Bitcoin (BTC) bears expect substantial price drops after the latest Mt. Gox repayments. Thus, numerous BTC traders have decided to move to a powerful Ethereum token. Let’s see why the RCO Finance (RCOF) Ethereum-based token could be the best crypto to buy during Bitcoin’s rapid price fluctuations.
RCO Finance is an exciting Ethereum-based DeFi platform that boasts a wide range of Artificial Intelligence-powered trading tools.
For example, RCO Finance users can detect the best investments in the overall market space by embracing the personalized trading strategies provided by the incredible AI Robo Advisor.
In addition, RCO Finance’s Robo Advisor brings advanced crypto market predictions through algorithmic analysis of real-time data.
On the other hand, RCO Finance stands out as one of the most convenient Ethereum-based DeFi platforms for investment diversification. The platform allows immediate crypto transfers in valuable RWAs, such as stocks, bonds, derivatives, and ETF products.
Therefore, this groundbreaking approach empowers Bitcoin and Ethereum holders to invest in Bitcoin and Ethereum ETFs without converting BTC and ETH into fiat. Additionally, RCO Finance offers outstanding security through its integrations with Fireblocks and SolidProof.
In addition, the platform’s native token, RCOF, provides many attractive benefits in the vibrant RCO Finance community. For example, adopters of this Ethereum-based token receive token price discounts and governance rights for future community decisions.
However, this amazing Ethereum token also provides enormous staking rewards and significantly reduced transaction fees. Hence, many Bitcoin traders have decided to extend their support for this Ethereum token at the ongoing presale.
According to data provided by Arkham Intelligence, the bankrupt crypto exchange Mt. Gox moved $130 million worth of BTC to Bitstamp on July 24. While Bitcoin’s price remained stable despite this massive BTC move, analysts expect significant drops in the upcoming weeks.
Mt. Gox has over $6 billion worth of BTC left to distribute to creditors affected by the exchange’s 2014 hack.
According to a recent Bitcoin price analysis by CryptoQuant, a dip beneath the $66,500 price mark could lead to further drops toward $63,600.
In addition, Bitcoin bears warn that BTC is set to experience corrections below the $60,000 level due to the highly increased selling pressure after the Mt. Gox repayments. Hence, many BTC investors have found relief in the powerful RCOF Ethereum token.
On the other hand, Ali Martinez spotted ‘signs of a double bottom pattern’ in Bitcoin’s latest price movements. Thus, the popular crypto analyst pointed out that BTC has the potential to reclaim the $67,600 price range, provided that it doesn’t break the $66,000 support level.
In addition, Bitcoin bulls are convinced that Donald Trump’s speech at the Bitcoin Conference on July 27 will positively impact the asset’s upcoming market performance.
RCOF has aroused the interest of many Bitcoin investors, as this powerful Ethereum token is set to provide life-changing rewards by the end of the presale. More precisely, Stage 1 RCOF adopters can expect over 3,000% gains after this Ethereum token reaches the projected listing price of $0.60, as RCOF is currently priced at just $0.0127. Hence, $100 invested in RCO Finance today could become $10,000 after the token’s official launch.
Furthermore, analysts believe that this fresh Ethereum token is poised to join the ranks of market leaders such as Bitcoin and Ethereum, as RCOF will be fully EU-regulated and accepted across global crypto exchanges. Thus, Bitcoin traders show extensive support for RCO Finance after the latest Mt. Gox repayments.
For more information about the RCO Finance Presale:
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