The crypto market has turned bearish after rallying for the better part of September. As a result, top coins like Ripple (XRP) have underperformed, leaving whales searching for alternative investments that promise better returns.
Meanwhile, RCO Finance (RCOF), a new Ethereum altcoin, has stolen the limelight after jumping sharply during its presale. Why is Ripple (XRP) slumping as RCO Finance (RCOF) continues pumping? Read on to find out!
Ripple Stagnates: What’s Its Next Move?
Ripple has performed poorly over the past week as the crypto market continues retracing recent gains. On September 25, XRPP was trading around $0.5889.
XRP traded around this range for days before mirroring Bitcoin’s rally on September 28. Specifically, Bitcoin (BTC) jumped as high as $66,225.
On the other hand, XRP’s bull run saw it trade as high as $0.6618 on September 18. However, Bitcoin retraced its growth, and XRP followed suit. By October 2, Ripple (XRP) had stabilized at around $0.5848. This price means XRP has shed a meager 0.7% in a week, essentially trading sideways.
Notably, XRP’s 24-hour trading volume has surged 96%. This metric indicates a surge in investor activity, which might see XRP experience a rebound despite the lingering bearish trend. As XRP grapples with turning green, a Ripple whale has shifted to RCO Finance (RCOF), a new Ethereum altcoin that has taken the crypto market by storm.
RCOF: 2024’s Rising Star
The renewed bearish trend in the crypto market has seen investors start diversifying their portfolios with fresh tokens.
This explains why RCOF, an up-and-coming Ethereum altcoin, has performed exceptionally well during its presale. This budding altcoin has secured over $2.38 million during its presale.
Investors can now purchase RCOF at $0.0344 during Stage 2 of its presale. By buying RCOF at $0.0344, investors stand to get massive ROIs when the altcoin completes its presale at a projected price of $0.4-$0.6. Moreover, experts believe RCOF’s price will skyrocket once listed on leading exchanges.
Specifically, experts predict that RCOF will surge 6,000x by early 2025, eclipsing XRP’s 1,400% climb between Q4 2017 and Q1 2018. This explains why this Ripple whale has embraced this altcoin.
While this impressive growth potential has captured investor attention, RCOF partially attributes its success to its safety. It is worth noting that SolidProof, a top-rated blockchain security firm, audited RCOF’s smart contract, confirming that it does not have vulnerabilities and meets industry standards.
RCO Finance: A Top Choice For Trading Tokenized RWAs
RCOF has also made a statement in the crypto market because it is the utility token of the RCO Finance platform. RCO Finance is an upcoming DeFi platform that seeks to democratize access to professional investment management tools. To this end, the platform incorporates AI and blockchain technology.
RCO Finance supports a host of next-gen trading features through its AI and blockchain-powered architecture. The most notable feature of the RCO Finance platform is an AI-powered robo advisor, which runs on machine learning and advanced algorithms. This cutting-edge offers investors free data-based investment tips.
The robo advisor monitors market metrics, including price performance, technical indicators, and news.
With this data, the robo advisor offers investors advice on buying the best assets for maximum profitability and minimum risk. The robo advisor can also trade on investors’ behalf, freeing them from hands-on investing.
Moreover, the robo advisor differs from traditional financial advisors because they eliminate intermediaries. As such, RCO Finance charges lower fees, helping investors increase their net returns over time.
In addition to its innovative robo advisor, RCO Finance has caught investors’ attention because it supports tokenizing real-world assets (RWAs).
This capability enables the platform to offer investors access to assets like real estate and commodities previously only available to traditional investors.
For more information about the RCO Finance Presale:
