The crypto market is battling a renewed bearish trend that started in October. As a result, top altcoins like PEPE have recorded notable losses, forcing whales to seek alternative investments with better prospects.
This explains why RCO Finance (RCOF), an emerging Ethereum altcoin, is quickly gaining popularity.
Why are PEPE whales rushing to buy RCO Finance (RCOF)? Continue reading to find out!
PEPE Has Shed 13% In Thus Far in October
October has been a bearish month for PEPE and the broader altcoin market. On October 1, PEPE was hovering around $0.00001049 before it plunged sharply. This tumble came after Bitcoin (BTC) slumped from its September peak of $66,480 and revisited the $60,000 range, triggering an altcoin market retracement.
In PEPE’s case, the altcoin traded as low as $0.00000841 on October 3 before correcting upward after Bitcoin recovered partially. By October 9, PEPE had stabilized at around $0.00000912. This price means PEPE has plunged 13% since the start of the month.
Furthermore, the 24-hour PEPE trading volume has dropped by 18%, indicating declining investor interest. Coupled with PEPE’s lack of utility, this metric explains why PEPE whales migrate to RCO Finance (RCOF).
RCOF Presale Set To Generate Massive Returns
As PEPE continues trading in the red territory, investors gravitate toward RCOF to boost their profits and hedge against losses. RCOF has gained investor attention because it boasts a capped supply of 800 million tokens and a deflationary tool to help combat inflation in the long term.
Additionally, this presale altcoin is safe to invest in. RCOF’s safety can be verified by the smart contract that SolidProof, a famed blockchain security firm, conducted. This audit examined RCOF for security vulnerabilities and adherence to set industry standards, and the altcoin ticked all boxes.
RCOF has also won over investors because of its presale’s growth potential. As of October 9, RCOF was in Stage 2 of its presale, and each token was going for $0.0344. This price is set to continue rising until RCOF launches at $0.4-$0.6, rewarding early investors with huge returns.
Experts expect RCOF to pump 4,555% by Q4 2024, surpassing PEPE’s 1,225% surge in 2024. This forecast explains why this presale altcoin has quickly stolen the spotlight from PEPE.
RCO Finance Alluring RWA Tokenization Capabilities Make Waves
RCOF has also attracted PEPE investors because it is the native token of the robust RCO Finance ecosystem. Specifically, this altcoin is the base currency and governance token of the RCO Finance platform, which uses AI and blockchain technology to help investors boost their investment strategies.
RCO Finance supports tokenizing real-world assets (RWAs) by tapping AI and blockchain technology. As such, investors get easy access to assets like real estate and commodities. These contribute to RCO Finance’s vast offering of over 120,000 assets, which offers investors unlimited portfolio diversification options.
While this massive asset offering is appealing, RCO Finance has amassed a huge following because of its AI-powered robo advisor.
The robo advisor has taken center stage because it employs machine learning and algorithms to track and gather market data from the assets on RCO Finance before offering investors custom investment tips.
These recommendations help investors decide which assets to buy or sell for maximum profits and minimal risk exposure. The robo advisor can pinpoint the best time to enter or exit positions. As such, investors can effectively eliminate emotions and guesswork from their investment strategies.
The robo advisor also eliminates intermediaries from all transactions. This helps reduce costs, which eat into investor profits.
Step Up Your Investment Game By RCO Finance Now
The robo advisor aside, RCO Finance has also taken center stage in the DeFi sector because it supports non-KYC registration.
This approach lowers the entry barrier, allowing worldwide access to RCO Finance’s professional management tools. The non-KYC approach also helps investors maintain anonymity, a much-valued trait.
These perks explain why you should join PEPE investors in purchasing RCO Finance’s presale altcoin to boost your returns and improve your investment experience.
For more information about the RCO Finance Presale:
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