COTI stands for 'Currency of the Internet,' and it intends to provide organizations worldwide with decentralized and quick payment processing solutions. Please continue reading to learn more about COTI cryptocurrency and expected COTI price prediction.
By combining decentralized payment solutions, COTI aspires to provide a next-generation payment method, which is quick, trust-driven, and cost-effective.
A novel trust mechanism distinguishes COTI from other payment systems, which is a multi-currency wallet for both crypto and fiat currencies and native currency exchange. The COTI coin, a native digital currency, is the engine of the COTI ecosystem.
COTI's value increased by 900 percent in the first three months of 2021. COTI released version 3.0 of its staking incentives scheme on March 1st, which increases the amount of COTI coins node operators can stake on the network to enhance liquidity and lower circulating supply.
The capacity of nodes has increased by 40%, to seven million coins (from five million), and is projected to grow even more as the processing volume increases.
Sounds interesting? Let's dive deeper into COTI crypto.
Despite the tremendous competition in the online payment industry, both traditional payment systems and virtual currencies provide a comprehensive solution. Conventional online payment systems can scale a massive volume of transactions quickly, but they have significant transaction fee disadvantages.
Digital currencies, on the other hand, could be a viable alternative, as they can facilitate payments while also providing cheaper transaction fees with improved security. However, scaling is the critical issue with virtual currencies.
COTI token fills this gap by providing a high-decentralized, highly scalable, reliable, zero-to-low transaction costs, a trustworthy and compliant platform that combines the advantages of both digital currency and traditional payment systems.
David Assaraf is the co-founder and business development head of COTI crypto. Shahaf Bar-Geffen is the CEO of this amazing project. Bancor and Processing.com are the key partners of the COTI payment solution.
End-users, mediators, node operators, and merchants are the four actors in the COTI ecosystem. This platform has various advantages for numerous stakeholders:
Let’s look at COTI price prediction for 2021 and upcoming years.
In March 2017, the COTI Group began operations, and the Staking Platform started operations on January 1, 2020. 868,672,118 COTI is the platform's circulating supply (a share of 0.01%). Its starting price was $0.08, and it is expected to rise in the future.
COTI's price was $0.05 at the start of 2021. Since then, COTI has given large gains, and it has become a well-known virtual currency. Its price has climbed to $0.25, with an all-time high of $0.53 COTI on March 23, 2021, and has produced strong returns.
Nonetheless, in April 2021, the price remained volatile, and COTI dropped to $0.24 on April 20, 2021, before rising to $0.34 on April 21, 2021.
In November 2021, the price of COTI con will reach $0.4 and then rise to $0.41 in December 2021
COTI is expected to hit $0.45 in January 2022, then increase to $0.56 in June 2022. COTI crypto's price, on the other hand, will rise to $0.78 in September 2022, a 12 percent increase.
The price of COTI tokens will drop to $0.71 in October 2022 and then to $0.62 in December 2022.
The COTI coin will be priced at $0.60 starting in January 2023. The price of a COTI coin will rise to $0.65 in May 2023, then to $0.76 in October 2023.
COTI token holders will earn $0.93 per COTI by December 2023, with the coin's price predicted to be $0.88 in November 2023.
COTI will increase in price to $1.07 at the end of March 2024, then to $1.23 in April 2024. However, the COTI token's price will drop to $1.18 in August 2024. Despite this, the price of COTI will rise to $1.68 in December 2024.
In January 2025, the maximum price of COTI will be $2.05 and $2.43 in September 2025. The COTI token will be worth $2.73 by the end of December 2025.
However, the minimum price of COTI is expected to be $1.60 (during May 2025), and the lowest average price will be $1.61 during June 2025.
We'll look at the COTI token's price projection in the following section. This study is based on predictions made by well-known crypto media sources.
COTI is expected to climb to $0.65 by the end of December 2021 from $0.29 at the beginning of May 2021. Furthermore, COTI token hodlers will earn $1.24 by the end of 2022 and more than quadrupled to $2.96 by the end of 2025, according to Wallet Investor.
Digital Coin predicts that the average price of the COTI coin is expected to be $0.47 by the end of 2021. It will rise to $0.53 in 2022, and long-term investors will earn $0.92 per COTI in 2025, according to its COTI coin study.
As per Coins Kid, COTI's value could rise by 18 percent in the short term, to $0.35 from $0.30. COTI has a price projection of $0.71 by the end of 2021, representing a +39 percent rise in COTI's price from $0.3 to $0.42 by the end of September 2021.
By the end of April 2022, the average price of COTI will be $0.52, and in January 2023, the maximum price of COTI may reach $0.713.
In December 2024, COTI will be priced at $1.72 and in December 2025, it will rise to $2.4.
A 60.9% rise in profit is expected if you invest in COTI today. The COTI coin price may reach $0.47 by the end of 2021.
COTI token holders are expected to receive $0.401 per COTI by the end of 2021, with average earnings of $3.2 by the end of 2025, according to Gov Capital.
COTI is definitely a strong buy, according to Coin Arbitrage. They expect that COTI will be priced at $0.45 by the end of 2021.
Coti's value will plummet by -14.70 percent, according to Coin Codex. By the end of August 2021, it will decline to $0.25. However, a 327.37% price rise represents that COTI will be a profitable investment in the long run.
The COTI platform's ability to increase adoption of cryptocurrency payments at traditional retailers, as well as the ability to execute cross-border transfers on the blockchain, might boost the cryptocurrency's native token's value.
COTI's performance is projected to improve in the future as overall market sentiment, headed by bitcoin, improves.
COTI coin will be priced at least $0.47 by the end of December 2021, based on its strong fundamentals and technicals, according to our COTI price prediction. COTI crypto will reach $2.40 in the next five years. Despite this, we recommend that you invest prudently by concentrating on the specifics of the coin in question.
Because altcoin prices, like COTI, are extremely volatile, presenting investors with a higher risk and return profile. Based on your portfolio makeup and risk tolerance, you should conduct your own research. It is important to keep in mind that past performance is no guarantee of future outcomes.
Decentralized applications (DApps), Decentralised Finance (DeFi), and Non-fungible tokens (NFTs) started to transform the financial services industry in 2021.
COTI is a cryptocurrency that aims to change the way people think about money. COTI is a blockchain technology for decentralized payment processing that will allow organizations to create and issue their own currency.
COTI is expected to remain below $1 in 2021, according to most of the forecasting websites. The way the protocol develops will determine whether it reaches and surpasses the $1 level in the upcoming years.
The COTI price prediction study estimates that COTI’s price may reach an average price of $0.41 by the end of December 2021, with a minimum price of $0.34 and a maximum price of $0.47 in 2021.
The information in this article does not recommend the readers to commit to an investment in cryptocurrencies, rather, it is just for informational purposes. The author and Cryptoknowmics are not liable for any losses incurred as a result of decisions made using this material.