COTI Price Prediction And Forecast 2022-2026

COTI Price Prediction And Forecast 2022-2026

Pejman Zwin 123 Updated:

Content

A single platform for all kinds of payments?

You can create your Stablecoin?!

Actually, yes.

It is what COTI claims to be.

COTI is crypto but different;

A payment system and fintech platform that aims to tackle centralized finance and blockchain issues.

So let’s see what’s the story.

Why COTI?

Why COTI?

The world needs low-cost, fast and secure payment systems.

Computer science has helped develop better payment systems a lot.

But there’s still a long way to go.

Centralized platforms are not secure and cost-efficient.

Blockchains, on the other hand, struggle with long-lasting scalability problems.

Both worlds come with significant issues in their core system.

So how do we tackle these issues?

Is it possible to create a financial system that serves societies as it is meant to be?

To do that, we need a Currency Of The Internet.

Oops! COTI.

Further reading
What is COTI?

What is COTI?

COTI is a fast, secure and decentralized payment system.

Everyone can use it.

What is COTI?

You can use it anywhere, anytime.

It’s almost everything you may need for a payment option.

If you want to pay for something with bitcoin, Ethereum, and other cryptos, you can use COTI.

If you need to pay with fiats like Euro or US Dollar, you can still use COTI.

You can also create your Stablecoin and take complete control of your money and data.

It’s a big step in Defi and fintech.

But there’s more.

Here’s what you can do in the COTI ecosystem:

  • First, you can create a multi-currency wallet and use it whichever way you need. COTI supports all types of currencies. Cryptocurrencies, fiat money, Stablecoins, credit or debit cards, and even native tokens.
  • You can create your Stablecoin in COTI’s Stablecoin Factory.
  • You can stake your COTI tokens in COTI’s Treasury and earn rewards on that.
  • You can create a payment solution for your own business under COTI Pay Business.
  • You can lend and borrow COTI in Treasury Services.
  • You can exchange your crypto, fiat, and other tokens in COTI-X Swap.

I will talk more about them as we move on.

Further reading
What kind of ecosystem has COTI developed?

What kind of ecosystem has COTI developed?

Trustchain and Treasury!

These two are at the core of the COTI’s ecosystem.

Trustchain is COTI’s leading technology, a blockchain.

And Treasury is COTI’s main liquidity pool to provide different incentives for users and govern the whole ecosystem.

COTI’s ecosystem includes more branches and sections that complete the circle.

Let’s take a look at COTI’s ecosystem infographic.

COTI’s ecosystem infographic published by COTI Inc.

COTI’s ecosystem infographic published by COTI Inc.

COTI’s ecosystem categories:

  • Treasury
  • Trustchain
  • Stablecoin factory
  • Treasury services
  • Enterprise and Merchant services
  • Ecosystem and partnerships

As we see in the infographic, Treasury is at the heart of the ecosystem.

It indicates that one of the significant objectives of COTI is to provide a vast liquidity pool.

It helps the ecosystem grow as more users stake their COTI tokens.

Also, more businesses create their Stablecoins in the Stablecoin factory and apply payment solutions in the merchant services section.

In general, the whole ecosystem attempts to bring more liquidity streams into the Treasury.

The liquidity is mainly provided from network fees, processing fees, minting, and redemption fees.

I’ll explain each of them more widely in a bit.

Further reading
What can you do in Treasury and Treasury services?

What can you do in Treasury and Treasury services?

Whatever fee is created inside and outside the ecosystem goes back to Treasury.

This proportion of liquidity into the Treasury empowers the whole ecosystem and lets the platform survive.

In addition, you can stake your COTI tokens in the Treasury pool and earn rewards within Treasury services.

The great news is that staking in COTI is flexible and customizable.

When staking in Treasury, we can choose the amount and period that we want to stake, along with our preferred risk management, and earn rewards accordingly.

The critical thing about Treasury is that the Treasury staking pool is KYC licensed, and thus it’s regulated. In addition, treasury deposits and staking are only possible using a Viper wallet, integrating with COTI’s platform.

