As cryptocurrency market continue to experience uncertainties, there seems to be a ray of hope for big-name coins like Dogecoin (DOGE), Shiba Inu (SHIB), and now a newly unveiled gem, RCO Finance (RCOF).
For those interested in making quick short-term gains, meme coins like DOGE and SHIB do.
However, for investors looking for alternative crypto trading platforms to safeguard their crypto holdings and make long-term gains, RCO Finance (RCOF) could be the perfect choice.
Apart from the gain reflected in RCOF’s initial coin offering, the DeFi trading platform allows users to trade crypto for stocks and other real-world assets, giving room for diversification, something every crypto trader might want to embrace amid staggering markets.
Let’s review these possibilities and see how you can insulate your investments with these tokens amid adverse market challenges.
Dogecoin (DOGE) And Shiba Inu (SHIB) Good For Short-Term Gains Owing to Their Speculative Nature
DOGE and SHIB are meme coins whose popularity is driven by market sentiments, social media trends, and speculative trading.
While notorious for extreme volatility owing to their nature, these tokens can deliver substantial gains over a short period, and anyone seeking to earn gains in the short term may find them appealing.
Currently, DOGE trades at $0.1508 with a market cap of $21.75 billion. The last 24 hours seem favorable for the token, as its market cap and price have surged by 2.03% and 1.96%, respectively.
However, its trading volume is worrying. Despite a $1.09 billion trade volume, this represents a decline of 4.50%, signaling low trade activities.
Similarly, with its current price at $0.00002334 and a market capitalization of $13.76 billion, gaining 1.84% and 1.80%, respectively, in the past 24 hours, SHIB has recorded a 4.20% drop in its trade volume, which is currently at $381.78 million.
With a significant drop in their trade volumes, the market cap and price surges could be short-lived, further reverberating the volatility of these meme coins.
Hopeful investors could make gains in the short term if the price shoots, as renowned cryptocurrency analyst Ali Martinez believes about DOGE, but this is unpredictable.
This leaves us with more reliable tokens like RCOF, which promises substantial gains in the long term with reliable growth stability.
Investors Are Considering RCO Finance (RCOF) As The New Alternative For A Higher ROI
For investors seeking to insulate their investments from market downtrends and volatility of meme coins, RCOF could be the perfect alternative.
Within just days of launch, this DeFi trading platform has gained popularity, selling nearly 6 million tokens and raising an enormous $72860. Not just that, but the amount of gains it displays in presales one and two is worth noting.
In the stage one presale, an RCOF token costs $0.0127, and this price is set to reach $0.0343, indicating that those who participate in this initial coin offering could earn as much as 170% in profits.
As the token gains popularity, this rate could increase, and those looking for long-term gains will find this appealing.
Moreover, considering RCOF offers more advanced trading features, such as AI trading tools, investors can now leverage in-depth AI insights to make sound investment decisions and take advantage of market movements.
The earlier you tap into an investment opportunity, the higher your returns. Therefore, consider participating in RCOF’s initial coin offering to safeguard your crypto investment.
For more information about the RCO Finance Presale:
Join The RCO Finance Community