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Cryptocurrency News Articles

Holding Cardano (ADA) and This Emerging AI Altcoin (RCOF) Is Like Buying Solana (SOL) Below $8 Says Top Analyst, but Why

Dec 24, 2024 at 06:30 am

The crypto market has turned red, with top altcoins like Cardano (ADA) bleeding significantly. However, an analyst believes purchasing ADA and RCO Finance (RCOF)

Holding Cardano (ADA) and This Emerging AI Altcoin (RCOF) Is Like Buying Solana (SOL) Below $8 Says Top Analyst, but Why

(CaptainAltcoin) An renowned crypto analyst has likened purchasing Cardano (ADA) and RCO Finance (RCOF) during this downturn to buying Solana (SOL) at $8. Here's why these two assets are generating attention.

The crypto market has experienced a downturn, with top altcoins like Cardano (ADA) suffering significant losses. However, an analyst believes that purchasing ADA and RCO Finance (RCOF), an upcoming Ethereum DeFi token, is akin to purchasing Solana at $8.

Why does this analyst believe Cardano and RCO Finance (RCOF) can generate massive returns soon? Let's find out!

Cardano Loses 23% In A Week: Is A Recovery In Order?

Cardano has performed unimpressively over the past seven days. On December 13, ADA was changing hands at around $1.09. Following days of sideways trading, Cardano plummeted on December 19 after Bitcoin (BTC) plunged below $100,000, triggering a pullback in top altcoins including Solana (SOL).

As a result of the ensuing selling pressure, Cardano (ADA) traded as low as $0.83 on December 20. This price means Cardano has shed 23% in a week.

While this lackluster performance discourages investing, an analyst believes that buying this dip is akin to buying Solana at $8. Notably, Solana (SOL) is currently going for around $181. This price represents a 2,160% surge from $8.

RCO Finance Steals The Show With Its Crypto AI Solutions

With Cardano bleeding, investors are actively joining modern DeFi platforms to increase their chances of profitability before the next bull run. Specifically, investors are embracing RCO Finance.

Crypto enthusiasts are joining RCO Finance because its AI and blockchain-powered platform supports a range of next-gen trading tools. These tools help boost profits while minimizing risk exposure, explaining why RCO Finance is causing a stir in the crypto-verse.

However, it is worth noting that the leading feature of the RCO Finance platform is its AI-powered robo advisor. This robo advisor has caught investor attention because it is the only trading tool that runs fully on AI.

Notably, the RCO Finance robo advisor leverages machine learning and complex algorithms to analyze diverse market data. This tool then offers tailored investment recommendations by combining the collected data with your risk profile and financial goals.

The robo advisor's recommendations can guide you on when to buy or sell specific assets. Interestingly, the robo advisor can execute these transactions on your behalf, saving you the trouble of monitoring the market in search of high-potential opportunities. Also, the robo advisor eliminates intermediaries, reducing transaction costs.

RCO Finance has also emerged as a top pick among investors because of its non-KYC policy. This policy allows you to join the RCO Finance platform without submitting KYC information. As such, you can enjoy the perks of professional investment strategies without compromising your anonymity.

RCOF Poised To Overshadow Cardano And Solana During Its Presale

As the altcoin market continues trading in the red zone, Cardano and Solana investors are buying RCOF to hedge against further losses. RCOF has gained investors’ confidence because it meets industry standards of safety. This can be verified by the smart contract audit that SolidProof, a prominent blockchain security firm, conducted.

RCOF has also won over investors because it offers HODLers perks like dividends and voting rights. On top of this, RCOF is an appealing investment because its limited supply of 800 million tokens positions it for long-term value appreciation.

Investors can now purchase RCOF at $0.0778. This is RCOF’s Stage 4 price, which is set to increase to $0.2142 when this DeFi altcoin enters the Bonus Round. Furthermore, RCOF is poised to generate more gains when it attains its projected listing price of $0.4-$0.6.

It is worth noting that this analyst believes RCOF can surge 2,160% by Janaury 2025. In doing so, RCOF will have mimicked Solana’s surge from $8 to its current price. This explains why you should join the RCOF presale and await huge returns soon.

News source:captainaltcoin.com

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