The bearish trend in the crypto market has seen the XRP price chart a death cross, meaning the decline will likely continue. As a result, investors are migrating to tokens with better prospects. This explains why RCO Finance (RCOF), an upcoming DeFi token, has exhibited rapid growth, raising over $9.91 during its ongoing presale.
Why are XRP investors gravitating toward RCO FInance (RCOF)? Read on to discover!
XRP Price Plunges 7% In A Week: Will Bears Persist?
XRP has underperformed over the past seven days. On December 16, the XRP price was hovering around $2.38. The XRP price jumped sharply after mimicking Bitcoin (BTC) as it climbed to its new ATH of $108,268. As a result, the XRP price set a weekly peak of $2.72.
However, traders started taking profits, and the XRP price quickly pulled back. By December 23, the XRP price had leveled off at around $2.18. This price means XRP has shed 7% of its value in a week.
Moreover, the XRP price has formed a death cross, signaling growing selling pressure, which will likely exacerbate the current bearish trend. This explains why XRP investors are diversifying their portfolios with RCO Finance (RCOF).
RCO Finance: A Next-Gen Investment Hub
The sharp decline in the XRP price has forced Ripple investors to adjust their portfolios to prevent further losses. As a result, investors are flocking to RCO Finance, an upcoming DeFi platform that supports over 120,000 assets across classes like crypto, decentralized derivatives, and tokenized real-world assets (RWAs).
This unique offering positions RCO Finance as a top-tier investment platform. However, the main attraction of the RCO Finance ecosystem is its AI-powered robo advisor. Unlike traditional financial advisors, this robo advisor runs on machine learning and advanced algorithms, making it the only truly AI-driven tool in the crypto market.
Through its AI-based architecture, the robo advisor analyzes the market and gleans actionable data. The robo advisor then uses this data to formulate custom investment recommendations based on your risk profile and financial goals. These recommendations help you spot the best time to buy or sell assets.
This data-based investment approach helps boost your profits while reducing risk exposure. As such, you no longer have to rely on emotions and cognitive biases while investing. Astonishingly, the robo advisor can trade on your behalf, saving you the time and effort needed for hands-on investing.
RCO Finance has also emerged as a state-of-the-art investment platform because of its non-KYC policy. Specifically, RCO Finance allows you to join its platform without submitting KYC information. This approach lowers the entry barrier and lets you maintain anonymity.
RCOF’s Growth Potential Wows XRP Investors
As the XRP price strives to overcome the current bearish trend, investors are rushing to join RCOF’s presale. This DeFi altcoin presale has proven a high-potential investment because it has raised over $9.93 million in funding thus far.
By December 23, RCOF was in Stage 4 of its ongoing presale. RCOF’s price during this stage is $0.0778. Once the Bonus Round starts, RCOF’s price will increase to $0.2142. Amazingly, RCOF is set to jump further as it approaches its listing price of $0.4-$0.6.
Furthermore, analysts foresee RCOF surging 12,000x by Q1 2025. In so doing, RCOF will have outshined XRP’s 1,800% climb in Q4 2017. Analysts peg this prediction on RCOF attracting more investors because it is a safe investment, according to the smart contract audit conducted by SolidProof, a prominent blockchain security firm.
This explains why you should join the RCOF presale now and kickstart your investment journey like a pro.
For more information about the RCO Finance Presale:
