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Highlights
- COTI cryptocurrency comes across as one of the world’s first blockchain protocols which offers decetralised payments solution.
- It is designed specifically for merchants, payment DApps and stablecoin issuers.
- According to CoinMarketCap, the COTI was trading at US $0.362084 with a 24-hour trading volume of US $15,15,13,976.
COTI cryptocurrency comes across as one of the world’s first blockchain protocols, which offers decetralised payments solution and is designed specifically for merchants, payment DApps and stablecoin issuers. COTI offers the establishments a unique payment solution which helps the users save a lot of time as well as transaction cost.
As an ecosystem, which aims to meet the challenges with the traditional finance, COTI with its DAG-based protocol offers a system which is completely scalable, private, inclusive and fast. Here DAG stands for Directed Acyclic Graph. DAG protocol is a block-less blockchains where there are no miners or blocks. The graphs are acyclic in nature, which ensures that the transactions cannot be duplicated and can confirm themselves automatically based on previous transactions. As there are no miners, the time spend to confirm a particular transaction is less and thus there are also no fees that are charged on the protocol.
Also read: Convergence crypto: Will prices fall again after surge?
Working on the Proof-of-Trust consensus, the COTI protocol offers scalability, simplicity, buyer-seller protection, cost effectiveness, instantaneity and security. It has a superior transaction speed as well with 10,000 TPS.
What makes COTI unique
COTI allows seamless online and offline payment facility to its users. Users can make payments using crypto and stablecoins. Users can also use the fiat to make payments using credit cards and even native coins. With COTI users can enjoy the benefit of having control of their data as well as their fund, the transactions are secure and transparent in nature.
COTI is also used to develop an end-to-end solution for building blockchain-based loyalty networks, through which the users too can be rewarded and earn loyalty tokens to their wallet. It also offers alternate revenue streams to the users and gives the users and users and merchants to make seamless transactions.
Also read: Will Adventure Gold’s (AGLD) price surge post Coinbase listing?
Is COTI a good investment for you?
COTI is ranked 158 on CoinMarketCap as per Market Cap and has grown strongly in the crypto market. According to CoinMarketCap, the COTI was trading at US $0.362084 with a 24-hour trading volume of US $15,15,13,976. At the time of writing (BST 3:00 pm), COTI was up by 2.42% in the last 24 hours largely to the volume spike of 23.54%. COTI currently has a live market cap of $ $31,45,32,058 with a circulating supply of 86,86,72,118 COTI coins.
COTI does present itself as good short-term profit-making coin. For investors who are looking to take advantage of a cryptocurrency to buy the dip, COTI is definitely a token worth considering.
According to wallet investors, if one wants to invest US $100 in COTI today, one could see their profit soar by +298.31% in the next few months. The five-year prediction projects that the price could go up to US $398.31.
