The crypto market is pumping again, with the XRP price gaining traction. Meanwhile, Dogecoin (DOGE) has performed exceptionally, jumping by double digits over the past week. Despite these gains, investors increasingly flock to RCO Finance (RCOF), an upcoming presale token. 

Why are XRP and Dogecoin investors rushing to buy RCO Finance (RCOF)? Let’s find out!

XRP Price Climbs 3% in a Week: More Gains Coming?

XRP has performed decently over the past week, maintaining a green chart. On October 14, the XRP price was hovering around $0.5294. The XRP price began pumping the same day after Bitcoin (BTC) jumped past $66,000, triggering an altcoin rally. 

Also, on October 15, Ripple announced the partners of its Ripple USD (RLUSD) stablecoin. This generated massive hype, which saw the XRP price climb as high as $0.0.5626 on October 17 before backtracking. By October 21, the XRP price had stabilized at around $0.5482, marking a 3% weekly gain. 

Moreover, analysts believe the XRP price will continue surging in Q4 2024, potentially hitting $0.6200. Experts base this prediction on XRP attracting more investors once RLUSD launches. It is worth mentioning that RLUSD is only awaiting regulatory approval before it launches. 

Dogecoin Pumps 32% in a Week: Will Explosive Growth Persist?

Dogecoin has performed exceptionally well over the past seven days. On October 14, DOGE was changing hands at around $0.1104. After recording marginal gains, Dogecoin gained momentum on October 15 after DogeExpress revealed that Ventura Harbor Bar in Palmas, Spain, had started accepting DOGE payments. 

The buzz about this bullish development saw Dogecoin soar as high as $0.1463 on October 20. By October 21, Dogecoin (DOGE) had stabilized at around $0.1459, which means Dogecoin has surged 32% in a week. 

While Dogecoin faces resistance around the $0.1400 price range, analysts believe the meme coin can rise to $0.2000 if it breaches this resistance level. With Dogecoin being a favorite among speculative traders, analysts believe the token can achieve this feat if Bitcoin surges past $70,000, further fueling the ongoing altcoin season. 

RCOF Wows Investors With Huge Gains: More Growth Coming

With the XRP price showcasing slow growth, investors are moving to RCOF for better returns. Investors are purchasing this presale token because it has exhibited impressive growth thus far. As of October 21, RCOF had nearly raised $4 million in funding, making it one of the fastest-selling crypto ICOs in 2024. 

Astonishingly, RCOF has achieved this noteworthy milestone despite being in the early stages of its presale. Specifically, RCOF is currently in Stage 3 of its presale. The price of this presale token during this stage is $0.055. Once RCOF attains its projected listing price of $0.4-$0.6, Stage 2 investors will realize massive ROIs. 

Furthermore, analysts believe this presale token will soar meteorically once it launches on top  DEXs and CEXs. Also, analysts are pegging this prediction on this presale token, which is attracting hordes of investors because of its safety. This can be verified by the smart contract audit that SolidProof, a leading blockchain security firm, conducted. 

RCO Finance Wows The DeFi Space With Its Robo Advisor

As the XRP price struggles to reclaim the $0.6000 level, crypto investors adjust their portfolios to get the most out of the ongoing rally. However, this can be challenging, especially for novice investors. Luckily, RCO Finance, an upcoming DeFi platform, helps address this challenge with its unique AI and blockchain-powered tools. 

RCO Finance is quickly making inroads in the DeFi sector because of its trailblazing AI-powered robo advisor. This tool uses machine learning and algorithms to offer investors personalized investment tips. Investors can then use these suggestions to pick out high-potential opportunities from the 120,000+ assets on RCO Finance. 

In doing so, investors can easily diversify their portfolios with assets that match their risk tolerance and financial goals, increasing their profitability. Alternatively, investors can automate their accounts, enabling the robo advisor to modify their portfolios in real time. This enables investors to tap opportunities that would otherwise go unnoticed. 

The robo advisor’s data-based investment strategy also helps investors avoid emotional investing, often resulting in low profits or losses. This explains why investors are buzzing about this revolutionary tool. 

RCO Finance Offers Solid Hedging Options

With the XRP price facing resistance, a pullback might be needed. Investors are also diversifying their portfolios to hedge against potential losses. To simplify this process, RCO Finance supports tokenizing real-world assets (RWAs), exposing investors to illiquid assets like real estate and commodities.

