Over the last couple of weeks COTI has been on the rise and long may it continue which I kind of expect if I am being hones. The COTI team placed the COTI Treasury on hold/pause 3 weeks ago and since then we have seen the price steadily rising.
This is no coincidence with the team concentrating on the privacy technology and adoption which is going to pay off big time staying on this course. When I researched and selected COTI for my investment nearly five years ago the research was more about reducing the risk which as we know is extremely high in alt coins.
Selecting the right crypto token is not like selecting a horse in a race because there is more insight to be found when not only researching the whitepaper by researching the team behind the crypto. COTI was a no brainer once I understood the team because it gave me the confidence to go all in and become my largest crypto investment. The idea of finding a hidden gem before the rest of crypto do is what dreams are made of and why researching crypto is the key to unlocking wealth if you have researched correctly and got a little lucky along the way. We all need a little luck and COTI evolving into privacy was unexpected and was the luck my investment needed and why you must always research those behind your investment.
Nearly 5 years ago privacy was not mentioned directly as a lack of it being a problem, but the institutions had rejected COTI as a payment service provider and this was the turning point. An example I can recall was a private hospital group wanted to use the blockchain for paying accounts and processing salaries and COTI evolved by finding a solution.
The team accounted obstacles and instead of looking for other institutions who would all feel the exact same way they had to develop privacy tech and this was 3 years ago so this has been in the pipeline for some time.
I think this is why I am not surprised with the price having twitched a few times is starting to move as they are the only privacy tech ready for Ethereum with COTI being an L2 crypto. COTI has positioned itself perfectly over the last few years having moved from being DAG based and now based on Ethereum for the last 18 months.
The privacy narrative is very strong these days even with most privacy tech having nothing ready to go. What is available currently cannot be used by institutions due to the lack of scalability and cannot handle multiple transactions. This is where COTI changes things and why it is now the front runner in privacy even if those in crypto do not see this yet.
COTI is 10 days away from revealing what we already know at the AVAX summit in New York being the 16th-17th September. The timing could no be more perfect especially with how the price of COTI has been rising. What will happen with the COTI price when this COTI tech Garbled Circuits goes live on AVAX in 10 days time offering privacy on demand (POD). This is not only big news for COTI, but Avalanche (AVAX) as well which is how it benefits everyone invested.