RCO Finance (RCOF), an upcoming Ethereum token, has secured over $4 million during its presale.
Cardano is Down 38% in 2024
Cardano has performed deplorably thus far in 2024, plunging by double digits. ADA started trading at around $0.5942 in the year. The ADA price started soaring after the SEC approved 11 spot Bitcoin (BTC) ETFs on January 10, triggering a bull run that saw the leading crypto by capitalization set a new ATH in March.
Mirroring Bitcoin’s price action, the ADA price set a yearly peak of $0.8070 on March 14. However, the excitement about the spot ETFs gradually waned, and Cardano plunged sharply. By October 23, Cardano (ADA) had stabilized at around $0.3674. This ADA price means the altcoin has plummeted 38% thus far in 2024.
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Notably, the ADA price has yet to gain momentum despite the much-anticipated Chang hard fork going live in September.
RCOF Captivates Audience with Presale Growth
RCOF has showcased an impressive performance trajectory despite being in its presale. As of October 23, RCOF had entered Stage 3 of its presale.
SolidProof, a top blockchain security firm that audited the token’s smart contract, can verify RCOF’s safety. Besides its safety, RCOF is gaining popularity because it offers benefits like voting rights.
RCOF Finance Gains Momentum as Users Embrace Its Robo Advisor
RCOF has also become an instant hit among Cardano investors because it is the governance token and base currency of the RCO Finance platform. RCO Finance is an up-and-coming DeFi platform that seeks to democratize access to next-gen trading tools that simplify the TradFi sector.
RCO Finance’s AI and blockchain-powered infrastructure impressively enables it to create new trading tools in minutes. As such, investors always have access to the latest features. However, the most prominent feature of the RCO Finance ecosystem is an AI-powered robo advisor, which offers investors custom investment advice.
Each investor has their own financial goals and preferences on risk. The robo advisor considers this when curating the best assets for them to invest in. The robo advisor also factors these preferences when suggesting the best time to enter or exit positions for minimal risk exposure.
To simplify investing further, investors can automate their accounts, giving the robo advisor the power to trade on their behalf. This automation enables investors to snag opportunities they would normally, as it is humanly impossible to monitor the 120,000+ crypto and tokenized real-world assets (RWAs) on RCO Finance in real time.
Join RCO Finance and Enjoy Various Features
RCO Finance also waves in the DeFi sector because it offers investors multiple trading streams. The platform offers RCOF HODLers dividends based on their holdings. Also, RCO Finance supports the staking of RCOF and other altcoins like Cardano, allowing investors to earn one of the highest APYs in the DeFi space. On top of this, investors can lend tokens to DeFi borrowers to earn interest.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
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