Grayscale recently filed for a Dogecoin ETF, making it the latest company to chart this forward-looking path. While none of these applications are yet to be approved, analysts believe the launch of a Dogecoin ETF could spur a crypto rally, pushing high-potential altcoins like RCO Finance (RCOF) to the moon.
Why do analysts believe a Dogecoin ETF could see RCO Finance (RCOF) skyrocket? Read on to find out!
Grayscale’s Filing Pushes Dogecoin ETF Closer
Grayscale, a leading crypto asset manager, filed to convert its Dogecoin Trust to a spot Dogecoin ETF with NYSE Arca on February 1. Prior to this, Bitwise filed an S-1 document with the SEC for a Dogecoin ETF on January 28. Before this, Rex Shares and Osprey Funds had filed multiple crypto ETF applications, including Dogecoin.
With Donald Trump’s administration favoring crypto, experts expect a spot Dogecoin ETF to get approval and launch soon. Also, experts believe a spot Dogecoin ETF could trigger a crypto rally that will see the altcoin market rally. Despite this bullish outlook, Dogecoin continues bleeding.
Over the past week starting January 31, Dogecoin has slumped 23%. Specifically, Dogecoin was trading around $0.3285 on January 31. After Bitcoin (BTC) crashed on February 3, Dogecoin followed suit. By February 7, Dogecoin (DOGE) had stabilized at around $0.2485.
RCO Finance: An AI and Blockchain-Powered Trading Hub
As the crypto market awaits the launch of a Dogecoin ETF, investors are adjusting their portfolios to hedge against losses emanating from the current bearish trend. To this end, investors are migrating to modern investment platforms with transformative tools. This explains why RCO Finance has quickly gained ground despite being relatively new.
Investors are embracing this upcoming DeFi platform because of its AI and blockchain-powered infrastructure. Through its avant-garde architecture, RCO Finance supports multiple cutting-edge tools. Also, RCO Finance can build the latest DeFi tools in minutes, giving platform users a competitive edge.
However, RCO Finance’s top feature is an AI-powered robo advisor. This tool has attracted investors because it uses machine learning and advanced algorithms to analyze and gather data from leading sources like Bloomberg and Reuters. The robo advisor uses this data to offer custom investment suggestions.
Notably, the robo advisor factors in your risk tolerance and financial objectives before formulating these investment recommendations. This means the robo advisor can suggest buying Dogecoin’s dip now and HODL while awaiting the anticipated Dogecoin ET-fueled bull run.
The robo advisor can also tell you when to sell your holdings for maximum profitability. In addition, the robo advisor can trade independently. This feature spares you the trouble of constantly monitoring asset prices. Moreover, this feature helps you avoid depending on emotions and guesswork while investing.
Apart from its robo advisor, RCO Finance has emerged as a top-of-the-line DeFi platform because it supports over 120,000 assets, making portfolio diversification a breeze. Amazingly, these assets span 12,500+ classes including crypto, FX, decentralized derivatives, and illiquid tokenized real-world assets (RWAs).
This burgeoning DeFi platform has also grabbed headlines after launching its beta platform while simultaneously running its public presale, a rare feat to achieve. On top of this, the RCO Finance core team promises to improve the beta platform while working on the alpha. Thus far, RCO Finance has attracted over 10,000 users.
RCOF: An AI Altcoin With Massive Growth Potential
With experts predicting that a Dogecoin ETF can spur a massive altcoin rally, investors are flocking to high-potential tokens. Astonishingly, RCOF has become a top pick among investors due to its safety, which can be verified by the smart contract audit conducted by SolidProof, a leader in blockchain security.
Investors are also embracing RCOF because it offers perks like quarterly dividends, discounts, complete access to RCO Finance’s features, and voting rights. This AI altcoin has also captivated investors with its growth, raising over $13 million in funding during its presale.
As of February 7, RCOF was available for purchase at $0.1 during Stage 5 of its presale. This AI altcoin is poised to jump sharply as it moves toward its listing price of $0.4-$0.6.
Moreover, experts foresee RCOF overshadowing Dogecoin’s 15,500% jump in 2021 by the end of Q1 2025. This bullish prediction explains why you should grab this rare opportunity and join this AI altcoin presale today!
For more information about the RCO Finance (RCOF) Presale:
Join The RCO Finance Community
Also Read: 🔥 Don’t Fear the Dip! Agent AI, SOL & OM Are Holding Strong for the Next 1000x Surge!
Disclaimer and Risk Warning
This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.
