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Shiba Inu (SHIB) and Dogecoin (DOGE) whales have started to reconsider their portfolios as the hype around utility tokens in the crypto market rises while speculative assets lose ground.
An interesting emerging trend is whales increasingly buying into the token presale of RCO Finance (RCOF). This relatively new AI-powered crypto trading platform has caught attention with its innovative features, such as an AI-robo advisor, staking rewards, access to ETFs, and more.
Another reason for the whale movement to the RCO Finance token presale is experts’ prediction for a stunning 4,500% price pump in the next five months. We have covered more details on this new crypto trading platform here!
Shiba Inu’s Exchange Deposits Increases: Are Whales Offloading SHIB?
Shiba Inu is witnessing a wave of whale activity, with substantial tokens being moved to exchanges. Crypto market analyst Crypto De Nostradame recently highlighted that on October 7, 2024, 1.3 trillion SHIB tokens were sent to centralized exchanges, following 789 billion SHIB on October 6.
While 943.89 billion SHIB were withdrawn to external wallets, a net inflow of 358 billion tokens was recorded. This suggests an increased selling pressure on the token.
Now trading at $0.00001791, SHIB saw a price rally in late September, reaching $0.00002156, before dipping to a low of $0.00001586 in early October. SHIB has since recovered, rising by 3% over the past week.
However, experts warn that the growing exchange deposits could trigger further price declines, predicting a potential 4% drop to $0.00001721 by the end of October. Some experts have noted that whales are offloading SHIB holdings to buy into the RCO Finance presale in unprecedented numbers.
Dogecoin Outflows Dominate Inflows: What Are DOGE Whales Thinking?
Recent data from IntoTheBlock shows that outflows from Dogecoin wallets are significantly outpacing inflows. This implies that whales are moving large amounts of DOGE out of the ecosystem.
On October 7, 2024, outflows totaled 133.99 million DOGE, compared to 110.52 million DOGE in inflows, with outflows growing by 503% in just 24 hours. Experts suggest these whales shift their focus to the RCO Finance token presale, seeking better returns as meme coins like DOGE lose appeal to utility tokens.
Currently priced at $0.1114, Dogecoin surged past $0.1300 in late September before dipping to a low of $0.1015 during an early October market crash. However, DOGE has since rebounded, gaining 2% on the weekly chart.
Despite this, experts predict that DOGE could see a further decline. Due to increased whale outflows, they predict DOGE’s price can drop by 13% to $0.0968 by the end of October.
The RCO Finance Token Presale Eyes Over 4,500% Growth in Five Months
As Shiba Inu and Dogecoin whales seek new opportunities, many are flocking to the RCO Finance token presale, which promises over 4,500% growth in just five months.
Unlike meme coins, RCO Finance has a sophisticated AI and machine learning-based platform. It ensures traders have real, data-driven strategies at their fingertips.
With RCO Finance, you can access over 120,000 assets, including traditional stocks, cryptocurrencies, and tokenized real-world assets like real estate. This way, you can build a balanced portfolio.
To maximize gains, you do not need a financial advisor anymore. RCO Finance is here to take care of everything. It has an AI-powered robo advisor who personalizes strategies based on your financial goals and risk tolerance.
This personalized approach is a game-changer for traders who want hands-off, automated solutions that maximize returns.
With a smart contract audited by SolidProof, a trusted security firm, you can feel confident that your funds are secure.
RCOF is the Top Crypto Pick for the Best Returns by Q1 2025
RCO Finance is currently in Stage 2 of its RCOF token presale, priced at $0.0343, with an expected rise of over 1,600% when it hits its launch price of $0.6000. Since Stage 1, where the token was valued at $0.0127, the price has surged by 169%.
Over 68% of the available 80 million tokens have already been sold, raising more than $3.13 million.
With the potential for exponential returns, traders consider RCOF the top crypto pick for over 4,500% returns by Q1 2025.
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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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