While Cardano (ADA) and Ripple (XRP) have been around for years, the tokens have not traded above $1.00 since 2022. Meanwhile, RCO Finance (RCOF), an emerging Ethereum token, has captured investor attention after securing $1.71 million thus far during its ongoing public pre-sale.
Does RCO Finance (RCOF) have what it takes to hit $1 before Cardano (ADA) and Ripple (XRP)? Let’s find out!
Cardano Sheds 4% in a Week: How Far Out is $1?
Cardano has showcased a dismal performance over the past seven days. On August 23, ADA was changing hands at around $0.3739. ADA gained traction after Bitcoin (BTC) soared above $64,000, triggering a marketwide bull run. Specifically, ADA traded as high as $0.4012 on August 24.
However, Cardano failed to maintain the uptrend and started correcting downward. By August 30, Cardano (ADA) had leveled off at around $0.3560. This price indicates a 4% weekly drop and an 88% plunge from ADA’s 2021 ATH of $3.10. With the 24-hour Cardano volume plummeting 29%, it is unlikely that ADA will hit $1 soon.
Ripple Slides 5% in a Week: Is $1 in Sight?
Ripple has performed abysmally over the past week. On August 23, XRP was hovering around $0.5961. Like Cardano, XRP surged alongside leading altcoins following Bitcoin’s surge past $64,000. Specifically, XRP traded at $0.6304 on August 24 before losing the bullish steam and pulling back.
As of August 30, Ripple had leveled off at around $0.5633. This price means Ripple (XRP) has slumped 5% in a week. Moreover, this price represents an 85% drop from XRP’s 2018 ATH of $3.84. With the 24-hour XRP trading volume plunging 39%, it is unlikely that Ripple will reclaim the $1 soon.
RCO Finance Emerges As a Top-Tier DeFi Platform!
The dwindling trading volumes in Cardano and Ripple indicate waning investor interest in the top 20 tokens. While Cardano and Ripple continue seeing outflows, RCO Finance, an upcoming DeFi platform, has witnessed an influx of investors due to its exceptional DeFi features.
The RCO Finance platform can effortlessly build new, bug-free trading tools in minutes by leveraging AI and blockchain technology. However, its flagship feature is its AI-powered robo advisor, which functions as an automated financial expert.
To be precise, the robo-advisor employs complex algorithms and machine learning to monitor multiple markets simultaneously. This level of automation varies significantly from traditional financial investors, who mainly depend on cognitive biases and emotions to offer trading tips.
Through its next-gen approach, the robo-advisor spots high-potential investment opportunities matches them with an investor’s risk profile and financial goals, and then suggests the right time to enter, double down, or exit these positions. This approach helps prime an investor’s portfolio for minimal risk and maximum profits.
Interestingly, RCO Finance pairs the robo advisor’s phenomenal capabilities with other noteworthy DeFi features to help investors boost profitability. For instance, RCO Finance provides up to 1,000x leverage, non-KYC debit cards, and 120,000 assets across 12,500+ crypto and TradFi classes.
RCOF Promises Enormous Pre-Sale Returns! Will It Hit $1 Soon?
RCO Finance’s Ethereum token, RCOF, is stealing the spotlight from established tokens like XRP and ADA because of its utility within an AI platform. Furthermore, RCOF has won over investors because it boasts a supply ceiling of 800 million tokens and a deflationary mechanism, which helps prevent inflation.
On a side note, SolidProof, a leading blockchain security firm based in Germany, audited RCOF’s smart contract. This step has helped increase investor confidence in RCOF because it verified that the codebase of this Ethereum token is secure and free of vulnerabilities.
By August, RCOF had hit $0.0344 after entering Stage 2 of its pre-sale. When RCOF attains its launch price of $0.4-$0.6, Stage 2 investors will enjoy a 1,644% ROI.
This ROI already exceeds XRP’s 1,200% meteoric surge in 2021. Moreover, analysts believe this Ethereum token can surpass ADA’s 1,840% spike in 2021 after launching on leading exchanges. This outstanding growth potential explains why this expert believes RCOF will hit $1 before XRP and ADA.
So, what’s holding you back? Join RCO Finance’s Ethereum token pre-sale now, sit back, and await massive returns soon!
For more information about the RCO Finance Presale:
Join The RCO Finance Community
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