SHIB Won’t Hit $1 in 2024?

As the crypto market continues to see gains in Q4, traders search for top-performing assets to add to their portfolios. While some analysts are skeptical about Shiba Inu’s (SHIB) potential, others identify alternatives with explosive growth potential.

RCO Finance (RCOF) and POPCAT are gaining attention as promising alternatives, with predictions of impressive returns in 2024. Will these under-the-radar cryptocurrencies outshine SHIB and deliver unprecedented gains?

SHIB’s Sluggish Price Movement Raises Concerns About Future Growth

Shiba Inu’s grip on the trillion-dollar club is loosening, as on-chain data reveals a significant decline in whale transactions and trading activity in recent weeks. This shift in momentum suggests waning interest in the cryptocurrency.

Large SHIB transactions – typically associated with institutions or cryptocurrency whales – have plummeted. Over the last 48 hours, SHIB recorded 88 such transactions, far below the seven-day high of 383 on October 1.

The dwindling whale activity indicates a decreasing appetite for SHIB, particularly among larger holders. Furthermore, transaction volume has drastically decreased, from a seven-day peak of 8.27 trillion SHIB on October 1 to a mere 1.6 trillion SHIB.

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This decline in whale engagement and trading activity raises concerns about SHIB’s long-term prospects and ability to maintain its position among the top cryptocurrencies. In terms of price movement, SHIB has been sluggish recently. SHIB is valued at $0.0000181, a 2.84% rise from last week.

Meanwhile, some analysts predict an uptrend for SHIB after analyzing its long/short ratio. SHIB could surge as high as $0.0000200 soon. Conversely, with SHIB’s dwindling whale activity, some experts are skeptical about entering the market. SHIB could potentially drop to 0.0000160 in the coming weeks.

POPCAT’s Bull Run: Holders Reap Huge Rewards Amid Price Surge

A savvy crypto trader made a fortune by infusing $4.13 million in Popcat, a popular cryptocurrency, doubling their holdings to $8.49 million in a remarkable 15-day period. Lookonchain revealed this impressive return.

According to Lookonchain’s data, the trader purchased 6.11 million POPCAT tokens using $4.13 million in USDC across two crypto wallets on September 12 and 13 at an average price of $0.68 per token. On October 7, Popcat’s price surged to an all-time high (ATH) of $1.47, doubling the holdings.

These massive gains have all occurred as POPCAT has been on a bullish trend recently. According to CoinMarketCap data, POPCAT is currently up by 47.63% from last week and is trading at $1.40.

Meanwhile, some analysts foresee an uptrend for POPCAT because of bullish signs from the SMAs. After breaking past the $1.27 resistance, POPCAT could rise to $1.95 in the coming weeks.

On the other hand, if the market turns bearish due to sell-offs from traders looking to make a profit, POPCAT could stay at the $0.95 mark.

RCO Finance: The Next Generation Asset Platform

Analysts are hailing RCO Finance as Shiba Inu’s successor, citing its cutting-edge AI features as a catalyst for explosive growth. Unlike Shiba Inu and POPCAT, RCO Finance boasts advanced AI capabilities, including an AI-powered robo advisor that streamlines asset management.

RCO Finance’s AI-integrated no-code platform democratizes access to real-world assets, stocks, bonds, and more, eliminating the need for brokers and fund managers and their associated fees.

The AI robo advisor automates management, analyzing real-time market data according to individual risk tolerance. This level of customization is unprecedented in older platforms.

Teeming traders can explore 120,000 assets from 12,500 classes, build diversified portfolios, and balance risky assets like cryptocurrencies with traditional assets like gold and silver from a single dashboard.

RCO Finance also enables tokenized assets in real estate and commodities, allowing users to own a fraction of million-dollar properties with minimal acquisition. By bridging the gap between small and large holders, RCO Finance creates opportunities for all.

Moreover, its KYC-free ecosystem provides a privacy-focused alternative to traditional platforms. It reduces onboarding friction and attracts privacy-conscious traders who want to participate in DeFi markets without extensive identity verification.

RCO Finance is poised to revolutionize the landscape with its innovative AI features, user-centric design, and commitment to accessibility and privacy.

RCO Finance Token Presale Nears End of Stage 2, Don’t Miss The Train!

The RCO Finance token presale is entering its final stretch, with over 42% of the 80 million RCOF tokens already sold. Currently, RCOF is available at $0.034, but its price will increase by 62% to $0.055 in Stage 3.

As an RCOF token holder, you’ll play a vital role in governing the platform and voting on future updates and roadmaps. This ownership also grants access to exclusive private syndicate ETF funds and cutting-edge AI tools and services.

Following a successful security audit by SolidProof, RCO Finance has earned holders’ trust. The platform’s smart contracts have been deemed vulnerability-free, reinforcing its growth potential. Experts predict RCOF will realize its full potential and surge over 100x upon listing on major exchanges.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

_{Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.}