For years now, the XRP price has struggled to maintain bullish momentum and finally reach the coveted $1 mark. Many Ripple investors are fed up with XRP’s slow movements, prompting them to jump ship and look at more lucrative projects.
Also, an expert who predicted Ripple’s 2020 crash recently stated that a new project, RCO Finance (RCOF), will reach $1 way before the XRP price does. Many Ripple investors agree and have been accumulating RCOF during the presale.
An SEC Appeal in Landmark Ripple Case Causes the XRP Price To Dip
While most altcoins marked positive monthly movements, XRP did the opposite, with the XRP price dipping by 2.51% in the past 30 days. Now, the XRP price is trading around the $0.52 mark, with XRP unable to breach $0.6 yet again.
This dip in the XRP price can largely be attributed to more trouble with the SEC. Namely, the SEC recently appealed the decision made in a 2023 court ruling with Ripple, a ruling that announced that XRP is not a security.
After a three-year battle between the SEC and Ripple, Ripple might, yet again, have to start the process all over, leaving Ripple investors wary of these constant blocks.
Also, even though XRP isn’t considered a security when sold to retail investors on exchanges, it is still considered as an unregistered security when sold to institutional investors.
So, institutional investors might want to steer clear of XRP so they don’t get in legal trouble while purchasing it. This directly impacts the XRP price, as institutional investors usually buy large sums of tokens at once, which boosts the token’s price.
As Ripple faces more trouble with the SEC, experts say the XRP price will continue to decrease, and the $1 mark is still far away. The expert who predicted the 2020 Ripple crash agreed, stating that Ripple investors shouldn’t expect the XRP price to reach $1 anytime soon.
RCOF Is Well on Its Way to $1
Recently, many experts banded together to share what they think are the most promising crypto investments of the year. RCO Finance’s RCOF was part of their lists, with experts saying that RCOF will go straight to $1 once it launches on exchanges.
Experts praise RCO Finance because of its unique and promising utility. With RCO Finance, people can get a tailored, data-driven, and lucrative investment strategy and have it automated so it runs without much intervention.
This is possible with the RCO Finance AI Robo Advisor. This advanced technology asks you about your financial goals, market preferences, and risk tolerance and uses real-time and historical data to create a tailored investment strategy.
This strategy will be based only on your preferences and data, meaning that you’ll finally be able to remove emotions from your trading. Also, RCO Finance uses advanced Machine Learning models to digest real-time financial data from sources like Bloomberg and Reuters and implement it in your strategy in real time.
With this, you’ll be able to catch all market movements and changes, allowing you to frontrun all other traders and make accurate forecasts of where the market will go. This is also great in times of increased volatility, as the regular investment updates that RCO Finance does will help you profit even in such times.
RCOF: Over 2,800% Gains Await
A leading blockchain security firm, SolidProof, has already audited RCO Finance. The RCOF presale has already raised over $3 million, showing just how interested major investors are.
Currently, RCOF is in Stage 2 in its presale, available for $0.0343. Experts say that RCOF will reach the $1 mark just a few weeks after it gets listed on exchanges, allowing current RCOF investors to realize over 2,800% gains in record time!
For more information about the RCO Finance Presale:
