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Token Presale Goes Viral After Dogecoin Millionaire Recommended It for 2000x Gains in 5 Months

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The crypto world is abuzz with a presale token promising massive returns. It has caught the attention of a prominent Dogecoin millionaire who is projecting massive gains within five months. 

With the presale token already in its third presale stage and boasting impressive price increases, the millionaire’s endorsement has only added fuel to its momentum, making it one of the most talked-about projects in the space.

Dogecoin’s Position and ETF Expectations

Dogecoin (DOGE) has long been a favorite in the crypto space, largely due to its community support and high-profile endorsements, particularly from Elon Musk. 

Recent speculations have added a new layer of excitement, with many predicting that the approval of a Dogecoin ETF could send its price soaring by as much as 440%, potentially reaching $0.7371. If the DOGE ETF captures even a fraction of Bitcoin’s ETF trading volume, the price of Dogecoin could rise significantly. 

Bitcoin (BTC) saw explosive growth following its ETF approval, and many believe Dogecoin will follow a similar trajectory. 

However, Ethereum’s weaker performance post-ETF approval has some investors cautious about overcommitting to the possibility of a DOGE ETF. 

That said, DOGE remains the ninth-largest crypto asset by market cap, with a fiercely loyal community and a current price of $0.1402 after a 124% surge over the past twelve months. 

For Dogecoin (DOGE) investors, an ETF could offer the catalyst they’ve been waiting for, potentially pushing DOGE above its previous all-time high.

Dogecoin Millionaire Recommends This Presale Token Despite DOGE ETF Hopes

Despite the optimistic outlook for Dogecoin, the buzz surrounding a new presale token dubbed RCO Finance (RCOF) has been impossible to ignore. That is why the Dogecoin millionaire has recommended it as an opportunity for exponential gains. 

In its third presale stage, the RCOF token has surged by 337% to a price of $0.055882 from its initial offering, signaling immense growth potential. With the next presale stage set to push the price to $0.0777, it’s clear that the token’s upward trajectory is only beginning. 

Investors are already eyeing the token’s expected listing price of between $0.4 and $0.6, representing a 672.20% increase through the remaining presale stages.

The presale gains have already been realized, and many believe this project could offer life-changing returns. Early investors stand to benefit immensely as the RCOF token enters its public listing, particularly as the RCO Finance platform goes live. 

Given the current market environment and the expected listing price, RCOF could be one of the year’s best crypto investments, outpacing established assets like Dogecoin.

Why RCO Finance (RCOF) Could Surge 2,000x in Five Months

RCO Finance (RCOF) is not just another crypto token. It is the backbone of a highly-anticipated cutting-edge AI-powered decentralized trading platform called RCO Finance, which is expected to reshape how users interact with the financial markets. 

The RCO Finance platform integrates AI-driven solutions to provide a no-code, fully automated trading experience that democratizes access to advanced financial tools. Users no longer rely on brokers or financial intermediaries to make informed investment decisions.

One of the standout features of the RCO Finance platform is its AI-powered Robo Advisor, which provides personalized investment strategies tailored to each user’s financial goals and risk tolerance. 

In addition, the RCO Finance platform shall offer access to over 120,000 assets across various classes, including stocks, bonds, and cryptocurrencies, enabling users to build diversified portfolios easily. The platform will also feature innovative tokenization of real-world assets (RWAs), allowing users to invest in markets like real estate and commodities through fractional ownership.

With a smart contract audited by the renowned auditing for SolidProof, ensuring investor confidence, and advanced features like AI-driven market predictions and real-time portfolio adjustments, the RCO Finance platform is well-positioned for rapid growth. 

As the platform scales, so will the demand for RCOF, pushing its price upward, potentially delivering massive returns of up to 2,000x in five months.

DOGE or RCOF: Which is the Best Investment Right Now?

While Dogecoin’s potential ETF approval holds promise for a price explosion, many analysts believe that RCO Finance (RCOF) presents an even more compelling opportunity for investors. The RCOF token offers various use cases within its ecosystem, from access to premium AI-driven tools to staking for passive income. 