By having a COTI account, you can do anything similar to what you do in traditional bank accounts, such as using credit or debit cards to integrate with your COTI account and start purchasing online and in-store goods with any kind of currency.

It’s safe and ready to go.

Further reading
What technologies are behind COTI?

What technologies are behind COTI?

Trustchain is COTI’s blockchain.

A layer one protocol powered with DAG (Directed Acyclic Graph) serves the whole ecosystem.

Everything runs upon the Trustchain.

It combines two major technologies to run; Multi-DAG and Proof of Trust (PoT) consensus algorithm:

  • DAG: DAG is a data structure related to graph theory considering computer architecture. In graph theory, DAG is a graph that follows two rules; first, the graph must be complete, meaning that every two nodes should connect in all possible ways. Second, no single variable or node in the graph must cause itself via moving through arrows. When creating the data structure for the blockchain, they use the DAG strategy to create blocks faster in the blockchain ecosystem. In computer science, DAG represents a data structure that includes nodes (Datasets) connected through arrows.
  • Proof of Trust (PoT): it’s a consensus algorithm that validates transactions via the most trusted validators based on their participation in the network. It operates based on Trust scoring mechanisms. As a result, trustworthy validators get to confirm more transactions and contribute more to the network based on their reputation and history.

So COTI uses these two significant technologies to create Trustchain and uses Trustchain to run the whole ecosystem.

DAG and POT technologies suit a fast, secure, scalable, and decentralized payment system.

COTI also looks forward to creating an EVM-compatible machine. (EVM: Ethereum Virtual Machine)

Further reading
Can you Create a Stablecoin?

Can you Create a Stablecoin?

As the COTI platform was first released, merchants and businesses stepped in to create their Stablecoin in the Stablecoin factory.

A Stablecoin needs to be minted.

If you want to mint a Stablecoin, you must pay minting and redemption fees.

These fees go directly into the Treasury as COTI tokens.

Can you Create a Stablecoin?

Stablecoins are built upon the Trustchain.

The use case is for merchants only and not for exchanges.

Stablecoin factory needs a KYC license, and it is highly regulated.

Ready to go!

Further reading
What are some COTI products that empower the ecosystem?

What are some COTI products that empower the ecosystem?

COTI Pay includes several different products under the flag of COTIPay Business.

Processing and network fees created in COTIPay Services are sent directly to Treasury.

Within the COTIPay lies COTI Dime and COTI-X that empower Merchant Services.

COTI Dime is COTIPay’s Stablecoin that fuels the whole COTIPay network and merchant services ecosystem.

It also establishes interactions between consumers and merchants.

COTI-X is a currency exchange developed under the COTIPay product suite.

COTI-X allows us to swap and exchange many currencies and thus establish cross-currency payments.

It is cool!

We get to exchange any kind of currency we want and buy goods with them, whether with crypto, fiat, Stablecoins, or different native tokens.

Following is a list of COTIPay applications and services in short:

  • You can make any transactions with other people despite any third-party interference.
  • If your associate is nearby, you can make wallet-to-wallet transactions through a QR code.
  • You’re able to deposit any type of currency and hold them in your COTIPay wallet.
  • Last but not least, you can exchange any currency you wish, including fiat, crypto, whatever.
Further reading
Who are COTI’s partners?

Who are COTI’s partners?

COTI has partnered with several other networks outside of Trustchain and has built products outside the ecosystem.

All cross-chain projects generate fees into the Treasury.

I like how COTI follows one basic but crucial rule and designs its objectives around this rule: boost liquidity into Treasury.

For example, COTI partnered with Cardano blockchain to build ADA Pay and Djed.

COTI has partnered with several other networks

ADA Pay is the blockchain’s payment product, and Djed is its Stablecoin.

Fees generated from ADA Pay and Djed will flow into Treasury.

COTI also partnered with Visa to create a Visa Debit Card.

COTI attempts to build on top of other chains and networks.

It leads to more liquidation, compatibility, and partnerships inside and outside the ecosystem.

