The crypto market has started a fresh bull run, with the weekly charts of top coins turning green. Multiple low-price altcoins race to $1, a Ripple (XRP) whale has made a bullish bet on RCO Finance (RCOF), an emerging Ethereum token that has secured over $2.01 million during its ongoing presale.
Why does this Ripple whale believe RCO Finance (RCOF) can soar to $1 soon? Let’s find out!
Ripple Surges 3% in a Week: More Gains On The Horizon?
Ripple has performed decently over the past seven days. On September 13, XRP was changing hands at around $0.5657. XRP shot up the same day after Bitcoin (BTC) soared past $60,000, triggering a fresh marketwide rally. This renewed bullish sentiment saw XRP climb as high as $0.5984 on September 15.
However, day traders started taking profits, forcing XRP to correct downward slightly. By September 20, Ripple (XRP) had stabilized at around $0.5852. This price means XRP has gained 3% in a week. However, the 24-hour Ripple trading volume has plunged 2%, indicating weakening investor interest.
This waning interest might see XRP erase recent gains and plunge soon as long-term holders anticipate Ripple Labs succeeding in its ongoing legal battle with the SEC. This explains why this Ripple whale has shifted attention to RCO Finance (RCOF).
RCOF Targets Higher Presale Price: $1 In Sight!
As XRP grapples to reclaim the $0.6000 level, RCOF has emerged as a worthy contender in the race to $1. RCOF is quickly gaining momentum because of its tokenomics model, which positions it for sustainable growth.
Specifically, RCOF has a maximum supply of 800 million tokens and a deflationary tool to control inflation.
Additionally, RCOF has caught investors’ attention because it is a safe token to invest in. SolidProof, a well-known blockchain security firm, audited its smart contract. This audit examined RCOF’s smart contract architecture, code logic, security vulnerabilities, and adherence to set industry standards.
By September 20, RCOF had initiated Stage 2 of its ongoing public presale. RCOF’s price during this stage is $0.0344. Investors that purchase RCOF at this price stand to get a massive ROI when the token concludes its presale at $0.4-$0.6.
Moreover, experts expect RCOF to surpass XRP’s 59,000% surge in 2017 once it gets listed on top DEXs and CEXs.
Interestingly, experts believe RCOF can achieve this feat by early 2025. This forecast explains why this Ripple whale foresees RCOF hitting $1 before XRP.
RCO Finance: A DeFi Platform That Supports Smart Investing with AI
RCOF is also making headway in the crypto market because its utility within the RCO Finance ecosystem guarantees the token’s long-term viability. RCO Finance is an upcoming DeFi AI and ML platform that seeks to revolutionize the investment experience by exposing traders to over 12,500 crypto and TradFi asset classes.
As part of this mission, RCO Finance also offers investors access to cutting-edge trading tools and features.
The top feature of the RCO Finance ecosystem is an AI-powered robo advisor, which gathers market data in real time and uses it to offer personalized investment recommendations.
These recommendations help investors make informed investment decisions. As such, investors can easily increase their chances of executing profitable long—or short-term trades. This data-based investment approach also significantly minimizes risk exposure, enabling investors to experiment with the 120,000+ assets on RCO Finance safely.
The robo advisor also eliminates intermediaries from the investment process. This helps cut transaction costs and time, which often discourage investing. Unlike traditional financial advisors, the robo advisor charges low fees. This provision helps bring professional investment management tools to the masses, boosting financial inclusion.
Besides its robo advisor, RCO Finance is also making waves in the crypto-verse because it supports non-KYC onboarding. This approach gives investors access to the rapidly growing DeFi ecosystem without forcing them to give up their anonymity.
These features explain why you should kickstart your investment journey with RCO Finance.
For more information about the RCO Finance Presale:
