As the crypto market grapples to recover from the August 5 crash, top altcoins are still down by double digits in the weekly charts. Despite this poor performance, an AMBCrypto analyst believes Chainlink’s (LINK) odd correlation with RCO Finance (RCOF), an upcoming Ethereum token, might see both coins pump 1,890%.
What is the correlation between Chainlink (LINK) and RCO Finance (RCOF), and how can it trigger a massive jump? Continue reading to find out!
Chainlink Is Down 11% in a Week: Bulls Set To Return Soon!
Chainlink has performed deplorably over the past week. On August 3, LINK was changing hands at around $12.07. After hovering around this level for two days, LINK slumped on August 5 due to the marketwide crash. Specifically, LINK traded as low as $8.13 on August 5.
However, Chainlink started recovering the same day after Ostium Labs integrated Chainlink data streams on Arbitrum. By August 10, LINK had stabilized at around $10.64. This price means Chainlink has plunged 11% in a week. Moreover, LINK’s 24-hour trading volume is down 23%, likely indicating traders are holding LINK awaiting a rally.
Interestingly, an AMBCrypto analyst believes Chainlink’s network of nodes, vital in decentralizing data through oracles, positions it for massive growth. Specifically, the analyst believes LINK will likely gain 1,890% soon.
RCO Finance’s DeFi Platform Positions It For Success
Interestingly, Chainlink’s mission to decentralize data is similar to RCO Finance’s goal to decentralize the finance sector. Specifically, RCO Finance’s DeFi platform aspires to offer crypto traders an enhanced investment experience. RCO Finance combines the crypto and traditional asset worlds to achieve this feat
In doing so, RCO Finance’s platform exposes investors to asset classes previously available only to traditional investors. These include real estate, ETFs, FX, and shares, among other RWAs. Moreover, RCO features a pre-derivatives offering (pre-DO), which lets investors trade decentralized derivatives, including futures, options, and swaps.
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The RCO Fiance platform boasts over 12,500 asset classes, which are useful for diversifying investment portfolios. Interestingly, RCO Finance allows investors to purchase these asset classes with cryptocurrencies, explaining why it has emerged as a leading Ethereum token pre-sale.
RCO Finance Platform Boast A Cutting-Edge Trading Tool
The backbone of RCO Finance’s robust infrastructure is its fusion of AI and blockchain technology. This fusion ushers the RCO Finance platform into a new age of automation and decentralization. For instance, RCO Finance fully depends on AI for updates and the deployment of new trading tools.
However, the highlight of the RCO Finance platform is its AI-powered robo advisor. Notably, RCO Finance’s robo advisor is the only truly AI-powered trading tool in the cryptocurrency market. The RCO Finance robo advisor uses the latest algorithms and machine learning to offer investors data-driven investment recommendations.
Through these recommendations, investors can effortlessly optimize their investment portfolios for maximized returns. It is worth noting that RCO Finance does not charge a fee for its robo-advisor services. As such, anyone can access the robo advisor and get professional investment management tools.
Moreover, RCO Finance’s robo advisor offers investors free tax and financial legal advice. This service helps investors comply with tax law while building their investment portfolios. This futuristic robo advisor explains why RCO Finance has emerged as a top Ethereum token pre-sale.
RCOF Steals the Show From Other Ethereum Token Pre-sales
RCO Finance is also making airwaves in the crypto industry because of its Ethereum token, dubbed RCOF. RCOF is the utility and governance token of the RCO Finance ecosystem. Notably, RCOF has a maximum supply of 800 million tokens. Additionally, RCOF boasts a deflationary mechanism, which helps shrink the supply by burning tokens.
As of August 10, RCOF was underway with Stage 2 of its public pre-sale. Investors can now purchase RCOF at $0.0344. Stage 2 investors will enjoy a 62% ROI when RCOF kickstarts Stage 3 at $0.0558. Moreover, this ROI will increase to 1,890% as more investors embrace RCO Finance’s DeFi platform.
This impressive growth potential explains why you should onboard this Ethereum token pre-sale early for massive returns.
For more information about the RCO Finance Presale:
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