Over the past week, the crypto market has shown signs of bullish price action, with top coins pumping after the August 5 crash. Despite this recovery, the Bitcoin (BTC) price has yet again slipped from the $60,000 support level.
Meanwhile, Sui (SUI) has recorded double-digit gains alongside RCO Finance (RCOF). Why are SUI and RCO Finance pumping as the Bitcoin price underperforms? Read on to find out!
Bitcoin has performed modestly over the past week. On August 5, the Bitcoin price stood at around $58,110. However, the marketwide crash saw the Bitcoin price plunge as low as $49,121 before rebounding to the $60,000 level on August 8. However, the Bitcoin price again plummeted below $60,000 on August 11.
By August 12, the Bitcoin price had stabilized at around $59,686. This price means Bitcoin has surged 2% in a week. Notably, the 24-hour Bitcoin volume is up 104%, likely indicating investors are buying the dip. This means the Bitcoin price will probably reclaim the $60,000 soon.
SUI has performed exceptionally well over the past week. On August 5, SUI was hovering around $0.5764. After the market crashed, SUI plunged to $0.4636 before recovering quickly. Moreover, the token pumped further due to the August 7 news of Grayscale rolling out a new SUI fund.
As a result, SUI soared as high as $1.1085 on August 12 before leveling off at around $1.040. This price means SUI has gained 80% in a week. Moreover, SUI’s 24-hour trading volume is up 179%, indicating a strong buying force. As investors embrace Grayscale’s SUI fund, SUI will likely continue surging, potentially adding another 70%.
RCO Finance is a budding DeFi project that has quickly scaled the ranks due to its mission to simplify investing. Moreover, RCO Finance is making waves because its next-gen platform runs on AI and blockchain technology. This combination of cutting-edge technologies sets RCO Finance ahead of the pack, explaining its swift growth.
Specifically, AI offers RCO Finance unmatched automation, while blockchain technology offers security, transparency, and interoperability. However, RCO Finance’s top feature is its
AI-powered robo advisor. The robo advisor uses state-of-the-art algorithms and machine learning, making it the only truly AI-powered trading tool in the crypto market.Through the robo advisor, investors can get personalized, data-driven investment recommendations. To be precise, the RCO Finance robo advisor assesses an investor’s risk profile and financial goals before pairing them with market conditions and suggesting profitable investments.
This approach helps investors eliminate cognitive biases and emotions of greed and fear, which often result in losses. Furthermore, the RCO Finance robo advisor charges lower fees than traditional financial investors, offering investors easy access to professional investment management tools.
In addition, RCO Finance’s robo advisor offers free tax and financial legal advice, enabling investors to optimize their investment strategies while remaining compliant. These features explain why RCOF, RCO Finance’s native token, has become a top investment choice among Bitcoin and SUI investors looking to diversify their portfolios.
RCOF has performed commendably thus far during its ongoing public pre-sale due to its utility within the RCO Finance platform. Specifically, RCOF is the transactional and governance token of the RCOF ecosystem. RCOF has also captured investor interest because it is a deflationary token with a relatively low supply cap of 800 million tokens.
As of August 12, RCOF was progressing with Stage 2 of its public pre-sale. During this stage, investors can purchase RCOF at $0.0344. When RCOF advances to Stage 3 at $0.0558, Stage 2 investors will enjoy a 62% ROI. Amazingly, this ROI is set to increase to 1,500% when RCOF attains its listing price of between $0.4 and $0.6.
This impressive growth trajectory explains why you should join the RCO Finance revolution early for massive returns soon.
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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