Exceeding All Expectations
I think we all need a bit of luck along the way with our crypto investments because without a crystal ball we are more or less relying on development to make the differences. When I first stated out investing in COTI it was based on the team and their private payment network solutions for businesses. Those fundamentals are still in place, but things have moved forward for the better and changed considerably from 30 months ago.
No one could predict that COTI would move away from being a DAG based token to becoming an L2 Ethereum token which will happen in Q4 later this year. If we consider the last ATH back in November 2021 COTI achieved $0.66c and the new development that has been created since has yet to see the true value mainly because COTI is still a COTI V1 and not an L2 token right now. One can only imagine how much value will come when this happens.
If you consider the new COTI V2 is geared around privacy using their Garbled Circuit technology there is no reason why COTI V2 should not be leading the way by Market Cap with the other L2 tokens. The use cases that COTI V2 offers along with the current projects busy developing their own use cases incorporating the Garbled Circuits will add serious value.
Throw in the fact that they are involved with CBDC's because privacy is the key which now allows institutions to use the blockchains. I the past this is what has held them back because the blockchain reveals too much information by being transparent. Going forward not only governments, but big business can transact on the blockchain knowing they are doing so privately.
I mentioned the last COTI ATH was $0.66c back in November 2021 and I see that as nothing compared to what we shall see next year. Polygon (Matic) had a Market Cap of more than $18 billion and what COTI V2 offers in genuine real life use cases I see no reason why it cannot be the top Ethereum L2 token.
The investment I have in COTI is generating roughly $160 monthly through earnings via staking. These numbers I am more than happy with because they are being compounded daily and this will only increase over time. I do not see why this cannot become $500 or even more than $1000 in the future and is the perfect passive income stream I have been looking for. Selling at the peak and reinvesting is the plan long term for my investment.
It was not that long ago I was happy making $50 monthly and now that number has risen by more than 3 x. This is what can happen if you get involved within a crypto project early enough and stick with it. I think I was sold on the team behind COTI more than anything else knowing the person leading the project has been very successful in all of his other ventures previously and knows what it takes.
Posted Using InLeo Alpha
COTI continues to steadily build and develop towards the set goals. It is hard for me not to see this asset explode at some point. Overlap that would a bull market and we might see new ATHs.
New ATH's are guaranteed and it should explode i December if not before when it becomes an L2 token. I have seriously high hopes for this in the bull market next year.
It's great to see how your confidence in COTI has grown. I hope it pays off big brother