Top altcoins like Ripple (XRP) and Cardano (ADA) have performed decently over the past week as the crypto market stages a new rally.
However, investors targeting higher returns are shifting to RCO Finance (RCOF), an emerging Ethereum token presale that has showcased solid growth thus far.
Why is RCO Finance outrunning Ripple (XRP) and Cardano (ADA)? Continue reading to discover!
XRP has raked in noteworthy gains over the past week. On September 6, XRP was hovering around $0.5436. After days of range-bound trading, XRP shot up on September 12. This spike came after Grayscale launched an XRP trust for eligible accredited investors.
The resulting uptrend saw XRP trade as high as $0.5809 the same day. However, Ripple (XRP) pulled back before stabilizing at around $0.5695 as of September 13.
This price means XRP has gained 4% in a week. Also, the 24-hour XRP trading volume is up 9%, indicating increasing hype about the Grayscale XRP Trust.
Cardano has performed modestly over the past seven days. On September 13, ADA was changing hands at around $0.3254. After holding this level for two days, ADA began pumping on September 8 after Santiment pointed out that ADA had witnessed a notable spike in trading activity, which might spur a massive rally.
As a result, speculative traders rushed to Cardano, pushing the ADA price as high as $0.3603 on September 12. By September 13, Cardano (ADA) had stabilized at around $0.3523. This price means ADA has surged 8% in a week. However, the 34% decline in the 24-hour ADA trading volume signals declining interest, which might trigger losses.
Despite XRP and ADA holding green candlesticks, investors actively diversify their portfolios to hedge against potential crashes. Interestingly, RCO Finance (RCOF), a new Ethereum token presale, has emerged as the go-to option because SolidProof, a leading blockchain security firm, audited its smart contract, making it a safe investment.
Investors also consider RCOF an alluring investment because its token presale promises massive profits. As of September 13, RCOF was in Stage 2 of its presale, and investors could buy the token at $0.0344.
This price is set to increase to $0.4-$0.6 when RCOF concludes its presale, rewarding early investors with substantial returns.
Experts predict that RCOF will surge further after launching on reputable exchanges. Specifically, experts believe RCOF might copy ADA’s 2,700% surge between Q4 2020 to Q4 2021. What’s more, experts predict that might rake in these gains by early 2025.
Apart from its growth potential, this Ethereum token presale has wowed investors because it is the native token of RCO Finance’s crypto AI ecosystem.
RCO Finance is an upcoming DeFi project that aims to offer crypto traders the best investment experience. As such, the project uses two distinct approaches.
First, RCO Finance provides access to over 12,500 crypto and TradFi asset classes. The second approach involves using AI and blockchain technology to offer unique trading tools.
The kernel of the RCO Finance platform is an AI-powered robo advisor. This robo advisor stands out because it runs on machine learning and algorithms, making it the only completely AI-powered trading tool in the crypto market.
Also, the robo advisor distinguishes itself from traditional investors because it offers investment advice using a data-driven approach rather than cognitive biases and emotions.
This data-based approach enables RCO Finance investors to pick the best times to enter, exit, or double down on positions for peak profitability. Additionally, this investment strategy helps reduce risk exposure when working with highly volatile assets.
Apart from its robo advisor, RCO Finance has also made a statement with its non-KYC registration process, which helps bring professional investment management tools to more investors without compromising their anonymity.
So, what are you waiting for? Join the RCO Finance revolution now and start your investment journey on a profitable note!
For more information about the RCO Finance Presale:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.