In the ongoing bear conditions, the crypto world witnessed Binance, the world's leading crypto exchange, propel Chiliz (CHZ) to a significant milestone. However, the industry giant could shift its focus towards a new contender: RCO Finance (RCOF).
Binance recently announced its partnership with Chiliz (CHZ) to support the CHZ network upgrade and hard fork scheduled for June 17.
As part of this collaboration, Binance will temporarily suspend CHZ deposits and withdrawals one hour before the upgrade begins at 11 am. However, CHZ trading pairs will continue to be available for users without any interruptions.
After the hard fork, Binance will handle all the technical aspects seamlessly in the background to minimize any potential disruptions. Services like deposits and withdrawals will resume once the exchange confirms the network's stability post-upgrade.
This announcement comes at an interesting time, as CHZ has seen a significant drop in its price recently. Over the past week, the value of CHZ has decreased by 20.9%, and in the last 24 hours, it fell by 3.36%. As a result, Chiliz's total market capitalization has dropped from $1.02 billion to around $960 million since Binance announced its plans to support the CHZ network upgrade.
While Chiliz is known for its role in fan token governance within the decentralized finance (DeFi) realm, RCO Finance stands out by operating as a comprehensive peer-to-peer financial services platform.
The new project has particularly caught the attention of analysts and investors due to its unique approach to revolutionizing our day-to-day interactions with traditional finance.
By seamlessly integrating artificial intelligence (AI) into its operations, RCO Finance (RCOF) is set to become the first crypto platform that can function without any intermediary or human involvement.
At the heart of this groundbreaking project is its AI-powered robo advisor. This innovative trading tool continuously scans the crypto market for historical price data, live price movements, trends, and news events to assist investors in making well-informed decisions that maximize profits and minimize losses.
Furthermore, RCO Finance enables extra income generation through its staking system. Investors can earn investment returns by staking their RCOF tokens in a liquidity pool. This strategy is particularly suitable for those looking to generate returns without actively managing their investments.
The platform also offers a range of convenient features. For instance, the integration of debit cards allows users to have ownership stakes in DeFi projects, granting them greater accessibility and participation in the decentralized finance ecosystem.
Investors looking to capitalize on emerging opportunities in the crypto market can consider joining the RCO Finance (RCOF) presale, which offers several advantages.
By leveraging artificial intelligence, RCO Finance (RCOF) aims to democratize finance by putting everyday users in the driver's seat. Given its zero KYC approach, users aren't limited by financial statements, background, or geographic location.
The platform is currently in stage one of its presale, with tokens available for $0.0127 each. Recent analysis has predicted the token to multiply 30x during the presale phase alone, with even greater gains anticipated after the official launch.
Moreover, RCO Finance (RCOF) ensures complete decentralization for its presale investors. By owning RCOF tokens from the presale, users gain governance rights, which they can exercise by proposing and voting on changes within the RCO Finance ecosystem.
To top it off, RCO Finance employs a deflationary token model, where a portion of the tokens are gradually burned. This decrease in supply could drive up the value of the remaining tokens. The RCOF team has also taken steps to secure the project against rug pulls or scams by conducting audits and implementing safeguards.
For more information on the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
News source:https://www.kdj.com/cryptocurrencies-news/articles/rco-finance-rcof-presale-emerges-strong-contender-amidst-binance-chiliz-chz-partnership.html
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