Toncoin ($TON) Rebounds 15% After Weeks in the Red, RCO Finance ($RCOF) Setting Up for a Surge
Toncoin’s price is in the green again, flipping its sentiment from bearish to bullish. On the other hand, RCO Finance ($RCOF) remains on track to achieve its growth goals in the near future.
What is driving TON’s recent rise, and how can interested investors benefit from $RCOF’s imminent surge? Let’s dive in.
Toncoin In Spectacular Resurgence As Pavel Durov Breaks Silence
On August 24/25, as the news of Telegram’s founder, Pavel Durov’s arrest filtered out, TON took a massive hit. The reason behind this was the token’s close ties with the messaging platform. The slump triggered by Durov’s arrest took $TON all the way down to $4.46, its lowest price in almost six months.
Less than two weeks later, Durov released a statement on his Telegram channel regarding his arrest, which seems to have galvanized $TON’s resurgence.
Over the past seven days, Toncoin has broken out of weeks of bearish movement and led the $TON ecosystem’s recovery. The coin has gained an impressive 18.3% in this period.
Several analysts came out stating that $TON could rise to $7.93 by October if the current momentum is sustained. However, a general market recovery (presumably led by Bitcoin) would also increase Toncoin’s chances of reaching this predicted price.
RCO Finance Seemingly Set for an Massive Surge
RCO Finance is set to beat even the most optimistic predictions for Toncoin. The $RCOF token’s current price is $0.0343, with the project being in the second stage of the ongoing presale. The price will continue to rise as time passes, increasing by 62.7% in Stage 3 to $0.0558 and by 1,066% by the time the presale ends. This makes $RCOF one of the more interesting presales today – especially at the current price.
It’s important to note that RCO Finance is not only interesting to investors for speculative purposes but also for its AI-powered decentralized real-world asset (RWA) trading platform. Some of the important aspects and features of the platform include:
- Traditional asset trading, such as stocks, bonds, real estate, commodities, etc., using cryptocurrencies.
- Trader-suitable environment, enabling up to 50x leverage, low fees (enabled by bypassing brokers), and full trader autonomy.
- AI robo advisor, which generates data-driven and actionable insights with the goal of increasing trader profits and saving time spent on research.
- Decentralized derivatives trading, such as futures, options, and swaps. Users can also lend their crypto assets and earn sizeable interest.
- Liquidity provision for numerous trading pairs. Providing liquidity helps RCO Finance fulfill its automated market-making obligations on other exchanges and earns investors rewards.
- The platform also offers its debit card, which can be used for DeFi and CeFi transactions, as well as converting your cryptocurrency to fiat.
Last but not least, RCO Finance protects users’ privacy and anonymity with its no-KYC policy. The protocol’s smart contracts have also been audited by SolidProof, to ensure reliability and security.
$RCOF Presale: Price, Token Supply, Benefits, Gains
RCO Finance is powered by $RCOF, its native token. As mentioned, the token is currently in a presale, with a total supply of 800 million. 50% of the total supply is dedicated to public sale, 20% to ecosystem development, and 12% to liquidity and market-making.
The rest of the tokens are split between private sales and marketing (5% each), the team (4%), and advisors (2%). The remaining 2% is allocated to ecosystem rewards.
$RCOF is currently sold for $0.0343 in Stage 2 of the presale. If you buy the token now, you’ll potentially enjoy a decent profit by launch simply due to price appreciation. Buying the tokens also enables you to vote on governance proposals, as well as benefit from trading fee discounts. Token staking is also available, currently netting users an APY of 88%.
Finally, depending on the number of tokens they hold, they are entitled to a share of the platform’s revenue as dividends.
Investing in RCO Finance today could net project supporters massive gains and other interesting privileges.
Learn more about RCO Finance and its presale:
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