The Shiba Inu (SHIB) team has raised another alarm about scammers using the SHIB name for their purposes. Investors say the ever-present threat of scammers of all shades makes SHIB a hazardous investment.
However, they have found another alternative, Ethereum. This article answers these questions: What attracts investors to this other Ethereum project? How can interested investors join this protocol?
There Is Only One Shiba Inu, Says New Scam Alert
The Shiba Inu scam alert account on X has released another warning about scammers who take advantage of the SHIB brand to scam unsuspecting investors. These scammers add the SHIB name to their branding to gain credibility.
However, they never celebrate Shiba Inu’s achievements or promote the cryptocurrency. They then use their legitimacy from associating with SHIB to sell their tokens.
The alert warns community members to remain vigilant. The post also reminded the community of founder Ryoshi’s words: “SHIBA is SHIBA. That is all. Anybody who comes and honors the Shiba walks equally with me. Anybody who comes and attempts to leech from the Shiba is a scammer and placed into exile.”
Although it is difficult to quantify the exact effect of this scam on the SHIB price, the token has been affected by the current market slump, losing 31.6% over the past month. Analysts say SHIB can fall to $0.000014 if the slump continues.
However, if there is a rebound before 2024 ends, SHIB could rise to $0.000076. Importantly, worried investors shifting focus from Shiba Inu because of the numerous scam threats could temper this predicted pump.
RCO Finance Provides Viable Option For Scared Investors
RCO Finance (RCOF) is the Ethereum crypto on which many investors searching for an SHIB alternative have settled. There are various reasons for this choice, and we will explore them in detail.
The first reason is RCO Finance’s lucrative presale. Early investors can earn up to 3000% of their initial investment, making the presale attractive. RCO Finance has already raised $600,000 in a few weeks, showing that investors are taking advantage of the opportunity to boost their earnings.
Another reason that appeals to investors fleeing scam-threatened Shiba Inu is RCO Finance’s security and reliability. The protocol’s decentralized nature means it relies on smart contracts to execute transactions.
Traders can rest easy because RCO Finance’s smart contracts have been audited by a reputable third-party firm named SolidProof. The smart contracts have been certified to meet industry best practices and standards.
Furthermore, investors are also attracted by RCO Finance’s core offering, its decentralized trading platform. This platform allows users to trade crypto and real-world assets such as stocks, bonds, ETFs, commodities, real estate, etc. Importantly, users don’t need to go through brokers or convert their crypto to fiat when trading RWAs.
Additionally, RCO Finance’s AI robo advisor improves the trading experience. This advisor utilizes complex algorithms and machine learning techniques to analyze market trends and provide personalized suggestions to traders.
For example, the AI assistant can suggest that a trader buy the current BTC dip because it predicts a surge on the horizon based on previous market data. Insights like this increase profitability and reduce the effect of human bias and error on the trading process.
Purchase RCOF And Access Secure Trading Services And Other Benefits
RCOF, the protocol’s native token, is the key to accessing these fantastic features and presale profits. The token is currently sold for $0.0127 on the website. Investors who buy RCOF now will earn an epic 3000% profit when the token launches at $0.4.
Other perks of owning RCOF are governance rights and significant discounts on trading fees. You can also earn passive income by staking your RCOF tokens. Interests reach up to 88% APY. Another earning opportunity from owning RCOF is the lending program. Investors who lend their tokens will get a share of the interest borrowers pay.
Finally, RCOF holders are entitled to a share of the protocol’s revenues as dividends. Savvy investors who value security, passive income, significant games, and decentralized trading are already buying RCOF, and you can join them.
For more information about the RCO Finance Presale: