Bitcoin (BTC) has performed unsatisfactorily as the crypto market continues to try to break out of a bearish trend. Meanwhile, SUI and crypto AI tokens have maintained an upward trajectory.
Investors are increasingly embracing RCO Finance (RCOF), a new crypto AI token that has secured over $1.89 million during its presale.
Why is Bitcoin underperforming as an SUI and RCO Finance (RCOF) pump? Continue reading to find out!
The bearish sentiment in the crypto market has seen Bitcoin underperform over the past week. On September 4, BTC was changing hands at around $56,790.
After holding this level for days, BTC slumped as low as $53,653 on September 8 due to Fidelity’s sale of 1,586 Bitcoin on September 7.
Fortunately, Bitcoin recovered after Fidelity bought 1,100 BTC on September 11. Specifically, Bitcoin (BTC) climbed before stabilizing at around $56,948 as of September 11.
This price means BTC has only gained 0.5% in a week. Also, the 24-hour BTC trading volume is down 11%, indicating weak investor interest, which might spur losses.
Unlike BTC, SUI has performed impressively over the past week. On September 4, SUI was changing hands at around $0.77. This price was attained due to the September 3 news of SuiPlay0x1 partnering with XOCIETY and DARKTIMES.
This bullish news triggered a rally that saw SUI climb as high as $0.98 on September 8. However, SUI experienced a slight retracement before stabilizing at around $0.93 as of September 11.
This price means SUI has gained 21% in a week. Nonetheless, the 24-hour SUI trading volume is down 24, indicating dwindling investor interest as traders HODL their SUI in anticipation of the next altcoin season.
With Bitcoin’s stagnation, investors have shifted to the crypto AI sector to diversify their portfolios. Specifically, investors are flocking to RCOF, RCO Finance’s transactional and governance token.
This budding Ethereum-based crypto AI has caught investor attention because of its strong tokenomics structure.
Notably, RCOF boasts a maximum supply of 800 million tokens and a deflationary tool to control inflation. Additionally, RCOF offers benefits like voting rights and tier-based dividends.
As a side note, the RCOF smart contract was audited by SolidProof, a leader in blockchain security, to ensure the token was safe to invest in.
As of September 11, RCOF has commenced Stage 2 of its presale at $0.0344. This price will increase to $0.0558 when RCOF advances to Stage 3. Moreover, this price is set to continue rising until RCOF launches at $04-$0.6.
Also, experts foresee RCOF replicating Bitcoin’s 7,100% rally from 2021 to its March 2024 ATH after it launches on leading exchanges. Interestingly, experts expect RCOF to achieve this feat by early 2025.
RCO Finance, an emerging DeFi project that seeks to streamline the investment experience for crypto traders, has caught investor attention due to its robust platform.
It is worth noting that the RCO Finance platform taps AI and blockchain technology. This architecture enables RCO Finance to offer traders revolutionary crypto AI trading tools.
At the top of the list of crypto AI on RCO Finance is an AI-powered robo advisor. The RCO Finance robo advisor distinguishes itself from traditional financial advisors by leveraging algorithms and machine learning to offer data-driven investment insights. In comparison, traditional financial advisors rely on cognitive biases and emotions.
The robo advisor’s approach involves monitoring various indicators of the 120,000+ assets on RCO Finance and gleaning actionable data. This data is paired with an investor’s risk tolerance and financial goals before providing tailored investment advice.
For instance, the robo advisor can tell traders when to buy, sell, or double down on assets.
As such, traders that incorporate the robo advisor’s recommendations into their trading plans can easily maximize their profitability while minimizing risk exposure.
Interestingly, RCO Finance traders can sit back and let the robo advisor complete trades on their behalf for a seamless investment experience.
Amazingly, RCO Finance provides more features to improve traders’ investment experience further. These include up to 1,000x leverage, near-zero trading fees, fast transaction time, non-KYC debit cards, and yield farming.
These impressive crypto AI features explain why you should join the RCO Finance presale now and take your investment experience to the next level.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
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