The RCO Finance platform’s innovative features, including tokenized real-world assets and advanced trading capabilities, give RCOF utility far beyond the hype of a meme coin like Dogecoin.

Additionally, the current interest surrounding AI-based projects suggests that RCO Finance could grow tremendously as AI revolutionizes industries. 

The RCOF tokenomics further strengthens the case for long-term value, with 50% of tokens allocated for public sale and 12% locked in liquidity for three years. This design ensures stability and prevents market manipulation, giving investors confidence in the token’s future.

When comparing Dogecoin and RCOF as investment opportunities, RCOF stands out for its robust ecosystem and diverse use cases. While DOGE has enjoyed mainstream attention and could benefit from an ETF, RCOF’s innovative platform and solid tokenomics make it a far more attractive option for investors seeking substantial gains. 

For those looking to capitalize on the next big thing in crypto, RCO Finance (RCOF) is the best bet.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

 



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Cardano Founder Charles Hoskinson Condemns Ripple’s Chris Larsen

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Cardano founder Charles Hoskinson takes a dig at Ripple co-founder Chris Larsen for his recent donations worth millions to support Democratic presidential candidate Kamala Harris. Hoskinson joined Robert F. Kennedy Jr. to criticize Joe Biden-Kamala Harris Administration for dividing the nation and authorizing lethal force against Americans.

Charles Hoskinson Slams Ripple’s Chris Larsen

Cardano founder Charles Hoskinson reacted to an X post by Robert F. Kennedy Jr. raising concern about the current political climate. RFK Jr slammed Kamala Harris for making a “fascism” comment about Donald Trump while in reality Joe Biden-Kamala Harris administration pushed ahead the DoD Directive 5240.01.

“DoD Directive 5240.01 giving the Pentagon power — for the first time in history — to use lethal force to kill Americans on U.S. soil who protest government policies. If you want to understand a politician, the words from her mouth have little relevance, said RFK Jr.

Hoskinson stressed this it is a “betrayal of the Posse Comitatus Act of 1878,” slamming the administration for pushing ahead with the directive targeting Americans.

He also slammed Chris Larsen for donating $11.8 million to Democrats. Crypto is still fighting for regulatory investigation, and using it for political context can add complexity to its decentralized and neutral ethos.

Crypto Market Falls Amid Chris Larsen’s Donations

Chris Larsen’s donation towards Kamala Harris campaign has impacted market sentiment. Ripple CEO Brad Garlinghouse and Larsen had to clarify why he donated XRP to Kamala Harris.

XRP price has dropped 5% this week, currently trading at $0.52. Also, XRP saw a decline in activity in the derivatives market, with an 82% decline in options volume, as per Coinglass data.

Moreover, ADA price has noted a 3% decline in last 24 hours, with the price currently trading at $0.34. The 24-hour high and low for ADA are $0.356 and $0.340.

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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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GOAT Price Extends Weekly Gains To 200% On Binance Futures Listing, Is $1 Next?

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The recent hot buzz of the crypto town, Goatseus Maximus (GOAT), once again garnered substantial investor attention as it secured a vital listing on Thursday. Notably, Binance launched a perpetual contract for the Truth_Terminal-backed token, pushing GOAT price to extend weekly gains by over 200%. Meanwhile, the coin’s intraday gains totaled 20% in tandem with the listing announcement.

Crypto market enthusiasts speculate whether the recently launched crypto could sustain a bull run to $1 in light of its futures listing on one of the top crypto exchanges.

GOAT Bags Binance Futures Listing Reverberating Market Optimism

According to an official Binance announcement dated October 24, the futures trading arm of the firm is listing GOATUSDT USD-Margined perpetual contract today at 13:30 UTC. Traders on the platform can enjoy up to 75x leverage when trading the asset. This mover by the crypto trading platform comes primarily to expand the list of trading choices offered to users.

The underlying asset for the perpetual contract remains Goatseus Maximus, the Truth-Terminal-backed token. Further, the ticker size for the asset is 0.0001, per the listing announcement. Simultaneously, the capped funding rate was set at +2.00% / -2.00% by the exchange. Besides, the announcement also clarified that the perpetual contract remains poised to face potential changes ahead based on market risk conditions.