Further reading
Who is behind COTI?

Who is behind COTI?

The COTI’s team includes a group of experienced individuals in the arena of mathematics, computer science, blockchain, finance, marketing, fintech, and more.

I would love to introduce the top 3 influential roles in their team.

Shahaf Bar-Geffen: the CEO 

He studied at Tel Aviv University and got his BSC in biotechnology and economics.

He has served as the CEO at WEB3, a digital marketing corporation.

Dr. Nir Haloani: the CTO 

He was known as the Master Inventor.

He has 13 patents in machine learning, AI, and data compression.

David Assaraf: Co-founder 

Chief auditor for HSBC. also served for Israel’s Central Bank as a supervisor.

Further reading
FAQs

FAQs

  • Is COTI a coin or a token?

In addition to its COTI native coin, COTI has integrated its token into Ethereum as COTI-ERC20 and also Binance Chain as COTI-BEP2

  • How many COTI coins are there?

COTI has formed a fixed supply of 2 billion COTI coins

  • Who is COTI’s biggest competitor?

Telos. A leading decentralized platform for web 3.0 applications and DeFi solutions

  • How to stake COTI?

You can stake COTI both via Binance Staking or COTI’s community nodes, each with a different node manager, which you can find in COTI’s app.

Technical analysis: How can we analyze COTI’s price?

Technical analysis: How can we analyze COTI’s price?

We should find the best exchange with the most available data about COTi’s chart and price history.

Kucoin listed COTI first, and it’s the best platform to analyze COTI’s price history and predict its price in the coming months.

Now that we have found that Kucoin is the best place to have a technical analysis of COTI’s price, we should roll our sleeves up and employ the best tools and strategies to best predict the future of COTI’s price.

But the good news is that we will provide you with the best possible technical analysis available in the market.

Even if you’re not an expert in the area, it’s ok.

We’ll establish a deep understanding of technical analysis in simple English so that everyone can understand.

Are you ready?

Let’s dive in.

First, let’s start with two simple basics.

  1. Imagine COTI’s price is $0.5 at the moment. If I tell you that I want to sell my COTI tokens for $0.1, will you buy that? Will you accept my COTI tokens for $0.1? Of course, I would buy them if I were you. Because each COTI token for $0.1 is a reasonable and cheap price. Besides, if you buy a bag of COTI tokens for $0.1 each, and after some weeks it reaches the value of $0.5, will you sell your tokens and take your profit? That seems the best thing to do because crypto doesn’t always go up. So if you buy your tokens at $0.1 and sell them at $0.5, it’s a significant profit.

There are a lot of people in the market.

They buy and sell their cryptos and tokens at different prices and time zones.

The point is, based on a crypto’s price behavior and traders’ and investors’ reaction to different price statuses, there are some zones in a currency’s price chart that people strongly react to them.

In those zones, many people sell, or a lot of people buy.

We call those zones support and resistance zones.

In support zones, many people buy.

In resistance zones, many people sell their tokens.

WE SHOULD USUALLY BUY IN SUPPORT ZONES AND SELL IN RESISTANCE ZONES.

  1. In a price chart, an uptrend is a rally in which an asset increases in value over a while. On the other hand, a downtrend is a rally in which an asset’s price decreases in a period.

WE SHOULD BUY IN AN UPTREND AND SELL IN A DOWNTREND.

Now that we know these two technical basics, let’s talk about COTI’s price analysis.

What is COTI’s price analysis?

What is COTI’s price analysis?

Look at the chart below.

It is COTI’s price analysis

It is COTI’s price analysis.

You see support zones as green areas.

A lot of people buy in support zones.

We should buy too.

And you also see resistance zones as red areas.

Those are the oversold zones where we see a growth of demand.

In a resistance area, the supply grows and creates an overbought zone.

As you see in the chart, $COTI started its uptrend on 23 March 2020 at $0.01.

Then it continued its rally until it reached the top of the uptrend channel at $0.09.

After such a positive wave, we usually expect some corrections to the bottom of the channel, as you see.

The price pulled back from $0.09 to $0.03.

At the bottom of the uptrend channel, it’s a good time to bag some cheap coins because we expect to see a second rally from the bottom of the channel to the top of the channel or even higher.

There are 3 Moving Average (MA) indicators set in the chart.

One is for 200 days, another for 100 days, and the 50 days moving average.

On the first day of February 2021, a green candle has been closed above all those 3 MAs.

It means that there’s good support for a $0.03 price value.

It’s another excellent reason to buy some coins in that area.

Moving forward, we see that the price started another uptrend wave from $0.03 to the top of the channel and even broke the top, reached $0.3 – $0.5 zones, and finally closed the highest candle at $0.38.

As its new All-Time High (ATH), the price needs to test the new zone and see if it can bear a value of $0.3 to $0.5.

After hitting a new top, $COTI formed a pullback, dropped under all three moving averages, and then again knocked the bottom of the channel at $0.085.

It indicates that the uptrend channel is still valid.

Market behavior shows that a heavy resistance zone has been formed near $0.5.

When the price forms a new peak, it’s better to take some profits out and manage your risk.

As you look at the chart, $0.085 – $0.09 seems like a heavy support zone, and it’s a great area to bag some $COTI.

In general, support zones are great opportunities to add some coins to our portfolio.

Because the demand for buy strongly increases.

On July 19th, the price started a positive wave toward the heavy resistance zone ($0.5).

When a price reaches a heavy resistance zone, it’s super hard to break it and probably will reject higher prices when hitting the resistance and form a pullback.

In this chart, the price rejected the heavy resistance zone at around $0.6 and then pushed toward lower prices until hitting a semi-support zone near $0.2.

As you see in the picture, the analysis shows a support zone at $0.2, and it may be an excellent opportunity to add some coins to our portfolio.

Remember, never go all in!

Always involve 1/4 of your money at a time and wait for the next moves.

It is a step-by-step strategy to add coins to the portfolio, proving profitable.

What is COTI’s price prediction for 2022?

What is COTI’s price prediction for 2022?

The timing seems to be an essential factor in predicting a coin’s future value.

For example, here in the picture above, you see two vertical yellow areas in this analysis.

Those are time-reversal zones (TRZ).

TRZ1 shows that if the price holds the value of $0.2, it can be an excellent time for a big buy.

It predicts that a positive wave will start at TRZ1 toward higher prices and then reach the heavy resistance zone at $0.6 in the TRZ2 area.

Note that if the price breaks the heavy resistance zone, it may achieve higher values until reaching the channel’s top.

It may be an excellent time to save your profit and wait for the next wave.

But if it fails to break the heavy resistance zone, we expect to see lower prices and the rejection of $0.6.

A pullback in the TRZ1 area can form a strong uptrend, and if the whole market forms a positive structure, we expect to see higher values for $COTI and reach a new top, probably around $1.3 in 2022.

Note: this was only a price analysis, not advice.

In the end, prices are changing so fast, and you should trade based on your strategy and take responsibility for your losses.

Highly consider your risk management.

You can see Conti’s price analysis here.

Conclusion: What is the future of COTI?

Imagine you live in the future.

In a future full of innovations and mind-blowing technologies, the need for a whole way ticket to decentralized payment is strongly felt.

The world needs platforms to create fast, secure, scalable decentralized financial systems.

We need more entities to be highly proactive and innovative, step up for the world, and solve complex problems in our societies.

COTI is one Example of innovation.

Therefore, COTI will continue expanding its platform, creating compatible distributed ledgers, integrating its technologies to other networks, and creating customizable, fast decentralized payment services to empower every business and individual.

The crypto market has seen a lot of changes in recent years.

$COTI started its journey with a value of $0.074 on June 3rd, 2019.

It reached $0.65 and then began a downtrend and finally landed on a support zone at $0.2.

If it breaks the support zone to lower values, it may hit the heavy support zone at $0.08, reject and create a new uptrend structure.

In general, the trend is highly positive, and $COTI could see some big positive waves in front and hit a value of $1 in 2022.