Last night COTI was pumping hard with roughly an 80% gain within the last 24 hours. The price has since dropped back to a 33% gain which is normal as the price does not just go up in a straight line. Over the next day or so I expect this to print a new higher high and another lower high if that makes sense.
The privacy narrative is strong and many are seeing what I have said all along and that COTI stands alone with the tech it has on offer and the other privacy crypto projects are limited in what they offer and are not scalable for adoption.
It is amazing what price can do and with COTI leading the way yesterday and last night many in the crypto community took notice. The problem with any crypto investment is you can become distracted and start to second guess your investments due to FOMO of seeing other tokens rising in value. How many times do you hop in and out of investments only for them to suddenly start climbing in value after you have sold.
Last night we saw $139 million in traded volume on COTI and I see no reason why later this week we will not see $0.20c. The sell wall has been hit hard and what is left will not take long to remove. This just seems inevitable right now and the great part is the crypto market is going sideways still. The getting ahead part is crucial for the final end price for when the Bull Cycle hits hard. I am no trader and believe in the patience game of holding and accumulating earning rewards daily via staking. This has worked well for me on HIVE and this is the only way I know so why change something when you know this method works.
The way to make money in a crypto investment is to get in early and wait for others to find it and to not be a follower because when you hear about it this is already too late. The key here is in what has been developed with regard to privacy and no other crypto project has what COTI has to offer and it is that simple. Institutions cannot use ZCash due to the limitations of the privacy tech and limited scalability.
The problem we all have with any investment is when it comes to selling as what would be a good target price and this is the unknown part. Could COTI achieve $2 or possibly $5 when we see the peak of the cycle which would still place the market cap at around $13 billion.
COTI is an online payment service provider using crypto and a stable coin launch pad/mint working behind the scenes with projects like the Digital Euro. COTI is working with certain institutions and why the privacy tech was developed as they requested this in order to be able to use crypto for payments. ZCash tech was already available and this did not tick the institutions needs which I find rather telling. Who are those institutions working with COTI developing their payment systems as that could make a massive difference to the COTI price over night.
Whatever happens this is all good news and this recognition has been expected as with this type of tech you cannot stay under the radar forever. I would like to get to 250K COTI staked before this happens and will continue to grow my bags as fast as possible. The hope is this 4 year investment project I started back in 2021 will pay off handsomely justifying the time spent researching various projects and finally selecting COTI. This was not a by chance investment and was planned to deliver the returns required.