The crypto market is gradually overcoming the bearish trend that started in October. Nevertheless, a popular Dogecoin trader is diversifying their portfolio by dumping Shiba Inu and purchasing the new altcoin RCO Finance.
Shiba Inu's Performance in October
Shiba Inu struggles to gain momentum as October begins with a downward trend. On October 1, the token was trading around $0.00001716, dropping to $0.00001553 by October 3. After a brief recovery to $0.00001878 on October 7, it then fell back to $0.00001616. This performance has reduced interest in SHIB, reflected in a 9% drop in trading volume.
RCO Finance Attracts Investors
As Shiba Inu grapples with bearish forces, RCO Finance is gaining traction. During its presale, the token has raised $3.06 million, offering investors attractive entry points. Expected to launch at $0.4-$0.6, this potential for significant gains makes RCOF appealing to investors, including seasoned Dogecoin traders.
RCO Finance's Technological Features
RCO Finance provides a range of investment tools using AI and blockchain technology. Key features include a robo advisor, which analyzes data from over 120,000 assets, including crypto and traditional finance. This enables investment tailoring based on personal preferences, reducing risk and enhancing financial management efficiency.
RCO Finance continues to capture trader interest, offering safe investment opportunities and diverse asset management tools. The platform's success further boosts confidence in its ongoing development.