Hey All,
Ok, are you invested in #coti token then you should be happy to see how things are progressing at the moment. The #coti token is up another 70% today and is trading around $0.21+ cents and continues to make big strides. The trading volume is around $427+ Million and whereas about a week a gao it was just under $10+ Million. Also #coti tokens market ranking is climbing gradually - it is now at #200 spot whereas last week it was around #400 spot. Just have a look at the current market stats for #COTI...
COTI token Current Stats...
Market Ranking: 200
Token Price: $0.2172
Circulating Supply: 1,527,822,180
Total Supply: 2,000,000,000
24 hour trading volume: $427,637,072
My #coti Investment & Strategy Ahead...
The #COTI project has many things to offer and is trying to solve problems associated to traditional payment systems like:: Scalability, Transaction Speed, Cost Efficiency, Trust and Security, Usability, Smart Contracts and there is much more to it. Just have a look at my treasury amount which is sitting around $21k+ dollars and whereas as started with just $5K+ investment. Almost 4x profit here and that too in very short span of time which is like 3 months. Where on earth do you get to see a profit like this - where your investment has the potential to grow exponential its only possible in the crypto universe/world. Here the blog where I talked about - Bought COTI Goal for 100K+ COTI Accomplished - What's' Next?. So why all this hype and what is happening or being developed in COTI space that is resulting to the price of the token to rise. Ok, here is the major factors which is around the::
Garbled Circuits on the Blockchain for the Very First Time
#COTI Treasury deposits will be rewarded with gCOTI as extra rewards!
Shahaf Bar-Geffen, CEO for the COTI org will be speaking at Paris Blockchain Week 2024 And there is much more to it. The Garbled circuits on the blockchain is the main factor here - so in a nutshell #COTI V2 is going to be the core, were an advanced privacy-preserving solution known as Garbled Circuits will be in use. As per the coti team here are the breakthrough results by using Garbled Circuits::
💫 1000x faster computation than FHE systems.
⌛ 100x lower latency compared to current solutions.
📦 250x smaller storage requirements than FHE.
This is something that sounds interesting to you and you are willing to learn more about it, then you check this post - Garbled Circuits on the Blockchain for the Very First Time - Ok what is my strategy ahead for #coti going to be? I have 99K+ #coti staked which is getting me an APR of around 3% and now the additional reward is also being credited to my wallet directly - I have already earned 10+ #gcoti already. #gcoti is the governance token of the chain and the rewards are distributed directly to users’ wallets on a weekly basis if you have COTI token staked. I am in no rush to book any of the profits at the moment and the plan is to #hodl my coti and gcoti stake and build it further. I am lucky to have bought coti at around $0.05 cents and seeing it trade around $0.21+ cents is an amazing feeling and I guess this is just the start we are yet to see the full potential of COTI V2 so I guess $1+ is coming pretty soon. My investment here already 4x here and I am in here for long run and at the moment focusing to accumulate as many coti and gcoti tokens I can. Maybe at one stage I will think of booking profits and get my initial investment but not for now its just #HODL and #BUILD my #coti stake and wait and watch what happens next... #coti to the mooon sooon... $1+ cooooming.... sooon.... cheers
Have Your Say on #COTI token - HODL Vs SELL?
Are you invested in #COTI token? Did you know about this bridge on the COTI platform that lets you to transfer your COTI from centralized exchange to a DEX? Are you staking COTI? Would love to hear your thoughts around it in the comment box below? Cheers
Have #COTI Staked - Check on the Addition Rewards You are Receiving #gCOTI Governance token...
#coti #gcoti #payment #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge
Best Regards
Image Courtesy:: coti.pay, void, congecko
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..
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I do think there is far more upside coming and will do a post about it later. COTI as a layer 2 token on ETH solving privacy for Eth means dollar signs and COTI is going to be quite valuable. The market cap of L2 tokens are in their billions and so will COTI be very soon.
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