RCO Finance (RCOF) and Artificial Superintelligence Alliance (FET) are locked in a tight race towards the $2 price point, both gaining pace in the competitive crypto landscape.Â
While these tokens exhibit promising performances, Render (RNDR) has faced a critical setback, registering a 19% decline. As Render’s downshift casts doubt over RNDR, investors demonstrate optimism towards RCOF and FET.
Let’s find out what’s behind the outlook of these top crypto coins.
RCO Finance Takes The Lead With Broad Automated Services
RCO Finance is emerging as a leader in the DeFi sector, offering a unique mix of AI-powered technology and blockchain-based solutions.Â
As the crypto industry evolves, RCO Finance is leading the charge by addressing key challenges in the space, such as the need for decentralization, privacy, and security. Backed by a strong infrastructure, RCO Finance unveils cut-out fundamentals, bolstering its utility.
By incorporating AI into its platform, RCO Finance provides advanced tools to help users make informed, data-driven decisions.Â
One of its AI-driven solutions is a robo-advisor, a tool designed to aid traders in refining their strategies by offering customized tactics that align with their specific investment targets and preferences.Â
The robo-advisor analyses trends, predicts price movements, monitors market changes, spots opportunities, and manages risks and users’ portfolios.
With the AI tool, RCO Finance users can easily evaluate over 120,000 digital assets on the platform to determine which would be profitable investments.Â
The platform’s vast asset collection will allow investors to create diversified portfolios of stocks, derivatives, shares, real-world assets, and exchange-traded funds. Although ETFs used to be exclusive to high-class whale investors, RCO Finance has adjusted the status quo so that sharks and shrimps can fish for these multi-million-dollar funds.
Investors may enjoy a passive investment experience with the robo-advisor at the helm, trading on their behalf. RCO Finance’s smart contract has been fully audited by the well-respected blockchain security company SolidProof to ensure that nothing threatens users.Â
The platform is well-suited for beginners, experienced traders, and without KYC for preferably innominate clients.
Whale Swaps Shiba Inu Tokens For Artificial Superintelligence Alliance Tokens
An early Shiba Inu investor who amassed significant profits during the 2021/2022 bull cycle has recently shed some of his SHIB holdings to acquire a sizable stake in the Artificial Superintelligence Alliance token.Â
Spot on Chain, a renowned on-chain activity tracker, posted about this development on August 31. The detective revealed that the giant whale exchanged 255.6 billion SHIB tokens worth $3.11 million for FET.
FET gained 14% in value following the exchange, reaching $1.25. This transaction flipped FET’s otherwise bearish outlook, inciting a bullish reversal. Subsequently, FET rallied above the 20-EMA, hinting at a range breakout.
Additionally, FET’s trading volume rose 23% to $237.49 million, boosting optimistic sentiments. While FET has secured a 50% gain in the last two weeks, the past seven days saw the coin drop to $1.12, a 9.94% loss, owing to the market’s ebbing condition.Â
Nonetheless, market players anticipate a rebound as soon as the market begins to recover from the prevailing bearish pressure.
Render Drops 19% Ahead Of Nvidia’s Earning Call Release
Render has recorded a 19% value drop as market participants await the publication of Nvidia’s earning report. The decline can be attributed to the oppressed state of the crypto market, which has impacted top coins like Bitcoin and Ethereum and crypto AI tokens like RNDR. Other crypto AI tokens affected include TAO, NEAR, and FET.
A recent sentiment analysis graph reflects a drop in investors’ confidence in RNDR from March to August. This outlook has raised concerns among current investors, which could result in sell moves. The graph further highlights a parity between RNDR’s investors’ sentiment and trading volume.
As RNDR fell, the trade volume followed suit. The coin crashed from $6.33 to $$5.04, culminating in a 19% drop. With the lack of a bullish catalyst, RNDR will likely record more gains in the days ahead.
RCOF Poised To Hit $2 Ahead Of FET
The RCOF presale is a crucial event in RCO Finance’s roadmap. It allows investors to interact with the platform early and acquire the token at a lower price than it would be after listing on exchanges.Â
This presale has generated massive attention, with smart investors purchasing RCOF before the price explodes. As more investors buy the token, the price will increase till it reaches its listing price.
RCOF is projected to list between $0.4 and $0.6, offering investors an opportunity to bag up to 1,600% ROI. After listing, the coin is predicted to soar even higher, reaching the $2 price level. Hitting this price point would translate to a 400% increase in its current price.
Due to the increasing rate of RCOF’s adoption, it could attain the forecasted $2 level before FET. Right now, RCOF is offering a 50% discount to investors, further reducing the token’s price for early buyers. Given that this offer is time-based, now is the best time to act.Â
For more information about the RCO Finance Presale:
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