Toncoin (TON) is approaching a new high as the asset gains upside momentum alongside the crypto presale token RCO Finance (RCOF).
While TON and RCOF climb up the charts, Notcoin (NOT) experiences a steep decline, causing the asset to lose a substantial portion of its market value after its launch earlier this year.
Let’s find out what is driving these shifts.
Bitget And Foresight Invests $30 Million In TON
The Open Network (TON) has secured a substantial investment from top crypto exchange Bitget and leading investment company Foresight Ventures after a recent coalition between the latter. Bitget announced this move in an X post on September 18.
According to the exchange, Bitget and Foresight Ventures are investing $30 million into the TON ecosystem.
The investment will be channeled towards improving GameFi and TapToEarn, games based on Telegram. Toncoin’s swift growth can be attributed to its integration into Telegram, which led to the birth of games like Hamster Kombat and Notcoin. With over 900 million people using Telegram, Toncoin is gaining significant exposure.
Since the integration, TON has achieved a 10-fold increase in DEX volume, Total Value Locked, and on-chain transactions. Since Toncoin’s debut, the asset and its ecosystem were the biggest crypto market growth in 2024.
This report has sparked a 2.27% increase in TON’s price to $5.64 in the last 24 hours, with Toncoin nearing a new high of $6.00.
RCO Finance Exhibits Bullishness Amid Increased Adoption
RCO Finance is making strides in its ongoing presale, leading gains across the crypto market. This development has drawn attention to RCOF and its host, RCO Finance. RCO Finance’s bullish response stems from its encountering similar multiple opportunities.
RCO Finance is an AI-powered platform that aims to transform crypto investing and trading processes by introducing an AI-driven tool.
This tool, dubbed a robo-advisor, will reshape conventional methods of investing so that investors need not be actively on the seat before they can trade. The robo-advisor will go through the entire investing process, such as research and analysis, executing trades, and monitoring trades on their behalf.
In addition to this revolutionary tool, RCO Finance grants access to over 120,000 digital assets to facilitate trading. With a long list to choose from, investors do not have to worry about what to invest in. They can create a diversified portfolio of financial instruments.
Blockchain security firm SolidProof ran a full audit of RCO Finance to ensure that users are not exposed to potential risks.
Notcoin Drops 75% From All-Time High
Notcoin enjoyed a grand reveal earlier this year when it launched on the Open Network (TON). The backing NOT received from millions of users saw the price peak at $0.029 in June 2024. marketer NOT has witnessed a steady decline ever since, dropping to $0.0075, losing 75% of its market value from its all-time high.
Notcoin crashed because of the massive sell-off from airdrop holders and Telegram’s CEO Pavel Durov’s arrest in August.
These events have negatively weighed NOT’s price, causing it to lose upside momentum. Yet, market players remain optimistic about a rebound occurring soon.
A successful uptrend will spin Notcoin to the next resistance at $0.011, marking a 50% increase in its current price. However, failure to enter an uptrend will lead Notcoin to $0.0057. Presently, NOT has gained 4.51% to $0.0077.
RCOF’s Presale Gains Momentum
RCOF is moving quickly in its presale, with more investors participating. Thus far, 21.7 million presale tokens have been sold for over $2 million. Amid this, a price increase is expected to follow in a few days.
RCOF is in Stage 2 of its presale, trading at $0.0343 per token at a 50% discount to early investors. Joining the presale at its current stage and price will allow investors to realize 16X profits when the presale ends.
The presale is expected to end at $0.6. An increase from its current price will deliver a 1,600% ROI, making RCOF one of the best cryptos to invest in today.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
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