Hoping COTI Treasury Is Currently Migrating

Today is the day we are meant to see our COTI stake migrate over to the new COTI V2 treasury as COTI becomes the latest brand new Eth L2 token. I am still not 100% sure if it is happening today, but can recall it being mentioned last week. The old COTI Treasury is currently unavailable and the new Treasury does not show my stake so this could be the limbo land.

The sooner we migrate the better now as for myself personally this is holding my accumulation process up. I have a system I try and stick to and this has been on hold for a good 3 weeks already. I have COTI on an exchange ready to transfer so the sooner this happens the better as 3 or 4 weeks in crypto time is considered far longer.

I am curious how long this will take to see the value rise now we are part of Ethereum and how quickly the COTI V2 privacy tech will be adopted. We all know this is big news not only for the Ethereum eco system, but crypto in general. The need to have privacy features was something the institutions have been asking for as transparency on the blockchain was not something they could use. Too much information was being revealed and why crypto was never going to be adopted as it was unusable in it's current offering.

This should start to trigger institution adoption and this should be quick due to the developers having been working behind the scenes waiting for the COTI V2 launch. Certain big names involved have been withheld and will only be revealed when they are ready.

To think when I started investing in COTI over 3 years ago they were a payment service provider and have developed into so much more. Now they are a stable coin provider, payment service provider and now offering privacy tech through what they have developed. his is wat happens when you get lucky investing in the right projects as you grow with them. The lucky part maybe questionable as research that took months helped you select and there is no luck in that and what raises the percentage of hitting a home run.

Not surprisingly the expectation for COTI V2 is very high when comparing market caps of other Eth L2 tokens and what they offer to the Eth eco system. COTI is bringing serious value and you would hope to see that turn into some sort of price value. This is never immediately seen and can take months, but I do think once everyone sees how big this is the price will jump very quickly.

Hoping the migration will be completed this evening so there is no more wasted time being placed on hold. The next 6-7 months will be important to help us achieve our end of cycle targets.

Posted Using INLEO