Every crypto project in the market has a specific property that makes it stand out. Cryptocurrencies were created as a secure network that expands the current file-sharing technology in the crypto world.
Despite the volatility of the crypto market, many investors have become increasingly interested in digital assets due to their profitability. Nonetheless, one crypto project making waves in the market today is COTI.
If you are considering investing in COTI but are unsure about its fundamentals and price prediction in the future, then you are in the right place. This COTI price prediction guide will help you make the right investment decision.
Today’s COTI current price is $0.103340 with a 24-hour trading volume of $ 17,191,050. COTI has been up 8.57% in the last 24 hours. The current CoinMarketCap ranking is #184, with a live market capitalization of $108,314,971. It has a circulating supply of 1,048,141,495 COTI coins and a maximum supply of 2,000,000,000 COTI coins.
What Is COTI?
In the era of digitalization, fiat currencies have remained obsolete. Now, it is cheaper and easier to pay for goods and services than using banks, PayPal, Alipay, and the likes. COTI is a fully encompassing “finance on the blockchain” ecosystem built on DAG (Direct Acyclic Graph) technology. Not only that the platform has the DAG technology, but COTI Protocol also has a proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), universal payment solution, and a payment gateway.
The platform was designed to meet the challenges of traditional finance. In addition, COTI describes itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money.
The platform’s first utility application is COTI Pay, which enables consumers to pay merchants with ERC-20 tokens in exchange for merchandise offered on e-commerce sites.
How Does COTI Work?
Many blockchain technologies have tried tackling high transaction speeds, but no significant progress has been made. Another big issue in the crypto market is the lack of trust among parties involved in a crypto transaction, leading to unwanted chargebacks and cancellations. Again, merchants are categorized as either risky or less-risky due to their partnerships with many industries. These are what COTI aims to solve. The protocol offers seven essential elements for a perfect payment infrastructure:
COTI processes more than 100,000 TPS, compared to 25,000 TPS in traditional payment systems and up to 20 TPS in standard blockchain protocols. This is due to its DAG technology, which allows faster transactions.
The lack of simplicity is one issue in the crypto space that has affected its mass adoption. COTI Protocol has user and merchant-facing tool which is easy to use.
COTI has a dispute resolution system to protect users against fraud, errors, and counterparty abuse. COTI Protocol claims its resolution system is the first ever in the crypto space.
COTI reduces costs and energy consumption by removing intermediaries and costly mining.
Another big problem that has also affected crypto adoption is price stability. COTI Protocol is creating price stability technology, which is essential for blockchain payments.
A single point of failure is one of the main threats to a blockchain system. However, COTI’s distributed ledger aims to increase the platform’s security.
COTI aims at instant P2P transaction payments, which is what its underlying technology tries to solve. The platform’s technology makes remittances instant without any delay.
COTI’s base layer protocol, called acyclic graph-based ledger, helps solve these challenges. We know that Bitcoin, Ethereum, and others have an advantage because these were the first cryptocurrencies. Still, they have low transaction throughput. First movers such as Bitcoin work on a Proof-of-Work mechanism, making mining costs unbearable. Again, factors such as dispute resolution and price stability technology are almost nonexistent in the crypto space. This implies that such cryptocurrencies are difficult to manage, making mass adoption for users unachievable.
COTI (Currency of The Internet) is a new crypto protocol aiming to achieve high transaction throughput and lower transaction fees. As stated earlier, COTI uses the DAG technology — instead of the conventional blockchain. DAG-based cryptocurrencies have low transactional fees.
COTI also uses a new metric known as the Trust Score. This is assigned to every user on its protocol based on their historical behavior. The metric also manages the approval of users’ transactions within the ecosystem.
Who Are The Founders Of COTI?
Samuel Falkon and David Assaraf founded COTI Protocol to help create a secure, scalable, and instant payment system that would support fiat and crypto payments. It is essential to know that Falkon’s core occupation — before he co-founded COTI—was based on business dealings for on-based diagnostics devices for the European automotive industry. The COTI Group was launched in March 2017.
