community development and fair distribution. Additionally, 12% of tokens are locked for three years to mitigate volatility and prevent pump-and-dump scenarios.

While Shiba Inu and the XRP price have shown significant movements, the RCO Finance (RCOF) price surge in the ongoing presale stages presents a compelling case for investment.

Investors looking for an opportunity to capitalize on the next big thing in crypto should consider RCOF a top contender, with the possibility of an incredible 8,000x return by 2025.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

 

 



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ByBit Hacked, BTC Stagnant, LTC ETF Advances

Published

40 minutes ago

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February 23, 2025

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Crypto Highlights This Week: The broader market concludes another interesting week, primarily keeping investors on their toes. Cryptocurrency exchange behemoth Bybit suffered a $1.4 billion hack this week, whereas BTC and altcoins remained stagnant despite market advancements. Simultaneously, the meme coin sector panicked amid the emergence of the Argentinian LIBRA token.

Here’s a brief collection of some of the top crypto market updates reported by CoinGape Media over the past week.

Weekly Crypto Highlights: ByBit Exchange Hacked By N. Korean Group

The renowned cryptocurrency exchange Bybit was hacked by ‘The Lazarus Group’ this week, resulting in a massive exploitation of funds. Reportedly, the North Korean criminal organization stole $1.4 billion worth of ETH from the crypto exchange.

As a result, the broader crypto market saw a whopping $566 million liquidated in a day as investors started panic selling. In turn, BTC and altcoins reversed recent gains, backtracking to previous lows. BTC price closed the week at around $96K, whereas ETH was near $2,800. XRP & SOL also reversed recent gains, trading in the red this weekend.

It’s also worth mentioning that ByBit rolled out a $140 million bounty for cybersecurity experts to recover $1.4 billion stolen in Ethereum.

LIBRA Token Panic: What Happened?

Meanwhile, Argentinian President Javier Milei endorsed the Solana-based LIBRA meme token this week, which soon rocketed in value. However, the market was taken by storm when insiders cashed out massive amounts amid the rally, urging LIBRA price to crash over 90%. This saga raised rug-pull concerns surrounding the crypto, further bringing heat to its price.

However, President Javier Milei ordered a probe into the launch and KIP Protocol, aiming to rectify the error and bolster the token. This saga has emerged as another noteworthy crypto highlight this week, underscoring the market’s risky nature.

ETF Filings This Week

Simultaneously, a stockpile of ETF advancements was witnessed this week. Canary Capital’s Litecoin ETF emerged on Depository Trust & Clearing Corporation (DTCC), solidifying chances of approval.

Further, Grayscale’s XRP ETF entered the U.S. SEC’s review mode.

Also, asset manager Franklin Templeton filed an S-1 to launch a spot Solana ETF with the U.S. SEC this week. Mentioned above are the top crypto market highlights for this week, which appear to have substantially impacted investor sentiment.

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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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Bybit Turns To Bitget And Binance For $239 Million ETH Loan Amid Withdrawal Spike

Published

4 hours ago

on

February 23, 2025

By


Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and liquidated on several platforms.

Ben Zhou, Bybit’s CEO, promptly addressed the hack and told users that the site’s other cold wallets are secure and withdrawals are processed “normally”. 

As the company struggles with a surge in withdrawal requests, it received over 88,000 ETH (worth around $239 million) from popular exchanges like Binance and Bitget. The fresh crypto transfers from these two popular exchanges boosted Bybit’s liquidity, allowing it serve the customers’ withdrawal requests.

Authorities Link Breach To North Korean Hacking Group

Friday’s hacking of the Bybit cold wallet is considered the biggest crypto hacking on record. Arkham Intelligence and Elliptic said the stolen digital assets were quickly transferred to different accounts and liquidated within minutes. Elliptic reports that the hacking is by far the biggest in the industry and easily surpassed the stolen $570 million from Binance in 2022 and the $611 million worth of crypto assets drained from Poly Network in 2021.

