Check Today's Crypto Market:
Bittime - COTI has experienced a significant surge in activity along with its latest innovation: Garbled Circuits, a privacy-enhancing feature integrated into the COTI blockchain.
Introduced on February 20, this blockchain encryption technology overcomes previous limitations and introduces significant improvements.
Also Read: Ethereum Prices Skyrocket After US Purchases on Coinbase, Buy ETH Now?
What is COTI (COTI)?
COTI is a fintech platform that empowers businesses with the tools necessary to establish their own payment systems and convert currencies digitally.
This allows businesses to optimize their operations, ultimately saving valuable time and resources.
Also Read How To Buy Crypto:
The Reason Behind the 115% Increase in COTI Prices
COTI boasts impressive advances, with computing speeds 1,000 times faster than conventional Fully Homomorphic Encryption (FHE) systems, and a storage footprint 250 times smaller than alternative solutions.
Garbled Circuits provides a unique advantage by facilitating transactions involving private status shared among multiple parties, a capability that Zero-Knowledge (ZK) solutions do not offer.
Also Read COTI Presents First Garbled Circuits on Blockchain, Increases Privacy and Security
Market Analysis and Future Prospects of COTI
Over the past weekend, DeFi tokens have taken over the crypto market rally with Uniswap bringing the DeFi market back to life. Nonetheless, this surge in momentum was blocked by resistance at $0.23222, resulting in a period of bearish influence on the price.
Based on Market Bittime prices, at the time of writing this article (28/02/2024). The COTI price is at Rp. 3,405 with a decline of -9.46%.
Moving Average Convergence Divergence (MACD) analysis reveals a decline in the green histogram, signaling weak price action in the market for the asset.
Additionally, the average shows a steady increase, reflecting mixed sentiment among investors in the crypto space.
Check Crypto Prices Today:
Will COTI Continue Its Upward Trend?
If so, COTI price has the potential to face an upper resistance level of IDR 4082.00.
Maintaining the level at this price could pave the way for further testing at Rp. 4710.00 in the coming weeks.
Conversely, a bearish reversal could result in the price retreating to the support level of IDR. 2150.90
How to Buy Coti (COTI) from Bittime
You can buy and sell Coti (COTI) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Coti (COTI) is available on Bittime with the market pair COTI/IDR . To be able to buy COTI IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Coti (COTI) on Bittime .
Monitor price chart movements of Coti (COTI), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
significant from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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