RCO Finance (RCOF) Presale Beckons AVAX and ADA Investors Disheartened by Slow Market Reactions

Avalanche (AVAX) has become home to Franklin Templeton’s money market fund via a recent blockchain-centered integration. Also, Cardano (ADA) has deferred the long-awaited Chang hard fork due to slow

Asset manager Franklin Templeton has integrated its money market fund with blockchain technology through a recent move with Avalanche (AVAX). In other news, Cardano (ADA) has pushed back the highly anticipated Chang hard fork due to slow pacing from centralized exchanges.

These developments have sparked mixed reactions among AVAX and ADA investors, with some seeking greener pastures in the presale of RCO Finance (RCOF). Here's a closer look at what's driving investors toward RCOF.

Franklin Templeton Launches Blockchain Fund on Avalanche

On August 24, 2024, a strategic move by asset manager Franklin Templeton saw the launch of the first-ever on-chain United States Government Money Fund, which has been integrated into the Avalanche blockchain. This money market fund marks the "first of its kind" on Avalanche, as stated by the AVAX team.

With this recent integration into Avalanche, institutional investors are now able to access Benji Investments, which is Franklin Templeton's blockchain-based storage for digital assets.

The decision to leverage Avalanche is a result of a digital asset initiative that began in 2018. During an interview session, John Wu, the President of AVA Labs, expressed his enthusiasm regarding the fund finally launching on Avalanche. He described the event as a "foundational piece" while explaining its significance to the blockchain network.

Meanwhile, AVAX's reaction to the report has faced criticism. The asset moved 1.67% to $27.08 in the last 24 hours since the news broke, which was supposedly below expectation. However, another cryptocurrency from the Ethereum network has caught the attention of AVAX investors.

Cardano Founder Postpones Hardfork: Here's Why

According to a recent update, the upcoming Chang hard fork set on Cardano has been postponed to a new date. Cardano founder Charles Hoskinson confirmed the defer in a tweet on August 23. He noted that certain centralized exchanges, such as Binance, require more time to get their affairs in order before the upgrade.

The Chang hard fork can usher Cardano into the Voltaire era, an eon of complete decentralization in which decisions apropos to the protocol will take place through general voting.

Initially, the upgrade was scheduled for August 27, with final go/no-go decisions to be made on August 23. The date has, however, been shifted to September 1, giving the remaining exchanges enough time to hop aboard.

Charles Hoskinson asserted that nothing would hinder the upgrade from happening, likening it to a rocket yet to take off. Following the news, ADA only rose 0.83% to $0.393. As a result of the sliver surge, ADA investors are migrating to RCOF's presale for more gains.

RCO Finance's Bullish Outlook Stems from Its Robo Advisor

AVAX and ADA investors are leaning towards RCOF due to the bullish outlook of the Ethereum project. This bullishness stems from its robo-advisor pulling many users to the platform through its incredible features.

The robo advisor is a self-operating tool powered by artificial intelligence technology and machine learning programs designed to render automated investment services to users.

It offers personalized algorithmic investment strategies that align with each investor's financial goals, needs and risk tolerance. Moreover, its machine-learning programming enables it to discern them.

It also helps navigate the 120,000 digital assets available on RCO Finance. It points out the most lucrative ones using its analytic ability. Users can then build a diversified portfolio based on its recommendations to boost profit.

RCO Finance is the best platform to stake assets for high ROI and rewards, trade multitudinous assets with cryptocurrencies to avoid fiat conversion, collect low-interest loans, and trade without undergoing KYC. The platform integrated Fireblocks to enhance security and went through a smart contract audit by SolidProof to detect lurking vulnerabilities. It will also operate according to the European Union's Market In Crypto-Asset (MiCA) regulatory provisions.

RCOF’s Unveils Solid Tokenomics, Utility, and Presale

The platform thrives on a strong tokenomics system in which its native token is carefully distributed to ensure smooth and seamless running. RCOF has a circulating supply of 800 million tokens. Of these, 50% has been allocated for presale, 10% for protocol management, and 12% for liquidity, which will be locked away for three years.

As the governance token of RCO Finance, holding RCOF will offer each holder a voice in the administration of the ecosystem.

The holder will also receive designated rewards such as quarterly dividends, tier-based rewards, airdrop access, and priority customer support. The tiered reward will be distributed to investors holding $50,000 or more RCOF tokens.

RCOF is in Stage 2 of its presale, trading

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