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Bitcoin’s recent rally has triggered an altcoin season that has seen most top 20 tokens record substantial gains over the past week. However, Toncoin (TON) has failed to take off, forcing investors to seek alternative investments.
Meanwhile, RCO Finance (RCOF), an upcoming DeFi token, has sent shockwaves across the crypto market after securing $2.17 million during its ongoing public presale.
Why has Toncoin (TON) stagnated despite the ongoing altcoin season, and what’s in store for RCO Finance (RCOF)? Keep on reading to find out!
Toncoin Gains a 7% in a Week: Will Bulls Intensify?
Despite the raging altcoin season, Toncoin has made meager gains over the past seven days. On September 20, TON was trading around $5.64.
TON traded sideways for days until starting a weak bullish cycle on September 25. This upward trend came after Bitcoin (BTC) surpassed $64,600, inducing an altcoin season.
Also, rhino.fi partnered with TON on September 25, enabling investors to bridge USDT from L1s like Solana and EVM L2s. This development saw Toncoin gain some more steam. With the accumulated momentum, Toncoin (TON) climbed as high as $6.06 on September 27 before stabilizing at around $6.02.
This price means TON has gained 7% in a week. In comparison, rival altcoins have jumped by double digits.
While Toncoin’s 24-hour is up 19%, experts believe its slow-paced growth during the current altcoin season might dissuade more investors from purchasing it. As a result, experts believe TON will likely pull back.
RCOF Reigns Supreme As The Altcoin Season Persists
With the altcoin season showing no signs of slowing down, RCOF has emerged as a top performer.
Specifically, RCOF has secured over $2.17 million during its ongoing presale. This swift growth has seen this new Ethereum token generate massive hype, attracting hordes of investors.
Investors are also embracing RCOF because SolidProof, a respected figure in the blockchain security firm, audited the token’s smart contract and concluded it is a safe investment. RCOF is also a high-potential investment because it is a deflationary token with a limited supply of 800 million coins.
RCOF’s presale also presents an exceptional investment opportunity. As of September 27, RCOF was in Stage 2 of its ongoing public presale.
Investors can join this Ethereum presale by purchasing RCOF at $0.0344. When RCOF attains its launch price of $0.4-0.6, Stage 2 investors will realize remarkable gains.
Experts believe RCOF will surge 1,500% before the end of 2024 before surpassing TON’s 2,000% surge from its all-time low to ATH.
RCO Finance Impresses With Its Robo Advisor and RWA Tokenization Capabilities
Investors looking to capitalize on the ongoing altcoin season are swiftly migrating to RCO Finance’s crypto AI platform.
This budding project has gained investor confidence because it boasts multiple AI and blockchain-powered trading tools, which help maximize profits while reducing risk exposure.
This list starts with the RCO Finance AI-powered robo advisor. This trading tool uses machine learning and advanced algorithms to offer data-driven predictions on various assets.
The RCO Finance platform notably supports real-world asset (RWA) tokenization, offering over 120,000 assets across 12,500+ classes.
As such, the robo advisor has unlimited options to monitor and gather actionable data. Investors can use this data to make informed investment decisions, such as when to open or close positions.
This means investors can abandon dated methods of investing, which rely on emotions and cognitive biases.
The RCO Finance platform also allows investors to automate their accounts so that the robo advisor trades on their behalf.
This provision gives the robo advisor the autonomy to adjust an investor’s portfolio with investments that match their risk tolerance and financial goals.
Moreover, RCO Finance has effortlessly made headway in the DeFi scene because it does not require users to submit KYC information while signing up.
This straightforward process lowers the entry barrier and helps investors who prefer not to share personal details maintain anonymity.
These pro trading features explain why you should embrace the RCO Finance platform and capitalize on the ongoing altcoin season.
For more information about the RCO Finance Presale:
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.