Dogecoin Analyst Says Buying this $0.03 Altcoin is a “No Brainer” If You Want to Capture 11,000x Rally
The post Dogecoin Analyst Says Buying this $0.03 Altcoin is a “No Brainer” If You Want to Capture 11,000x Rally appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The fresh bearish cycle in the crypto market has seen investors in top altcoins like Dogecoin (DOGE) scramble to secure alternative investments to hedge their portfolios against further losses. Luckily, an experienced analyst has spotted RCO Finance (RCOF), an upcoming altcoin that has performed impressively in its presale thus far. Why does this analyst believe RCO Finance (RCOF) offers Dogecoin (DOGE) investors a perfect hedge? Continue reading to find out! Dogecoin Tumbles 10% in a Week: Is a Rebound in Order? Dogecoin has performed deplorably over the past week following a marketwide rout. On September 27, DOGE was changing hands at around $0.1188. DOGE shot up the same day after mimicking the Bitcoin (BTC) price movement as the leading crypto raced to its September peak of $66,480. Specifically, Dogecoin surged as high as $0.1314 on September 28 as traders flocked to capitalize on the Bitcoin-triggered altcoin season. However, the buzz faded after BTC started correcting downward. Consequently, Dogecoin (DOGE) took a sharp dive before stabilizing at around $0.1064 as of October 4. This price means DOGE has shed 10% in a week. Moreover, the 24-hour Dogecoin trading volume has slumped 10%, intimating that investors are migrating from DOGE. This migration will likely fuel the ongoing bearish trend, explaining why this analyst recommends investing in RCO Finance (RCOF). RCOF’s Presale Presents An Exceptional Investment Opportunity This experienced analyst is touting RCOF because its utility within the RCO Finance ecosystem underpins its long-term viability. Also, RCOF is a deflationary altcoin with a supply cap of 800 million tokens. This well-structured tokenomics model facilitates RCOF’s…
Filed under: News - @ October 7, 2024 12:02 am