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The Cardano price has started showing bullish signs as the US election inches closer. According to a renowned analyst, ADA might repeat a 2020 pattern that saw it pump post-elections.
Meanwhile, RCO Finance (RCOF), an emerging Ethereum altcoin, has showcased the potential to skyrocket sooner.
Why does this analyst believe RCO Finance (RCOF) can generate bigger returns than Cardano (ADA)? Let’s find out!
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Cardano Price Surges 1% in a Week: More Gains Coming?
Cardano has turned green after trading in the red territory for the better part of the past week. On October 24, ADA was changing hands at around $0.3532. After experiencing wild price swings, the Cardano price had stabilized at around $0.3540 as of October 31. This Cardano price means this altcoin has gained 1% in a week.
Notably, the Cardano price managed to flip bears due to developments within the Cardano ecosystem. For instance, on October 28, Cardano teamed up with BitcoinOS. Also, on October 30, the Cardano Foundation joined hands with NASA for a supply chain management proof of concept.
However, Ali Martinez, a renowned crypto analyst, believes the resurgence in the Cardano price might be linked to the upcoming US election. Per Martinez, the Cardano price is following a similar pattern to 2020, where it pumped two weeks after the US election. Should history repeat itself, ADA might surge 2,288%.
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RCOF Poised To Skyrocket During Its Presale
Despite the US election inching closer, the meager gains in the Cardano price have seen investors gravitate toward RCOF. Investors are purchasing this new altcoin because its presale has exhibited massive growth potential. As of October 31, RCOF had raised $4.39 million in funding.
Notably, RCOF reached this funding milestone during Stage 3 of its presale, when its price was $0.0556. Investors joining the RCOF presale during Stage 3 will realize huge returns when this altcoin attains a listing price of between $0.4 and $0.6.
Moreover, analysts believe RCOF can mirror Cardano’s projected 2,228% surge before the US election. Analysts base this prediction on RCOF gaining mass adoption due to its safety, verified by SolidProof, the blockchain security firm that audited the altcoin’s smart contract.
RCO Finance: A Well-Equipped Multi-Asset Trading Hub
As the Cardano price looks to make a major leap, ADA investors are embracing RCO Finance to maximize returns before the US election. RCO Finance has caught the attention of investors because it offers 120,000+ assets spread across 12,500+ classes. Notably, this offering comprises tokenized real-world assets (RWAs), which let investors diversify portfolios with real estate and commodities.
Besides this robust asset offering, RCO Finance has captivated investors with its AI-powered robo advisor. The robo advisor uses machine learning and algorithms to analyze market data and generate tailored, data-driven investment recommendations. Investors can use these suggestions to make informed investment decisions.
For instance, the robo advisor’s data-based tips can tell investors when to enter or exit positions or which assets to purchase or sell. By implementing these tips, investors increase their chances of completing traders with maximum profits and minimal risk. This approach allows investors to eliminate emotions from their investment plans.
Furthermore, the robo advisor can trade automatically. This feature rewards investors with the perks of professional investing, all without having to lift a finger to execute a single trade.
RCO Finance Supports Passive Earning
RCO Finance has also fascinated investors because it offers multiple passive earning options. Passive earning is handy, especially for HODLers waiting for the Cardano price to spike. The first passive earning option is staking, where investors get staking rewards for locking tokens to provide liquidity for the RCO Finance platform.
The second option is lending, wherein investors give DeFi borrowers crypto loans to earn interest. Also, RCO Finance rewards RCOF holders with dividends. This explains why you should embrace RCO Finance and increase your net returns.
For more information about the RCO Finance Presale:
Join The RCO Finance Community