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Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Published

4 months ago

on


Jul 25, 2024 18:52&nbspUTC

| Updated:

Jul 25, 2024 at 18:52&nbspUTC

By&nbspClark

Cryptocurrency markets are often turbulent, but they offer promising opportunities for informed investors. Shiba Inu (SHIB) and a relatively new player, RCO Finance (RCOF), are generating significant buzz among various digital assets. 

While Shiba Inu’s prospects are debated, RCO Finance’s groundbreaking AI-powered platform shows immense potential. 

In this article, we delve into the insights from top crypto analysts on Shiba Inu and why RCO Finance might be a better investment.

Experts Project Shiba Inu Could Turn Bullish

Shiba Inu (SHIB) has had a tumultuous ride in recent months. Data from CoinMarketCap shows SHIB has plummeted 13.75% in the past seven days and about 40% over the past three months. 

Despite this, SHIB’s month-to-date (MTD) and year-to-date (YTD) performance has been impressive, rallying 4% and 117.32%, respectively. This mixed performance has left investors wondering about its future.

A group of more than ten financial experts polled by Finder speculates that Shiba Inu could surge 400%. These predictions come amid a bearish trend where SHIB’s price fell to $0.00001740. 

According to Finder’s report, when SHIB was trading at $0.000009, the experts projected it could hit $0.00001 by the end of the year and $0.000025 by 2025. 

These targets reflect an 11.11% rise from its price during the survey and a 177.77% increase by 2025. For 2030, the target is $0.000045, a 400% surge from the current levels.

Interestingly, Shiba Inu’s current price surpasses the short-term target of $0.00001, suggesting potential bullish momentum. 

New Altcoin, RCO Finance (RCOF), is Offering a Better Prospective Compared to Shiba Inu

Despite the bullish price predictions for Shiba Inu, the current crypto downturn has significantly impacted its price, leaving investors looking for better alternatives. Among the promising alternatives is RCO Finance’s native token, RCOF, which is gaining attention for its promising potential. 

As the native token of the groundbreaking AI-powered decentralized trading platform, RCO Finance, RCOF stands out due to its utility and strategic presale price increments. 

The RCOF token presale has been designed to maximize community participation and offer substantial returns. 

Investors who purchase the token in the current presale stage (which is the first stage) have an opportunity to buy the token at the lowest price of $0.01275. So far, only 38,264,110 tokens remain for grabs out of 98 million tokens.

As the presale progresses, the token price is expected to gradually increase with each stage. In the next stage (Stage 2), the price will be $0.0343; in Stage 3, $0.0558; and Stage 4, $0.0777, before culminating in $0.2142 in the last stage, dubbed Bonus Round.

The presale stages alone offer early investors a chance to see their investment grow by up to 1580%. And that is not all! The expected listing price is between $0.4 and $0.6, presenting potential gains of up to 3000% for those who invest now in Stage 1.

This means that investing $1000 now could potentially yield $30,000 upon launch, and investing $100 would potentially yield $100. The more the investment, the more the yield!

Besides the projected price gains, holding the RCO Finance (RCOF) token has other benefits, including staking rewards for participating in RCOF staking, tier-based dividends, and an opportunity to participate in governance decisions through voting on the platform.

Why RCO Finance is Among the Best Cryptocurrency to Invest in Now

In addition to the promising RCOF token, RCO Finance boasts several innovative features that make it a compelling investment. 

At its heart is the AI-powered Robo Advisor, which leverages machine learning to analyze market trends and execute trades automatically. This technology ensures informed investment decisions and capitalizes on market movements, providing investors with a significant edge.

Users do not have to sweat it out trying to analyze market trends manually. They specify their investment needs and leave the rest to the Robo Advisor. What an easy way to earn from crypto trading!

The platform supports trading across various asset classes, including cryptocurrencies, stocks, ETFs, bonds, commodities, and FX. Most importantly, investors can invest in real-world assets (RWAs) directly using cryptocurrencies without going through the tiresome process of fiat-to-crypto conversion.

