The crypto market has maintained a bullish streak over the past week. As this rally intensifies, a Solana (SOL) analyst has spotted the same bullish signal that saw the altcoin surge tenfold in 2021.
However, this analyst believes RCO Finance (RCOF), an emerging Ethereum token, will likely generate more gains before the end of 2024.
Why does this analyst believe RCO Finance (RCOF) will outshine Solana (SOL) before the year ends? Let’s find out!
Solana has recorded noteworthy gains over the past week after double-digit jumping. On September 18, SOL was changing hands at around $131.37. SOL started pumping the next day after Bitcoin (BTC) surged past the crucial $63,800 resistance level, activating a fresh rally in the altcoin market.
Additionally, the September 21 news of Coinbase planning to bring cbBTC to Solana fueled the rally further. By September 25, Solana (SOL) had stabilized at around $152.20. This price means Solana (SOL) has recorded a 16% weekly jump.
Moreover, the 24-hour Solana trading volume has spiked by 28%. This metric indicates increasing investor interest in Solana, the same pattern that saw the altcoin jump 1,000% in 2021.
While Solana has showcased the potential to continue surging in the foreseeable future, this analyst is betting on RCOF, an upcoming DeFi altcoin.
This analyst is leaning toward RCOF because its presale promises humongous returns. Additionally, this analyst recommends investing in RCOF because of its utility within RCO Finance’s ecosystem.
As of September 25, investors could purchase RCOF at a low price of $0.0344. RCOF’s Stage 2 price is set to increase to $0.0558 when this altcoin initiates Stage 3.
More importantly, RCOF’s listing price is $0.4-$0.6. As such, Stage 2 investors will enjoy a massive ROI when this Ethereum altcoin launches on top exchanges.
Moreover, this analyst believes increasing demand will see RCOF surge 1,200% before the end of 2024, surpassing Solana’s 1,000% surge in 2021.
This forecast and the fact that SolidProof, a leader in the blockchain security space, audited RCOF’s smart contract and verified its safety makes this a top altcoin to invest in!
This analyst is also touting RCOF because RCO Finance is quickly gaining ground as a DeFi platform.
RCO Finance has caught investor attention because it uses AI and blockchain technology to tokenize real-world assets (RWAs), exposing crypto investors to real estate, commodities, precious metals, and art, to name a few.
RCO Finance has also captivated investors because of its trailblazing AI-powered robo advisor.
The RCO Finance robo advisor employs algorithms and machine learning to offer personalized data-based investment recommendations. This feature makes the robo advisor the only truly AI-powered trading tool in the crypto market.
By incorporating the robo advisor’s investment insights into their strategies, investors can pinpoint the best time to enter or exit positions.
This approach helps investors avoid emotional investing, which often incurs losses. As such, the robo advisor helps investors increase their chances of profitability while lowering risk exposure.
In yet another groundbreaking capability, the robo advisor can automatically trade on behalf of an investor. This functionality allows the robo-advisor to adjust an investor’s portfolio in real-time, creating a robust hedge against potential market crashes.
In addition to the robo advisor’s capabilities, RCO Finance is making waves in the DeFi sector because it supports over 120,000 assets across 12,500+ crypto and TradFi classes.
Furthermore, RCO Finance supports non-KYC onboarding, allowing global access to its professional investment management tools.
These features explain why you should join the RCO Finance ecosystem and level your investment game.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.