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What is COTI coin used for?

What is COTI coin used for?

COTI (COTI) is a token that powers COTI, a project that describes itself as a “DAG (directed acyclic graph) protocol optimized for creating decentralized payment networks and stable coins.” Coti uses Trustchain, a decentralized ledger that can process over 100,000 transactions per second, to power online and offline …

What is COTI Pay?

COTI Pay is COTI’s Ethereum-based solution, which serves as an off-the-shelf business platform. COTI Pay will enable consumers to pay merchants with COTI ERC-20 tokens in exchange for merchandise sold on e-com- merce sites.

How much is COTI coin worth?

COTI Price Statistics

COTI Price $0.3037
24h Low / 24h High $0.3025 / $0.3192
Trading Volume24h $23,312,084.67 9.95\%
Volume / Market Cap 0.08835
Market Dominance 0.01\%

What blockchain is COTI on?

Ethereum blockchain
About COTI Coti uses Trustchain, a decentralized ledger that can process over 100,000 transactions per second, to power online and offline payments, loyalty payments, stablecoins, and more. Note: Coinbase currently only supports COTI running on the Ethereum blockchain (ERC-20).

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Is Coti built on Cardano?

A new stablecoin is arriving on the Cardano blockchain as Cardano founder, Charles Hoskinson announced COTI as its partner to be the official issuer of ‘Djed,’ a new DeFi-focused stablecoin for the Cardano network.

Will Coti go up?

WalletInvestor has set a one-year forecast of $0.560. PricePrediction predicts it’ll be until 2023 when the COTI potentially goes above the $1 mark….COTI Price Prediction for end of December 2021.

Platform COTI Price for End of December 2021
CoinsKid $0.3895
Wallet Investor $0.576
Priceprediction.net $0.23

Is Coti on ethereum or Cardano?

COTI Crypto Soars on Stable Coin Announcement This stable coin will run on Cardano’s blockchain, which has been enabled with smart contracts and is one of the growing blockchain options for developers in this regard.