RCO Finance will also offer high-leverage options up to 1:1000 and plans to launch a crypto debit card for fiat conversions. 

With industry-leading security integrations and a commitment to regulatory compliance, RCO Finance ensures a secure trading environment. Its smart contracts have undergone rigorous audits by reputable firms like SolidProof, ensuring security and transparency. 

The platform also features staking opportunities with high yields and tokenized private syndicate ETF funds, democratizing access to traditionally exclusive investments.

The comprehensive roadmap includes phases for community building, platform launch, ecosystem development, and further integration of DeFi services. With its innovative approach and strong community focus, RCO Finance is well-positioned for growth.

Well, if you would like to be part of this groundbreaking venture, do not hesitate. To take advantage of the price increments, purchase a share of the RCOF tokens in the ongoing presale.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Clark

Head of the technology.

#Press Release

This is a paid press release. Btcwires does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.





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Trader Says Telegram Gaming Token Primed To Rally by Nearly 100%, Updates Outlook on Ethereum and Dogecoin

Published

5 days ago

on

November 8, 2024

By


A popular crypto strategist is suddenly flipping bullish on an altcoin connected to a viral game on the encrypted messaging platform Telegram.

Analyst Ali Martinez tells his 77,300 followers on the social media platform X that Notcoin (NOT) could soar 100% from its current value.

“Notcoin is showing a promising risk-to-reward setup. With a falling wedge pattern forming, it could be primed for a bullish breakout toward $0.012!”

Image
Source: Ali Martinez/X

A falling wedge breakout is a technical analysis pattern that is used to identify bullish reversals in an asset’s price. The pattern is characterized by a series of lower highs and lower lows that form a wedge-shaped pattern on the chart.

As the pattern progresses, the distance between the highs and lows decreases, which indicates that the selling pressure is weakening. When price breaks out of the upper trend line of the wedge, it’s traditionally considered bullish.

NOT is trading for $0.006 at time of writing, up 7.9% in the last 24 hours.

The analyst is also bullish on Ethereum (ETH), suggesting it could soon hit $6,000.

“The risk-to-reward ratio on Ethereum is too good to pass up for a long position! I’ve set my stop below $1,880 and am aiming for a target of $6,000.”

Image
Source: Ali Martinez/X

Looking at his chart, the analyst suggests ETH is holding the bottom trend line of the ascending channel as support and could soon re-test the upper bound at around $6,100.

Next up, the analyst suggests that Dogecoin (DOGE) may see an explosive rally, in part, due to billionaire Elon Musk. Musk, one of the memecoin’s most famous supporters, is now close to US President-elect Donald Trump, after playing a role in his election.

The analyst also believes DOGE may repeat a historic pattern based on Fibonacci extensions, which traders use in technical analysis to estimate profit targets and price pullbacks. They are based on Fibonacci ratios.

“With Elon Musk now influencing the 47th President, Donald Trump, Dogecoin could be primed for a wild ride! In past bull cycles, once DOGE broke the 0.50 Fibonacci retracement, it often rallied to the 1.618 or even 2.272 Fib levels. If history repeats, we could see DOGE hit somewhere between $4 and $23!

Image
Source: Ali Martinez/X

Dogecoin is trading for $0.1969 at time of writing, up 15% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney





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PONKE Price Skyrockets 19% On Binance Support, What’s Next?

Published

1 week ago

on

November 4, 2024

By


The Solana meme coin Ponke (PONKE) saw its price soar by 19% following Binance’s announcement of a USDⓈ-Margined PONKEUSDT Perpetual Contract. Set to launch on November 4, 2024, this contract offers users up to 75x leverage, signaling increased opportunities for traders and heightened optimism among PONKE supporters.

PONKE Price Rockets Amid Major Binance Support

According to Binance’s official announcement, the PONKEUSDT perpetual contract will go live on November 4 at 12:30 UTC, providing traders with 75x leverage and 24/7 trading. Key features include a tick size of 0.00001 and a capped funding rate of ±2.00%, with funding fees settled every four hours. Binance’s Multi-Assets Mode further allows users to utilize BTC as collateral, offering flexibility in margin trading. However, the exchange may adjust contract specifications, such as funding fees, leverage, and tick size, based on evolving market conditions, ensuring the asset aligns with market risk levels.

