Even Ethereum (ETH) fell into the ditches caused by Bitcoin’s bearish decline, as the pioneer crypto token still exerts significant influence on even the top altcoins. However, Ethereum has found a way back; its whales are strongly behind it.
And, of course, whatever is great for Ethereum is equally good news for its DeFi ecosystem. With the Ethereum price prediction looking up, investors in the ETH ecosystem are all over a new DeFi gem, RCO Finance (RCOF). Some say the RCO Finance project could eclipse the top trading platforms in no time.
What’s going on with Ethereum? And what could be bringing investors to the new Defi gem that is RCO Finance? Answers shortly.
The past week has been significantly bearish for Ethereum despite the approval of Ethereum ETFs the week before. The Ethereum price is trading at about 4% weekly losses, a reduced figure compared to its 8% losses last week.
Still, Ethereum is the least affected coin, as most of the top altcoins succumbed to double-figure losses from Bitcoin’s downward movement. While we can attribute that to the disappointing effect in the market triggered by the Ethereum ETF announcement, there’s been a surprise move from the ETH whales.
Popular trader Ali noticed that the ETH whales had bought 700,000 Ethereum tokens in the past three weeks.
Ethereum in the Short Run and Its Effect on New Defi Gem, RCOF
The whales’ activity and the expected ETF launch are preparing Ethereum for a price pump. The ETH token is pegged at about $3,500, although there’s talk of a spike back to $3,900 soon.
The new DeFi gem will launch on the Ethereum blockchain shortly, but the presale is drawing in quite the numbers. Although RCO Finance is primarily a trading platform, its features are designed for both trading and non-trading users.
An Ethereum spike will be good news for any Ethereum-based token. In the next few weeks, RCO Finance will become more appealing and expensive.
RCO Finance is launching and is fully armed with market research and cutting-edge technology, and investors all over the market are loving it already.
It’s premium offering is the Robo Advisor, a virtual financial assistant that leverages machine learning algorithms to ensure traders stay profitable. Regular AI-enhanced trading platforms generate generic tips that could be difficult to understand and sometimes uncomfortable to execute.
But with RCO Finance’s Robo Advisor, you’d get trading tips as though they were coming from your broker. The program studies your trading patterns and preferences and provides advice based on your peculiar styles.
For traders who would like to diversify their portfolios, RCO Finance offers you ample opportunity. There are over 120,000 trading assets, comprising shares, Forex, bonds, and even ETFs to trade with.
Interested in RCO Finance? You can join the pre-sale today.
RCOF tokens are currently selling for $0.0127 in presale Stage 1, but they will only be worth that for a little while longer. The Ethereum ETF launch could see them spike, too, so now’s the best time to get in.
Moreover, the presale is expected to generate about 3000% ROI. So why wait? RCOF is the future of trading, and investors are already buying into the Defi gem.
For more information about the RCO Finance Presale:
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