Following the market crash at the start of October, top altcoins like Litecoin (LTC) and TRON (TRX) have turned green. However, top addresses are actively selling these tokens despite this resurgence.
Top altcoins like Litecoin (LTC) and TRON (TRX) have turned green following the market crash at the start of October. However, top addresses are actively selling these tokens despite this resurgence.
Interestingly, the investors behind these top addresses have shifted their attention to RCO Finance (RCOF), a new Ethereum presale altcoin. Why are top Litecoin (LTC) and TRON (TRX) addresses selling their holdings to purchase RCO Finance (RCOF)? Let’s find out!
Litecoin Gains 2% in a Week: Will Bulls Press On?
Litecoin has performed decently over the past seven days. On October 2, LTC was trading at around $63.99. After two days of recording marginal losses, Litecoin spiked on October 4 as Bitcoin (BTC) started recovering from the October 1 crash that saw it plunge to the $60,000 range.
This renewed bullish trend saw this altcoin trade as high as $67.82 on October 7. However, the excitement faded, and Litecoin started correcting downward. By October 9, Litecoin (LTC) had stabilized at around $65.83. This price means Litecoin has surged 2% in a week.
However, the 24-hour LTC trading volume has slipped by 18%. This decline indicates that investors are selling their LTC holdings to purchase a high-potential altcoin like RCO Finance (RCOF).
TRON Surges 4% in a Week: More Bulls In Store?
TRON has performed modestly over the past seven days. On October 2, TRX was hovering around $0.1535. After trading sideways for two days, TRON gained traction on October 4 after TRON DAO published its September report, highlighting recent network developments.
Coupled with Bitcoin’s partial recovery, which triggered an altcoin resurgence, the publication of TRON’s September report saw TRX climb as high as $0.1603 on October 8. By October 9, TRON (TRX) had stabilized at around $0.1596. This price means TRON has gained 4% in a week.
Also, the 24-hour TRON trading has climbed by 24%. While this points to growing investor interest in LTC, top Litecoin addresses are dumping this altcoin to join the RCO Finance (RCOF) presale, which has showcased impressive growth thus far.
Join The RCOF Presale Now And Reap Huge Rewards
Top Litecoin and TRON investors are drawn to RCOF because it serves as the base currency and governance token of the RCO Finance platform. This utility underpins RCOF’s growth, ensuring value appreciation as the RCO Finance ecosystem expands.
Moreover, RCOF has stolen the show because the smart contract audit conducted by SolidProof, a top-class blockchain security firm, authenticated its safety. This audit helped increase investor confidence in this high-ranking presale altcoin, explaining why it has raised over $2.90 million in funding thus far.
As of October 9, RCOF was available for purchase at $0.0344. This is RCOF’s Stage 2 price. Investors who join the RCOF presale during Stage 2 will enjoy colossal returns when this altcoin attains its projected listing price of $0.4-$0.6.
On top of this, experts predict that RCOF will surge 2,000% by Q4 2024 before surging further to replicate Litecoin’s 7,800% surge in 2017. Amazingly, experts believe RCOF can make this astronomic jump in Q1 2025.
RCO Finance’s Robo Advisor Pushes DeFi To A New Era
An emerging DeFi platform that seeks to revolutionize the investment scene, RCO Finance has quickly made noteworthy progress despite being in its presale. This budding platform has achieved this feat due to its AI and blockchain-powered architecture, which supports multiple state-of-the-art trading tools.
The topmost feature of the RCO Finance ecosystem is its AI-powered robo advisor, which runs purely on machine learning and sophisticated algorithms.
By tapping these cutting-edge technologies, the robo advisor monitors the 12,000 crypto and TradFi asset classes on RCO Finance and gleans actionable market data.
The robo advisor then uses this data to advise investors on which of the 120,000 assets on RCO Finance they should buy or sell. This data-driven investment strategy helps investors make informed investment decisions instead of depending on emotions and cognitive biases. As such, investors significantly increase their chances of profitability.
Also, the robo advisor can trade automatically, saving investors the trouble of hands-on investing. Furthermore,
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