The Governance COTI cryptocurrency of the COTI ecosystem - gCOTI - is now also listed on Bitrue and the asset exposure and trading continues to expand. Without listing a crypto token might simply stay still as the supply and demand will not be able to kick into action. Thus, with any such exposure the COTI ecosystem simply becomes stronger and stronger and opens new doors to investors and the tools offered for them to put their assets at work. I remember how hard it was for me to buy some gCOTI to boost the APR % of my Coti deposits from the Treasury, so I can appreciate such moves.
The COTI Governance asset - gCoti - is an ERC20 token as the Coti itself considering that the purpose of this ecosystem is to bring privacy on the Ethereum network. It is now listed on Bitrue and new trading option is now available using the gCOTI/USDT pair, which probably is the most common and widely pair for any crypto asset.
URL: https://www.bitrue.com/trade/gcoti_usdt
Looking at it, we can see a 24h volume for gCOTI being 4,533.82 or an equivalence of 24h volume in USDT of $489.955. This is a low volume and one should consider that when wanting to trade as the gap between supply and demand is quite significant and might pay a premium when buying gCoti. Probably this will balance in time as there will more use of the ecosystem and with incoming adoption. Up until now the gCOTI asset was just listed on MEXC (https://www.mexc.com/exchange/GCOTI_USDT) where in time the volume continued to grow day by day - 24h Volume (GCOTI) = 27.66K. This is if we talk about Centralized Exchanges, as you can also trade on Uniswap V2 (Ethereum), but on that the pairing is directly with Coti.
I see that Coti and gCoti have a clear strategy of expansion and getting them on multiple exchanges seems to be a priority in these assets adoption. and I think it is a good direction as without such exposure it will be hard for new investors to join. Thus, it is great to see a new listing and that this ecosystem does the right steps to establish itself in the world of cryptocurrency. I am invested in it and I am glad and also see benefits in price appreciation for the held assets.
Posted Using InLeo Alpha
Nice piece, Been diving into $COTI since @bozz brought it to my attention way back in the bear market, and tbh they only got better since and I think have the proper momentum atm.
COTI has a bright future ahead and the network is just starting.
gCOTI has high trading volume, which is a good thing. It flows liquidity. It is a good token to invest in
That’s a big win for gCOTI
Thanks for the information