CryptoQuant CEO Foresees Bitcoin Surge to Boost Altcoin Season, Highlights Potential of AI Tokens

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Ki Young Ju, a renowned crypto analyst and the founder of CryptoQuant, is optimistic about a resurgence in the cryptocurrency market. He specifically anticipates a significant upward movement in Bitcoin (BTC), which he believes will catalyze an altcoin season, particularly benefiting crypto AI tokens such as Artificial Superintelligence Alliance (FET) and RCO Finance (RCOF).

### CryptoQuant CEO Predicts Bitcoin Surge to Ignite Altcoin Season

Ki Young Ju recently presented a compelling argument for Bitcoin’s (BTC) bullish future amid the ongoing downturn in the crypto market. In a post on August 21, he pointed out that Bitcoin’s bull rally traditionally commences in the fourth quarter during the halving cycles. According to Ki Young Ju, large-scale investors, known as whales, are unlikely to allow a stagnant Q4 performance, suggesting that exciting developments are on the horizon.

Bitcoin has historically been a precursor to altcoin seasons; hence, a rise in Bitcoin’s price could trigger substantial gains in AI-focused tokens like the Artificial Superintelligence Alliance (FET). As AI functionalities gain traction, these tokens are emerging as a prominent niche within the cryptocurrency sector.

### Current Performance and Future Prospects of FET

Despite Ki Young Ju’s optimistic outlook, FET has been underperforming recently. On September 1, FET was valued at approximately $1.17 but gained some momentum on September 2 following a partnership between Fetch.ai and GameSwift. This collaboration aims to bridge blockchain technology with gaming, causing FET to peak at $1.26 on September 3. However, the initial excitement waned, leading to a downward correction, with FET stabilizing around $1.08 by September 8—a 7% decline over the week. Additionally, the 24-hour trading volume for FET dropped by 31%, reflecting a decrease in investor interest as they await the next altcoin season.

### RCOF: A Promising Contender in Its Pre-Sale Phase

While leading AI tokens like FET are facing challenges, RCO Finance’s Ethereum token (RCOF) is drawing significant investor attention. This interest is due to RCO Finance’s innovative crypto AI features and its limited token supply of 800 million, coupled with a deflationary mechanism to control inflation.

As of September 8, RCOF was in Stage 2 of its public pre-sale, offering tokens at $0.0344. The price is expected to rise progressively through subsequent stages before launching between $0.4 and $0.6. Analysts predict that RCOF’s debut on major exchanges might exceed FET’s impressive 1,280% surge from Q4 2023 to Q1 2024.

Besides its growth potential, RCOF has become one of the top AI tokens because it provides benefits such as voting rights and dividends from RCO Finance’s revenue. The smart contract for RCOF has also been audited by SolidProof, a leader in blockchain technology, further boosting investor confidence.

### RCO Finance: Revolutionizing Investment with AI-Powered Robo Advisor

RCO Finance is poised to attract a substantial number of investors due to its pioneering AI and blockchain-driven features. The flagship feature of the RCO Finance platform is its AI-powered robo advisor. This tool utilizes advanced algorithms and machine learning to provide data-driven investment recommendations.

The robo advisor continuously monitors over 120,000 crypto and TradFi assets available on the RCO Finance platform. It then advises investors on optimal times to enter or exit positions or to increase their investment in specific assets, thereby minimizing risk and maximizing profitability.

This data-centric approach helps investors make well-informed decisions, eliminating cognitive biases and emotional factors like greed and fear from their strategies, ultimately leading to more successful trading outcomes.

Moreover, the robo advisor offers free tax and financial legal advice, ensuring that investors remain compliant while diversifying their portfolios with various assets. These assets include real-world assets (RWAs) like real estate, foreign exchange (FX), and shares, as well as decentralized derivatives such as swaps, futures, and options.

RCO Finance is also making waves by offering benefits like up to 1,000x leverage on certain trades, a pre-derivatives offering (pre-DO), non-KYC debit cards, yield farming for passive income, and near-zero trading fees.

### Conclusion

Ki Young Ju’s insights suggest that now is an opportune moment to engage with the crypto market. Join the RCO Finance pre-sale to access these next-generation trading tools and capitalize on the forthcoming altcoin season.

  • Priyanka

    Priyanka works in NYC as freelancer editor for one of the famous entertainment news blog.

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