Avalanche and Cardano traders are migrating to RCO Finance

SPONSORED POST*

After over a week in the Fear region, the DeFi market has consolidated to a neutral position. A massive transition is going on as 55% of Avalanche and Cardano traders are shifting into RCO Finance. 

Analysts say this growing traction may be due to the platform’s AI utilities and advanced trading features.

However, investors are more interested in long-term viability. What does the RCOF token have that others don’t?

RCO Finance Seeks Freedom in the Market With AI-driven Solutions

The better part of September 2024 has revealed a monopoly in these supposedly decentralized markets, with whales owning as much as 70% of known tokens. In that light, RCO Finance (RCOF) has hit the headlines as an AI-powered trading platform that mightily return trading strength to the retailers in the market.

Usually, individual investors buy, sell, and trade crypto based on market trends, news, and personal financial goals. These means of investment render them prone to manipulation and emotional trading. 

Hence, RCO Finance introduced the first AI Robo-Advisor to decentralize the already monopolized market.

The AI Robo-Advisor refines trading strategies and helps investors make informed decisions to improve their portfolios by solely relying on market data, trends, and other market indicators. The best part is the system runs 24/7, executing strategies without constant monitoring. Supercharge your portfolio with AI precision—no middlemen, just results.

If this isn’t enough, the AI Robo-Advisor also provides not just the best positions available on the market but up to 1000x margin trading for traders with minimal capital yet are looking for huge returns. Boasting a KYC-free ecosystem with smart contracts audit stamp from the renowned SolidProof, analysts hail RCO Finance as a leading provider of robust trading capabilities.

Cardano (ADA) Fails To Make Top 10 Appearance

Cardano (ADA) has lost 5.56% in value in the past month, pulling the market capitalization back down to $12.65 billion. At the same time, this places Cardano roughly $500 million behind TRON’s #10 ranking by market capitalization. 

With a market dominance of 0.58%, Cardano (ADA) remains behind more than 56% of the top 100 cryptocurrencies.

According to IntoTheBlock, Cardano holders are abandoning their tokens, as 75% of the ADA token holders register in losses. The relentless selloff of ADA is connected to Cardano’s 0.81 price correlation with Bitcoin. 

On the technical side, Cardano (ADA) trades below the 200-day simple moving average, -89% from its all-time high.

Avalanche (AVAX) Uncertainty Concerns Analysts

Avalanche (AVAX) has been up 17.2% in the last four weeks compared to the broader market movements. The uptick has placed the rally in overbought territory, which may not last long unless the AVAX token finds its footing at $27.5. 

Recent risk analysis pegs the annual inflation rate at 14.64%, implying that 51.84 million coins have been created in the last year alone.

Having reached volatilities that only meme coins are known for, some 55% of Avalanche (AVAX) holders have started looking elsewhere. 

Predictions say the ongoing rally of Avalanche suggests no long-term benefit and could continue its long up-and-down trend since April 2024.

RCOF Presale Gains Market Interest

The RCO Finance ecosystem enables users to participate in an active community drive. As incentives, as much as 30% of the daily revenue obtained by RCO Finance will be distributed to early investors. 

50% of the distribution is given as rewards in RCOF, while the remaining 50% is used to buy and burn RCOF to give value to the deflationary model of RCOF.

Analysts expect further appreciation, and the token’s launch is estimated between $0.4 and $0.6. With RCOF expected to replicate AVAX’s 2021 rally, stage 2 of the presale is a major investment opportunity at its current price of $0.0344

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

*This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/09/23/avalanche-cardano-traders-are-migrating-rco-finance/