Following a market downtrend in early October, major altcoins like Litecoin and TRON have posted gains. Meanwhile, active investors are selling these tokens to invest in the new offering—RCO Finance.
Litecoin's Market Performance
Over the past week, Litecoin has gained in value, starting at $63.99 on October 2 and reaching as high as $67.82 by October 7, fueled by the recovery of Bitcoin. However, by October 9, it stabilized around $65.83. Despite this, the 24-hour trading volume fell by 18%, indicating that investors are selling LTC to purchase RCO Finance.
TRON's Growth Amid Announcements
TRON has seen modest growth over the last week, starting at $0.1535 on October 2 and climbing to $0.1603 by October 8, aided by TRON DAO's September report and Bitcoin's partial recovery. As of October 9, TRON stabilized at $0.1596, with a 24-hour trading volume increase of 24%, showing investor interest in moving towards RCO Finance.
Interest in RCO Finance Rises
RCO Finance has captured the attention of top Litecoin and TRON investors as it acts as the base currency and governance token of the platform. SolidProof's audit has secured investor trust, leading to over $2.90 million raised during the presale phase. Expectations are that the token will surge 2000% by Q4 2024 and might replicate Litecoin’s 7800% increase observed in 2017.
Recent market shifts have highlighted the resilience of altcoins like Litecoin and TRON, yet investor focus is increasingly shifting toward the new prospect of RCO Finance. Time will determine whether the optimistic or cautious predictions will prove accurate.