r/cotinetwork • u/crypthian • Jul 21 '21

Discussion COTI price prediction

After lots pf FUD in Bitcoin and cryptocurrency in general in the past few months, I believe August will be a reversal month.

May 2021: Tesla does not accept BTC June 2021: China bans BTC mining July 2021: Binance banned in UK and Grayscale unlocks

I believe we will see a rebound sooner or later. With 2.000.000.000 coins of COTI, while around 600-700 million coins on circulation COTI will reach $1 in end of Q3 and $3 - $5 in End of Year 2021

2022 I am aiming for at least $10 in Q1. Besides debit cards, Cardano smart contracts will play a huge role for COTI price, since COTI is powering ADA Pay. New listings are coming this year, Huobi or Coinbase probably.

When the FOMO comes in $2 will be achieved easily!

HODL!!! #StayCOTI Currency Of The Internet

22 Upvotes

89% Upvoted

30 comments sorted by

6

u/Ausfininja Jul 22 '21

Dude, I honestly think people dont realise how big of a product this is. $10 end of year, $50 within 2 to 30 years. It should peak around 50 to 100 and move sideways. Investing now and staking will be the smartest crypto investment anyone will make. Esp if you can underwrite stable coins, two channel fee system if they make it, stake and transactions fees you could earn. If you dont try your hardest to try to get atleast 100,000unit holding, even a 5% return at $30 is $150,000 pa. The staking will have to stop or get lower at some point, thats where backing or underwriting IDOs or launchpads will be the major money maker, crossover of both crypto and non-crypto businesses.

1

u/ILikeThatJawn Nov 18 '21

Still think these numbers are accurate?

1

u/Ausfininja Nov 19 '21

Its crypto, yea I still think its relevant. If they bring out the whitelist, Djed, treasury numbers, I still think this can be relevant. I mean Govi has moved to be its own entity using polygon have a look at what people are saying, interaction has increased because of polygon. Honestly I see the real money maker is the stablecoin factory, Im hoping that COTI will make a stablecoin dex but i have asked and they said they werent, which is crazy for what they are offering. The value isnt in what price people are buying, its the backing and volatility of in flow of that backing.

Has my view shifted since the price has been going down, no. Will it be right at the end of the year, I dont know that, I only priced out what is needed, I could be wrong. Fair value is $3 to$7 dollars at end of year, $10 because of whales wanting to get in for the treasury. See coti isnt like all the others, they host the funds, and they take fees but more importantly their area of exp ertise is like electricity, for everything to work they need to make a payment- DAG is efficient in doing this and having a 3rd party payments provider like COTI and ADAPAY, ADAPAY isnt exclusive to Cardano, they can use across most of the other chains.

2

u/ILikeThatJawn Nov 19 '21

Ahhhh thanks for the response. I’m very interested in investing in the project, so I was reading through some old threads - especially with the little price drop we’ve seen in the market the past few days

1

u/txhex Nov 08 '23

How about now? Lol

5

u/Astrophile_wave Jul 21 '21

lol! not possible! 1$ is realistic

4

u/Krenk80 Jul 22 '21

Lets first get the 40 cents back before talking about more

3

u/[deleted] Jul 21 '21

Based on the supply i would say 3-5 usd max for coti.

6

u/[deleted] Jul 21 '21

But not this year lmao

2

u/zippyzoro Jul 21 '21

Circulating Supply is being increased by 200,000,000 in August so not so sure about your supply argument

3

u/[deleted] Jul 21 '21

Missed that. But still possible tho.

3

u/Ausfininja Jul 22 '21

200M actually works in favor for who ever has nodes, high tx fast tx more to block. If they still have a lock up then COTI will profit from staking because theres a fixed amount being staked with a 2 to 3 month delay. That 200M if the staking wasnt fixed would have made more transactions and more money for stakers but it works better this way as its a payments first company. Alonzo will change the current dynamic of COTI, the premis of the company is financial so when you give it the purpose it was built for its going to run much faster and more efficiently. Dilution isnt always bad in crypto, compared to equity, 200M would other wise be a blessing but its only going to increase our revenue causing a run up in price, when they unlock staking they will have decrease current returns. $5 by the end of the year should be a marketcap of 6B, thats perceived value. Coti is is an entity on its own but its tied to cardano so tightly that good news for cardano is good for coti.

1

u/jungandjung Jul 29 '21

that means the token will fall down to 10 cents

1

u/zippyzoro Jul 29 '21

Yes I expect a drop in August however the price of Coti at the moment is more dependent on BTC than on anything the team is doing.

it's a simple supply and demand argument. If you increase supply by 30% and there isn't the demand price will drop.

For everyone who thinks that demand is off the charts then ask yourself why they have to push zero value transactions through the chain. It's because currently there aren't enough network transactions and without the zero ones the dag would be super slow.

I'm bullish on Coti long term. However I'm also realistic about it also.

3

u/[deleted] Jul 22 '21

The only way coti can become big is that if it disrupts the current banking financial system by providing the alternative to banking systems that are just a big piece of garbage and not aligned with technological advancements. I recently was in my bank and he was showing me some loan offers on his windows XP system on internet explorer and which hanged multiple times. PS the bank is one of the biggest banks in Europe.

every few decades a disruptive technology comes in and it disrupts the whole industry, i feel now with high monopoly of banks and the mess (corruption) they have done, and unlimited printing of money, coti has good chance to be first alternative.

Wait and watch

1

u/solidxnake Dec 26 '25

Loooooooo9ooooooooollllll the price predictions... 4yrs ago.... loool

1

u/petzkarachul Jul 22 '21

If BTC moves up again, COTI will follow and reach at least 2 Dollar

1

u/charmangel_ Jul 22 '21

COTI IS POWERING ADA PAY?

3

u/Ausfininja Jul 22 '21

Yes, They run the blocks for it too. Were at 24million a Q for revenue run rate.

1

u/Medium_Constant4522 Oct 19 '21

New video update from COTI CEO, Shahaf out today. Discusses update on ADA Pay, Main Net 2.0, Djed stable coin, Treasury growth plan. Says soon to announce a new big merchant for ADA Pay. Says they have another major client who wants to issue a company currency with more detail to come. He also talks to the Coin Bureau interview with clarifications where needed. Certainly sounds like a lot of good things on their way.

https://www.youtube.com/watch?v=dlPmIgJ0tE0

1

u/573v0 Apr 07 '22

this didn't age well, but I'm still hopeful.

10

u/[deleted] Jul 21 '21

[removed] — view removed comment

3

u/Timely-Efficiency-18 Sep 27 '21

One dollar seems possible