The XRP price and Cardano (ADA) still need to be reclaimed at the $1 level despite being among the top 10 cryptos. As investors continue waiting for these altcoins to pump and set new peaks, RCO Finance (RCOF), a new Ethereum-based token, has showcased the potential to surge meteorically in three months.
Can XRP and Cardano (ADA) soar to $1 in the next bull run, and why is RCO poised to make moon shots? Read on to find out!
XRP Price Dumps 1% in a Week: Will the Bearish Trend Persist?
XRP has underperformed over the past seven days. On October 27, the XRP price was hovering around $0.5139. After climbing as high as $0.5302 on October 29 due to a Bitcoin-triggered altcoin rally, the XRP price began correcting downward. By November 3, the XRP price had stabilized at around $0.5058.
This XRP price means this altcoin has shed 1% of its value in a week. It is worth noting that the XRP price has yet to rise above $0.7180 this year. Additionally, experts believe the XRP price will continue trading below this price as uncertainty about the Ripple vs SEC case mounts.
Cardano Gains 2% in a Week: Is $1 in Sight?
Cardano has maintained a green chart over the past week. On October 27, ADA was changing hands at around $0.3326. Like other top altcoins, Cardano gained traction on October 29 after Bitcoin (BTC) soared past $70,000, rejuvenating hopes of an extended crypto rally. Specifically, ADA climbed as high as $0.3625 on November 2.
However, Cardano (ADA) pulled back before stabilizing at around $0.3406 as of November 3. Despite the correction, this price means Cardano has surged 2% in a week.
However, like the XRP price, ADA has failed to soar past the $0.7000 level in 2024 despite Cardano undergoing the Chang upgrade. To this end, experts predict that Cardano will continue trading below $1 in 2024.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
RCOF Emerges As 2024’s Top DeFi Coin
As the XRP price and Cardano struggle to reclaim $1, RCOF has witnessed an influx of investors due to its solid tokenomics structure, which positions it for long-term growth. Specifically, RCOF has a limited supply of 800 million tokens and a deflationary tool that helps combat inflation.
RCOF has also gained investor confidence because it is a safe investment. Notably, SolidProof, a top blockchain security firm, audited RCOF's smart contract. This audit verified that RCOF is a safe altcoin to invest in per established industry standards.
As of November 3, RCOF was in Stage 3 of its ongoing public presale. RCOF’s price during this stage is $0.0558. This price offers investors an appealing entry point into the RCOF presale. Stage 3 investors get huge presale ROIs when RCOF climbs to its listing price of $0.4-$0.6.
Furthermore, experts believe RCOF will surge 12,000x in three months, surpassing Cardano’s 1,600% surge in 2021.
RCO Finance Attracts Investors With Its AI Capabilities
The weak Cardano and XRP price action has seen investors join RCO Finance to increase their chances of profitability. RCO Finance has become a top investment platform for many investors because it supports over 120,000 crypto and TradFi assets, simplifying portfolio diversification.
It is worth noting that RCO Finance’s offering consists of illiquid tokenized real-world assets (RWAs) like commodities, top cryptos, and decentralized derivatives. This means investors can build solid portfolios to withstand random crypto market crashes.
While this robust offering sets RCO Finance apart from conventional DeFi platforms, its AI-powered robo advisor is its top feature. The robo advisor has piqued investors' interest because it uses machine learning and algorithms to generate tailored data-driven investment predictions.
Investors who integrate these predictions into their investment plans can tell when to enter, exit, or double down on specific positions. As such, investors can easily ramp up their chances of executing profitable trades while keeping risk exposure to a minimum.
The robo advisor can also trade automatically, modifying investors’ portfolios in real time. Notably, the robo advisor factors investors' preferences on risk and financial goals before adding or removing assets from their portfolios. As such, investors can go on about their day, knowing their investments are in safe hands.
RCO Finance’s DeFi Features Cause a Stir
Apart from its robo advisor, RCO Finance has wowed investors with its DeFi features. These include non-KYC debit cards, staking and lending features for passive earning, and a pre-derivatives offering (pre-DO). Also, RCO Finance lets investors borrow up to 1,000x based on their assets.
These features explain why you should embrace RCO Finance and step up your trading game while waiting for the XRP price to hit $1.
For more information about the RCO Finance Presale:
