The crypto market is currently battling a renewed bearish force. For instance, Cardano (ADA) has plunged by double digits despite Binance announcing support for its upcoming network upgrade. Meanwhile, RCO Finance (RCOF), a new DeFi token, is quickly gaining popularity due to its association with a crypto AI ecosystem.
Will Binance’s support for Cardano’s network upgrade trigger a resurgence, and what’s in store for RCO Finance investors? Continue reading to find out!
Cardano Slumps 10% in a Week: What’s Coming Next?
Cardano has performed abysmally over the past seven days. On August 23, ADA was changing hands at around $0.3858. ADA climbed alongside other top altcoins after Bitcoin (BTC) surged past $64,000, spurring frenzied buying among traders. This buying spree saw Cardano climb as high as $0.4007 on August 24.
However, the excitement faded, and Cardano started correcting downward. By August 30, Cardano (ADA) had stabilized at around $0.3482. This price means Cardano has plunged 10% in a week. Furthermore, Cardano’s 24-hour trading volume is up 28%, indicating increasing selling pressure.
Notably, the mounting selling pressure comes even after Binance pledged to support Cardano’s upcoming Chang hard fork on September 1.
RCO Finance’s Robo Advisor Grabs Headlines!
As Cardano grapples with a renewed bear market, investors are shifting to RCO Finance, an emerging DeFi project with crypto AI features. Specifically, investors are rushing to RCO Finance because its AI and blockchain-powered platform boasts a robo advisor.
The RCO Finance robo advisor stands out because it is the only 100% AI-powered trading tool in the crypto-verse. This means the robo advisor uses complex mathematical computations and machine learning to offer investors data-driven investment recommendations.
To delve deeper, the robo advisor can monitor the over 120,000 assets RCO Finance supports in real-time and advise investors on when to open, double down, or close positions for maximum profitability and minimal risk. This approach helps investors avoid investing based on emotions and cognitive biases.
Amazingly, investors can automate their trading stations, enabling the robo advisor to execute trades on their behalf. In doing so, investors save time and money to track market trends. Furthermore, this level of automation ensures investors take advantage of all opportunities that match their risk tolerance and financial goals.
A Top-Of-The-Line Crypto AI Platform!
Moving on from the robo advisor, RCO Finance’s crypto AI platform has sparked investor interest because of its rich DeFi offering. The most notable DeFi offering of the RCO Finance platform is its massive leverage. RCO Finance offers up to 1,000x leverage, offering investors adequate capital to seize market opportunities.
Furthermore, RCO Finance supports over 12,500+ crypto and TradFi assets. This wide-ranging offering exposes investors to RWAs like real estate, FX, shares, ETFs, and decentralized derivatives like swaps, futures, and swaps. As such, investors can easily diversify their portfolios for increased profitability.
As an added benefit, RCO Finance’s crypto AI platform offers non-KYC debit cards, enabling investors to effortlessly spend crypto within the DeFi ecosystem and in the real world.
RCOF’s Pre-Sale Emerges As A Lucrative Investment!
Besides its robust crypto AI platform, RCO Finance has taken the crypto market by storm because of its native token, RCOF. RCOF is an Ethereum-based token with a maximum supply of 800 million coins. Notably, RCOF has a deflationary mechanism, which burns tokens to keep inflation in check.
These features explain why RCOF has secured $1.74 million in funding thus far during its ongoing pre-sale. RCOF is currently in Stage 2 of its pre-sale, with each token costing $0.0344. This price offers investors a relatively low and appealing entry point.
RCOF’s listing price is set at $0.4-$0.6. Once RCOF attains this price, Stage 2 investors will realize a whopping 1,644% ROI. Notably, this ROI already eclipses Cardano’s meteoric rise of 1,450% in 2021. What’s more, analysts expect RCOF to pump further after launching on leading exchanges.
This bullish forecast explains why you should join RCO Finance’s crypto AI revolution now for a shot at enormous profits.