The altcoin market has been attempting to make an independent comeback as Bitcoin (BTC) shows more signs of slowing down. While most top altcoins have turned green in the weekly charts, the XRP price has failed to break its bearish trend.
As a result, investors are pouring into RCO Finance (RCOF), a new presale token. When is the XRP price likely to emerge from the red territory, and why are investors buzzing about RCO Finance ($RCOF)? Let’s find out!
XRP Has Plunged By Double Digits Thus Far In October
Since mid-September, the XRP price has experienced a sharp drop following the altcoin season. This decline started on October 1 after the XRP price mirrored Bitcoin (BTC) as it corrected downward from its September high of $66,480.
Also, on October 2, the SEC filed an appeal notice in its legal case against Ripple Labs and its executives.
This appeal stopped the progress of Bitwise’s proposed XRP ETF, imposing massive selling pressure on the XRP price. By October 10, the XRP price had stabilized at around $0.5280. This price means XRP has slumped 13% from the October 1 price of around $0.6115.
Moreover, experts expect the XRP to plunge further as uncertainty about the Ripple vs SEC legal battle mounts. This explains why XRP investors are rushing to RCO Finance (RCOF) to turn their luck around.
RCOF Maintains Green Trajectory During Presale: Huge Gains In Store
The weak performance of the XRP price has caused Ripple investors to shift their focus to RCOF. Investors are rushing to RCOF because it is a safe investment, as verified by the smart contract audit that leading blockchain security firm SolidProof conducted.
This audit confirmed that RCOF is vulnerability-free and adheres to industry standards. RCOF has also gained investor attention because it offers multiple perks within the RCO Finance ecosystem.
These include voting rights and access to tier-based dividends. Furthermore, the RCOF presale has made significant progress, attracting investor attention.
By October 10, RCOF had secured $3.05 million in funding. Notably, RCOF has achieved this milestone during Stage 2 of its presale.
During this stage, investors can purchase RCOF at $0.0344. When RCOF attains its launch price of $0.4-$0.6, Stage 2 investors stand to realize enormous ROIs.
Moreover, experts predict that RCOF will surge 1,600% by December 2024 before gaining more steam and replicating XRP’s 59,000% pump in 2017 by early 2025.
RCO Finance AI-Driven Robo Advisor Amasses A Wide Following
RCO Finance, an upcoming DeFi platform that aims to democratize access to professional investment management tools and strategies, has attracted hordes of Ripple investors as the XRP price continues bleeding. This budding platform boasts multiple cutting-edge features, making it an alluring investment hub.
The most notable feature of the RCO Finance ecosystem is its AI-powered robo advisor, which employs machine learning and algorithms to give free data-driven investment recommendations.
Specifically, the robo advisor tracks and gathers market data from the 120,000+ assets on RCO Finance and uses it to offer data-based investment tips.
Investors who incorporate these suggestions into their investment plans can make informed decisions. For instance, investors can tell when to enter or exit positions on assets that match their financial goals and risk tolerance.
This data-driven approach helps increase the rate of completing lucrative trades while minimizing risk exposure.
Furthermore, the robo advisor can help investors avoid the hassles of hands-on investing by trading on their behalf. This feature enables the robo advisor to adjust investors’ portfolios 24/7, preventing losses caused by sudden market shocks.
Join RCO Finance And Kickstart Your Investment Journey Like A Pro
Apart from its robo advisor, RCO Finance boasts other professional investment management tools to help investors boost their net returns.
For instance, this platform tokenizes real-world assets (RWAs) like real estate and commodities, enabling investors to diversify their portfolios for strength, especially now that the XRP price is tanking.
Also, RCO Finance offers yield farming, non-KYC debit cards, a pre-derivatives offering (Pre-DO), and automated market making (AMM). These features explain why you should join XRP investors in tapping the remarkable benefits of this top-of-the-line investment platform.
For more information about the RCO Finance Presale: