As the crypto market rebounds, Charles Hoskinson co-led Cardano (ADA) has jumped 14%, attracting massive investor attention. These gains come after Charles Hoskinson announced the launch date for the much-awaited Chang hard fork.
Meanwhile, RCO Finance (RCOF), an emerging Ethereum token, has stolen the show after securing over $1.51 million during its ongoing public pres-sale.
Why is RCO Finance (RCOF) eclipsing Cardano (ADA) despite Charles Hoskinson announcing the launch date for the Chang hard fork? Delve in to find out!
Cardano has performed commendably over the past week. On August 17, ADA was changing hands at around $0.3318. Following days of sideways trading, Cardano gained bullish momentum on August 21 after Charles Hoskinson announced that Cardano would roll out the first stage of the Chang hard fork on August 27.
This Charles Hoskinson announcement saw Cardano jump as high as $0.3910 on August 24 before stabilizing at around $0.3800. This price means Cardano has surged 14% in a week.
In addition, the Charles Hoskinson announcement has helped push the 24-hour Cardano trading volume up 41%, indicating a growing trading force.
With the upcoming Chang hard fork, Cardano is set to pump further, explaining why investors are flocking to ADA.
Although Cardano’s upcoming Chang hard fork has attracted massive attention to the project, investors are increasingly embracing RCO Finance (RCOF) because of its robust AI and blockchain-powered features. Through these next-gen features, the RCO Finance platform helps you enhance your investment strategy for peak profitability.
While RCO Finance has many revolutionary DeFi tools, its AI-powered robo advisor is at the centre stage. The robo-advisor uses advanced algorithms and machine learning to offer investment recommendations based on your risk tolerance and financial goals.
These personalized investment recommendations help you avert risk and maximize your chances of profitability, explaining why RCO Finance’s robo advisor is the ultimate trading tool.
Interestingly, the robo advisor can automatically monitor trends across the 12,500+ asset classes RCO Finance supports. In doing so, the robo advisor offers you actionable insights on when to open, close, or double down on specific crypto or TradFi sector assets. This approach reduces risk and ramps up profitability chances.
As an added benefit, the RCO Finance robo advisor’s incorporation of AI helps cut transaction time and costs. These benefits distinguish it from traditional financial advisors, which charge exorbitant fees and rely on emotions and cognitive biases to offer investment recommendations.
In addition to its robo advisor, RCO Finance provides free tax and financial legal advice, ensuring investors adhere to regulations while working on their investment portfolio. This explains why RCO Finance is stealing the show from Cardano (ADA) despite Charles Hoskinson announcing the much-awaited Chang hard fork.
Apart from its robo advisor and feature-rich platform, RCO Finance has gripped the crypto space’s attention because of its native token, dubbed RCOF. RCOF has triggered investor attention because it has a limited supply of 800 million tokens and a deflationary mechanism for preventing inflation.
It is worth noting that SolidProof, a Germany-based blockchain security firm, audited RCOF’s smart contract. This step ensured RCOF’s smart contract was secure and met industry standards, helping increase raise investor confidence.
By August 24, RCOF was trading hands at around $0.0344 after starting Stage 2 of its pre-sale. When RCO enters Stage 3 at $0.0558, Stage 2 investors will enjoy a 62% ROI. This ROI is set to jump by up to 1,644% when RCOF surges to its launch price of between $0.4 and $0.6.
By surging 1,644%, RCOF will have surpassed Cardano’s 164% 2023 rally, explaining why joining the RCO Finance Ethereum pre-sale is a wise bet!
For more information about the RCO Finance Presale:
Join The RCO Finance Community
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