Bitcoin recently experienced a notable price decline, which was majorly tied to the large BTC sell-offs by the German government. However, a renowned crypto analyst has revealed that these sell-offs have little or no impact on Bitcoin’s price as they only affect the psychology of crypto investors.
Meanwhile, the revelation has fueled speculation about whether now is the ideal time to invest in altcoins like BONK, PEPE, and RCO Finance (RCOF).
Curious to find out more? Keep reading for answers!
RCO Finance Attracts Thousands In Inflows
RCO Finance (RCOF) has attracted thousands in capital inflows, especially with its innovative contributions to the DeFi industry. The project has successfully eliminated middlemen, including brokers, fund managers, and traditional finance investors, offering investors full control over their investments.
However, despite having this control, investors also enjoy total automation, given that RCO Finance has integrated a Robo Advisor designed to help them perfectly time and automatically execute their authorized trades, ensuring their portfolios are optimized and profitable.
Notably, the Robo Advisor is driven by advanced AI and machine learning (ML) technologies, which equally power RCO Finance’s user-friendly DeFi platform.
The project also prioritizes privacy and security by requiring no KYC processes and undergoing routine smart contract audits by SolidProof, one of the top security firms in the industry.
Bitcoin Falls Amid Bearish Psychology
Ki Young Ju, founder and CEO of CryptoQuant, recently made a shocking revelation on his X (formerly Twitter) account. He believes that the heavy Bitcoin sell-offs by the German government were negligible, considering Bitcoin’s overall liquidity.
Recall that these sell-offs, coupled with the impending payout of over $8 billion worth of Bitcoins to Mt.Gox’s creditors, have been tied to Bitcoin’s sharp price crash on July 5. Ju also believes that the Mt.Gox payouts wouldn’t affect Bitcoin’s price equally.
Instead, he ties Bitcoin’s recent and imminent price crash to bearish market psychology, particularly FUD and panic selling. While the broader market anticipates Bitcoin’s next price action, savvy investors are already migrating into altcoins like RCO Finance for potential loss recoveries.
Bonk Leads Market Rebound
BONK has led the ongoing rebound in the broader crypto market, surging 48% over the weekend. Over the past year, It has outpaced 98% of the top 100 cryptocurrencies with a staggering 7,658% upside. Yet, it seems poised to extend these gains this week.
Bonk DAO recently announced a proposal to burn 84 billion BONK tokens, which could spark scarcity and subsequent demand. Moreover, BONK’s market sentiment is bullish, with 72% of its technicals supporting this outlook.
Pepe Coin Geared To Surpass Record Peak
Similarly, PEPE’s market sentiment is bullish, and having completed its price correction after hitting its record peak in May, crypto experts predict that it could be gearing for another strong rally to surpass the high in the coming weeks.
Being 45% shy of the peak, this seems likely plausible. Besides, PEPE is trading in a strong support zone, from which it bounced to its ATH. It is also trading above the 200-day SMA, and its trading volume has surged from $671.94 million to $1.01 billion over the weekend.
Increase Your Stakes On RCO Finance’s Presale
The projected gains on BONK and PEPE are nothing compared to the profits that early investors of RCO Finance’s presale could gain. If you’ve been contemplating buying more RCOF tokens, there’s no better time than now. Stage 1 is nearing its conclusion, and Stage 2 is geared to increase exponentially by approximately 170%.
Notably, savvy investors are increasing their stakes in the presale because it allows them to influence key decisions within the RCO Finance ecosystem. This subsequently gives them automatic access to RCO Finance’s routine community meetings, given that the project has adopted an effective community-centric approach.
Additionally, they earn passively from the platform’s generated income through dividends as high as 6% when they hodl RCOF tokens worth $250,000.
Moreover, the broader market anticipates RCO Finance’s official token launch as it’s geared to witness a staggering 3000% surge, driving the tokens to $0.6 from their current price of $0.01275.
For more information about the RCO Finance (RCOF) Presale:
- Visit RCO Finance Presale
- Join The RCO Finance Community
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of CryptoTotem, nor is it intended to be used as legal, tax, investment, or financial advice. The author or the publication does not hold any responsibility, directly, or indirectly, for any damage or loss caused or alleged to be caused by or connected with the use of or reliance on any content, goods or services mentioned in this article. Readers should conduct their own research before taking any actions related to this company.