Elliptic speculated that the Lazarus Group, a state-backed hacking team in North Korea, perpetrated the hack. The Lazarus Group is known for its crypto-hacking activities, stealing billions of dollars from different sites. 

Bybit Gets Help From Binance And Bitget

As Bybit struggled to service the surge of withdrawals, it received help from other popular exchanges to cover the requests. Arkham said the exchange received more than 88,000 Ether or roughly $239 million from Binance and Bitget addresses.

The fund infusion can boost the exchange’s current liquidity as it addresses the massive withdrawal requests. Bybit confirmed that its users moved funds from the exchange after the hack was made public.

ETH is currently trading at $2,734. Chart: TradingView

Arkham said Bitget transferred 40,000 Ether, or $106 million, to a Bybit cold wallet on February 21st at 19:44 (UTC). Lookonchain argued that Bitget transferred its funds to the exchange to boost its liquidity and serve as a vote of confidence. 

After 10 minutes, a Binance hot wallet transferred 11,800 Ether or $31 million to the same Bybit cold wallet address. In total, Binance has transferred 47,800 Ether or $127.48 million. 

CEO Explains Crypto Exchange Remains Solvent

Bybit’s CEO, Ben Zhou, has assured its users and customers that the exchange is solvent. In a Twitter/X post, the CEO explained that the customers’ funds are backed 1:1 and that the company can service the losses even if it fails to recover them.

Featured image from Adobe Stock, chart from TradingView





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Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

Published

9 hours ago

on

February 22, 2025

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VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept?

The Potential Impact Of Strategic Bitcoin Reserves

The study examines a scenario in which the US government obtains up to 1 million BTC during a five-year period. If this strategy comes to fruition, VanEck believes that such a reserve may help balance almost $21 trillion in national debt by 2049. Based on forecasts of future debt growth, this equates to around 18% of the expected total debt at the time.

However, this positive forecast is heavily reliant on Bitcoin’s price trajectory. VanEck’s model forecasts that BTC will grow at a 25% compounded annual rate (CAGR). Starting with an estimated acquisition price of $100,000 per unit in 2025, the crypto would need to see sustained price increases over the next two decades.

Source: VanEck

Debt Growth Versus Bitcoin Appreciation

The study considers the expected 5% annual rate of increase in US debt trajectory. Any effort to balance the predicted $100 trillion national debt by 2049 will need assets with big appreciation potential.

Though highly volatile, Bitcoin presents both a challenge and an opportunity. A 25% CAGR is an ambitious aim considering past pricing volatility, regulatory uncertainties, and industry acceptance patterns. Should the slow down in the crypto’s expansion, the reserve might not meet expectations, therefore lessening its value in addressing national debt.

BTC is now trading at $96,456. Chart: TradingView

Bitcoin As A Government Asset

VanEck’s view is consistent with a broader discussion concerning the leading digital currency’s role in national economies. Countries such as El Salvador have already adopted the top coin into their financial plans, albeit on a far lesser scale. If the US took a similar strategy, it would be an unparalleled shift in monetary policy.

The practicality of building such a massive Bitcoin reserve raises concerns. Would the government buy the crypto asset gradually or in bulk? How would it safeguard and govern such an asset? These uncertainties complicate VanEck’s vision.

A High-Risk Gamble Or A Financial Breakthrough?

VanEck’s research presents an intriguing possibility, despite these obstacles. The potential of BTC as a long-term wealth reserve is still a topic of debate among economists and policymakers. It may be feasible to employ the digital asset to mitigate national debt if its value continues to increase.

For now, the feasibility of this strategy remains uncertain. The US government has yet to indicate any concrete plans to acquire the alpha crypto on a large scale. But with national debt rising and Bitcoin’s influence growing, discussions around this unconventional solution are far from over.

Featured image from Gemini Imagen, chart from TradingView



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