As the crypto market recovers from recent lows alongside Toncoin (TON), Pepe (PEPE), and Polygon (MATIC), RCO Finance (RCOF) bolts ahead, leaving these established players behind.
While these assets attempt to regain upside momentum, RCOF quickly appears as a frontrunner in the market. This action has drawn attention to RCOF, with investors prepared to bet on its future growth.
Let’s learn why TON, PEPE, and POL are falling behind RCOF.
Toncoin Displays Potential For 15% Surge: Technical Analysis
As major altcoins like Ethereum and Solana traded flat, Toncoin has registered a 7% increase in the last 24 hours. TOBTC, a commentator in the crypto community, noted this development in an X post on September 9.
The commentator’s observation comes after TON staged a rebound from lows during the recent market crash.
Toncoin’s recovery began around the same period Pavel Durov, the founder of Telegram, was arrested in France.
Despite TON’s rallies, the asset lost its place among the top ten cryptocurrencies by market capitalization, displaced by Tron. However, as the recovery process became more apparent, TON reclaimed its spot at number 9.
Toncoin is the ninth-largest cryptocurrency, with a market valuation of $13.7 billion. TON, its native token, is trading at $5.41, up 4.61% in the last 24 hours and 9.84% in the previous seven days. Yet, the asset is languishing behind the Ethereum-based cryptocurrency RCOF.
Pepe Eyes Imminent 50% Rally
The latest market data hints at a potential price increase for PEPE in the coming days. On September 9, on-chain analytic firm IntoTheBlock shared readings of a key metric pointing at an incoming rally for the frog-themed meme coin.
The analytic firm revealed that the PEPE’s Market Value to Realized Value (MVRV) ratio is currently 1.34.
On May 28, PEPE’s MVRV surged to 3.29, representing an all-time for the meme coin and a possible market top.
Today, the ratio is down to 1.34, suggesting that PEPE could have hit a bottom. This also means that the asset is undervalued and may experience a rally. In addition, the Money Flow
Index for PEPE crashed to 17.25, marking it as oversold territory.
After breaking out of a downtrend at $0.0000066, PEPE climbed to its current price of $0.0000074, representing a 12% increase.
With PEPE eyeing the next resistance level at $0.0000079 and buying pressure mounting, the frog-themed meme coin could engineer a parabolic surge to $0.00001, indicating a 56% increase in its current price.
Polygon To Spend $5 Million On Zero-knowledge Computer Chip Servers
Ethereum layer-2 blockchain developer Polygon Labs is showcasing a new version of computer chips optimized for zero-knowledge cryptography processing.
This information came to light after Fabric, the company that built these chips, announced a $33 million Series A funding round to create verifiable processing units customized for blockchain and cryptography, which Polygon Labs participated in.
Polygon’s ZK team joined forces with Fabric to create VPUs for its prover libraries, Plonky2 and Plonky3.
The team disclosed that Polygon Lab will purchase $5 million of VPU servers to speed up the ZK-Proof generation project on AggLayer, Polygon’s interoperability solution.
Mihailo Bjelic, Polygon’s co-founder, stated in a press release that Fabric could use its VPUs to expedite broader adoption of zero-knowledge technology from three to five years to six to 12 months. He added that this tech will increase the development speed of the Agglayer for Polygon Labs, which no one believes would happen any sooner.
Recently, Polygon experienced an upgrade that saw MATIC, its native token, migrate to POL. POL is trading at $0.38, up 1.15% in the last 24 hours. Meanwhile, POL has yet to show any bullish signs for future runs.
RCO Finance Progresses As Traders Adopt AI Tool
RCO Finance is forging ahead of its peers as traders and investors adopt its sophisticated AI trading tool. This tool, a robo-advisor, uses artificial intelligence and machine learning algorithms to provide automated financial services to users.
With the robo-advisor in charge, investors need only to kick back and watch this tool work for them.
The robo-advisor can identify the best assets to invest in out of over 120,000 financial instruments on RCO Finance at any given time.
Using its analytic ability, it can analyze market data, such as trends, price actions, and sentiments, to determine an asset’s potential behavior, giving investors a hint on how to trade it.
Some of the assets tradable on RCO Finance include stocks, shares, real-world assets, and exchange-traded funds, all of which can be swapped with cryptocurrencies.
RCO Finance is a KYC-free platform, a measure taken to protect users’ privacy. The platform passed its smart contract audit by SolidProof, guaranteeing users’ safety. After its official debut, the European Union’s Market In Crypto-Asset (MiCA) regulatory standards will guide its operations.
RCOF Presents Lucrative Presale
RCOF, its native cryptocurrency, allows users to realize astounding profits through its lucrative presale. The presale, currently in Stage 2, is almost halfway done, meaning investors are on the verge of making additional gains.
Thus far, $1.90 million has been invested in RCOF, and over 18.6 million tokens are now being circulated.
The token is worth $0.0343 in this stage, ready for a 63% dash to $0.0558 in Stage 3. By the end of RCOF’s presale, early investors would be sitting on a 1,600% ROI as the price hits $0.6.
Hence, don’t miss the opportunity to make 16X gains from a token presale.
For more information about the RCO Finance Presale:
