COTI COTI / USD is an enterprise-grade fintech platform aimed at helping organizations build their solutions when it comes to payments and digitize any currency to save time and money.
The COTI Group was launched in March 2017, while the Participation Platform was launched on January 1, 2020.
Double listing as a growth catalyst
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COTI was listed on Coinbase Pro, which opened its deposits for the token on August 25, while trading opened on August 26.
This was the first list, which encouraged many investors in the token. However, it did not stop here.
Huobi Global followed suit and announced that it would also offer the token. It opened its deposits on August 26, where trading would be available when the volume of deposits meets market demand.
This event marked a great success for the COTI token, which jumped in value.
Furthermore, COTI aims to emerge as a protocol that is fully optimized for decentralized payments with merchants, dApps, and stablecoin issuers as its natural intended users.
Given the fact that the cryptocurrency market trend has been moving towards decentralized finance (DeFi), it is appropriate for the token to be listed on cargo exchanges.
Should you invest in COTI (COTI)?
On August 27, COTI (COTI) was worth $ 0.361.
To get a clearer picture of its value, we will look at its historical performance in July, as well as its highest value of all time.
COTI experienced its highest value of all time on March 23, where it reached a value of $ 0.572. This made the token 37% higher in value.
The highest point of value that the COTI reached in July was on July 7, where it reached a value of $ 0.145.
The lowest point the COTI reached in July was on July 20, with a value of $ 0.089, which was a 38% drop from July 7.
However, it slowly rose again, and by July 24, it was back to $ 0.126, an increase of 41% from July 20, and finally reached its highest point of $ 0.143, a 60% increase in value. from July 20.
On August 26, it would rise to an all time high of $ 0.485 before falling back to $ 0.361 on August 27. This made the token’s value 34% higher on August 26 after the double listing, before its fall on August 27.
However, the token was listed on two separate exchanges in a similar time frame, leading to the value rising high.
That being said, it has the potential to scale a lot more, given the two new exchange listings and its user bases that can jump to the token now.
With this in mind, COTI has the potential to rise to $ 0.487 at the end of September.
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