The crypto market has performed dismally over the past week, with most altcoins recording massive losses. However, a recent crypto report has revealed that tokens attached to Ethereum DEXs like Aave (AAVE) and RCO Finance (RCOF) will take over the market in September.
Why are Aave (AAVE) and RCO Finance (RCOF) the top Ethereum DEXs to invest in September? Let’s find out!
Aave (AAVE) Gains 8% in a Week: Will Bulls Persist?
AAVE has performed laudably over the past week. On August 28, AAVE was changing hands at around $124.90. After days of range-bound trading, AAVE gained traction on September 3.
This bullish momentum came after Aave rolled out Sky Aave Force, an initiative to bridge the gap between DeFi and TradFi.
This development saw AAVE jump as high as $138.17 on September 4 before stabilizing at around $137.20. This price means AAVE has gained 8% in a week. Moreover, the 24-hour AAVE trading volume is up 157%, indicating a massive buying force.
Based on this enormous buying force and the recent launch of Sky Aave Force, experts expect AAVE will continue pumping in September. This explains why Aave is one of the best Ethereum DEXs to invest in.
RCO Finance Outshines Ethereum DEXs With Its Crypto AI Features!
With most crypto market bleeding, RCO Finance has seen hordes of investors flock to its platform. Investors are embracing RCO Finance because its AI and blockchain-powered features have helped position it among the leading Ethereum DEXs in the crypto market.
In particular, RCO Finance’s AI-powered robo advisor has captivated investors because it is a financial expert available 24/7.
The robo-advisor differentiates itself from traditional financial advisors by using advanced algorithms and machine learning to offer data-based investment suggestions.
Specifically, the robo advisor uses algorithms and machine learning to gather actionable data from the 120,000+ crypto and TradFi assets RCO Finance supports.
The robo-advisor then pairs this data with an investor’s risk profile and financial goals before suggesting if the investor should enter, exit, or double down on specific positions.
Through this approach, the robo advisor helps investors minimize risk exposure and increase chances of profitability. Furthermore, this approach enables investors to eliminate cognitive biases and emotions of fear and greed from their investment strategies.
The robo-advisor can also complete trades on an investor’s behalf. In doing so, the robo advisor does not need to inform the investor when an opportunity arises but instead grabs it.
This level of automation ensures investors take advantage of all market opportunities that match their preferences.
To complement the robo advisor’s next-gen capabilities, RCO Finance offers up to 1,000x leverage on some trades. This high leverage gives investors ample capital to bet on high-potential assets.
These features explain why RCO Finance is toppling renowned Ethereum DEXs as it strives to push the DeFi sector to a new era.
RCOF Set To Deliver Huge Returns In September and Beyond!
Apart from its versatile DeFi platform, RCO Finance partially attributes its swift success to its native token, RCOF. RCOF has captured investor attention because it boasts a relatively low supply cap of 800 million tokens. Also, RCOF has a deflationary to keep inflation in check.
Furthermore, RCO Finance offers dividends to RCOF holders. RCOF HODLers can also propose and vote on governance proposals, shaping the RCO Finance ecosystem. It is worth noting that SolidProof, a top blockchain security firm, audited RCOF’s smart contract. This step helped increase investor confidence in the token.
As of September 4, investors can purchase RCOF at $0.0344, its Stage 2 price. This price will increase to $0.0558 when RCOF enters Stage 3. This price difference denotes a 62% surge. Interestingly, these returns are set to increase periodically as RCOF moves toward its projected listing price of between $0.4 and $0.6.
When RCOF soars to $0.6, Stage 2 investors will enjoy a staggering 1,644% ROI. This ROI exceeds AAVE’s historic 860% surge between Q4 2020 and Q1 2021.