Top altcoins like Solana (SOL) and Avalanche (AVAX) have performed exceptionally well over the past week, recording double-digit gains. As these tokens eye further gains, RCO Finance (RCOF), an emerging Ethereum token, has shocked the altcoin sector after securing $1.56 million thus far during its ongoing public pre-sale.
Will Solana (SOL) and Avalanche (AVAX) continue pumping, and why is RCO Finance (RCOF) taking the altcoin sector by storm? Let’s find out!
Solana Jumps 10% in a Week: More Growth Coming?
Solana has performed laudably over the past week. On August 19, SOL was changing hands at around $145.22. After days of sideways trading, SOL gained bullish momentum on August 22 after Solana announced that the Solana Radar Hackathon would commence on September 2.
Per the announcement, this hackathon has a prize pool of $600,000 and millions in pre-seed funding. This announcement increased investor interest in SOL, triggering a bull run that saw the token peak at $162.13 on August 24. By August 26, Solana (SOL) had stabilized at around $160.45.
This price means SOL has gained 10% in a week. Although the 24-hour SOL trading volume is down 24%, experts believe this is a consolidation phase before the hackathon starts and spurs more growth.
Avalanche Surges 29% in a Week: What’s in Store?
Avalanche has performed commendably over the past week. On August 19, AVAX was hovering around $21.27. After maintaining this level for a day, AVAX caught a bullish break on August 20. This spike came after Agora rolled out AUSD on Avalanche.
Additionally, Franklin Templeton expanded its OnChain U.S. Government Money Fund (FOBXX) to Avalanche on August 22. The resulting bullish trend saw AVAX trade as high as $27.84 on August 24. However, Avalanche (AVAX) started pulling back before stabilizing at around $27.43 as of August 26.
This price means AVAX has gained 29% in a week. Notably, the 24-hour AVAX trading volume is down 12%, indicating a holding pattern. As more investors buzz about the recent developments, AVAX is set to pump further.
RCO Finance Next-Gen Features Set To Transform The Altcoin Sector!
As the altcoin sector continues holding a green candle, investors increasingly gravitate to RCO Finance (RCOF), a new DeFi project. Investors are rushing to RCO Finance because its AI and blockchain-powered platform offers revolutionary trading features to help traders capitalize on market opportunities.
At the core of RCO Finance’s platform is an AI-powered robo advisor. The robo-advisor has enthralled traders because it uses advanced algorithms and machine learning to monitor market conditions and make investment recommendations based on an investor’s risk tolerance and financial objectives.
Through this approach, the robo advisor can pinpoint the best time for an investor to open or close positions across the 120,000+ assets the RCO Finance platform supports. This helps investors reduce risk exposure while maximizing profitability chances.
Furthermore, the robo advisor’s automation eliminates human intervention to reduce transactional costs and time. The RCO Finance robo advisor can also automatically execute trades on an investor’s behalf, ensuring they catch high-potential investments early for higher ROIs.
RCO Finance also makes waves across the altcoin sector because it offers up to 1,000x leverage on some trades. This massive leverage enables investors to capitalize on emerging opportunities. Interestingly, RCO Finance investors can skip KYC checks to access these features.
RCOF Set to Lead the Altcoin Sector Rally With Projected 1,644% Surge!
While Solana (SOL) and Avalanche (AVAX) remain top investments as the altcoin sector rallies, RCOF has emerged as a top contender. RCOF is stealing the show from these established altcoins because it has a deflationary mechanism and a limited supply of 800 million tokens.
In addition, SolidProof, a leading blockchain security firm, audited RCOF’s smart contract, helping increase investor confidence in the token.
As of August 26, RCOF had entered Stage 2 of its pre-sale at $0.0344. The next price is $0.0558 during Stage 3. When RCOF soars to $0.0558, Stage 2 investors will enjoy a 62% ROI, which is set to spike to 1,644% when RCOF attains its launch price of around $0.4-$0.6.
This bullish growth trajectory explains why you should join the RCO Finance pre-sale now. It is poised to outshine Solana (SOL) and Avalanche (AVAX).
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
Source: https://www.cryptonewsz.com/solana-sol-avalanche-avax-could-surge-if-this-happens-altcoin-sector-ready-to-follow/