What Makes COTI Unique?
Several things make COTI unique. The first is its platform, which allows organizations to create advanced fintech products to save time, data, and money. Its utility application – COTI Pay – can process any kind of transaction.
How To Buy COTI
It is essential to know that you buy COTI at any cryptocurrency exchange. However, these exchanges include Binance, BingX, Bybit, ZB.COM, and Bitget.
COTI Price History
COTI started trading in the crypto market in 2019 at $0.088. However, the coin traded steadily at that price range, hovering around $0.088 and $0.01 till March 28th, 2021, when it surged to $0.45. By September 2021, the coin reached an all-time high of $0.65, but COTI decreased to $0.37 by December 2021. The crypto market has been hit by the bears, which have affected almost every cryptocurrency. At the time of writing, COTI is trading at $0.103.
New Developments In The COTI Ecosystem
COTI recently announced it is about to have a hard fork and upgrade its DAG layer known as the MultiDAG 2.0. This activity will help shift the cryptocurrency from a single currency infrastructure to a multi-token layer.
COTI also announced its partnership with FinanceThrift, for its crypto-backed algorithmic stablecoin known as DJED. The partnership will integrate DJED into FinanceThrift’s suite of user-focused RealFi products.
COTI Technical Analysis
COTI technical analysis shows the digital asset has been on a continued uptrend since the recent bearish trend that has caused COTI to decline in price. COTI has been making higher highs and higher lows, which indicates that the bulls still control the market. In the past 24 hours, the market has corrected higher, and the price has increased by 8.57% from its earlier price. The coin is expected to continue its upward trend as the bulls look to push its price higher.
COTI is slightly below its 100-day MA but above its 50-day MA. On the upside, the first resistance level is at $0.1169. The resistance level at $0.145 follows this. On the downside, COTI has a support level of $0.079. COTI’s technical indicators point to the buy zone suggesting that it is an excellent time to buy the token.
COTI Price Prediction By Authority Sites
Wallet Investor predicts that COTI is a long-time bad investment. They expect the coin to devalue in the future. Wallet Investor expects COTI to be worth $0.0534 in one year. They also predict that COTI will devalue in five years by 95%.
Trading Beasts predicts that COTI will have a maximum price of $0.176, with an average price of $0.141 by 2022. They expect the coin’s lowest price to be $0.119 by then.
Trading Beasts expects the COTI coin to increase slightly by 2023. They predict the coin will have a maximum price of $0.198, with an average price of $0.158. Furthermore, its minimum value by that time is predicted to be $0.135.
By 2024, Trading Beasts forecasts that COTI will have a maximum price of $0.224 with an average price of $0.1787. In addition, the coin’s minimum price by then is expected to be $0.152.
COTI is expected to experience a massive increase by 2025. Trading Beasts foresee that COTI will have a maximum price of $0.269, and its average forecast price is expected to be $0.215. The lowest price the coin is expected to go to is $0.183.
Digital Coin Price
Digital Coin Price predicts that COTI is a good investment. They expect the coin to have a minimum price of $0.12 with a maximum price of $0.14 by the end of 2022. Digital Coin Price also predicts that COTI will have a maximum price of $0.16 and a minimum price of $0.23 by 2023.
By 2027, the coin is predicted to be worth $0.30 maximum. Its minimum and average price is expected to be $0.20 and $0.26.
Digital Coin Price predicts that COTI will have a maximum price of $0.48 with an average price of $0.46 by the end of 2030. The coin’s lowest price by then is expected to be $0.45. COTI is expected to reach a maximum price of $0.54 and a minimum price of $0.50 in 2031. The average price of the coin by then is forecasted to be $0.52.
