Coti (COTI) Offers An Ecosystem For More Professional Rankings! - Kakiforex.com - Financial Market Media No. 1 in the World Coti (COTI) Offers An Ecosystem For More Professional Rankings! Coti (COTI) Offers An Ecosystem For More Professional Rankings!
InstaForex

June 28, 2021

Coti (COTI) Offers An Ecosystem For More Professional Rankings!

 COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build payment solutions as well as digitize any currency to save time as well as money.


The world’s first blockchain optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.


Launched in March 2017 by Samuel Falkon and David Assaraf.


Interestingly, this Ecosystem has a blockchain based on DAG (directed acyclic graphs), proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), universal payment solution and payment gateway.


Looking at the COTI/USDT chart, the Coti price movement has set a good market record by producing more than 1,000% jump in the 2021 market to record the latest all -time high (ATH) at the $ 0.60 price level on March 8.



From a technical point of view, the Coti price movement is trying to regain upward momentum, the SBR (support become resistance) level around $ 0.15 is seen to be the next focus level to target.


For higher price increases, the price is expected to test the SBR level and may test the trendline resistance to give a clear signal to make a higher rise.


However, if the Coti price continues the bearish trend, the price is seen to test the support level of $ 0.12- $ 0.13 before heading to the lowest level ever recorded before.


At the time of writing, COTI/USDT is trading at $ 0.14 up over 2% in the last 24 hours.