Shiba

Solana

PEPE

Shiba Inu

The renewed winter market has seen established altcoins like Solana (SOL) and Shiba Inu (SHIB) plummet by double digits. Meanwhile, a Pepe (PEPE) trader has sided with <a href="https://rcofinance.com/?utm_source=ethnews&amp;utm_medium=pr&amp;utm_campaign=0807" target="_blank" rel="noopener noreferrer nofollow">RCO Finance (RCOF)</a>, a new Ethereum token pre-sale, which has showcased impressive growth potential.&nbsp;
Why is RCO Finance surging as PEPE, Solana (SOL), and Shiba Inu (SHIB) plummet? Read on to find out!
<h3 id="strong-solana-sol-dumps-40-in-a-week-will-bulls-return-soon-strong">Solana (SOL) Dumps 40% In a Week: Will Bulls Return Soon?</h3>
Solana has slumped significantly over the past week. On July 29, SOL was trading around $191. However, SOL started shedding value on July 30 after Jake Chervisnky, the Chief Legal Officer at Variant Fund, <a href="https://x.com/jchervinsky/status/1818295226311606448" target="_blank" rel="noopener noreferrer nofollow">said</a> investors should not believe the SEC has declared Solana a non-security because the regulator retracted a request for a court to decide on the matter.&nbsp;
By August 5, SOL had stabilized at around $117. This price means SOL has slid 38% in a week. Moreover, the 24-hour Solana trading volume has jumped 246%. This spike in trading volume during a winter market means Solana will likely continue plunging.&nbsp;
<h3 id="strong-shiba-inu-shib-falls-33-in-a-week-what-s-in-store-strong">Shiba Inu (SHIB) Falls 33% In a Week: What’s In Store?</h3>
Shiba Inu has performed subparly over the past week. On July 29, SHIB was hovering around $0.00001714. The June 29 <a href="https://x.com/ShibariumNet/status/1817938204420346299" target="_blank" rel="noopener noreferrer nofollow">news</a> of Shiba Inu partnering with BadIdea to introduce AI governance to Shibarium helped SHIB hold this level despite the prevailing bearish trend in the broader crypto market.&nbsp;
However, <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> plunged below $60,000 on August 4, triggering a marketwide rout. By August 5, SHIB had stabilized at around $0.00001138. This price means SHIB has lost 33% in a week. Notably, the 24-hour SHIB trading volume is up 248%, likely indicating increasing selling pressure.&nbsp;
<h3 id="strong-pepe-sheds-51-in-a-week-what-s-next-strong">PEPE Sheds 51% In a Week: What’s Next?</h3>
PEPE has performed dismally over the past week. On July 29, PEPE was changing hands at around <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">$0.00001224</a>. After Bitcoin (BTC) plunged below $60,000, leading altcoins, including PEPE, mirrored its price movements. By August 5, PEPE had stabilized at around $0.00000597.
This price means PEPE has plunged 51% over the past week. PEPE’s volume is up 143% over the past 24 hours, indicating increasing selling pressure. This explains why this PEPE trader has decided to stand with RCO Finance (RCOF).&nbsp;
<h3 id="strong-rco-finance-s-crypto-ai-features-position-it-as-a-viable-ico-strong">RCO Finance’s Crypto AI Features Position It As a Viable ICO</h3>
RCO Finance is an up-and-coming DeFi project that seeks to enhance the investment experience for crypto proponents by integrating crypto into traditional finance. To this end, <a href="https://rcofinance.com/?utm_source=ethnews&amp;utm_medium=pr&amp;utm_campaign=0807" target="_blank" rel="noopener noreferrer nofollow">RCO Finance</a> offers investors access to over 12,500 asset classes, including ETFs, FX, shares, and other RWAs.&nbsp;
Through this offering, RCO Finance ensures investors can create custom investment portfolios, helping them maximize profits. AI and blockchain technology are at the core of RCO Finance’s platform.&nbsp;
This synergy guarantees automation, security, transparency, interoperability, and fast trade executions, among other perks.&nbsp;
Additionally, RCO Finance boasts the only truly AI-powered robo advisor in the crypto market. By leveraging advanced logarithms and machine learning, this crypto AI feature helps investors eliminate emotions from the investment process by offering data-driven suggestions.&nbsp;
These attractive features explain why this PEPE trader is betting on RCO Finance’s native token, RCOF.
<h3 id="strong-rcof-promises-massive-presale-returns-strong">RCOF Promises Massive Presale Returns</h3>
<a href="https://rcofinance.com/?utm_source=ethnews&amp;utm_medium=pr&amp;utm_campaign=0807" target="_blank" rel="noopener noreferrer nofollow">RCOF </a>is an Ethereum-based token with a total supply of 800 million tokens. Additionally, RCOF has a deflationary mechanism, which helps prevent inflation by burning tokens that RCO Finance repurchases from the open market. Notably, RCOF supports all transactions, fees, and rewards within the RCO Finance ecosystem.&nbsp;
Additionally, RCOF holders can propose and vote on governance proposals. This explains why investors are rushing to buy RCOF. As of August 5, RCOF was in Stage 2 of its ongoing public <a href="https://rcofinance.com/?utm_source=ethnews&amp;utm_medium=pr&amp;utm_campaign=0807" target="_blank" rel="noopener noreferrer nofollow">presale</a>.&nbsp;
Investors can now purchase RCOF at $0.0344. When RCOF starts Stage 3 at $0.0558, Stage 2 investors will realize a 62% ROI.
After RCOF hits its listing price of between $0.4 and $0.6, Stage 2 investors will see the value of their RCOF holdings jump 1,500%. This humongous ROI explains why this PEPE investor is betting on RCOF and why you should join this promising Ethereum token pre-sale.&nbsp;
For more information about the RCO Finance Presale:
<a href="https://rcofinance.com/?utm_source=ethnews&amp;utm_medium=pr&amp;utm_campaign=0807" target="_blank" rel="noopener noreferrer nofollow">Visit RCO Finance Presale</a>
<a href="https://linktr.ee/rcofinance" target="_blank" rel="noopener noreferrer nofollow">Join The RCO Finance Community</a>
The post <a href="https://www.ethnews.com/pepe-trader-takes-a-stand-with-rco-finance-rcof-bet-while-solana-sol-and-shiba-inu-shib-head-for-lower/" rel="noopener noreferrer nofollow">PEPE Trader Takes a Stand with RCO Finance (RCOF) Bet While Solana (SOL) and Shiba Inu (SHIB) Head for Lower</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

PEPE Trader Takes a Stand with RCO Finance (RCOF) Bet While Solana (SOL) and Shiba Inu (SHIB) Head for Lower

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