Ethereum (ETH) Selling Pressure about to End, Why this is Great for Altcoins Like RCO Finance (RCOF)

Vitalik Buterin, the co-founder of Ethereum (ETH), shared an important update and made certain clarifications that could drive the price of the pioneer altcoin upward.

This update has not only transferred gazes to ETH’s price chart but has also fixed focus on Ethereum altcoins, one of which is RCO Finance (RCOF). Specifically, market players are curious to know how RCOF will perform when ETH rebounds.

Ethereum Founder Reveals Pertinent Update Scheduled For The Network

In an announcement on August 8, Ethereum co-founder Vitalik Buterin shared information about an update set to roll out on the Ethereum blockchain. First, he clarified a misconception about Ethereum’s M31 binary state shifting from 16 to 32 bits. In actuality, it was switching from 64 to 32 bits to enhance proving speed on the Ethereum network for better performance.

Also, Vitalik revealed a reconditioning that will enable developers to write “reasonably performant” STARK code suitable for GPUs in Python using the Zorch library. He urged developers to take and run with the new program. Meanwhile, Ethereum continues struggling to break away from the bears ‘ hold despite these developments.

ETH has been in a dilemma for the last few months. Its real-time use cases have also dwindled in 2024. Even after the first Ethereum exchange-traded fund (ETF) launched, ETH remained fettered to bearish power as opposed to BTC after the Bitcoin ETF public launch.

Notwithstanding, experts remain optimistic about ETH, considering the potential impact these developments will have on the Ethereum blockchain. They believe ETH could still bounce back, which will likely happen soon. In the meantime, Ethereum is up 0.04% to $2,441, with possible gains ahead.

RCO Finance Stirs Interest With Its AI-driven Tool

Given the expected ETH price improvement after the recent update on the Ethereum network, market players are now looking for Ethereum altcoins to cash in on for gains. From the list, RCO Finance stands out to them with its unique features, particularly AI-driven technology. This technology is called a robo-advisor, a tool based on its machine-learning algorithm.

Due to its machine-learning program, the robo-advisor does not require the supervision or intervention of human entities in its operations. It can develop strategies RCO Finance users can leverage while investing to make decisions not restricted to emotions or bias. It can also help in portfolio diversification, allowing users to maximize profits.

RCO Finance is a trading platform popular for its diversified collection of assets. These assets include cryptos, real-world assets, derivatives, exchange-traded funds, and stocks, and are tradable with cryptocurrencies. Besides trading RWA assets, users may also partake in asset tokenization and become an integral part of the future of finance.

The platform incentivizes users with reduced trading fees, issues low-interest loans, allows users to enjoy up to 50X trading leverage, issues a globally accessible debit card, and rewards users based on their tiers. It does not include KYC in its registration process, and SolidProof has fully audited it. However, the most exciting part of RCO Finance is RCOF’s presale.

Ethereum Investors Turn To RCOF’s Presale

ETH investors are becoming fanciful of RCOF due to several reasons. First, its presence offers a unique opportunity to make incredible gains. For instance, investors can realize up to 18X their capital even if they invest in its current stage.

RCOF is in Stage 2 of its presale, selling for $0.0343 per token. Its concluding presale target price between $0.4 and $0.6 represents a 1,800% increase from its current price, which is achievable in the coming days. Soon, RCOF will be up over 300% to $0.558, its Stage 3 price.

Second, holding RCOF tokens comes with certain perks. These benefits include priority customer support, quarterly dividends, and voting rights. Opportunities like RCOF are no longer common in the crypto sector due to the diluted nature of the market.

Therefore, take advantage of RCO Finance (RCOF) by onboarding its presale before the price increases again.

For more information about the RCO Finance Presale:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.