The post Is this AI platform the only safe place? appeared on BitcoinEthereumNews.com.

Almost the entire crypto market traded at losses on Friday, as a massive sell-off followed the US Labor Department reports. From a strongly positive start to the week, many top altcoins dipped considerably at the end, and the volatile meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) were most affected. The future of meme coins is still being determined, and investors are stumped for trading options. Meanwhile, a new DeFi coin is looking to rise through the ranks, and its presale is open for prospective buyers. Let’s explore more! Shiba Inu is well-balanced between bears and bulls The decline on Friday hit meme projects like SHIB hardest. Just as the meme coin was looking to join the crypto bull run, its price started to decline. Shiba Inu has had 2.4% losses since Friday, and its holders are beginning to dump the token. This can further decline Shiba Inu’s price or spark buying pressure among other investors. The whales were in the middle of token accumulation when the dip struck. If they can hold above the 40 trillion tokens support level, Shiba Inu could see a price reversal.  Many analysts consider that level one, where buyer interest could offset the selling pressure, is Shiba Inu’s only hope for a comeback this time. Maybe meme coins are the best platforms for profits, but history shows us that they can be volatile. On the other hand, DeFi projects have upheld the decentralized aspect of cryptocurrency for a long time, and you can trust that RCO Finance is here to upgrade DeFi. RCO Finance: The future of DeFi is here! Decentralized finance is spreading fast across sectors in the crypto verse, but the trading sector has been at a standstill for years. Even the proposed AI upgrades are less effective, and traders are often…

---

Filed under: News - @ June 11, 2024 11:24 am