Nevertheless, the listing appears to have set off bullish waves for the crypto across the broader market, as seen by recent market stats. Notably, the leading crypto exchange, Crypto.com, also listed Goatseus Maximus previously, pouring optimism over the asset’s future prospects.

GOAT Price Soars 20%

Overall, aligning with its recent listing chronicles on leading crypto exchanges, the token currently surfs bullish tides in the market. At press time, GOAT price surged nearly 20% over the past day and is sitting at $0.7947. The token extended weekly gains to over 200%, per CoinMarketCap data. Further, the coin’s intraday low and high were registered as $0.5992 and $0.8821, respectively. Traders also reacted bullishly to the listing announcement as the coin’s intraday trading volume soared 57% to $437.28 million.

Meanwhile, Coinglass data indicated a 201.87% upswing in Goatseus Maximus futures OI to $29.02 million today. Moreover, even the derivatives volume for the token rocketed 808% to $239.53 million. This data pointed out that the Truth_Terminal-backed token is currently on an uptrend.

Simultaneously, past listings by Binance and their impact on a token’s price bring additional optimism toward the coin’s future price movements. Notably, Simon’s Cat price extended gains to over 60% to date since October 21 in light of CAT futures listing on the exchange. This phenomenon sparks optimism over GOAT price gains lying ahead, with a potential $1 target not far away. Also, it’s noteworthy that BitMEX founder Arthur Hayes anticipated the token to gain 10x ahead, adding to optimism on future movements.

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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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Ethereum Whale Dumping Continues, ETH/BTC Pair Hits Three Year Low

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While most of the altcoins have been trying a push upside, the Ethereum (ETH) price has continued to move sideways flirting around $2,550 levels. The ETH/BTC pair has also been heading lower hitting the lowest levels since 2021. On the other hand, the Ethereum whale dumping continues to persist with veteran participants of the ecosystem offloading their stake.

Ethereum Whale Dumping Has Continued Further

After nearly four months of inactivity, an Ethereum ICO participant deposited a staggering 3,000 ETH, worth $7.63 million, to crypto exchange Kraken, as per the data shared by Spot on Chain.

The participant originally received 254,908 ETH at the Genesis block in July 2015 valued at just $79,000 at that time. The Ethereum whale had acquired the ETH coins at the ICO price of approximately $0.31 per ETH. Currently, this whale holds a total of 37,070 ETH, worth around $94.3 million.

The recent whale dumping comes despite Ethereum co-founder Vitalik Buterin sharing key updates taking place within the Ethereum ecosystem to boost the transaction speed and reduce gas fees. A day before, he also shared how ‘The Verge’ upgrade will reduce the hardware requirements while making node operations accessible to every device. But despite this, the Ethereum price has failed to react positively. In its latest report, 10x Research noted:

“A series of overly academic articles from Ethereum founder Vitalik Buterin, combined with declining revenues, has contributed to Ether’s price correction amid resurfacing macroeconomic challenges”.

ETH/BTC Pair Takes A Dive

Technical charts show that Ethereum continues to lose ground against its rival Bitcoin showing the lack of demand for the world’s largest altcoin. Crypto analyst Benjamin Cowen has pointed out that the ETH/BTC pair has recently breached its previous low. He noted that if the support level at 0.038 does not hold, the next target could be around 0.036.

Cowen believes that the low for this cycle will happen by the end of the year, or at the most by the second week of January. As of press time, the Ethereum price is trading 1.96% down at $2,527.11, with a market cap of $304 billion amid the Ethereum whale activity.

Courtesy: Benjamin Cowen

Looking back to 2016, ETH experienced notable declines in April, August, and December. In a similar vein, ETH has faced significant drops in April and August of 2024, leading Cowen to believe that there’s a reasonable chance of another drop occurring before the end of the year, with the low potentially materializing in December.

Also, the demand for spot Ethereum ETFs continues to remain subdued as of now unlike strong inflows in Bitcoin ETF.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

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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