Word on the street says an altcoin rally is coming for more than one reason. Bitcoin is slumping, and crypto investors are pumping their funds into other crypto projects. The Solana ETF is poised to become a major catalyzer for the sector, as the trading instrument is already in contention for launch.
Not far away from Solana (SOL) is a new DeFi token looking to break into the top crypto ranks. The project, RCO Finance (RCOF), is offering upgrades to user trading throughout the market, and the altcoin spike could aid its bullish trajectory.
Before anything else, let’s see how the rally could go.
Altcoins To Get Respite From Bearish Pressure
It’s a regular progression among crypto tokens to enter a bullish trajectory after a series of price corrections. The altcoins have seen slow price action in the crypto market since the first quarter and are letting loose in Q3.
One of the major driving forces is the market’s cyclical nature, especially concerning Bitcoin and Ethereum spikes. Both tokens usually significantly influence altcoins, and a surge in either would mean a general pump in the cryptoverse.
Ethereum is preparing for a huge leap, as the Ethereum ETF is scheduled to launch later this month. Analysts have tipped the inflows to hit $5 billion in the first few months–with Ethereum’s surge, you can expect the rest of the market to follow suit.
Solana ETFs: Another Talking Point for Profits
The Ethereum ETF is still under scrutiny from the US SEC, but crypto traders are eager to follow the ETF trend on every major altcoin in the cryptoverse. Solana is a consensus option for the next set of ETFs.
Institution traders have backed up their clamor for the Solana ETF with action, as 3iQ submitted its petition for SOL ETFs to the Toronto Stock Exchange last week. Merely days after, Van Eck and 21Shares followed the trend with S-1 filings to the SEC.
Now, the petitions have driven Solana to some 15% profit on the weekly charts, and other tokens in the SOL ecosystem are up, too. Furthermore, the Solana coin is also predicted to reach $300 before the year ends.
If the announcement of Solana ETF petitions could drive such bullish momentum, the actual launch of the Solana ETF would significantly impact the altcoin market. Most analysts see the Solana ETF becoming a reality in the next 12 months.
If 12 months seems like a long time, remember that RCO Finance’s presale is live already.
RCOF: Profits for All Seasons!
The DeFi space has consistently produced innovation for years, and RCO Finance is yet another pacesetter in the crypto evolution. The project’s features are rooted in cutting-edge technology and intensive research into trader challenges.
For cutting-edge tech, you’d get the Robo Advisor as a financial assistant to guide your trading strategies. RCOF’s Robo Advisor is an AI tool that leverages machine learning algorithms to generate personalized trading advice for its users.
So, instead of having generic tips on which asset is bearish or bullish, Robo Advisor provides more in-depth insight into the precise positions that are most profitable for each trader.
It also factors the user’s trading preferences, like risk tolerance and investment goals, ensuring you don’t stray too far from them. In that sense, the Robo Advisor is a tool to help you maximize your profits.
Other features, such as perpetual derivatives, liquidity provision and lending, unrestricted global access to DeFi, and the absence of KYC, are among the products of market research on RCO Finance.
The benefits will unlock as soon as the RCOF tokens launch. Until then, you can get your RCOF coins at discounted prices with amazing ROI.
Join the RCO Finance Presale Today!
While RCO Finance proposes a new approach to AI trading, the token also offers users a host of features to help them achieve financial stability quickly. The smart contract is clean and has been audited by SolidProof.
5% of the project’s token supply has been reserved for rewarding users for engagements and contests. This incentive will help grow an active community of RCOF investors that will attract even more investors.
Each RCOF token sells for $0.0127; you have 3000% to gain when they launch. That’s $30,000 returns on a $1,000 investment. As the token surges, which will follow increased platform usage, analysts think RCOF tokens could rally further post-launch.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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