Ripple (XRP) has started slowing down as the crypto market continues rallying. As a result, whales have started migrating to tokens that have maintained an upward trajectory.
This explains why RCO Finance (RCOF), an emerging Ethereum token, has attracted hordes of investors despite being in its presale.
Why are Ripple (XRP) whales shifting gears to RCO Finance (RCOF)? Continue reading to discover!
Ripple has underperformed over the past seven days despite the crypto market rallying. On September 19, the XRP price was hovering around $0.5896. After experiencing a brief tumble, the XRP price picked up momentum on September 19 due to a Bitcoin-led bull run.
This bullish trend saw the XRP price climb as high as $0.6100 on September 21. However, the excitement died, and the XRP price began correcting downward. By September 24, Ripple (XRP) had stabilized at around $0.5830. This price means XRP has plunged 1% in a week.
Moreover, the 24-hour Ripple trading volume has tanked 10%. This decline indicates dwindling whale interest. As whales shift from Ripple, the XRP price will likely take another hit and plunge further.
With the XRP price slumping, whales are actively migrating to RCOF, a new Ethereum token. RCOF has attracted whales and small investors because its presale offers a low entry point and promises massive returns. Also, SolidProof, a top blockchain security firm, audited this RCOF’s smart contract, ensuring it is safe to invest in.
As of September 24, RCOF was in Stage 2 of its ongoing public presale. Investors can now purchase this Ethereum token at $0.0344 and await tremendous returns when it completes its presale at $0.4-$0.6.
As RCOF’s demand rises, experts believe this Ethereum token will surge 5,000%, eclipsing XRP’s 1,400% surge between Q4 2017 and Q1 2018. Experts expect RCOF to make this leap by late 2024. Moreover, experts believe this Ethereum token will surge astronomically when it launches on top DEXs and CEXs.
Like its native RCOF token, RCO Finance has also captured investor interest because of its mission to simplify investing in the crypto and TradFi sector.
As part of this mission, RCO Finance tokenizes real-world assets (RWAs), offering investors access to illiquid assets like real estate, precious metals, and art.
RCO Finance has also enthralled investors because of its flagship feature, an AI-powered robo advisor. The robo advisor taps advanced algorithms and machine learning to simultaneously monitor market trends and news related to the 120,000+ assets on the RCO Finance platform.
This revolutionary trading tool matches this data to an investor’s risk tolerance and financial goals before offering personalized investment recommendations. For instance, the robo advisor can give investors data-driven insights on when to buy, sell, or double down on specific assets for peak profitability and low risk.
It is worth noting that the robo advisor can automatically complete trades on an investor’s behalf. This functionality allows investors to sit back and let this game-changing trading tool adjust their portfolios in real time.
Besides its robo advisor, RCO Finance has attracted investors because its non-KYC sign-up approach lowers the entry barrier. This forward-looking approach also helps investors maintain their anonymity, a much-treasured feature in the cryptoverse.
RCO Finance has also won over investors because it issues debit cards to simplify spending on crypto. Additionally, it boasts a rewards and cashback program that incentivizes staking and trading.
These perks explain why RCO Finance is quickly gaining headway in the DeFi sector!
For more information about the RCO Finance Presale:
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Do Kwon has been sentenced to a 15-year prison term. The South Korean crypto entrepreneur,…
The United States Commodity Futures Trading Commission has made another major step to facilitate the…
JPMorgan has accelerated its tokenization bid for real-world assets (RWA) through the Solana (SOL) blockchain.…
Ethereum (ETH) price has gradually signaled bullish sentiment in the last few days. As the…
A wave of liquidations rippled through the crypto market over the past 24 hours, wiping…
A recent comment from Cardano founder Charles Hoskinson has revived long-running speculation that Ripple’s chief…
