Toncoin (TON) is currently experiencing a decrease in momentum after a period of significant growth. However, there is a surge of interest in Ethereum DEX Aave (AAVE) due to a recent update. RCO Finance is also gaining popularity as investors flock to its presale.

What are the factors behind the growth of Aave and RCO Finance? And can these Ethereum DEXs continue to make gains? Let’s find out.

Toncoin Slumps By 17.5% In One Month

After a remarkable surge in Q2 2024, driven by the popularity of tokens built on the Toncoin network, TON has dipped, losing 17.5% in the past 30 days. At its peak, TON rose to an all-time high (ATH) of $8.10. However, it is currently trading below $7.00.

Analysts attribute this slump to reduced interest in Toncoin-based cryptocurrencies. This reduced attention is evident in the decreased trading volume on the Toncoin network. Trading volume has fallen by 61.7% since its peak about a month ago.

Crypto experts predict that TON could rebound to $9.21 by the end of 2024, as more Toncoin-based tokens are being developed.

RCO Finance Attracts Significant Investment During Ongoing Presale

RCO Finance has become one of the most popular Ethereum DEXs in recent months due to its innovative offerings, substantial presale profits, sound tokenomics, and significant growth potential.

The project allows crypto enthusiasts to trade and invest in real-world assets (RWAs) such as stocks, commodities, bonds, ETFs, etc., using their crypto assets. The trading platform eliminates the need for brokers, provides up to 50x leverage, and offers low trading fees.

RCO Finance also integrates artificial intelligence into its trading platform. The AI robo advisor, utilizing advanced algorithms and machine learning techniques, generates trading insights. These insights improve profitability, reduce time spent monitoring the markets, and minimize the impact of human errors and biases on trading outcomes.

Additionally, the protocol allows users to lend their crypto assets to earn interest. They can also provide liquidity to various trading pairs, support RCO Finance’s automated market-making (AMM) feature, and earn rewards.

These revolutionary offerings have helped RCO Finance raise $1.3 million during its presale.

Aave’s Fee Switch Feature Triggers Price Pump And Whale Accumulation

As Toncoin declined, Aave emerged as one of the thriving Ethereum DEXs. The AAVE token has gained 20.3% in the past 30 days and 13.3% in the past week.

Analysts attribute this surge to the announcement of a new Fee Switch feature about a month ago. This feature allows token holders to share in the Aave network’s $60 million annual profit. The move boosted AAVE’s value proposition, resulting in the price increase.

AAVE’s pump has also led to a frenzy of whale accumulations. Large holders reportedly purchased 58,848 AAVE worth $6.47 million from exchanges in just two days. Experts predict that AAVE will continue to rise in value, reaching $300 by the end of 2024.

Purchase RCOF And Enjoy Attractive Benefits

RCO Finance’s strong tokenomics are also contributing to its success. The protocol’s native token, RCOF, has a total supply of 800 million. Half of this is allocated to the public sale, ensuring that the community has the most stake in the project. The team and advisors receive 4% and 2%, respectively, while 20% is allocated to ecosystem development, and liquidity receives 12%.

Interested investors can buy RCOF for $0.0343 in Stage 2 of the ongoing presale. Stage 1 investors will make 30x their initial investments, while Stage 2 investors will earn a 1066% profit.

In addition to these significant profits, RCOF holders gain voting rights on governance proposals and enjoy significant discounts on trading fees. They can also stake their tokens and earn attractive rewards, as well as receive a share of the platform’s revenues in the form of dividends.

Join the RCO Finance community and be part of the success while enjoying these exciting perks.

For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community