COTI is a payment system that is based on Trustchain. It is a protocol developed by COTI through which the system can instantly make transactions and convert various digital assets. One of the features of the COTI system is that it uses a directed acyclic graph (DAG) as a basis to improve the scalability of the protocol.The platform has its own cryptocurrency of the same name. Interaction between consumers, sellers, and nodes is impossible without the COTI coin.
Let’s take a closer look at the COTI cryptocurrency on the CoinMarketCap service:
The COTI payment system was founded in early 2017. Since the inception of this platform, its developers have made a great contribution to its progress.At the moment, there is a project’s roadmap only for the first half of 2021 on Medium:
Let’s take a look at what features have already been implemented.
- Coti Pay allows you to store fiat money and pay with it to any merchant who accepts VISA. Such payments can be made both online and offline. In addition, each user has a personal IBAN, thanks to which he/she can transfer money to any bank account in the world. Also, Coti Pay allows users to buy and sell cryptocurrency.
- COTI Pay Business. There is a new version of Ultra eWallet 2.0 which now allows merchants to work with users who hold USDT in a third-party wallet. Also, Blockchain Dollars 2.0 was introduced. It includes the new ORO technology that supports over 20 fiat currencies.
- Infrastructure. Staking 3.0 was launched in February. This allowed the capacity of the community nodes to grow by 40%. Members can stake even more COTIs and earn more rewards than ever before.
- Licenses and regulation. COTI has already received a payment institution license but the project is also seeking to obtain an Electronic Money Institute (EMI) license in the near future.
In addition, the company recently launched the COTI NFT game. While playing, users can collect NFTs and win various prizes. This game will last for 4 seasons.
The founders of COTI recently announced that they will soon be launching a new stablecoin, Djed, built on the Cardano chain. Such a coin could provide a tool for DeFi operations and help avoid high transaction fees. The news comes shortly after Coti partnered with Cardano’s stablecoin center, Ardana, to provide decentralized stablecoin payments to AdaPay. AdaPay is Cardano’s payment gateway that supports over 30 fiat currencies.
Crypto community about COTI
Basically, the crypto community not only speaks positively about the COTI project but also makes its own price predictions of the coin and believes in the good future of this cryptocurrency.
Also, many crypto enthusiasts are eagerly awaiting the release of the new Djed stablecoin.
COTI Price Prediction 2021
- The analysts of TradingBeasts believe that the COTI price is going to be like that:
- WalletInvestor experts make this forecast for December these forecasts for the COTI coin price:
- According to the DigitalCoinPrice service, the COTI price will be the following:
COTI Price Prediction 2022
As of 05/10/2021 TradingBeasts analysts believe that at the beginning of 2022 the price of the coin will start at $0.828, and by the end of the year it may rise to $0.86.
WalletInvestor makes a similar prediction. Experts believe that by the end of 2022, the maximum COTI price could reach $0.859.
The most optimistic forecast is provided by the DigitalCoinPrice service. Here we can see the price of $1.04 by the end of 2022.
COTI Price Prediction 2023
As of 05/10/2021 according to TradingBeasts, 2023 for the COTI coin will start at $0.863 and reach $0.883 by the end of the year.
According to WalletInvestor, in the middle of the year the price of this cryptocurrency may rise to $1.032, and by the end of the year to $1.175.
Based on DigitalCoinPrice, we can see that the average COTI price by the end of 2023 could be $0.985. At the same time, the beginning of the year will be more optimistic for this cryptocurrency, because the price in January is expected to be $1.07 per COTI coin.
COTI Price Prediction 2025
As of 05/10/2021 based on WalletInvestor, the price of the COTI coin could be $1.554 in early 2025, and the price could skyrocket to $1.886 by the end of the year.
DigitalCoinPrice predicts that for COTI 2025 will start at $1.97 per coin, and by the end of the year the price will drop slightly to $1.93.
COTI Price Prediction 2030
As of 05/10/2021 analysts of the CryptocurrencyPricePrediction service suggest that already at the beginning of 2030 the COTI price could be $20.19, and by the end of the year it could rise to $26.48.
COTI Historical Price Analysis
All time High: $0.677 (Sep 29, 2021)
All time Low: $0.006226 (Nov 09, 2019)
In mid-2019, the COTI coin trading began at $0.09. Soon, the price dropped to an all-time low of $0.006226 in November. The price held between $0.008 and $0.08 until February 2021. After the launch of Staking 3.0, the COTI price just skyrocketed to $0.28 on March 5, 2021.
Soon on April 6, 2021 the venture fund Cardano invested $500,000 in COTI, then the coin’s price rose to $0.36.
Until August, the price of the COTI cryptocurrency fluctuated between $0.4 and $0.1. And before COTI was listed on the Coinbase Pro exchange, the price of the coin rose again to $0.49.
At the end of August, the COTI price fell to $0.3 and until mid-September fluctuated between $0.3 and $0.4 per coin.
After it was announced at the Cardano Summit on September 26 that COTI would launch a new stablecoin, Djed, the price of the COTI coin reached an all-time high on September 29, 2021.
COTI is a next-generation payment system that can help to digitize fiat. Already at the moment, this system has achieved tremendous transaction speed and scalability. Moreover, COTI gives high priority to ensuring that the COTI Pay network and its currency comply with the laws and regulations of all jurisdictions where the end-users of the platform reside. Let’s follow the development and improvement of this project together!
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