COTI Price Prediction 2022
If COTI garners a bullish momentum before the end of 2022, we might see an average price of $0.14. Moreover, the lowest price the coin will have by the end of 2022 is expected to be $0.13. With upcoming partnerships and developments in the COTI ecosystem, we foresee the coin reaching $0.16 maximum.
COTI Price Prediction 2023
COTI’s price is expected to reach $0.24 maximum. The average and minimum price of the coin is expected to be $0.20. Moreover, this is highly possible if the market maintains its bullish trend and Cardano cryptocurrency breaks past its current psychological resistance level.
COTI Price Prediction 2024
We expect COTI to have a maximum price of $0.34 with an average price of $0.29 by the end of 2024. The minimum value of the coin by then is expected to be $0.28. This is feasible as upgrades and developments from 2022 and 2023 mature.
COTI Price Prediction 2025
In the next three years, COTI is expected to have a maximum price of $0.48 with an average price of $0.42. The minimum price of the coin is predicted to be $0.41. This spike would also be because of the upgrades and developments in 2022 and 2023.
COTI Price Prediction 2026
By 2026, we expect COTI to have a maximum price of $0.7 and surpass its all-time high in the market. The average price of the coin is predicted to be $0.60. Meanwhile, the coin’s lowest price by then is expected to be $0.58.
COTI Price Prediction 2027
We predict that COTI will have a maximum price of $1 with an average trading price of $0.87. The coin’s lowest price by then is expected to be $0.85. The COTI coin might increase high than this if there is an immense surge in the crypto market.
COTI Price Prediction 2028
By 2028, we predict that COTI will have a maximum value of $1.46. The average price of the coin is expected to be $1.22, with a minimum value of $1.18. Furthermore, our price prediction is feasible if COTI is considered a better option in the crypto market. In addition to this, we foresee a massive turnover within this range.
COTI Price Prediction 2029
COTI might reach a maximum price of $2.09, with an average price of $1.73. The lowest price the coin is predicted to go by 2029 is $1.73. COTI can also beat this price prediction with substantial cooperation with financial institutions.
COTI Price Prediction 2030
We expect COTI to have a maximum price level of $3 by the end of 2030. Furthermore, we also predict that COTI will have a minimum price of $2.46, with its average forecast being $2.53 if the market goes bullish.
COTI Price Prediction 2031
By 2031, COTI is expected to reach a maximum price of $4.25. If the market remains favorable and there is more crypto mass adoption, the lowest price COTI will go is $3.53. The average value of the token is expected to be $3.64.
COTI Price Prediction By Industry Experts
Recently, Miles Jennings, GC & Head of Decentralization at A16Z crypto, made the case that algorithmic stablecoin policy should be focused more on collateralization and less on underlying algorithms. According to him, collateralization is critical to risk mitigation and easier to understand, allowing mass adoption in the crypto space.
With that in mind, COTI’s DJED stablecoin has an overcollaterization of 400% to 800%, with exogenous collateral that Cardano ADA backs.
In the wake of the fall from grace of Terra ecosystem’s algorithmic stablecoin TerraUSD ($UST) in the past few days, Shahaf Bar-Geffen, the CEO of COTI Group, had this to say:
“The stablecoin ecosystem has matured tremendously over the past few years. Blockchain participants use stablecoins to engage in everyday transactions because they allow monetary value to be exchanged seamlessly, regardless of the sender and recipient’s location. I believe that adding the Djed stablecoin to the Cardano blockchain will significantly improve how transactions are settled on the platform.” However, this implementation is expected to positively affect COTI’s ecosystem and increase its worth in the coming years.
COTI has a bright future ahead of it. With ongoing developments happening in its ecosystem, we believe that it will reach new heights in the future. Our COTI price forecast is bullish, and we expect the coin to surpass its all-time in five years. By 2031, we expect the coin to have a maximum price of $4.25. COTI is an excellent long-term investment if you want to invest in it — but this is not investment advice. We recommend you do your own research before investing in cryptocurrencies, including COTI.