Why are COTI, LTX cryptos drawing attention today?

Highlights

  • COTI holds 143rd rank with a live market cap of US$380.8 million, and LTX holds 470th rank, with a live market cap of US$66.2 million.

  • COTI’s circulation is 868.6 million, but its maximum supply is 2.0 billion coins. 

  • Lattice Token (LTX) has a circulation of 28.6 million and a maximum supply of 100 million. 

Cryptos COTI and Lattice Token (LTX) were drawing significant interest from investors Thursday for no apparent reason. 

In a separate development, Cornell University law professor Saule Omarova was set to be nominated to head the Office of the Comptroller of the Currency (OCC), Bloomberg reported. 

She had made some critical remarks about cryptocurrencies in the past.

But no matter how susceptible or volatile the crypto market is, enthusiasts are not ready to settle down for less. Here we discuss two cryptos that saw high trading volumes on Thursday. 

COTI (COTI)  

COTI was trading at US$0.4425 at 5:46 pm IST. Its price was up 29.39% over the past 24 hours to Thursday evening.

It has a circulation of 868,672,118.03 coins, and the maximum supply is 2,000,000,000. COTI can be bought from exchanges like Huobi Global, HitBTC, Bitcoin.com, Binance, Mandala, etc.

Its 24-hour lowest price was US$0.3378, and the highest was US$0.4609. Its trading volume jumped 129.65% to US$325.1 billion in the past 24 hours on a rolling basis. COTI holds the 143rd rank, with a live market cap of US$380,832,018, according to coinmarketcap.com.    

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COTI sells itself as a first enterprise-grade fintech platform for organizations that use its services to build their payment solutions or digitize currency.

It is one of the world’s first blockchain protocols, designed for decentralized payments by merchants, payment DApps, stablecoin issuers, etc. Its ecosystem is designed to improve on the challenges of traditional finance like latency, fees, etc. 

COTI Pay is the first application to fully encompass finance on the blockchain, according to the company. COTI platform can be used to create stablecoins and control money and data.

The COTI Group was launched in March 2017. It launched the Staking Platform in January 2020.  

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Two trending cryptos: COTI (COTI) and Lattice Token (LTX).

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Lattice Token (LTX)  

LTX was trading at US$2.31, up 7.43%, at 6.21 pm IST on Sep 23, 2021.

Its circulating supply is 28,653,895.88, and the maximum supply is 100,000,000. Currently, it holds the 470th rank, with a live market capitalization of US$66,220,231, according to coinmarketcap.com. 

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In the last 24 hours ended Thursday evening, its price went up by US$0.1598. Its lowest price was US$2.15, and the highest price was US$2.35 in the 24 hours. The trading volume increased by 24.68% to US$2,521,823.55.

The token can be traded on exchanges like MEXC, Bitglobal, Hoo, Uniswap, KuCoin, etc. Uniswap is currently the most active exchange for LTX trading. 

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Bottomline

Currently, there are over 12,000 crypto coins and over 410 exchanges in the market. The current crypto market cap is US$1.95 trillion, with a trading volume of US$113.9 billion. Bitcoin (BTC) and Ethereum (ETH) dominate the market with 42.1% and 18.5% market capitalization, respectively. However, investors must carefully evaluate the market before investing.   

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