Thursday, June 19, 2025
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Elon Musk Deep Fake Stirs Dogecoin Alarm, DeFi Response

Elon Musk Warns of Deepfake Videos in Crypto Scam as Dogecoin Grows and New DeFi Platform RCO Finance Emerges

**Elon Musk Warns Against Deepfake Crypto Scam as Dogecoin Gains Attention**

In a recent development, Elon Musk has voiced concerns over deepfake videos of him circulating online, promoting a fraudulent cryptocurrency platform. This scam aims to leverage Musk’s well-known support for cryptocurrencies, including his impact on assets like Dogecoin (DOGE), to falsely boost a platform’s credibility.

Dogecoin, in particular, has seen significant growth attributed to Musk’s favorable tweets in 2021, dubbing it ‘the people’s crypto.’ Despite a recent 4.38% decline in its trading price, Dogecoin maintains a substantial market presence, with a $22 billion capitalization. Musk’s influence is believed to be a key factor in its success, which scammers are attempting to exploit with deepfake technology.

Amid these concerns, a new DeFi platform, RCO Finance (RCOF), is introduced as a promising alternative for investors seeking security and diversity in their portfolios. RCOF offers trading in various assets, including crypto, stocks, and bonds, alongside features like AI and machine learning for trade automation and strategy optimization.

RCO Finance aims to deliver substantial returns, promising up to 1000x gains through its presale tokens priced at $0.0127. The platform focuses on early-stage blockchain startups with high growth potential, offering investors opportunities for passive income and influence over project governance through token holdings.

Investment in RCO Finance comes with perks such as non-KYC crypto AI trading, the ability to purchase stocks with crypto, and the assurance of an audit by SolidProof. Early investors are positioned to benefit from the burgeoning DeFi space, with potential returns exceeding 3000% ROI.

For those interested, further information on RCO Finance’s presale and community involvement is available online, underlining the opportunity for early involvement in a promising DeFi initiative.

*Please note, this summary contains information from a sponsored press release and should not be considered financial advice.

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