2024-6-27 22:32 |
The Crypto AI sector might be the only sector protected from the bearish trend witnessed by altcoins in the past week. With Chainlink and Dogwifhat whales transferring up to 20 million tokens to other exchanges, their prices plummet further. However, the Crypto AI sector, headed by RCO Finance through its ongoing presale, thrives despite the bearish trend.
Could these smart money whales soon turn to RCO Finance for potential gains? Find the details below!
Unlock Smart Trading with RCO FinanceRCO Finance (RCOF), a decentralized trading platform in the AI sector of crypto, is gaining popularity for implementing fully automated AI and ML algorithms to make trading easier for users. It helps users bypass the need for intermediaries like brokers by providing them with personalized trading strategies tailored to their risk tolerance and financial goals.
RCO Finance (RCOF) considers the three major features crypto adherents look for in any platform: security, transparency, and accessibility. It does this by undergoing rigorous smart contract audits by leading security firms like SolidProof, eliminating bogus KYC processes, and creating a user-intuitive interface that allows users to navigate the platform without feeling overwhelmed.
In addition, RCO Finance (RCOF) acts as the bridge between digital and tradfi, offering over 12,500 different asset classes worldwide, including real-world assets like shares, stocks, bonds, and real estate. Traders can purchase these on the platform directly with cryptocurrency, completely eliminating the conversion to fiat.
Chainlink Faces Bearish PressureChainlink (LINK) and other altcoins have witnessed serious bearish pressure over the past week. The latest on-chain revelation suggests that there may be further downsides to LINK’s price in the coming weeks. The altcoin has lost over 10% of its value in the last seven days.
Crypto analysts have revealed that significant amounts of the Chainlink (LINK) tokens have made their way to centralized exchanges. They state that the observation is based on Santiment’s “Supply on Exchanges” metric, which tracks how much of a cryptocurrency is held on centralized exchanges.
Data from Santiment shows that over 18.77 million LINKs worth about $256.2 million were transferred to crypto exchanges, with 18.25 million sent to Binance. These fund movements have led to LINK’s price fluctuations and selling pressure, with a price decrease from $15 to $13 in the past week and a possible decline to $12 in the coming weeks.
WIF Drops 36% Amid Market Sell-OffDogwifhat (WIF), the Solana meme coin initially embraced for its viral appeal, has seen a sharp 36% drop to around $1.57 amid fresh bearish pressure in the crypto market. The chart demonstrates ongoing selling pressure with a trend of lower highs and lower lows.
Some crypto analysts report that a whale deposited 12.66 million Dogwifhat (WIF) tokens worth $23.4 million into Binance in two transactions. Deposits usually indicate intent to sell, so this is likely signaling a sell-off.
This significant move coincides with volatile market conditions and a broader bearish sentiment. Dogwifhat (WIF) has declined nearly 37% over the past week, with its value falling steadily since peaking at $4.07 on May 29, with a continuous six-day drop since June 17.
Early Holders Eye 3000% ROI With RCO Finance PresaleAs many altcoins continue to face price fluctuations and selling pressure, RCO Finance’s (RCOF) presale, on the flip side, continues in rapid momentum, with over 29 million of the presale tokens sold just in Stage 1 of its presale.
RCO Finance (RCOF) is making a name for itself and the crypto AI sector by offering its presale tokens at a floor price of $0.01275 per token. Early holders can still get an additional 30% discount on the entry price using the “RCOF30” discount code. The platform offers other tokenization benefits, such as up to 40% on trading fees and dividends from staking.
With the second presale stage just around the corner, Stage 1 holders could earn 169%. Their gains don’t end there, however, because according to experts, the official listing of the RCOF tokens could trade at an altcoin price of $0.4–$0.6, which could earn them up to 3000% in ROI.
For more information about the RCO Finance (RCOF) Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
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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