Fear Spread Across Crypto As PEPE and LDO Sank 30%, Traders Find One Salvation
The crypto market is in turmoil, as Pepe (PEPE) and Lido DAO (LDO) tokens experienced 30% drops, which has triggered widespread fear among investors. Amidst this chaos, traders are finding hope in a new blockchain, RCO Finance (RCOF), emerging as a potential savior with its AI-powered robo advisor. Let’s explore more.
PEPE Dropped Over 50% From its ATH: What’s Next?
After reaching its all-time high of $0.000017 in May, PEPE has dropped over 50%. It was trading around $0.000008 in early July, and it has decreased over 30% in the past week. Despite recovery attempts, PEPE has reached a monthly low.
Despite the decline, PEPE has seen an increase in wallet addresses. On July 2, Santiment, an on-chain analytics platform, reported that PEPE’s token holders grew from 236,486 at the beginning of June to 246,639 by the end of the month.
Technical indicators show a selling trend for PEPE, with the MACD, momentum, and moving averages suggesting seller dominance. However, there is potential for recovery if the EMA and SMA-200 find support at $0.0000091.
Lido DAO’s 30% Correction Sparks Fear
LDO experienced a 30% correction in the past week due to SEC allegations. It was trading around $1.50 in early July, decreasing over 35% in the past week. This has sparked fear among LDO holders.
Technical analysis shows aggressive selling, with a 12% intraday drop on July 5.
Yet, analysts remain neutral and suggest a potential recovery. They added LDO is likely to retest the $2 mark.
Technical analysis shows the immediate support level is $1.30, with key resistance at $2. The token is trading below significant moving averages, showing a bearish bias, and may face continued pressure from sellers.
Amid these, a new blockchain project–RCO Finance, has emerged as a savior. Investors are shifting towards it to recover from their losses with other coins.
RCO Finance Revolutionizes Crypto Investing
Looking at the current situation of the crypto market, investing in cryptocurrency can be intimidating for beginners. However, RCO Finance is revolutionizing the landscape, making it accessible and efficient.
RCO Finance is an advanced AI-powered decentralized trading platform that leverages AI and ML to offer a personalized investing experience.
Unlike traditional trading platforms, RCO Finance allows users to effortlessly convert their crypto into ETFs, derivatives, and other real-world assets, opening up a plethora of investment opportunities. RCO Finance also offers an innovative AI-powered robo advisor.
This AI tool analyzes users’ financial goals and risk tolerance to create tailored investment plans. For instance, if you are a conservative investor looking to minimize risk, the robo advisor might suggest a diversified portfolio with a mix of stable assets like bonds and ETFs.
Additionally, RCO Finance has had its smart contracts thoroughly audited by SolidProof, ensuring they are free from errors and vulnerabilities. RCO Finance also democratizes high-value investments by tokenizing multi-million-dollar ETF funds into affordable units, enabling everyday investors to participate.
Unlock 3000% Gains By Investing In RCOF NOW
RCO Finance’s decentralized nature eliminates intermediaries, giving users direct control over their investments. As a result, it reduces transaction costs and increases trading speed and transparency. By staking cryptocurrency on the platform, users can earn yields of up to 86% per annum.
Moreover, RCOF uses a deflationary model, with unsold tokens burned to increase value and maintain ecosystem health. RCO Finance is currently in its Stage 1 presale at $0.0127 per token, which is set to increase to $0.0343 in the next stage, providing a 169% gain.
It is expected to have up to 3000% ROI upon launch. So, investing $1,000 now could turn into $30,000 by the end of the pre sale. Don’t miss out on this opportunity—invest in RCOF now and secure your financial future.
For more information about the RCO Finance Presale:
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Angel Marinov is the Managing Editor at Coinlabz. With extensive knowledge of crypto payments and blockchain use cases, Angel is a trusted source of accurate and timely information
