Thu, September 12

Major Fund Managers Weigh in on the Ethereum Price Reaching $166K, RCOF and AAVE Would Benefit  

Major Fund Managers Weigh in on the Ethereum Price Reaching $166K, RCOF and AAVE Would Benefit   Press Release

Market experts and leading fund managers believe that Ethereum (ETH) is set to experience a significant price rally after the recent approval of the Ethereum ETF. Hence, the latest Ethereum price predictions have inspired numerous crypto traders to invest in Ethereum-based tokens such as RCO Finance (RCOF) and Aave (AAVE).

RCO Finance Offers Direct Investments In Real World Assets and a Powerful Robo Advisor

RCO Finance is an Ethereum-based DeFi trading platform that provides seamless access to an extensive range of Real World Assets. Therefore, RCO Finance users can embrace the most viable investment possibilities in stocks, commodities, derivatives, bonds, and Ethereum ETFs without the need to convert their crypto holdings into fiat.

In addition, traders can take advantage of RCO Finance’s Artificial Intelligence-powered trading tools to obtain advanced analytical insight. 

For example, the convenient AI Robo Advisor offers accurate market predictions and customized trading strategies by analyzing real-time data and traders’ long-term investment objectives.

RCO Finance’s native token, RCOF, offers several attractive benefits, such as staking rewards, discounted transaction fees, and governance privileges. In addition, RCO Finance has introduced a tier-based rewards system for RCOF holders.

Don’t hesitate to visit RCO Finance right away. The platform has eliminated all kinds of KYC procedures. Furthermore, leading security firm SolidProof has completed RCO Finance’s smart contract audit.

Could Ethereum Reach $166,000 After Ethereum ETF Approval? 

According to CoinGecko’s recent study, top crypto analysts and major fund managers have predicted that Ethereum will reach an average price of $6,404 by the end of 2024. 

ETH investors can expect a 146.30% surge in the forthcoming Ethereum price movements, as ETH traded around the $2,600 price range during the first half of August.

Standard Chartered gave the most optimistic Ethereum price forecast 2024, stating that Ethereum could rise as high as $8,000. On the other hand, Ark Invest’s Cathie Wood expects a bullish rise to $166,000 by 2032.

These positive Ethereum price predictions are based on several factors, such as the historical Ethereum price trajectory and the enormous potential of the recently launched spot Ethereum ETFs. As per The Block’s report on July 23, spot ETH ETFs generated more than $1 billion in total trading volume on their first day of trading.

Crypto Price Prediction: Will AAVE Increase to Over $135?

AAVE bulls are confident that the expected Ethereum price surge will positively impact AAVE’s imminent market performance. In addition, crypto analyst Michael van de Pappe recently stated that AAVE holders can expect a continued bullish run if the token exceeds the $135 threshold. 

Meanwhile, founder Stani Kulechov pointed out that Aave had reached an ATH in weekly active borrowers during the second week of August. 

On the other hand, AAVE bears warn that the token’s drops below the $95 price range during the first half of August could be followed by more pronounced corrections within the following weeks. In the worst-case scenario, AAVE could decrease to under $70 by the middle of September. 

Hence, many AAVE investors have decided to embrace RCO Finance’s excellent growth potential.

Early RCOF Adopters Are Looking at a Massive 1,600% ROI

RCOF has raised over $1.46 million, as investors have already bought nearly 10% of the token’s Stage 2 supply. Thus, holders will receive over 62% gains when RCOF surges from $0.0342 to $0.0558 at Stage 3 of the RCO Finance presale. 

However, early RCOF investors can expect as much as 1,600% gains when the token attains the projected listing price of $0.60, which means that $100 invested today could soon become more than $10,000. 

Additionally, RCOF could increase to around $1.50 in the first months after the official launch, as the token will obtain a full European and global license. Meanwhile, Ethereum and AAVE investors are rushing to buy RCOF ahead of the upcoming Ethereum price rallies.

For more information about the RCO Finance Presale:

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.