The Bitcoin-triggered altcoin season has proved a boon for investors, leaving speculative traders asking whether a full-blown bull run is in the books. Interestingly, a renowned analyst believes RWA tokens like Maker (MKR) are poised to continue rallying.
Meanwhile, RCO Finance (RCOF), a new Ethereum altcoin, targets more gains after jumping significantly during its presale.
Why does this analyst believe Maker (MKR) and RCO Finance (RCOF) are bound to continue pumping? Read on to find out!
Maker Surges 10% in a Week: Analyst Says More Gains Coming
Maker, a top RWA altcoin, has performed well over the past seven days, recording double-digit gains. On September 21, MKR was changing hands at around $1,548. MKR gained momentum on September 23 after Bitcoin retested the $64,500 level, triggering a rally in the altcoin market.
This bullish trend saw Bitcoin (BTC) peak at $66,480 on September 27. Mirroring this price movement, Maker climbed as high as $1,717 the same day. By September 28, Maker (MKR) had stabilized at around $1,708. This price means MKR has surged 10% in a week.
While the 24-hour MKR trading volume is down 18%, Ali Martinez, a renowned crypto analyst, has spotted a bullish pattern that might see this RWA altcoin pump further.
Specifically, Martinez pointed out that the TD Sequential indicator has flashed four buy signals on MKR’s three-day chart, indicating it is time to stock up on this RWA altcoin.
RCOF Eyes More Presale Gains As More Investors Flock In
With RWA tokens taking the spotlight, RCOF has emerged as a top rival for MKR due to its utility within the RCO Finance ecosystem, which supports real-world asset tokenization.
RCOF has also gained ground because it is a deflationary altcoin with a limited supply of 800 million tokens, which primes it for sustainable growth.
Furthermore, RCOF is making headway in the RWA sector because its presale has showcased exceptional growth thus far. Notably, RCOF has secured $2.20 million in its presale thus far.
As of September 28, RCOF was in Stage 2 of its quickly selling-out presale. Investors can now purchase RCOF at $0.0344. This price offers an appealing entry point because RCOF is set to launch at a projected price of $0.4-$0.6, rewarding investors with enormous returns.
Moreover, experts predict that increasing demand will see RCOF surpass MKR’s 1,000% pump in 2021 before the end of 2024. Experts believe RCOF’s demand is partially driven by the fact that SolidProof, a top player in the blockchain security firm, audited its smart contract, attesting to its safety.
RCO Finance’s RWA Tokenization Capabilities Win Over Investors
RCO Finance has taken the DeFi space by storm because it exposes investors to the best crypto and TradFi sectors.
This budding project’s unique offering stems from its ability to tokenize real-world assets (RWAs) like commodities and real estate while supporting crypto and decentralized derivatives.
To give investors a smooth experience while investing in the 120,000+ crypto and TradFi assets it supports, RCO Finance provides a host of next-gen AI and blockchain-powered tools. The most remarkable feature of the RCO Finance ecosystem is its AI-powered robo advisor.
The robo advisor uses machine learning and advanced mathematical computations to glean real-time market information before making data-driven investment recommendations.
This approach distinguishes the robo advisor from traditional financial advisors, who primarily depend on cognitive biases to offer investment advice.
Through its data-driven predictions, the robo advisor can inform investors when to enter or exit positions on specific assets. This helps investors make informed investment decisions, increasing profits and reducing risk.
Besides its robo advisor, RCO Finance has cemented its position as a leading investment platform because it does not require users to submit KYC information while signing up. Additionally, the platform offers RCOF holders tier-based dividends.
So, what’s holding you back? Join RCO Finance now and enjoy free access to professional investment tools.
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
The post Top Analyst Says RWA Tokens Like MKR and this Altcoin Rival Under $0.03 are Preparing for a Bullish Breakout appeared first on Blockonomi.
