Although the crypto market has broken free from last week’s bearish trend, the Cardano price has failed to gain momentum. As a result, ADA investors have started rotating funds to RCO Finance (RCOF), a new Ethereum token that has wowed the crypto-verse after raising over $3.38 million during its presale.
Will Cardano (ADA) continue floundering, and what do RCO Finance (RCOF) investors stand to get? Continue reading to find out!
Cardano Stagnates at Around $0.35: Are Bulls Coming?
Cardano has performed underwhelmingly over the past seven days. Notably, this unsatisfactory performance comes despite an ongoing altcoin season. On October 7, the Cardano price was hovering around $0.3572.
Replicating the price movement of Bitcoin (BTC), which slumped below $59,000 on October 10, the Cardano price plunged sharply before bottoming out at $0.3321 the same day. However, Bitcoin’s bulls flipped bears, and the leading crypto regained the $65,000 as of October 14.
Similarly, the Cardano price climbed and reclaimed the $0.3500 level. It is currently trading around $0.3590. This Cardano price means ADA has traded sideways over the past week, explaining why investors gravitate towards RCO Finance (RCOF).
RCOF Seeks To Jump Further During Its Presale
As the Cardano price continues flatlining, RCOF has emerged as a high-potential investment opportunity for ADA investors. RCOF has gained investor confidence because its presale has grown rapidly. By October 14, RCOF had secured upwards of $3.28 million, making it one of the fastest-growing ICOs in the crypto market.
As for the token, RCOF is currently in Stage 2 of its presale, and its price is $0.0344. This price is set to continue pumping as RCOF progresses with its presale. When RCOF reaches its listing price of $0.4-$0.6, Stage 2 investors will enjoy a noteworthy increase in the value of their holdings.
Also, experts predict that RCOF will surge 7,000% in the next three months, surpassing Cardano’s 1,600% spike in 2021. Experts are placing this bullish bet on RCOF because SolidProof, a well-known blockchain firm, audited its smart contract and found no faults. This speaks volumes about RCOF’s safety.
As ADA investors wait to see whether the Cardano price will increase, they actively embrace new, innovative investment platforms to boost their earnings. Interestingly, RCO Finance, an upcoming DeFi platform, has emerged as the go-to option due to its state-of-the-art AI and blockchain-powered infrastructure.
By merging AI and blockchain, RCO Finance offers investors many avant-garde features, which help simplify trading in the crypto and TradFi sectors.
The leading feature of the RCO Finance platform is an AI-powered robo advisor, which employs machine learning and algorithms to provide custom data-driven investment insights.
Investors can use these investment tips to make informed investment decisions. For instance, investors can easily pinpoint the best time to open, close, or double down on specific positions. This data-based strategy helps increase the rate of making profits while reducing risk.
Taking things a step further, the robo advisor’s AI-driven engine enables it to trade on behalf of investors. This automation means the robo advisor does all the heavy lifting, allowing investors to go about their daily activities. Notably, the robo advisor only completes trades that match an investor’s risk tolerance and financial goals.
A Chance To Passively
RCO Finance has also captured the attention of ADA investors because it supports yield farming. With the Cardano price showing no signs of jumping soon, the yield farming feature allows investors to stake their crypto holdings within RCO Finance and get staking rewards.
RCO Finance has also taken center stage in the DeFi Sector because its non-KYC approach lowers the entry barrier, allowing crypto enthusiasts worldwide to join its platform and access professional management tools. This explains why you should be included.
For more information about the RCO Finance Presale:
