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The crypto market started in October on a bearish note after surging in mid-September. The September rally saw top altcoins like PEPE surge significantly, but a renowned analyst believes the PEPE price is now at risk.
Meanwhile, RCO Finance (RCOF), an emerging Ethereum altcoin, is targeting more gains after maintaining a green trajectory since the start of its presale.
Why does this analyst predict a plunge in the PEPE price, and what’s coming next for RCO Finance (RCOF)? Let’s find out!
PEPE Slumps 14% in a Week: Will Bears Remain Dominant?
PEPE has showcased a subpar performance over the past seven days. On October 1, the PEPE price was hovering around $0.00001126. PEPE plunged the same day, mirroring the Bitcoin (BTC) price movement as the top crypto slipped from its September high of $66,480. Notably, BTC plummeted to the $60,000 the same day.
Following suit, the PEPE price tumbled as low as $0.000008406 on October 3 before recovering partially. By October 8, the PEPE price had stabilized at around $0.000009588. This price means the altcoin has shed 14% in a week. The PEPE 24-hour trading volume has also fallen by 1%, indicating waning investor interest.
This metric paints a bleak outlook for PEPE. Furthermore, renowned crypto analyst Ali Martinez advises investors to exercise caution with PEPE.
Per Martinez, the recent surge in the PEPE price coincided with massive social media hype. As is the norm in the crypto market, crowd-driven pumps do not last, and PEPE might fall further.
RCOF: A Rare Investment Opportunity
With uncertainty about the outlook of the PEPE price mounting, investors have shifted gears and embraced RCOF. Investors are rushing to buy RCOF because it boasts utility within the RCO Finance platform, unlike PEPE.
Also, RCOF is a deflationary altcoin with a supply ceiling of 800 million coins. This tokenomics model supports long-term growth.
It is worth noting that RCOF has also gained investor confidence because it is a safe investment. The smart contract audit conducted by SolidProof, a renowned Germany-based blockchain security firm, verified RCOF’s safety.
Furthermore, this budding altcoin has caught investor attention because its presale has made notable progress. As of October 8, RCOF was in Stage 2 of its presale, with each token costing $0.0344.
This price offers an enticing entry point because this altcoin is set to launch at $0.4-$0.6, rewarding early investors with humongous returns.
Also, experts predict that increasing demand will see RCOF surge 8,000x by 2025, eclipsing PEPE’s 1,200% surge in 2024. This forecast explains why PEPE investors are rushing to buy this presale altcoin.
RCO Finance: A High-Performance Investment Platform
The plunge in the PEPE price has also forced investors to seek high-performance DeFi platforms to transform their investment strategies. Amazingly, RCO Finance, a new DeFi platform that seeks to democratize access to professional investment management tools, has emerged as a top pick among investors.
Apart from its mission, RCO Finance has mesmerized investors because of its trailblazing AI-powered robo advisor.
This tool has become an instant hit in the DeFi sector because it uses machine learning and algorithms to track and glean data from the 120,000+ assets on RCO Finance before offering investors custom investment tips.
Specifically, the robo advisor can pinpoint high-potential investments in the altcoin and TradFi sectors and inform investors when to open or close positions for maximum profitability and minimal risk. This approach helps investors avoid emotional investing, which often results in low returns or losses.
The robo advisor is also making waves because it can trade on behalf of investors. This automation enables the robo advisor to adjust investors’ portfolios with assets matching their risk tolerance and financial goals in real time. As such, investors can enjoy the perks of having high-performing investment portfolios without putting in any work.
Why You Should Join RCO Finance
Apart from its robo advisor, RCO Finance offers features like staking and lending, enabling investors to earn passively now that the PEPE price slows. Also, RCO Finance supports the tokenization of real-world assets (RWAs). This feature grants investors access to illiquid assets like real estate and commodities, simplifying portfolio diversification.
These perks explain why you should join PEPE investors in embracing RCO Finance’s Ethereum altcoin presale to smoothen your investment experience.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
Source: https://coinedition.com/pepe-price-in-danger-as-this-key-metric-rises-expert-says-hedge-with-this-0-03-altcoin-to-get-8000x-gains-by-2025/