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Experienced traders shift gears from Ripple and Cardano to RCO Finance as the presale scales.
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The October crypto market rally has slowed, with popular coins like Ripple (XRP) and Cardano (ADA) recording little movement over the past week. As a result, savvy investors have changed strategies by embracing RCO Finance (RCOF), a new presale token that has raised a whopping $3.67 million thus far.
Why is RCO Finance pumping as Ripple and Cardano flounder? Let’s find out!
XRP gains 2% in a week: Will bulls press on?
Ripple has performed underwhelmingly over the past seven days. This lackluster performance comes despite the current altcoin season. On October 11, XRP was changing hands at around $0.5382. Following days of range-bound trading, XRP gained momentum on October 15.
This spike came after Ripple announced its partners for its RLUSD stablecoin. The stablecoin now awaits regulatory approval. This news saw Ripple jump as high as $0.5617 on October 17 before returning. By October 18, Ripple had stabilized at around $0.5500.
This price means XRP has surged 2% in a week. Moreover, the buzz about the recent news seems to be fading quickly, as the 24-hour XRP trading volume has plummeted 14%. If this trend continues, Ripple will likely plunge further, which explains why investors are shifting from Ripple.
Cardano surges 1% in a week: Will bulls pump further?
Despite the ongoing bull run, Cardano has showcased a weak performance over the past week. On October 11, ADA was changing hands at around $0.3368. Cardano gained bullish steam due to several positive developments, including Binance MENA announcing its support for the 2024 Cardano Summit in Dubai.
Also, the Cardano Foundation voted on ‘Cardanoの生きがい – Ikigai’, deeming it constitutional. This news saw ADA climb as high as $0.3687 on October 15. However, ADA started backtracking soon afterward. By October 18, Cardano had leveled off at around $0.3433. This price means Cardano has only jumped 1% in a week.
This unimpressive performance explains why savvy investors are shifting from ADA. This migration is evident in the 24-hour ADA trading volume, which has plunged 2%.
RCOF: The next big investment opportunity
The poor weekly performance of Ripple and Cardano has forced investors to shift gears to RCOF. Investors focus on RCOF because its presale has grown rapidly and promises to jump further. Also, RCOF has become a favorite altcoin among crypto investors because its limited supply of 800 million tokens supports its long-term growth.
It is worth noting that SolidProof, a respected blockchain security firm, audited RCOF’s smart contract. This audit verified that RCOF meets the set industry standards of safety. With investors keen on safety, it is evident why RCOF has secured $3.67 million in funding thus far.
By October 18, RCOF was almost winding up Stage 1 of its presale. RCOF’s price during this Stage is $0.0344, offering investors a rare opportunity to capitalize on the RCOF presale. Investors that buy RCOF at $0.0344 can enjoy jumbo returns when the token hits its listing price of $0.4-$0.6.
In addition, experts foresee RCOF mimicking Cardano’s 1,200% surge in 2021 before the end of 2024. This prediction explains why experienced traders are buying RCOF.
RCO Finance: A top-tier DeFi platform with over 120k assets
The bleak outlook on Ripple and Cardano has encouraged investors to embrace RCO Finance to modify their portfolios and boost earnings. RCO Finance has gained popularity because it can tokenize real-world assets (RWAs) like real estate and commodities.
Through RWA tokenization and supporting crypto and decentralized derivatives, RCO Finance offers a staggering 120,000+ tradeable assets. Amazingly, RCO Finance complements this vast asset offering with its leading feature, an AI-powered robo advisor.
This cutting-edge trading tool uses machine learning and advanced algorithms to track and analyze market data from the 120,000+ supported assets. Based on the obtained data, the robo advisor offers investors personalized investment recommendations that match their risk tolerance and financial goals.
These recommendations help both savvy and novice investors invest like professionals. Investors can easily spot the best time to buy or sell assets. To this end, investors can easily increase their profits while avoiding risk. These recommendations also enable investors to eliminate emotion-based investing from their plans.
To further improve investors’ investment experience, the robo advisor can trade automatically. This feature gives the robo-advisor the power to invest in opportunities matching an investor’s preferences as soon as they appear. Catching high-potential investments early means more profits for investors.
More to gain from RCO Finance
Besides its trailblazing robo advisor, RCO Finance has left investors in awe because its platform supports yield farming and lending. These features enable investors to earn passively, increasing their net earnings. Also, RCO Finance offers investors dividends based on the RCOF they hold.
These features explain why investors should kickstart their investment journey on RCO Finance.
To learn more about RCO Finance, visit the RCO Finance presale website and join the RCO Finance community.
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This article first appeared at crypto.news
