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Experienced traders will switch gears from Ripple and Cardano to RCO Finance as the presale scales.
Cryptocurrency market gains slowed in October, with popular coins such as Ripple (XRP) and Cardano (ADA) registering little movement over the past week. As a result, savvy investors changed their strategy by adopting RCO Finance (RCOF), a new pre-sale token that has raised a whopping $3.67 million to date.
Why is RCO Finance growing rapidly while Ripple and Cardano are struggling? Let’s find out!
XRP rises 2% in one week: Will the bulls continue?
Ripple has not shown an underwhelming performance in the past seven days. This lackluster performance comes despite the current altcoin season. On October 11th, XRP was hovering around $0.5382. After several days of range trading, XRP gained momentum on October 15th.
This spike came after Ripple announced partners for its RLUSD stablecoin. The stablecoin is currently awaiting regulatory approval. This news caused Ripple to rise to $0.5617 on October 17th, before falling back. By October 18th, Ripple had stabilized around $0.5500.
This price means that XRP has increased by 2% in one week. Additionally, the recent news buzz seems to be fading fast, as 24-hour XRP trading volume has plummeted by 14%. If this trend continues, Ripple is likely to fall further, which explains why investors are shifting away from Ripple.
Cardano soars 1% in one week: Will the bulls move higher?
Despite the ongoing bull market, Cardano has had a weak performance over the past week. On October 11th, ADA was trading around $0.3368. Several positive developments have added bullish momentum to Cardano, including Binance MENA announcing its support for the 2024 Cardano Summit to be held in Dubai.
Additionally, the Cardano Foundation voted on “Cardano Ikigai” and deemed it constitutional. Following this news, ADA rose to $0.3687 on October 15th. However, ADA began to decline soon after. By October 18th, Cardano was flat at around $0.3433. This price means that Cardano has only increased by 1% in one week.
This lackluster performance explains why smart investors are shifting away from ADA. This shift was evident in the 24-hour ADA trading volume, which fell 2%.
RCOF: The next big investment opportunity
The weak weekly performance of Ripple and Cardano forced investors to shift to RCOF. Investors are paying close attention to RCOF because RCOF’s pre-sales have been growing rapidly and are expected to grow further. RCOF has also become a popular altcoin among crypto investors as its limited supply of 800 million tokens supports long-term growth.
It is worth noting that SolidProof, a reputable blockchain security company, has audited RCOF’s smart contracts. This audit verified that RCOF meets established industry safety standards. With investors focused on safety, it’s easy to see why RCOF has secured $3.67 million in funding to date.
By October 18, RCOF had nearly completed stage 1 of the presale. RCOF’s price at this stage is $0.0344, providing investors with a rare opportunity to take advantage of the RCOF presale. Investors who purchased RCOF at $0.0344 will enjoy significant profits when the token reaches its list price of $0.4-0.6.
Additionally, experts predict that RCOF will mimic Cardano’s 1,200% surge in 2021 by the end of 2024. This prediction explains why experienced traders are buying RCOF.
RCO Finance: Top-tier DeFi platform with over 120,000 assets
The bleak outlook for Ripple and Cardano has led investors to turn to RCO financing to modify their portfolios and boost their returns. RCO Finance is gaining popularity because it allows real world assets (RWA) such as real estate and commodities to be tokenized.
Through RWA tokenization and support for cryptocurrencies and decentralized derivatives, RCO Finance offers over 120,000 amazing tradable assets. Remarkably, RCO Finance complements this vast wealth offering with its core feature: an AI-powered robo-advisor.
This cutting-edge trading tool uses machine learning and advanced algorithms to track and analyze market data from over 120,000 supported assets. Based on the data they capture, robo-advisors provide personalized investment recommendations tailored to investors’ risk tolerance and financial goals.
These recommendations will help both knowledgeable and novice investors invest like a pro. Investors can easily find the best time to buy or sell assets. This allows investors to easily increase their profits while avoiding risk. These recommendations also allow investors to eliminate emotion-based investing from their plans.
To further improve the investment experience for investors, robo-advisors can automatically place trades. This feature allows robo-advisors to invest as soon as an opportunity that matches an investor’s preferences presents itself. Catching high-potential investments early means more returns for investors.
What you get more from RCO Finance
In addition to being a pioneering robo-advisor, RCO Finance is awe-inspiring among investors because its platform supports yield farming and lending. These features allow investors to earn passively and increase their net income. RCO Finance also provides dividends based on the RCOF held by investors.
These features explain why investors start their investment journey with RCO Finance.
To learn more about RCO Finance, visit the RCO Finance presale website and join the RCO Finance community.
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