ADA Trader Lose Hope for New ATH in 2024, Many Turned to Rival RCO Finance (RCOF) for 8,000x Gains

The Cardano price has been experiencing downward pressure, leaving ADA traders disappointed as hopes for a new ATH in 2024 fizzle out. Market sentiment has also soured, sending many looking elsewhere for better opportunities. 

With ADA expected to continue underperforming, traders are now turning to RCO Finance (RCOF), which promises remarkable growth potential of up to 8,000x.

But could this rival crypto be the next big winner? Find the details below! 

Make The Best of AI and DeFi With RCO Finance (RCOF) 

RCO Finance (RCOF) is defying the broader bearish trend in the live crypto market by attracting significant inflows, a sign of growing confidence. Analysts expect this momentum to persist as more traders engage with the AI trading platform, drawn by its advanced features and potential for positive returns.

The centerpiece of RCO Finance is its AI Robo-Advisor, designed to execute trades precisely, especially during times of high market tension. 

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Well-architected algorithms and analyses using quality real-time data help reduce failures while producing better trading results. The tool also thoroughly analyzes the decentralized market using its abundance of trading data. 

The Robo-Advisor further distinguishes itself by enabling asset-class optimization across the platform’s over 12,500 asset classes. This personalized approach tailors strategies to match individual risk tolerances and objectives, empowering users to maximize each trade effectively.

Moreover, RCO Finance strongly emphasizes security and reliability. Through its partnership with SolidProof, the DeFi trading platform’s smart contracts are regularly audited, fostering a trustworthy environment where users can confidently engage in financial activities.

Cardano (ADA) Post-Unlock Slump Causes Holders To Lose Hope

Since the token was unlocked on October 7, Cardano (ADA) has dropped 7.18% after peaking at $0.3675. The increase in supply led to a 5.57% price volatility, according to CoinCodex. Traders are concerned about Cardano’s 75% correlation with Bitcoin, especially as the BTC-led market approaches a state of fear.

Despite having a smaller concentration of large holders than the top 20 cryptocurrencies, over 75% of ADA addresses are currently in the red. Additionally, most on-chain indicators are bearish, with weekly trading volume dropping from $370.46 million to $201 million.

With Cardano trading below its 50-day and 100-day SMA, analysts highlight a potential continuation of the security’s downward trend. As such, notable ADA traders are losing hope for the possibility of a new all-time high. Worse, Cardano’s price is 89% down from its all-time high.

RCO Finance (RCOF) Raises $3 Million Ahead Of 15X Rally

The RCO Finance (RCOF) presale is underway, offering a unique chance to acquire tokens at a discounted price of $0.0344. Backed by immense interest in the AI Robo-Advisor, RCOF has swiftly raised over $3 million in less than no time.

With more considerable leaps expected when RCOF finally launches, estimates place the token value between $0.4 and $0.6. 

This represents a potential 1,500% increase in value for early presale participants. RCOF offers a 50% bonus to incentivize participation when buyers use the code RCOF50.

With over 35% of the total token supply already allocated, the second stage of the presale is nearing its conclusion. Traders looking to capitalize on this exceptional opportunity should act quickly to secure their RCOF tokens before it mirrors Cardano’s impressive rally in 2021.

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

_{Disclaimer: This is a sponsored article, and its views do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.}