In recent developments, unique addresses on the BSC network have reached their topmost level in 30 days. A crypto expert asserted that this milestone could trigger a surge in the prices of the Binance Coin (BNB), Ripple (XRP), and RCO Finance (RCOF).
Could BSC’s landmark achievement impact the values of these top crypto coins? Read to find out.
BNB Addresses Hit 463 Million As Altcoins Find Support
Blockchain analytic firm Coin98 Analytics recently revealed that BNB Chain led the pack of popular blockchain platforms with the highest number of unique addresses in July. The analytic platform shared this information via a tweet on August 3. In the report, BNB Chain topped the list, followed by Polygon and Ethereum.
Notably, BNB Chain recorded a 1% increase in unique addresses created last month. Having started July with over 458 million addresses, the numbers exceeded 463 million by August 1. This growth marked a huge milestone for the blockchain, considering its inconspicuous presence lately.
Polygon’s unique addresses rose from over 442 million on July 1 to over 452 million on August 1, a 2% growth. Ethereum followed suit with a 1% uptick from over 274 million to over 277 million. Afterward came Tron, Fantom, Optimism, Base, TON, and Arbitrum.
Besides the surge in unique addresses, the daily transaction count also nudged upward. An anonymous pundit, commenting on BNB Chain’s success, stated that BNB could trigger an eruption in the prices of altcoins, given its reputation within the sector. Altcoins like Ripple (XRP), Polygon (MATIC), Solana (SOL), and RCO Finance (RCOF), an Ethereum-based cryptocurrency, will feel the impact of this development.
Meanwhile, BNB is having a rough patch, which is consistent with the entire crypto market. Between July 31 and August 4, BNB lost 15% of its market value, falling from $588 to $496. Nevertheless, RCO Finance breaks the trend and steps higher instead.
RCO Finance: Everything About The Decentralized Trading Platform
RCO Finance is a decentralized trading bourse built on Ethereum. It is composed of an artificial intelligence program, a robo-advisor, that uses its machine-learning ability to curate a tailored trading environment for users. It develops strategies that correlate with an individual’s financial goals and preferences, earning it the position of a personalized financial adviser.
By leveraging its predictive AI model, the robo-advisor can forecast the posterior price action of an asset using available data, such as historical performance, trends, and sentiments, allowing investors to make well-informed trading decisions.
Its conclusions are based on data rather than emotions and personal bias. With over 120,000 digital assets on RCO Finance, this AI tool can help investors round up the best trades and filter out the noise.
The platform itself is unique for its many benefits. For instance, users can get real-time AI-powered market predictions to enhance the accuracy of their trades. They can also borrow and lend funds with very low interest rates compared to other DeFi platforms.
Furthermore, users will be allowed access to a globally accessible debit card to facilitate onramp and offramp transactions. With the chance to trade up to 50X leverage, investors can significantly boost their returns. Through its automated market maker, users can provide liquidity to trading pairs and receive rewards, depending on the size of the liquidity provided.
Besides enjoying high yields from staking RCOF, stakers will also be rewarded for staking, which is one way to generate passive income. Its sound tokenomics system helps to nullify any attempt at spontaneously pumping and dumping the RCOF tokens. Moreover, SolidProof has fully audited its security to ascertain the safety of users’ funds.
Why BSC’s Growth Matters To RCOF
BSC’s recent development is significant to RCO Finance’s native token, RCOF, given its status as an altcoin. Historically, BNB’s price action has impacted the altcoins market, with several altcoins mirroring its performance. Hence, analysts believe history could repeat itself, and RCOF will be one of the beneficiaries of BNB’s potential stout rebound.
In the meantime, RCOF has progressed into Stage 2 of its public presale, with a 169% price increase to $0.0343. By the end of this stage, investors would be sitting on a 337% gain. When RCOF finally concludes its presale at a listing price of $0.4, the profit accumulated would have rounded up to 3,000%.
In practical terms, $100 invested in RCOF could become $3,000, representing a 30X surge. In addition to the profit projection of RCOF, holders will also receive quarterly dividends and tier-based rewards to boost their investments further.
Based on the information, RCO Finance can be considered one of the best cryptocurrency investments in the current bull cycle.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Also Read: RCO Finance Ethereum Token Pre-Sale Crosses $1 Million, 160% Hike for RCOF Imminent
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