FUNDAMENTALS:
There will be an increase in the supply of 20%, which means 179 million coins will be issued this year(2022) on February 4 (medium.com/cotinetwo...-growth-c8a7293f90e1). Also, treasury is coming up at the end of January, native staking for COTI holders thru viper wallet. Binance staking is already sold out last December 21, 2021. DJED stable coin news anytime with new merchants updates.
TECHNICALS:
There is strong support at 29c, and we can see a short-term reversal from here, but supply can change all the technicals, but last time the supply was increased, it did not affect the price of COTI; instead, it went upward.
Personal Opinion:
If you are a long-term holder, buy every dip coming and hold your coins. This year COTI will rise above $1+ and for me. It's the best DEFI project out there because the goal is to make the world connected with crypto, and COTI will create stable coins for big companies in future. COTI is associated with ADA(recently, ADA partnership with Samsung was announced), so for me, it's strong buy me, plus it does 100,000 transactions per second.
There will be an increase in the supply of 20%, which means 179 million coins will be issued this year(2022) on February 4 (medium.com/cotinetwo...-growth-c8a7293f90e1). Also, treasury is coming up at the end of January, native staking for COTI holders thru viper wallet. Binance staking is already sold out last December 21, 2021. DJED stable coin news anytime with new merchants updates.
TECHNICALS:
There is strong support at 29c, and we can see a short-term reversal from here, but supply can change all the technicals, but last time the supply was increased, it did not affect the price of COTI; instead, it went upward.
Personal Opinion:
If you are a long-term holder, buy every dip coming and hold your coins. This year COTI will rise above $1+ and for me. It's the best DEFI project out there because the goal is to make the world connected with crypto, and COTI will create stable coins for big companies in future. COTI is associated with ADA(recently, ADA partnership with Samsung was announced), so for me, it's strong buy me, plus it does 100,000 transactions per second.