Spike in SHIB, DOGE sell orders trigger panic among traders while RCOF soars

Market players are troubled by bearish indications from Shiba Inu and Dogecoin sparked by sell orders, which has caused them to onboard RCO Finance.

Recent data has shown rising sell requests from Shiba Inu (SHIB) and Dogecoin (DOGE) investors stemming from the latest market crash. This development has incited angst amongst crypto traders, causing them to seek a better alternative. To this end, RCO Finance (RCOF) is a suitable investment vehicle to hop aboard for outsized gains.

Shiba Inu flashes bearish signals: What’s happening?

Shiba Inu investors are in a precarious position as the dog-themed meme coin SHIB gives off bearish signals. SHIB lost upside momentum amid attempts to reclaim price levels higher than $0.000014. On-chain data has presented real-time data on the cause of the setback.

The leading issue is that only a surprising handful of investors are profitable at SHIB’s current price. Since nearly 52% of investors are in the out-of-money zone, i.e., at a loss, many have resolved to cut their losses. This decision has driven them into a sell mode.

Dogecoin struggles amid whale transactions

Dogecoin is no different than Shiba Inu. One cause of DOGE’s descent is a recent whale transaction involving the transfer of 117.52 million DOGE coins valued at $11 million to US-based exchange Robinhood. 

Due to the ambiguous nature of the transaction, many have concluded it to be a sell move, stirring panic among DOGE retailers. Besides, $14.74 million was wiped out of DOGE’s market three days ago, reinforcing extreme pressure on Dogecoin traders.

In addition, the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators for DOGE both signal bearishness. 

RCO Finance attracts DOGE, SHIB fans with AI-powered tech

RCO Finance has presented a compelling case to Dogecoin and Shiba Inu investors as their best option in a moment of capitulation. Even as the bears battered the crypto market earlier this week, RCO Finance took another step forward in its presale by advancing to the next stage, accompanied by a price increase. 

This is one of many reasons DOGE and SHIB investors are settling for RCO Finance.

Another reason behind RCO Finance’s adoption is its AI-powered robo-advisor, a technology transforming digital investment for traditional investors. 

This technology leverages machine-learning algorithms, variables, and real-time data analysis to develop strategic investment plans customized to individual financial goals and risk tolerance. 

Its self-operating module enables it to function without the human factor, which is necessary for making financial decisions predicated on mathematical data and pure analysis rather than emotions, sentiments, or bias.

With it, users can invest in almost 120,000 digital assets without directly executing a single trade. It also offers deep insights into market conditions and aids in risk management by pinpointing profitable assets to invest in.

Moreover, suppose an investor decides to invest in a particular asset. In that case, the robo-advisor comes in handy by analyzing such an asset from a historical standpoint to its current state to determine its profitability, enabling investors to make well-informed investment choices.

Investors can purchase any of the assets listed on RCO Finance using cryptocurrency, eliminating the hassle of fiat conversion. They may also execute on- and off-ramp transactions with their debit card from anywhere in the world. 

Three areas where RCO Finance stands out are privacy—by taking the NO-KYC approach—security—getting audited by SolidProof—and accessibility—by adopting a friendly interface so that newbies or seasoned traders can navigate the platform easily.

Why RCOF became the go-to for DOGE and SHIB traders

RCOF’s price performance is a magnetic force pulling DOGE and SHIB traders into the RCO Finance ecosystem. Amid the recent market crash, RCOF managed to gain upside momentum, defying the general outlook of the market. It is now gearing up for additional gains of up to 1,800% before its official launch.

The token is currently worth $0.0343, trading in Stage 2 of its presale. With over 25 million tokens sold, RCOF is preparing for a 75% increase to $0.0558, coupled with an entry into Stage 3 of its presale. Its long-term projection amounts to 18X its current price, during which it will be trading between $0.4 and $0.6, its official launch price.

Lastly, RCO Finance’s ecosystem is structured for continuous growth through its carefully crafted tokenomics, which are designed to protect against liquidity crunch and pump-and-dump schemes.

To learn more RCO Finance presale, visit the RCO Finance presale, and join the RCO Finance community.