Ethereum (ETH), RCO Finance (RCOF), and Cardano (ADA) Record Unusual Hike in Whale Activity
Altcoins are beginning to recover from the recent downturn that plagued the entire crypto market earlier this week, owing to the intervention of whale investors. A recent report shows that Ethereum (ETH), RCO Finance (RCOF), and Cardano (ADA) have registered increased whale activities within their ecosystems that could potentially thrust their prices to the moon.
Let’s find out how these top crypto coins will benefit from the surge in whale activities.
Whale Transactions Hit Triple-Digit Count
IntoTheBlock, a blockchain analytic firm, has revealed a record of whale transactions within the Ethereum (ETH), RCO Finance (RCOF), and Cardano (ADA) ecosystems. In a report on August 6, the on-chain sleuth noted that the Ethereum whale transaction count reached 17,000 in one day. These transactions were worth $19.37 billion, 320.84% higher than the initial range.
Also, Cardano, a blockchain reputable for hosting large transactions, recorded fewer figures than Ethereum. Cardano marked up over $11.94 billion in whale transactions, representing a 188% increase from its previous level. Whales traded approximately 38.36 billion ADA in 8,760 transactions.
Similarly, RCO Finance recorded over 2,000 whale transactions involving the RCOF token. The transactions surpassed $1 million during RCOF’s initial presale stage, during which whales transacted over 90 million RCOF tokens.
With whales trading these coins, their chances of experiencing a sustained rebound following the recent sell-off have increased. Moreover, BTC’s rising level will contribute immensely to the anticipated growth of the altcoins market, considering altcoins typically mimic Bitcoin. ETH is selling at $2,370 after a 5.76% correction, RCOF at $0.0343 following a 169% rally, and ADA at $0.32 after a 3.90% decline.
Whale Investors Consider RCO Finance Worth Looking Into
RCO Finance is making a name for itself in the crypto landscape and, as a result, capturing the interests of deep-pocket investors. Since its debut, RCO Finance has been known for harnessing an artificial intelligence technology tool called a robo-advisor.
This robo-advisor’s capabilities to help beginners in crypto produce the results of experts have sparked the flame of curiosity about RCO Finance among market players.
RCO Finance is a newly launched decentralized trading platform for various financial instruments, including stocks, shares, derivatives, exchange-traded funds, and real-world assets.
Unlike other trading platforms, RCO Finance allows users to buy any asset pair using cryptocurrency, eliminating the hassle of fiat conversion. With its debit card, users can initiate bank-to-app or app-to-bank transactions.
The platform incentivizes participation in its ecosystem activities, especially its token presale.
Users will enjoy reduced interest on loans, reduced trading fees, increased interest on staking, increased trading leverage, access to advanced trading tools, access to automated market makers, nonstop market coverage, and a chance to partake in the RWA tokenization revolution.
RCOF holders, on the other hand, will receive quarterly dividends and tier-based rewards, get to share the platform’s profits, and have a voice in ecosystem governance.
SolidProof, a reputable blockchain auditor based in Europe, conducts frequent audits of RCO Finance to detect vulnerabilities and loopholes in its smart contract. Given that it is KYC-free, users need not worry about disclosing private information about themselves. The European Union’s Market In Crypto-Asset (MiCA) controls its operations.
RCOF Records Whale Purchases In Its Presale
Deep-pocket investors are beginning to buy into RCOF after recognizing the opportunity it carries. With a 3,000% profit projection, investors have a rare and definite chance to multiply their capital thirtyfold. Specifically, $100 can become $3,000 with RCOF’s presale within a short timeframe.
RCOF is gradually approaching Stage 3 of its presale, with a 337% profit underway for early investors. If you hop on now, you can benefit from this, too.
For more information about the RCO Finance Presale:
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