Top Altcoin To Buy Now: This One Just Secured A Major Institutional Backer
The post Top Altcoin To Buy Now: This One Just Secured A Major Institutional Backer appeared on BitcoinEthereumNews.com.
Investors are once again searching for the top altcoin to buy following the bullish sentiment surrounding Bitcoin’s bounce-back to $94,000 levels. However, meme coins are out of the question. Most major utility altcoins (XRP, SOL, and ETH) are also unable to push past 200% gains year-on-year. Therefore, savvy investors are turning to early-stage altcoins. One new crypto that’s particularly breaking headlines is RCO Finance (RCOF). It is an AI altcoin that just got a major $7.5 million VC backing in its presale. Experts believe institutions are warming up to RCO Finance’s disruptive AI-powered investing solutions and DeFi trading platform. Moreover, with the surge of institutional investors (that will also pull retail money) into the RCOF presale, analysts see a 41,300% explosion by Q3. Which Crypto is the Top Altcoin to Buy Now? One VC Backs RCO Finance (RCOF) with $7.5M The age-old debate of the top altcoin to buy now has been reignited after Bitcoin (BTC) broke past the psychological $90k mark after dropping to $78,000 earlier this month. The market is heating up, and investors are already scooping up tokens across the board in anticipation of another bull run. Interestingly, buying trends show that traders are favoring utility altcoins like XRP, SOL, and ETH over meme coins. Their reputation took a massive blow over controversial government-backed tokens like TRUMP, LIBRA, and MELANIA. Meme coins are still the top 10 gainers on CoinMarketCap across the past week. Still, their volatility undermines their investment potential compared to the top utility altcoins. That said, institutional investors do not seem convinced with established utility tokens. It’s due to their historic year-on-year returns of around 150-200%. That’s why one major venture capital (VC) firm is shifting attention toward presale-stage utility altcoin. It is already backing RCO Finance (RCOF) with a whopping $7.5 million in…
Filed under: News - @ April 30, 2025 7:23 pm