Ripple (XRP) has fallen sharply due to the backlash in the virtual currency market. Meanwhile, RCO Finance (RCOF) is aiming for a higher price after launching the third phase of its pre-sale.
The recent retracement in the cryptocurrency market has sent Ripple (XRP) into red territory. As a result, even die-hard supporters of this top 10 cryptocurrency are turning to alternative investments.
Surprisingly, the token that stole the show from XRP is RCO Finance (RCOF), an upcoming Ethereum-based pre-sale altcoin.
Why is RCOF Finance XRP the current frontrunner? And can it beat this popular coin? Read on to find out.
XRP falls 1% in 1 week: Will the bulls overturn the bears soon?
XRP has shown poor performance over the past seven days since entering the red turf. Specifically, XRP has fallen by 1% over the past seven days and has stabilized from $0.54 on October 16th to around $0.53 as of October 23rd. Despite the bullish news that Ripple will reveal its partner for stablecoin RLUSD, XRP has bled.
This sub-par performance explains why Ripple investors are abandoning XRP or diversifying their portfolios to avoid further losses. Moreover, experts predict that XRP will continue to fall sharply in the short term due to waning investor interest.
In the long run, experts believe that XRP will skyrocket if Ripple Labs wins its long-standing legal battle with the SEC. It’s worth pointing out that Ripple has won several previous lawsuits against the SEC.
RCOF: The real XRP killer?
The subpar XRP price performance has investors questioning the token’s ability to generate huge profits. As a result, investors poured their hard-earned money into RCOF, which exceeded pre-sale expectations. Specifically, RCOF raised $4.12 million during the presale.
What is impressive is that RCOF has secured these funds despite being in the early stages of pre-sale. RCOF is currently in pre-sale stage 3, where investors can purchase this high-potential token for $0.0556. Investors who purchased RCOF at Stage 3 will reap huge profits when RCOF rises to $0.4 to $0.6 above its listing price.
Moreover, experts believe that RCOF’s safety will help attract more investors. It is worth mentioning that SolidProof, a popular blockchain security company, has audited RCOF’s smart contract and verified that it passed vulnerability tests and is a safe investment. To this end, experts expect RCOF to soar astronomically and surpass Ripple’s price.
RCO Finance’s crypto AI capabilities take DeFi by storm
RCOF also attributes its growth to its native platform, RCO Finance. RCO Finance has quickly become the favorite investment platform for many XRP investors as it supports over 12,500 asset classes. These include illiquid tokenized real-world assets (RWA) such as cryptocurrencies, decentralized derivatives, and commodities.
The RCO Finance platform supports over 120,000 assets, giving investors endless options to diversify their portfolios. This vast array of services makes RCO Finance a top-rated DeFi platform, but its most acclaimed feature is its 100% AI-powered robo-advisor that runs on machine learning and advanced algorithms.
Unlike traditional financial advisors, which rely on cognitive biases and emotions to generate investment advice, robo-advisors take a data-driven approach. Specifically, robo-advisors use AI-powered infrastructure to analyze market trends and identify assets with the highest profitability ratings.
It is worth noting that robo-advisors also consider investors’ preferences regarding risk and financial goals before recommending investments. Therefore, investors can enjoy both high returns and low risks. Amazingly, robo-advisors can complete trades on behalf of investors, facilitating fully automated investing.
RCO Finance boasts unique DeFi capabilities
RCO Finance attracts XRP investors because it offers a wide range of asset offerings and robo-advisors, as well as a non-KYC debit card. Owners of these cards can easily spend their crypto assets without worrying about disclosing their personal information.
Additionally, RCO Finance allows investors to borrow up to 1,000x depending on the amount of tokens staked. Therefore, investors can enhance their trading power and increase their net profits. This explains why you should move to RCO Finance to improve your profitability.
For more information on the RCO Finance presale, please see below.
Access RCO Finance Presale
Join the RCO Finance Community
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before acting on the information presented in this article.