RCO Finance (RCOF) Emerges as a Preferred Choice for Institutional Investors, Overshadowing Cardano (ADA) and Avalanche (AVAX)

Institutional investors, also known as smart money, have identified RCO Finance (RCOF) as a more promising investment compared to mainstream players like Cardano (ADA) and Avalanche (AVAX).

Institutions Now Prefer RCO Finance (RCOF) Over Cardano (ADA) , Avalanche (AVAX)

Institutions, also known as “smart money,” have identified RCO Finance (RCOF) as a more promising investment compared to mainstream players like Cardano (ADA) and Avalanche (AVAX).

As these larger coins grapple with various uncertainties and market fluctuations, RCOF emerges as a compelling alternative with potential outsized gains. This shift showcases the growing interest in innovative projects within the volatile crypto market.

Let’s find out why RCOF has emerged as a preferred choice.

Smart Money Drawn To RCO Finance’s Smart AI Trading Tool

RCO Finance has entered the radar of smart money in the search for lucrative crypto projects, with its AI-powered robo-advisor taking the front row.

The robo-advisor’s overarching capabilities to enrich users, both invaluably and financially, summarises why smart money interests it. Because of this AI tool, they’re settling for RCO Finance to replace Cardano and Avalanche.

Emerging from the ever-evolving Ethereum blockchain, RCO Finance offers institutional and retail traders a whole new set of experiences. They do not have to participate in the market to capitalize on investment opportunities actively.

With the robo advisor understanding their goals, needs, preferences, and risk appetite, it can curate strategies similar to what a financial expert would recommend to meet investors’ desires.

The best part? It is cheaper than a financial consultant and better equipped to get maximum returns.

RCO Finance hosts approximately 120,000 digital assets and offers users the chance to trade cryptocurrencies directly. These assets cut across 12,500 classes, allowing investors to spread their portfolios and manage risks effectively for substantial gains.

In addition to trading, RCO Finance users may interact with the platform’s liquidity pool to stake, farm yields, borrow, and lend.

Renowned blockchain security firm SolidProof has audited RCO Finance’s smart contract codebase in case of hidden vulnerabilities.

After launching, RCO Finance will be globally regulated by the European Union’s Market In Crypto-Asset (MiCA) regulatory standards. These measures and its no-KYC process make it exactly what smart money is looking for.

Cardano Community Says “We Need More Buyers”: Here’s Why

On August 25, the Cardano community got into a verbal altercation over 200 million ADA tokens requested by one of the firms operating within the blockchain.

Specifically, 3UTxO, a Cardano-based cryptocurrency platform, has asked the Treasury to disburse 200 million ADA, valued at nearly $120 million at current prices, to fund startups using Cardano’s resources. This request was met with criticism by community members who claimed the demand was overly inflated.

As the community clashed over the issue, Cardano proponent Rick McCracken redirected their attention to a more pressing situation regarding ADA’s lagging prices.

In an X post, he shared a chart from TradingView pointing out ADA’s declining year-to-date price and asking for ideas on how to improve the situation since Cardano is set to become community-owned.

A community member responded, “We need more ADA holders,” asserting that more ADA holders will help the coin’s price.

Per the information on the chart, ADA’s dominance has fallen 0.6%, contributing to its displacement from the top ten digital assets by market capitalization.

Occupying 11th place, ADA is now trading at $0.36, down 4.58% in the last 24 hours. With no indication of an uptrend soon, institutional investors opt for a better alternative, RCOF.

Avalanche Discord Server Compromised After Polygon

Over the weekend, hackers took over the Discord servers of established blockchain projects like Polygon, Avalanche, and ZKSync, overturning control from the original modulators.

These bad actors immediately flooded all three servers with malicious links to fake token reward schemes. In Avalanche’s case, they directed people to click the link to receive free AVAX coins.

Avalanche’s attack happened less than 48 hours after Polygon had been hit. The AVAX team instantly took to Avalanche’s X page to alert the community about the situation, imploring them to avoid the platform until they regained control. After one hour, the issue was resolved with Ben Well, Avalanche’s community lead, notifying the community of the fix.

After Avalanche’s attack, ZKSync was also hit. Meanwhile, AVAX fell 2.50% to $26.32 in the last 24 hours, partly due to the market correcting. Given the lack of upside indication, AVAX whales are migrating to RCOF’s presale.

Smart Money Onboards RCOF’

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