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The Dogecoin price has plunged as the crypto market retraces its end-of-October gains. This lackluster performance has left investors wondering whether DOGE will survive the volatility expected to hit the crypto market after the US election.
To this end, smart traders are shifting to RCO Finance (RCOF), an upcoming DeFi altcoin that has showcased an impressive growth trajectory thus far during its ongoing presale.
Will Dogecoin (DOGE) pump or dump after the US election, and why is RCO Finance (RCOF) emerging as a top investment pick? Read on to find out!
Dogecoin Sheds 1% in a Week: What’s in Store?
Dogecoin has underperformed over the past seven days. On October 29, the Dogecoin price was hovering around $0.1635. The Dogecoin price gained momentum the day after mirroring Bitcoin’s price action. Specifically, Bitcoin (BTC) soared past $70,000 for the first time since June, triggering a marketwide rally.
The resulting uptrend saw the Dogecoin price jump as high as $0.1791 on October 29. However, speculative traders started taking profits, and the Dogecoin price corrected downward. By November 5, Dogecoin (DOGE) had stabilized at around $0.1618. This price means DOGE has slid 1% in a week.
With DOGE being a favorite altcoin among speculative traders, experts believe it might face significant dangers after the US election, depending on the outcome. The crypto market will likely slump if Kamala Harris emerges victorious. This explains why savvy traders are migrating to RCO Finance (RCOF).
RCOF Set To Jump Meteorically During Its Presale
With the Dogecoin price facing headwinds, traders are shifting to RCOF to hedge against losses. RCOF has emerged as a perfect hedge for DOGE investors because it boasts a limited supply of 800 million tokens. Additionally, RCOF has a deflationary tool that combats inflation, facilitating long-term value appreciation.
RCOF is also causing a stir because it is a safe investment. The smart contract audit conducted by SolidProof, a leading blockchain security firm, verifies its safety. Apart from these features, RCOF has captivated investors because of its high-potential presale.
As of November 5, RCOF was going for $0.0558 during Stage 3 of its presale. Stage 3 investors are set to enjoy colossal ROIs when RCOF completes its presale at $0.4-$0.6. Moreover, experts predict that RCOF will jump 8,000x by the end of 2024, surpassing Dogecoin’s 128x pump in Q4 2021.
RCO Finance Fascinates Traders With Its AI-Powered Robo Advisor
With the Dogecoin price slumping, traders are actively searching for feature-rich investment platforms to hedge against losses and increase their chances of profitability. Amazingly, RCO Finance has emerged as the platform of choice for many investors because it offers cutting-edge trading tools.
Notably, RCO Finance depends on its AI and blockchain-powered infrastructure to build top-tier tools, ensuring investors always have access to the latest features. However, it is worth noting that RCO Finance’s backbone is its AI-powered robo advisor, which employs machine learning and algorithms to generate data-driven investment insights.
By integrating the robo advisor’s data-based suggestions into their investment strategies, investors can easily ramp up their profits while minimizing risk exposure. These suggestions can help investors pinpoint the best time to enter, exit, or double down on positions.
To simplify investing further, the robo advisor can automatically complete trades on behalf of investors. This feature allows investors to take a break from hands-on investing. The robo advisor can easily pick out investment opportunities that match their personal risk profiles and financial goals.
RCO Finance Supports Crypto and Tokenized RWAs
RCO has also won over investors because it supports over 120,000 assets across 12,500+ classes. This offering comprises top cryptos like DOGE, illiquid tokenized real-world assets (RWAs) like real estate, and decentralized derivatives like swaps, options, and futures.
This diversified asset offering gives investors infinite options to adjust their portfolios for profitability even if the Dogecoin price tumbles further. Based on this fact, it is easy to see why you should join RCO Finance and smoothen your investment experience.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/11/07/dogecoin-price-prediction-doge-face-dangers-post-us-election/