Although the crypto market has turned green, the XRP price has stagnated at the $0.5400 range. Despite this lackluster performance, BitBoy, a renowned crypto commentator, believes Ripple (XRP) will skyrocket in the next five years. Meanwhile, RCO Finance (RCOF), a new DeFi token, targets higher prices.
Which token has the potential to generate the highest returns between XRP and RCO Finance? Let's find out!
Ripple (XRP) has yet to gain momentum as the broader crypto market recovers from the recent crash. On October 7, the XRP price changed hands at around $0.5415. With Bitcoin (BTC) dictating the direction the altcoin market takes, the XRP price plunged sharply after the leading crypto slumped to $58,895 on October 10.
As a result, the XRP price traded as low as $0.5228 the same day. In a positive turn, Bitcoin started recovering, and XRP followed suit. By October 14, Ripple (XRP) had stabilized at around $0.5370. This XRP price means the token traded sideways in a week, shedding only 0.8%.
While this subpar performance has seen investors start migrating from XRP, famed crypto commentator Ben Armstrong, also known as BitBoy, believes XRP will soon make moon shots. In a recent post on X, BitBoy said investors would wish they had bought more XRP in five years.
While Bitboy believes the XRP price will skyrocket in five years, investors are shifting to tokens that promise massive returns sooner. This explains why RCOF has gained popularity among investors. Investors are flocking to RCOF because it is a deflationary token with a supply cap of 800 million tokens.
Furthermore, RCOF has gained investor confidence because it is safe to invest in. Notably, SolidProof, a top player in the blockchain security field, audited RCOF's smart contract. This audit verified that RCOF was vulnerability-free and met set industry standards.
RCOF has also wowed investors because its presale has made notable progress. As of October 14, RCOF had entered Stage 2 of its presale, and each token was going for $0.0344. This price is set to continue rising until RCOF launches at $0.4.-$0.6, rewarding investors with massive ROIs.
Interestingly, experts believe RCOF will surge 1,600% by Q4 2024. By jumping 1,600%, RCOF will have outshined XRP's 500% surge in Q4 2020.
The poor performance of the XRP price has also caused rippling investors to change their trading tactics to boost profits. Specifically, investors are joining RCO Finance, a new DeFi platform that seeks to transform the investment space by democratizing access to professional investment management tools.
RCO Finance's top feature is an AI-powered robo advisor offering free custom investment advice. The robo advisor uses machine learning and algorithms to analyze data from the 120,000+ crypto and TradFi assets that RCO Finance supports. This tool matches this data to investors' preferences before providing investment tips.
Investors can significantly increase profits by incorporating these data-based tips into their investment plans. Also, these recommendations help investors avoid investing based on emotions like greed and fear. Emotion-based investing often leads to low returns or even losses.
The robo-advisor has also captivated investors because of its automatic trade feature. This feature enables the robo advisor to invest on behalf of investors, adjusting their portfolios in real time. As such, investors can rest easy knowing their investments are in safe hands.
With the XRP price showing no signs of surging, investors are migrating to RCO Finance to diversify their portfolios with tokenized real-world assets (RWAs).
Notably, RCO Finance exposes crypto investors to assets like commodities and real estate, previously available only to traditional investors. These illiquid assets help investors bolster their portfolios against market crashes.
This explains why you should join RCO Finance and create a well-balanced investment portfolio.