The crypto market’s poor performance of the past week has seen top altcoins like Polygon (MATIC) and Ripple (XRP) plunge sharply.
Meanwhile, RCO Finance (RCOF), an emerging DeFi token, has stolen the limelight from these top 20 altcoins after securing $1.80 million during its pre-sale and eyeing further gains.
Why is RCO Finance (RCOF) eclipsing established cryptos like Polygon (MATIC) and Ripple (XRP)? Continue reading to discover!
Polygon Slumps 5% in a Week: What’s Coming Next?
Polygon’s price has dipped significantly over the past seven days. On September 1, MATIC was changing hands at around $0.4086.
After struggling to hold this level for days, MATIC experienced a sharp dive on September 4 after Fidelity sold 2,812 Bitcoin (BTC), triggering a bearish trend that affected most of the crypto market.
By September 8, Polygon (MATIC) had stabilized at around $0.3723. This price means MATIC has shed 8% in a week. Furthermore, the 24-hour Polygon trading volume is down 49%, showcasing a decline in investor interest. This dwindling interest might likely spur further losses.
XRP Tumbles 5% in a Week: Is a Bull Run Imminent?
Ripple has also performed dismally over the past week. On September 1, XRP was hovering around $0.5545. Despite withstanding the September 4 crypto rout, XRP eventually gave in to the bearish sentiment in the crypto market and plunged sharply on September 6.
As of September 8, Ripple (XRP) had leveled off at around $0.5290. This price means Ripple has slid by 4% over the past week. Additionally, the 24-hour Ripple trading volume has plummeted by 65%, indicating decreasing investor interest. Should this trend continue, the XRP price is likely to dip further.
RCOF Steals The Show As Stage 2 of Its Pre-Sale Quickly Sells Out!
With Polygon and XRP stuck in a bear market, RCO Finance (RCOF), an up-and-coming Ethereum token, has stolen the show after maintaining a bullish trend during its ongoing public pre-sale. RCOF is currently going for $0.0344 after kickstarting Stage 2 of its pre-sale.
When RCOF advances to Stage 3, its price will increase to $0.0558. Moreover, this price is set to continue rising until RCOF hits $0.4-$0.6, the projected listing range.
Moreover, experts expect RCOF to surge 10,000% and potentially mimic XRP’s 2017-2018 58,000% jump after launching on top exchanges.
Experts also pegged this bullish prediction on RCOF attracting investors due to its comparatively low supply cap of 800 million tokens and a deflationary tool to curb inflation. Additionally, RCOF offers HODLers tier-based dividends and voting rights, improving their overall investment experience.
In addition, SolidProof, a leading blockchain security firm, audited RCOF’s smart contract, increasing investor confidence and trust in the token. This explains why RCOF is eclipsing Polygon and XRP and why the token might hit $2 first.
RCO Finance Shakes Up The DeFi Space With Its Crypto AI Features!
Besides its native token, RCO Finance is outshining Polygon and XRP because of its AI and blockchain-powered network. Notably, Polygon and XRP lack AI features, which many investors now gravitate toward. The leading AI feature of the RCO Finance platform is its robo advisor.
It is worth noting that the RCO Finance robo advisor is the only completely AI-powered trading tool in the crypto market.
Specifically, the robo advisor uses the latest algorithms and machine learning to track multiple crypto and TradFi assets in real time before matching market conditions to an investor’s investment preferences.
This approach helps investors avoid making investment decisions based on cognitive biases and emotions of greed and fear. By leaning on the robo advisor’s data-based predictions, investors can know when to enter, exit, or double down on specific positions for minimal risk and maximum profits.
Additionally, the robo advisor can complete transactions on an investor’s behalf. This capability enables investors to sit back and await profits as the robo advisor works 24/7 to optimize their investment portfolios for peak profitability.
Interestingly, RCO Finance pairs the robo advisor’s one-of-a-kind capabilities with up to 1,000x leverage on some trades, enabling this revolutionary tool to capitalize on high-potential market opportunities.
Furthermore, RCO Finance supports over 120,000 assets across 12,500+ crypto and TradFi classes for seamless portfolio diversification.
These exceptional features explain why you should join the RCO Finance pre-sale now to streamline your investment journey!
For more information about the RCO Finance Presale:
Visit RCO Finance Presale – https://rcofinance.com/
Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/polygon-matic-and-ripple-xrp-losing-ground-rcof-targets-10000-surge-to-2/