DeFi

Ripple (XRP) and Dogecoin (DOGE) liquidations surge, prompting investors to seek further gains

Published

7 months ago

9 July, 2024

Ripple (XRP) and Dogecoin (DOGE) liquidations surge, prompting investors to seek further gains

The cryptocurrency market has been very volatile lately, with major liquidations affecting various digital assets, including Ripple (XRP) and Dogecoin (DOGE). Due to this instability, investors are increasingly looking for lucrative projects with better long-term prospects.

This research led to the discovery of RCO Finance (RCOF)which is being hailed as the future of DeFi.

Let’s explore the main reasons why investors are attracted to this emerging project.

RCO Finance (RCOF): Revolutionizing DeFi with AI-Based Trading

Amidst the recent market volatility, DeFi platform RCO Finance (RCOF) has emerged as a game-changer in the crypto industry with its Robo Advisor product. This tool uses artificial intelligence (AI) to analyze large volumes of data and generate personalized trading recommendations for each investor.

With this pioneering approach, RCO Finance has gained popularity and attention among traders and investors around the world. With over 12,500 asset classes worldwide, RCO Finance allows investors to seamlessly cross-trade between assets and maximize their returns with leverages of up to 1:1000.

Analysts have welcomed the RCOF Token as a crypto service that puts investors first. RCO Finance (RCOF) would become the first platform to use cryptocurrency to purchase real-world assets. The best part is that users can now manage their assets on the RCO Finance (RCOF) platform.

Furthermore, RCO Finance (RCOF) is particularly concerned about the transparency and security of its operations. As such, all its transactions are recorded on an immutable register. To verify its reliability, RCO Finance is subject to frequent audits. smart contract audits by SolidProof, one of the best security companies in the industry.

Dogecoin (DOGE) Drop Triggers Investor Flight

Dogecoin (DOGE) is facing serious pressure on its performance and future prospects as a recent surge in liquidations has sent its price down to around $0.10. This wave of volatility has been fueled by market turbulence and massive selloffs by large Dogecoin holders, commonly referred to as “whales.”

It is worth noting that a whale transferred 400 million DOGE coins to the Binance exchange, which furthered the downtrend and caused the price to drop by 13% in a single day. The high concentration of Dogecoin holdings in the hands of a few large holders increases the risk of significant price volatility whenever these holders decide to sell their DOGE tokens.

Additionally, the general decline of the cryptocurrency market has not spared Dogecoin, which, despite its strong community, lacks substantial utility and adoption compared to other cryptocurrencies.

Investor Confidence Shaken by XRP Delay

As of July 5, 2024, Ripple’s XRP was trading around $0.47. Ripple’s own actions have largely contributed to XRP’s woes: the company has frequently sold large amounts of XRP tokens from its treasury, creating significant selling pressure and consistently negatively impacting the token’s price.

Additionally, investor confidence remains low, partly due to Ripple’s ongoing legal issues with the SEC and market uncertainties. Additionally, the market has seen a shift in interest toward other altcoins and even obscure meme coins, which have outperformed Ripple (XRP).

Without a light at the end of the tunnel of legal troubles and XRP’s bearish sentiments, XRP’s struggles are bound to continue. This has prompted whale investors to shy away from XRP, instead opting for alternative investment opportunities like RCO Finance in hopes of securing better returns.

RCO Finance pre-sale: a lucrative investment opportunity

The RCOF pre-sale is a highly anticipated investment opportunity in the AI revolution. In its first stage, tokens are selling at $0.0127 each, with the second stage to be launched at $0.0343, a significant amount 169% increase.

Industry experts predict an introductory price of $0.4 or $0.6, which could translate into a remarkable upside. 3,000% return on investment only during the pre-sale. This is also consistent with the fact that pre-sale investors get 30% of the total revenue generated by RCO Finance.

Moreover, the bullish sentiment of crypto whales strongly indicates the promising future of the RCOF platform and its potential for widespread adoption. Investors can take advantage of this early investment opportunity and join the whales on their journey towards potential 1000x gains with RCOF.

For more information on the RCO Finance pre-sale:

Visit the RCO Finance pre-sale

Join the RCO Financial Community

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.

Fuente

DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Published

6 months ago

29 July, 2024

CoinFlix Staff

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

No spam, no lies, only insights. You can unsubscribe at any time.

Fuente

DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Published

6 months ago

29 July, 2024

CoinFlix Staff

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

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