For years, the price of XRP has struggled to maintain upward 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 turn to more lucrative ventures.
Furthermore, an expert who predicted Ripple’s collapse in 2020 recently said that a new project, RCO Finance (RCOF)will reach 1 dollar well before the price of XRP. Many Ripple investors agree and have accumulated RCOF during the presale.
SEC appeal in landmark Ripple case sends XRP price tumbling
While most altcoins saw positive monthly movements, XRP price did the opposite, with a 2.51% shot over the last 30 days. Today it is trading around 0,52 $, and XRP fails to rise above $0.6 once again.
This drop in the price of XRP can largely be attributed to new problems with the SEC. Indeed, the SEC recently appealed a court decision in 2023 against Ripple, ruling that XRP is not a security.
After a three-year battle between the SEC and Ripple, Ripple may, once again, have to start the process from the beginning. It would then let investors be wary of these constant blockages.
Additionally, even though XRP is not considered a security when sold to retail investors on exchanges, it is still considered an unregistered security when sold to institutional investors.
Institutional investors might therefore want to avoid XRP so as not to get into legal trouble buying it. This has a direct impact on the price of
As Ripple has more and more problems with the SEC, experts believe that the price of XRP will continue to fall and the $1 mark is still far away. The expert who predicted the Ripple crash of 2020 agrees, stating that Ripple investors should not expect the price of XRP to hit $1 anytime soon.
RCOF is on track to reach $1
Recently, many experts have come together to share what they think are the most promising crypto investments of the year. RCO Finance’s RCOF was among their lists, with experts saying that RCOF will directly hit $1 once it launches on the stock markets.
Experts praise RCO Finance because of its unique and promising utility. With RCO Finance, people can get a personalized, data-driven, lucrative investment strategy and automate it to work without much intervention.
This is possible thanks to the AI robo-advisor RCO Finance. This advanced technology asks you about your financial goals, market preferences and risk tolerance, and uses historical and real-time data to create a tailored investment strategy.
This strategy will be based solely on your preferences and data, meaning you can finally take emotions out of your trading. Additionally, RCO Finance uses advanced machine learning models to assimilate real-time financial data from sources such as Bloomberg and Reuters and implement it into your real-time strategy.
This way, you will be able to catch all the movements and changes in the market, which will allow you to be ahead of all other traders and make accurate predictions about market developments. It is also very useful in times of increased volatility, as the regular investment updates made by RCO Finance will help you make profits even in such times.
RCOF: More than 2,800% gains in perspective
SolidProof, one of the leading blockchain security companies, has already audited RCO Finance. The RCOF presale has already raised over $3 million, showing just how interested big investors are.
Currently, RCOF is in stage 2 of its pre-sale, available for 0,0343 $. Experts estimate that RCOF will hit the $1 mark just a few weeks after its listing on the stock exchange, allowing current RCOF investors to realize gains of over 2,800% in record time!
For more information on the RCO Finance presale:
Join the RCO Finance community
