Ethereum’s recent volatility is causing serious concerns for investors after ETH dipped from around $4,000 to below $3,000. This comes after the network recorded 196,000 new registrations to its name, its greatest gain in new account creation in one period.
This will lead investors to seek more innovative ways of buying, storing, and trading crypto assets or converting them to traditional assets.
Massive Volatility Sparks Concerns for Ethereum ETF Users
After hitting a hopeful high of $4,000, Ethereum has dropped to $2,967.52 in unpredictable volatility.
Ethereum’s rally to $4,000 occurred after the coin witnessed about 200,000 new address creations. Never in the coin’s history has this number of addresses recorded in a single period.
Speculations continue to be high about Ethereum’s potential bullish nature. Experts typically benchmark the coin at $3,200, and its current drop below that will raise serious concerns for current investors and even cast doubts in the minds of future ones.
As a result, most will prefer to switch to more stable coins that offer higher security and are backed by or supported by more dependable and trustworthy technology.
At the moment, Ethereum is still one of the most sought-after cryptocurrencies in the world. It sits solidly behind Bitcoin by number of trading volume at $10,883,255,886.
New AI-powered DeFi Trading Platform Presents Promising Opportunities
As unpredictable and frequent volatility continues to hit conventional coins, most investors will seek an alternative that empowers and gives them full control over their investments.
An innovative solution gaining momentum is a decentralized trading platform that uses the power of Artificial intelligence (AI) to power trading and provide valuable insights.
Here are some of the benefits that this provides:
Seamless purchase and transfer of assets
This platform will revolutionize not only how traders buy assets but also how they transfer from one to another. Investors can diversify their portfolios and buy stocks with crypto without first needing to convert their coins to fiat currency.
AI-powered tool for a feature-rich experience
An AI-based trading platform for unmatched trading and investment management experience. You can study market trends in real time, be aware of investment opportunities, and leverage powerful insights from AI to make intelligent and critical decisions.
Access to DeFi Cards
You get to be one of the earliest adopters of DeFi Cards. These digital assets show that you maintain ownership in decentralized finance protocols and projects.
Conclusion
RCO Finance is fast becoming the world’s most powerful and trusted DeFi trading platform for investing in crypto and buying stocks. The platform is also currently in its first stage and has already garnered massive attention and interest.
In the first stage, it has amassed over $75,000, and more than 5% of it has already been sold. 1 RCOF is currently at $0.0127, and the price is set to increase for the next stage.
For more information about the RCO Finance Presale: