Fantom (FTM) and Starknet (STRK) have performed well over the past month despite a general market dip.
However, RCO Finance (RCOF) is biding to surpass their recent rise. Will this be possible? We will also consider factors that might have led to FTM and STRK’s pumps.
FTM has bucked the market trend and is posting bull-run level gains. The token has gained an impressive 47% in the past month.
Analysts say one reason for the surge could be Fantom’s imminent migration to the Sonic blockchain. Sonic will be an L1 with improved speed and security and an L2 bridge to Ethereum, allowing it to “withdraw funds on Ethereum independently and generate a proof for every asset bridged from Ethereum to Sonic chain.”
The Fantom Foundation has already secured $10 million in funding for the new chain. The chain’s administrators, Sonic Labs and Sonic Foundation will start functioning only when Sonic is up and running.
Analysts say RCO Finance can outperform FTM and STRK because of its revolutionary offerings, lucrative presale, and considerable growth potential.
Focusing on RCO Finance’s offerings, the protocol’s decentralized trading platform allows users to trade over 120,000 real-world assets with their crypto without going through brokers. Some asset classes available include commodities, bonds, stocks, ETFs, real estate, etc.
Another feature, the AI robo advisor works with the trading platform to make traders more profitable.
It utilizes mathematical models to create data-driven and actionable trading insights that eliminate traders’ time watching the market and reduce the effect of human bias and error, clearing the path for better trading outcomes.
Furthermore, RCO Finance allows users to lend their crypto assets to earn interest. Traders can also use their tokens to provide liquidity for trading pairs or to facilitate the protocol’s automated market-making role in other decentralized exchanges.
RCO Finance also boasts a lucrative presale. RCOF, its native token, is expected to rise from its current price of $0.0343 in Stage 2 to $0.40 by launch. This astounding 1,066% surge dwarfs FTM’s and STRK’s gains.
STRK has swum against the tide recently. The token has risen by 4.8% in the past month. Compared to the current market state, this pump is impressive.
Analysts have pointed to Starknet’s recent developments as the trigger for the price growth. One such development is Starknet’s v0.13.2 upgrade, which allows the network to run parallel transactions.
The upgrade makes Starknet the first Ethereum L2 to implement parallel transactions. Parallel execution addresses the problem of sequential transaction processing, which causes delays during high demand.
Analysts expect other networks to adopt this feature in the future, permanently improving scalability across L2 networks.
RCO Finance’s native token, RCOF, has a total supply of 800 million. 50% of this supply is allocated to public sale, 20% to ecosystem development, and 12% to liquidity/market-making.
Marketing and private sales receive 5% each, and the team gets 4%. Ecosystem rewards and advisors also receive 2% each.
RCOF was sold for $0.0343 in Stage 2 of the presale. Investors who buy the token now will earn a whopping 1,066% profit
when it rises to $0.40 at launch, more than most other cryptos can offer within the same period.Token holders will also enjoy discounts on trading fees, voting rights on governance proposals, and up to 88% APY from staking RCOF.
Depending on the number of tokens they hold, they are entitled to a share of the platform’s revenues as dividends.
Therefore, purchase RCOF today to enjoy astounding profits and other exciting perks.
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.
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