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Cardano (ADA) has morphed into a bullish plateau as D-day for the Chang hard fork approaches, showcasing more strength than Ripple (XRP) in the face of resistance. Meanwhile, a crypto expert posited that RCO Finance (RCOF) would outperform them amid its ongoing public presale, given its price projections.
Let's discover why the experts believe RCOF will do better than ADA and XRP.
Cardano will experience a remarkable upgrade after the much-anticipated Chang hard fork is implemented on August 27. As a decentralized and community-centric protocol, this upgrade will improve Cardano's efficiency and governance structure. Intersect's announcement highlights the necessity of the Chang hard fork in the protocol's progressing developments.
According to Intersect, the team behind the fork has been diligently working, conducting progress assessments, and collecting community feedback to ensure everything is well placed for its successful activation.
On August 22, the team will carry out a preliminary version of the fork to finalize tests and make necessary adjustments before it goes live. However, a final decision is expected from the committee by August 23.
For now, 80% of Stake Pool Operators (SPOs) and 28% instead of the anticipated 85% of exchanges have nodded in agreement with the fork. Notwithstanding, several aspects of the ecosystem are preparing for the upgrade, particularly leading on-chain decentralized applications (DApps). Due to the anticipation, ADA rose 9.31% to $0.3732 in one day, fixing to achieve higher levels in the subsequent days.
XRP started drawing the attention of crypto investors following its recent upside rally triggered by Ripple's victory against the SEC in the four-year-long lawsuit. The coin ran into resistance around the $0.60 region, a continuously tested range. As a result, the $0.60 price range is now considered a psychological level, with investors fixated on this point.
Current market indicators hint at a potential increase in XRP's price beyond this resistance point, driven by a surge in buying pressure. With the emergence of a golden cross on the XRP chart, the asset might experience a significant uptick soon. A golden cross pattern is marked by a crossover of the 200-day moving average by the 50-day moving average from below.
The Open Interest indicator and the short/long ratio appear bullish. Hence, XRP could reclaim $0.643, provided the 200-day moving average support zone endures. XRP is exchanging hands at $0.601, gaining 0.41%.
Integrating an AI-powered robo-advisor into RCO Finance presents the decentralized platform as innovative. This AI tool seeks to take DeFi to another level by offering financial services that appeal to individual users' needs.
For instance, the robo-advisor understands users' financial goals and preferences and develops strategies to actualize them.
Since every investor's objective is to be profitable, RCO Finance offers a wide range of digital assets, allowing investors to spread their portfolios and maximize profits. From cryptocurrencies to stocks, commodities, real-world assets, and FX assets, investors can access up to 120,000 digital assets entrenched inside 12,500 asset classes.
The exciting part of trading on RCO Finance is the lower fees and leverages as high as 1,000X.
From the assets listed on RCO Finance, the robo-advisor can spot opportunities investors can cash in on for gains. Its machine-learning algorithm allows it to self-drive so that it executes trades on behalf of investors. These processes are secure, given that SolidProof has audited RCO Finance's smart contract for potential vulnerabilities.
Users can borrow, lend, stake, and trade on RCO Finance without going through a KYC procedure. The platform also offers an automated market maker, which allows users to provide liquidity to trading pairs. Its DeFi debit card facilitates cross-border transactions so users can send and receive funds in and out of the platform.
RCO Finance has organized a presale of its native token, RCOF, so that early supporters can acquire the Ethereum token before it explodes. At its current price of $0.0343, investors can realize up to 1,000% gains or multiply their capital tenfold by the time RCOF becomes tradable on centralized exchanges like Binance.
The token is expected to list at $0.4, 10X higher than its current price, with a profit margin larger than XRP and ADA's. In the meantime, the token is in Stage 2 of its presale, gearing up for a 75% jump to Stage 3 at $0.0558.
Prospects may enjoy a 50% discount on their purchase using the code RCOF50. Depending on the size of their RCOF holding, they'll begin receiving quarterly dividends and tier-based rewards.
Moreover, holding RCOF will equip them with voting rights to participate in the ecosystem's governance.
These perks contribute to why ADA and XRP investors are attracted to RCOF. As savvy investors begin to accumulate RCOF ahead of its upcoming rally, so should you!
For more information about the RCO Finance Presale:
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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.
