Dogecoin (DOGE) has failed to clear a key resistance level despite the recent boost from SpaceX and Tesla CEO Elon Musk. As a result, investors have started hedging against potential losses with RCO Finance (RCOF), an emerging Ethereum token that has secured over $1.49 million during its public pre-sale.Â
Why are Dogecoin (DOGE) investors shifting to RCO Finance (RCOF)? Continue reading to discover!
Dogecoin Gains 1% in a Week: Will Gains Continue?
Dogecoin has performed decently over the past week. On August 14, DOGE was changing hands at around $0.1029. After holding this level for days, DOGE gained traction on August 20 after Elon Musk, a known Dogecoin proponent, posted an AI-generated Dogecoin-related image on X.Â
This post generated massive hype in the Dogecoin community. As a result, DOGE climbed as high as $0.1055. However, DOGE lost momentum and failed to clear the $0.1100 resistance level as the excitement about the AI-generated Elon Musk image faded.Â
By August 21, DOGE had stabilized at around $0.1044, which means DOGE had gained 1% in a week. However, the 24-hour Dogecoin trading volume is down 37%, indicating investors are holding their DOGE holdings in anticipation of Elon Musk possibly touting Dogecoin again.Â
RCO Finance’s Robo Advisor Offers Impressive Hedging Capabilities
With Dogecoin failing to clear a key resistance level despite Elon Musk’s boost, investors have started gravitating toward RCO Finance to turn their luck around. Investors are embracing RCO Finance because its next-gen DeFi platform boasts an AI-powered robo advisor, which helps optimize investment portfolios for more returns.Â
The RCO Finance robo advisor leverages mathematical computations and machine learning to analyze market conditions. For instance, based on the current bearish sentiment in the crypto market, the robo advisor might recommend reducing exposure to DOGE.Â
By incorporating these suggestions into their trading strategies, investors can decide when to enter or exit positions. This approach eliminates biases and emotions from the investment process, helping investors reduce risk exposure for increased profitability.
Moreover, the robo advisor can execute trades on behalf of an investor, ensuring no market opportunity goes untapped. Amazingly, the RCO Finance platform grants investors access to over 12,500+ crypto and TradFi asset classes. This wide-ranging offering equips the robo advisor with unlimited options to diversify investor portfolios.Â
Furthermore, the RCO Finance platform boasts state-of-the-art DeFi features. These include lending and liquidity pools, which offer investors options to earn passively as the robo advisor works tirelessly to grow their portfolios. This explains why RCO Finance is emerging as the go-to trading platform for crypto enthusiasts.
RCOF Offers DOGE Investors A Hedge: Massive Gains Incoming!
After Elon Musk’s post on X failed to push DOGE’s price beyond its key resistance level, RCOF, the native token of the RCO Finance ecosystem, has emerged as a top hedging option. Investors are flocking to RCOF because of its tokenomics structure, which positions it for long-term growth.Â
Specifically, RCOF boasts a supply cap of 800 million tokens and a deflationary tool, which helps shrink the supply further. Apart from its tokenomics, RCOF is gaining traction because SolidProof, a leading blockchain security firm, audited its smart contract.Â
By August 21, RCOF was proceeding with Stage 2 of its ongoing public pre-sale, with each token costing $0.0344. When RCOF advances to Stage 3 at $0.0558, Stage 2 investors will enjoy a 62% ROI. Astonishingly, this ROI is set to increase to between 1,000% and 1,644% when RCOF attains its listing price of $0.4-$0.6.
This projected growth explains why you should join Dogecoin investors in embracing the game-changing RCO Finance pre-sale!
For more information about the RCO Finance Presale:
