The XRP price has begun to retrace following a strong rally, prompting investors to turn to alternative investments such as Stellar (XLM). Additionally, RCO Finance (RCOF), a promising DeFi altcoin, has attracted investor attention by raising $9.81 million in its current presale.
Why are Ripple investors diversifying their portfolios with Stellar (XLM) and RCO Finance (RCOF)? Read on to find out!
XRP Price Drops 1% in a Week: What’s Next?
XRP has exhibited a weak performance in the last seven days. On December 13, the XRP price was hovering around $2.34. After maintaining this level for some time, the XRP price surged on December 17 following the launch of Ripple’s stablecoin, Ripple USD (RLUSD), on major exchanges.
This positive sentiment led to the XRP price reaching as high as $2.72 on the same day. However, as Ripple investors began to take profits, the XRP price retreated. By December 20, the XRP price had stabilized around $2.30.
This decline represents a 1% drop in the XRP price over the week. Nevertheless, experts anticipate a recovery and further increase in the XRP price, attributing this to the growing number of investors adopting RLUSD.
Stellar Slides 11% in a Week: Will Bulls Return Soon?
Stellar has faced a poor performance in the past seven days amid a downturn in the altcoin market. On December 13, XLM was trading at approximately $0.42. After trading within this range for some time, XLM gained momentum on December 17 following Bitcoin’s surge to a new all-time high of $108,268.
This development propelled Stellar to reach as high as $0.47. However, traders began to sell off, leading to a sharp correction in XLM. By December 20, Stellar (XLM) had stabilized around $0.37.
This decline signifies an 11% decrease in XLM price over the week. Despite this, experts foresee a rebound in XLM and substantial returns by Q2 2025, driven by Stellar’s attraction to more investors due to its strong payment network.
RCO Finance’s Crypto AI And RWA Capabilities Steal The Show
As XRP and XLM prices continue to drop, RCO Finance has emerged as a preferred investment platform for many investors. This emerging DeFi platform has gained popularity for supporting over 120,000 crypto and traditional finance (TradFi) assets, simplifying portfolio diversification.
Notably, RCO Finance offers illiquid tokenized real-world assets (RWAs) such as commodities, top cryptocurrencies, and decentralized derivatives. This enables investors to build resilient portfolios capable of withstanding market downturns.
In addition to this robust offering, RCO Finance’s AI-powered robo advisor stands out as a key feature. The robo advisor has garnered attention in the crypto and traditional finance sectors for utilizing machine learning and algorithms to provide personalized data-driven investment insights.
By incorporating these insights into your investment strategies, you can make informed decisions on when to enter, exit, or adjust specific positions. This enhances the likelihood of executing profitable trades while managing risk exposure effectively.
The robo advisor also enables automatic trading and real-time portfolio adjustments based on your risk tolerance and financial objectives. This ensures the safety of your investments.
Apart from the robo advisor, RCO Finance offers DeFi features such as non-KYC debit cards, staking, lending, and up to 1,000x asset-based borrowing.
RCOF Emerges as a Top ICO in 2024
While analysts anticipate the recovery of XRP and XLM prices, investors are turning to RCOF as a hedge against further losses. RCOF has become a preferred choice for Ripple and Stellar investors due to its adherence to industry safety standards, as confirmed by a smart contract audit conducted by blockchain security expert SolidProof.
Investors are also attracted to RCOF because it has raised over $9.81 million in funding during its ongoing presale. This DeFi altcoin achieved this funding milestone in Stage 4 of its presale, with RCOF currently available for purchase at $0.0778. This price presents a favorable entry point, considering RCOF is set to launch at $0.4-$0.6.
Furthermore, experts predict that RCOF will surpass XRP’s 1,800% surge in Q4 2017 by Q2 2025. This projection underscores the importance of including RCOF in your investment strategy.
For more information on the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community