The cryptocurrency industry has grown enormously, establishing various programs that offer innovative use of cryptocurrencies. COTI is one of the cryptocurrencies that has revolutionized the crypto industry. A significant rise in COTI has been observed in 2021. Here’s all you need to know about COTI.
COTI is a fintech program that has established decentralized payment networks and stable coins. It lies on a multi-DAG (directed acyclic graph) data structure that processes over 100,000 transactions per second. It uses blockchain to run various products, including payment processing and finance using stable coins, a white label payment system, several loyalty networks, and cross-border remittance technology.
COTI has partnership and advisory relations with several payment processing gateways, stable coin hubs, etc., to increase the efficiency and effectiveness of the COTI program. Some partners are CARDANO, Blackledge capital, Recruit, Lancaster groups, etc.
COTI Benefits
- COTI network integrates both the traditional and digital currencies and payment systems.
- It is the first platform that has created a stable price coin designed to minimize cryptocurrency price volatility, provide price stability, and increase the predictability of transaction costs.
- The network supports multiple fiat and digital currencies. However, COTI coins have high efficacy when it comes to payment. Moreover, it is cost-effective and has low-to-zero transaction fees.
- COTI wallet provides easy access, and instant payment networks are used as a bank account for holding funds both in the form of digital and fiat currencies. Moreover, for easy accessibility of COTI wallet, mobile and web applications are present.
- Other than conventional benefits of scalability, low cost, decentralization, and security, COTI provides an additional trust layer, hedging services to address volatility, and integration with native currency and wallet for easy-to-use solutions.
COTI price analysis
COTI coin was launched in June 2019 at 0.0870 against the US dollars, but it reduced below $0.0100 to $0.0073 in November 2019. It didn’t stay less worthy for a longer time, and in September 2020, the COTI cryptocurrency price rose to $0.0930.
During the first quarter of 2021, COTI prices rose steeply from $0.0470 on January 1 to $0.5730 on March 23rd. It again experienced a low of $0.0892 on July 20. Finally, on November 25, 2021, the coin was trading at $0.4326.
COTI is currently ranking at 181, with a live market cap of 294,107,813 USD with a 24.16% dip. The current COTI price rate is $0.338572.
COTI Price Prediction
On November 25, Wallet Investor predicted that COTI can surpass $0.789 by the end of 2022. They also predict that by the end of 2025, COTI price can exceed $1.834.
Digital coin predicts that the average price of COTI would be $0.681 in 2021 and that it will increase to $0.754 in 2022. It also predicts that by the end of 2025 and 2028, it would be $1.31 and $1.93, respectively.
Gov Capital has predicted the price of COTI as $5.374 by the end of 2026.
Price prediction analysis estimates the COTI price average to be $1.85 in 2025, rising up to $5.46 by 2028 and $11.98 by 2030 from $0.43 of the present year of 2021.
Crypto Academy predicts that COTI can increase steadily in the coming years, reaching as high as $7 by 2026.
Also read:
Coti Price Prediction 2022 and Beyond – Can COTI Eventually Hit $1?
COTI Review – Is COTI a Good Investment?
COTI Price Prediction 2021 – What Will COTI Price Be By The End of 2021?
Takeaways
- COTI is a fintech program that has established decentralized payment networks and stable coins.
- It was launched in June 2019 at 0.0870 against the US dollars, but it reduced below $0.0100 to $0.0073 in November 2019.
- COTI network integrates both the traditional and digital currencies and payment systems.
- Price prediction suggests that by the end of 2025, the COTI price can exceed $1.834