In addition, RCO Finance boasts a pre-derivatives offering (Pre-DO), which lets investors trade decentralized derivatives like swaps, futures, and swaps. This explains why you should join RCO Finance to refine your investment experience. 

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Elmnts officially went live on the Solana blockchain, offering tokenized investment funds tied to mineral rights royalties.

The new platform offers a new investment avenue for retail and institutional traders to participate in high-yield assets with double-digit potential returns and low entry of $1,000 in investments.

Elmnts Makes Investing in Oil and gas Royalties Easy with Tokenization.

Elmnts said that, as a tokenized investment platform, it launched on Solana to facilitate access to funds underpinned by mineral rights royalties.

Royalties represent the passive income streams emanating from resources such as oil or gas extracted from properties owned by the underlying funds. Independently valued, mineral and royalty interests stand at approximately $700 billion.

Welcome @elmnts_ — tokenizing investment funds backed by oil and gas royalties on Solana ⛽

Try out their public beta, now live! pic.twitter.com/K172Ju9MmR

— Solana (@solana) October 22, 2024

Its launch underlined a growing role of Solana in the tokenized investment area, allowing investors to tap into a new direction that, up until this point, had not been accessible and yielded high returns.

The first beta release of Elmnts will grant access to investment opportunities in oil and gas royalties solely to its registered users, and it will soon expand to other commodities. Founders include Erich Schmidt, COO; Odai Ammar, CEO; Elias Moreno, CTO; James Pacheco, CPO; and developer Leonardo Galante.

Elmnts allows retail and institutional investors to learn about and invest in mineral rights-based tokenized funds. Double-digit yields are promised, and the minimum investment is US$1,000. One fund is offered at the moment, but more will be added soon.

Democratizing Access to High-Yield Investments

Elmnts increase liquidity and access to high-yielding assets previously unreachable by investors.

Mineral rights royalties guarantee long-term stable income from oil and gas, yet the general investment world is virtually unaware and untapped by them.

The platform, based on Solana, will be globally accessible; however, the accessibility of certain funds can also depend on the investor’s location. Indeed, the fast-growing trend of tokenized investment funds has seen the rapid expansion of various real-world assets getting tokenized for easier investor participation.

However, the last few days were not as good for SOL as one would think. The token price declined by 1.56% immediately after the Pump Fun Fee Account sold 40,000 SOL worth $6.68 million. The sale increased the market’s fears about Solana’s further price movement.

Tokenized Finance Takes Off: BlackRock Leads the Way

BlackRock launched the fully digitally native investment product, the USD Institutional Digital Liquidity Fund, based on tokenized US Treasury Bills. In no time, it grew to become the biggest tokenized investment fund, with more than $550 million managed across, says Etherscan.

This move underlines a growing trend in tokenized finance as other significant firms enter the space. Last September, Guggenheim Treasury Securities teamed up with Zeconomy to launch a digital commercial paper fund. Midas also launched two tokenized investment products, mTBill and mBasis, which post more diversification in digital asset investment.

The tokenization of such real-world assets like RWAs, which range from mineral royalties, is one path in nascent growth for the manners through which tokenization can ensure better liquidity, reduce costs, and open up hitherto illiquid investments.

Tokenization on the blockchain provides fractional ownership and, thus, continuous trading. Crypto enthusiasts hailed this as an essential step in changing financial markets forever, and Elmnts here is one of the ways to do that.

The SOL price stood at $156.17, up 1,76%. Some analysts think it could enjoy a 26x increase from its current price and rise to as high as $4,500. This is based on an analysis of a cup and handle pattern that just formed on the coin’s chart.

✓ Share:

Teuta

Teuta is a seasoned writer and editor with over 15 years of experience in macroeconomics, technology, and the cryptocurrency and blockchain industries. Starting her career in 2005 as a lifestyle writer for Cosmopolitan in Croatia, she expanded into covering business and economy for several esteemed publications like Forbes and Bloomberg. Influenced by figures like Don Tapscott and Bruce Dickinson, Teuta embraced the blockchain revolution, believing crypto to be one of humanity’s most crucial inventions. Her fintech involvement began in 2014, focusing on crypto, blockchain, NFTs, and Web3. Known for her excellent teamwork and communication skills, Teuta holds a double MA in Political Science and Law, enjoys punk rock, chablis, and has a passion for shoes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.