DOGE whales make massive transactions, DOGE rival with 3000x potential might be the reason

Discover how Dogecoin whale transactions may signal a shift towards a DOGE rival with 3000x potential.

The market is shifting as Dogecoin whales are moving significant amounts of tokens. This activity has drawn attention to RCO Finance, a new altcoin that some experts believe could rival Dogecoin.

With predictions of a potential 3000x return, RCOF’s presale is attracting interest as traders seek new opportunities, potentially fueled by the actions of influential investors in the crypto space.

RCO Finance: New AI trading platform among DOGE whales

RCO Finance (RCOF) is a cutting-edge digital currency model that uses artificial intelligence to revolutionize trading operations. This innovation could explain the recent stir caused by Dogecoin whales as news spreads about this disruptive AI trading platform.

A key driver of this speculation is the growing popularity of its advanced AI robo-adviser, which elevates trading strategies through automated data analysis. This tool provides tailored advice that meets the needs of all kinds of traders and allows them to face the market challenges with little difficulty.

Moreover, RCO Finance offers the possibility of trading directly, indicating that there’s no need for a broker to help the user swap assets for fiat money. This approach makes trading more convenient, cost-effective, and time-efficient.

Emphasizing cost efficiency and security, RCO Finance prioritizes maintaining the integrity of asset-backed transactions. The DeFi trading platform’s smart contracts undergo regular audits by leading security firm Solid Proof, bolstering investor confidence and trust.

Privacy is paramount for RCO Finance. With a strict no-KYC policy, traders can conduct transactions anonymously without disclosing their identities. Many users view this level of discretion as a key advantage of the platform, highlighting the significance of confidential transactions.

Dogecoin whale moves $21 million in DOGE: Sell-off coming?

On October 22, 2024, the famous “whale” moved nearly $21,650,000 of Dogecoin from the Robinhood platform to an unidentified wallet. This movement has led some analysts to speculate that it could signal a drop in Dogecoin’s price or indicate the whale’s intention to sell at a higher price.

However, this technical analysis shows that Dogecoin (DOGE) is in a promising position after it moved above the price level of $0.138 during a price rise. Currently in a consolidation range, this may be bullish for investors and could signal a future price increase.

If DOGE can breach and sustain a price above $0.15, it has the potential to rise by 17%, stabilizing around $0.175. At the press time, Dogecoin was priced at around $0.144, 19% higher than its position a week ago. However, daily trading volume has decreased by 25%. The Long/Short Ratio is 0.89, indicating that more traders are taking short positions.

Are Dogecoin whales pumping up the RCOF presale?

The crypto community has been buzzing about Dogecoin’s massive transaction volume. However, even more intriguing is the current token presale for RCOF, which has already raised over $4 million.

As of October, the RCOF token value in stage 3 is relatively low at $0.0559. This presents an excellent opportunity for early adopters, as the token is projected to increase in value by 3,000x within 3 to 12 months after its launch.

In addition to the presale benefits, owning RCOF tokens grants users voting rights on project matters, trading discounts, and access to the game-changing robo-advisor. And that’s not all. Depending on the number of tokens traders hold, they will receive dividends ranging from 1% to 6%.

With such a promising opportunity on the horizon, join the RCOF presale now before it replicates Dogecoin’s remarkable rally in 2021.

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

This article first appeared at crypto.news