RCO Finance which is an AI-based altcoin known by its digital asset RCOF receives a risky one million dollars investment from a wealthy Dogecoin (DOGE) tycoon. This maneuver reflects onto a transition of sentiment from trading based on memes to utilitarian platforms with potential for increased growth.
The one-time king of meme coins is Dogecoin, which has taken a terrible hit recently. It’s social media presence has drastically gone down, and Google search by 70% and their price has reduced by 28% within the first month.
Previous the symbol of the crypto market volatility, DOGE recent moves prove the problem of meme investing in a more sophisticated crypto world. On the other hand, RCO Finance is taking the global markets by storm after it declared how it would be leveraging the use of artificial intelligence in decentralized finance or DeFi.
Dogecoin Investor Shifts Focus to RCOF’s AI-Powered Robo Advisor
One of the primary assets of the Platform is a unique Robo Advisor which makes investment recommendations based on real time data provided by Bloomberg and Reuters. Since it helps to exclude subjective influences that many bear live traders, the RCOF decision enables users to make the right choice even in a turbulent market.
RCO Finance takes it a step higher by making sophisticated widgets available to every human. A novice investor, with the help of no-code automated trading, can join confidently. Also, users can invest in more valuable items such as real estate and commodities through the platform’s RWAs tokenization for those who only require a fraction of ownership from institutional investors.
At the same time, one should mention that during the RCOF presale stage, more than $10.5 million has been collected, which testifies to the success of the community. The token is at the moment being sold for $0.07 in stage 4 and may be launched at $0.60 which if achieved, is a cool 700% more than the first stage investors paid for it. The need to invest into the platform will be boosted by the fact that the platform is highly anticipated when it will be launched in its beta version.
Security is perceived to be one of the key reasons for joining RCOF. Combined with Fireblocks and operating with the help of smart contract audits by SolidProof, the platform guarantees investment security and its reliability.
That $1 million bet for the new young Dogecoin millionaire on RCO Finance is not an isolated case. According to multiple sources, several big-shot Dogecoin investors are currently moving billions of DOGE to RCOF as a testament to its growth potential. Having received praise from experts and analysts, and also an increase in popularity, RCO Finance is already stepping onto the field as a true rival in the crypto market.
As the trend of cryptocurrency markets develops, RCO Finance gives an example of changing from the sphere of generating the value of speculative assets to the investment-oriented platform of the utility perspective.