RCO Finance (RCOF) Closes in on Ripple’s (XRP) Rally as SEC Settlement Speculations Take Force

Amid mounting speculation about the potential settlement between Ripple and the SEC, XRP experienced an over 50% rally to trade at $6.63 over the past week, marking its highest level since April, while the overall crypto market saw a more modest increase of around 12% during the same period. 

Meanwhile, the performance of RCO Finance’s presale has been remarkable this week and is poised to surpass the gains of XRP soon. Here’s why:

After witnessing record funding growth, RCO Finance’s presale has emerged as the crypto market’s leading ICO this week. It is now a few digits from hitting $1 million in revenue. The presale is gaining this traction as investors increasingly capitalize on it to experience the most talked-about trading tool in the crypto industry—the Robo Advisor. 

This tool expertly wields advanced AI and machine learning algorithms to perform thorough market analysis and use the result to execute highly profitable trades automatically on behalf of investors. It keeps investors in the loop by sending them customizable trading alerts that notify them of every move in their portfolios. 

This way, investors retain control over their portfolios while enjoying a fully automated trading system. Notably, RCO Finance has democratized access to this high-level tool by offering it freely to RBLK holders to navigate the volatile market conditions. Security is also prioritized, with regular smart contract audits by a top security firm, SolidProof, ensuring investors’ capital remains protected.

After a sharp downtrend, the XRP price recently hit a 4-month high, sparking analysis and predictions from top crypto analysts, including Dark Defender, on its potential to witness a 2810% jump to $18 this year. Despite correcting 9% over the past 24 hours, XRP maintains this bullish outlook. 

This sudden turnaround in XRP’s market performance has been tied to recent news that the SEC may be nearing a settlement with Ripple Labs over its 2020 lawsuit, which alleged that XRP was a security. However, Judge Analisa Torres’s July 13, 2023 ruling set a precedent for this settlement. 

Specifically, she ruled that the programmatic sales of XRP did not satisfy the third prong of the Howey Test and hence couldn’t be classified as a security. Notably, Ripple Labs had a “closed meeting” on July 18, fueling speculation and anticipation mounting regarding the SEC’s decision. 

While the broader market awaits updates on the SEC’s settlement with Ripple Labs and XRP’s next price action, smart crypto investors recognize RCO Finance’s potential for explosive growth. Beyond these gains, RCO Finance has also attracted them with its value propositions.

RCO Finance (RCOF) offers pre-derivative access to decentralized derivatives trading, including options, futures, and swaps. It also offers alternative investments such as spot Bitcoin and Ethereum ETFs and even real-world assets like shares and real estate, which investors can invest in with leverages of over 500x. 

Moreover, the DeFi trading platform has also been built with user accessibility in mind, making it highly navigable even for novice crypto investors. It has simplified registration processes by eliminating KYC requirements while strictly adhering to local and international regulatory frameworks. 

RCO Finance’s presale was meticulously designed to maximize participants’ initial capital. A modest capital of $100 can yield returns as high as 170% as presale stage 1 nears its conclusion, and Stage 2 could surge the tokens to $0.0343 from their current altcoin price of $0.01275. 

This attractive entry price has drawn investors into the presale, who have also been earning passive income by staking their RCOF tokens. RCO Finance further incentivizes participation by sharing 30% of its platform fees with token holders, granting them access to airdrops, voting, and governance privileges.

Moreover, RCO Finance has focused on long-term growth by locking 12% of its limited token supply in a liquidity pool for 3 years and employing an effective vesting schedule to prevent sharp dumps on its official market listing, which, by the way, could 50x your portfolio if you buy in now as the presale tokens could list at $0.6.

Still unconvinced? RCO Finance also offers cash prizes of up to $100,000 to investors. Using the code RCOF40, you will receive a generous 40% bonus when purchasing RCOF tokens! 

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post RCO Finance (RCOF) Closes in on Ripple’s (XRP) Rally as SEC Settlement Speculations Take Force appeared first on The Merkle News.