PONKE, built on Solana, benefits from the blockchain’s high-speed and low-cost transactions, catering to online traders and gaming enthusiasts. The coin’s community-driven design, distinct tokenomics, and accessibility through major exchanges contribute to its market appeal. Its #ponkyarmy community is particularly active, with governance roles and a dedicated social media presence that drive further engagement and growth.

Will The Rally Sustain?

Following the Binance listing news, PONKE’s price surged by 19%, currently trading at $0.49, with a 24-hour low of $0.43 and a high of $0.56. Its trading volume climbed to $77 million in the last 24 hours, indicating heightened interest. PONKE, with a market cap of $274 million, continues to capture the attention of meme coin enthusiasts. Besides, recent Coinglass data also highlights increased open interest for PONKE, signaling optimism for further gains.

PONKE Price Skyrockets 19% On Binance Support, What's Next?PONKE Price Skyrockets 19% On Binance Support, What's Next?

Launched in late 2023 with a total supply of 555 million tokens, PONKE has already achieved an all-time high of $0.70 four months ago. Its deflationary burn mechanism and community-driven features have positioned PONKE uniquely within the Solana ecosystem, drawing both meme coin fans and investors seeking growth in Solana-based assets.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Crypto Market Awaits FOMC; How Will US Fed Rate Cut Impact Bitcoin & Altcoins?

Published

1 week ago

on

November 3, 2024

By


The crypto market eagerly awaits the upcoming FOMC interest-rate decision by the US Federal Reserve this week. It is one of the highly anticipated events this week, which is expected to shape the sentiments in the digital assets space, potentially setting the path for Bitcoin and other altcoins. Although the market is anticipating a dovish stance by the central bank, any other move could trigger a selling pressure in the market.

Crypto Market Enters Crucial Week With FOMC In Focus

The crypto market enters a crucial week with a flurry of events scheduled that could shape the future of digital assets. Among these, the market participants are eagerly waiting for the upcoming FOMC for cues over the central bank’s stance on their monetary stimulus plans.

Notably, concerns mounted over the past few days over a potential pause in the US Fed’s rate cut plans, especially with the economic data weighing on traders’ sentiment. However, the latest US Job report appears to have shrugged off concerns, while cementing bets towards a 25 bps Fed rate cut next week.

The latest Job data showed weaker job creation in the US in October, with the unemployment rate remaining unchanged from September. This has fueled hopes of two more rate cuts this year, one being in next week and the other in December. According to the CME FedWatch Tool, there is about a 99% chance of a 0.25% point cut in November.

CME FedWatch Tool Crypto MarketCME FedWatch Tool Crypto Market
Source: CME FedWatch Tool

This has also sparked investors’ hopes towards a potential rally for Bitcoin price and other top altcoins. Usually, the lower interest rates raise the risk-bet appetite of investors, potentially benefiting digital assets, stocks, gold, and other risker assets.

Will Bitcoin And Altcoins Rally?

The crypto market participants are anticipating the upcoming FOMC to trigger a rally in Bitcoin and altcoin prices. Besides, the US Presidential Election, scheduled for November 5, will also play a key role in shaping the future of the broader financial markets, let alone the digital assets space.

Notably, the market is anticipating a potential upward momentum for crypto, irrespective of Donald Trump or Kamala Harris’s victory. Although the market anticipates Donald Trump’s win to provide more boost to the crypto market, a recent Bitcoin price analysis suggests that Kamala Harris’s victory could also propel a market rally.

On the other hand, historically, Bitcoin tends to showcase a positive performance in the fourth quarter of the year. Having said that, the market anticipates a similar performance in 2024, while many expect the other altcoins to follow suit.

However, many in the crypto community also warned over potential volatility in the market due to the upcoming US election. Considering that, the investors should exercise due diligence while putting their bets into the assets.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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