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Cryptocurrency News Articles
Forget PEPE and Toncoin, This Altcoin Will Complete a Solana Like Bull Run by Q1 2025
Nov 08, 2024 at 09:00 am
Despite Bitcoin (BTC) setting a new all-time high above $75,000, some top altcoins like PEPE and Toncoin (TON) are still in the red territory.
Fresh altcoins like RCO Finance (RCOF) are stealing the show in 2024, promising to outshine even top altcoins like PEPE and Toncoin (TON). Here's why investors are flocking to RCOF and how it plans to lead the next crypto bull run.
While Bitcoin (BTC) has set a new all-time high above $75,000, some top altcoins, such as PEPE and Toncoin (TON), have remained in the red. As a result, investors are turning to promising new tokens, such as RCO Finance, an upcoming presale altcoin that could rally like Solana (SOL).
Here's a closer look at how PEPE and Toncoin have performed recently and why RCO Finance (RCOF) is poised to lead the next crypto bull run, like Solana (SOL) did in 2021.
PEPE Slides 2% in a Week: Will Bulls Flip Bears?
PEPE has underperformed over the past seven days, largely experiencing a price decline. On October 30, PEPE was trading at around $0.00000956. Notably, PEPE reached this price after Bitcoin crossed $70,000 for the first time since June. Tracking BTC's price action, PEPE traded as high as $0.00001003 on October 30.
However, traders quickly cashed out their profits, and PEPE began a correction, hitting a weekly low of $0.00000777 on November 5. In a positive turn, Bitcoin (BTC) pumped, setting a new ATH at $75,011. As a result, PEPE partially recovered. By November 6, PEPE had stabilized at around $0.00000937.
This price indicates a 2% decrease for PEPE over the past seven days. Yet, the 24-hour PEPE trading volume surged by 78%, signaling increasing investor interest. To this end, analysts expect PEPE to fully recover and rally further if Bitcoin continues surging.
Toncoin Plunges 5% in a Week: Will Bulls Make a Comeback?
Toncoin has performed poorly over the past week. On October 30, TON was hovering around $5.06. The same day, TON began pulling back from the altcoin market rally, which was driven by Bitcoin's new record highs. Toncoin continued to plunge despite news on November 1 that Tether planned to launch a Dirham-pegged stablecoin on the TON blockchain.
As traders continued taking profits, Toncoin plunged as low as $4.55 on October 5. However, Bitcoin's surging to a new ATH saw TON partially recover. By November 6, Toncoin (TON) had stabilized at around $4.77. This price indicates a 5% decrease for Toncoin over the past seven days.
Despite this poor performance, Toncoin's 24-hour trading volume increased by 48%. This indicates growing investor interest, which will likely help Toncoin rebound and rally higher.
RCOF Poised To Skyrocket By Early 2025
With PEPE and Toncoin bleeding amid a broader market rally, investors are rushing to buy RCOF to boost profits and hedge against further losses. SolidProof, a renowned blockchain security firm, audited RCOF's smart contract and verified it was vulnerability-free, making it a secure investment.
Another reason for the buzz surrounding RCOF is the rapid progress of its presale. As of November 6, the RCOF presale had secured $4.64 million in funding, making it one of the fastest-selling ICOs of 2024.
Impressively, RCOF achieved this breakthrough during Stage 3 of its presale, where the token's price is $0.0558. Those who join the RCOF presale at this price are bound to realize substantial ROIs when RCOF climbs to its projected listing price of $0.4-$0.6.
Moreover, analysts foresee RCOF mimicking the 17,100% pump in Solana's price in 2021. Remarkably, analysts expect RCOF to match this Solana pump by Q1 2025. By making this leap, RCOF will have outshone the 2024 gains in PEPE, Toncoin, and Solana.
RCO Finance: A Feature-Rich AI and Blockchain-powered DeFi Platform
Investors in top altcoins like PEPE, Toncoin, and Solana are constantly seeking ways to enhance their profitability. This explains why they're flocking to RCO Finance to utilize its AI and
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