COTI Gains Spotlight as Investors Eye Privacy-Focused Blockchain Projects
Low-cap privacy altcoins are becoming more popular. Large-cap brands like Zcash saw a shift in capital inflows last month to mid-cap altcoins like Dash. Low-cap projects like Coti (COTI) have gained attention this month. COTI is a blockchain network that prioritizes privacy and uses Garbled Circuits technology to guarantee safe computation. Users now have more freedom and control over their data because of programmable privacy. When COTI was first introduced in 2019, its primary goal was to offer quick and affordable payments. It is now integrated with over 70 blockchain networks, including Ethereum, and has recently turned its attention to privacy solutions.
Privacy isn’t a feature for the next cycle. It’s the infrastructure that unlocks the next trillion in on-chain value. RWAs, DeFi, AI agents all require Programmable Privacy. The capital is waking up to this reality.
Shahaf Bar-Geffen, CEO of Coti
COTI Tops CoinGecko Privacy Blockchain Rankings After Surge
Many investors have been persuaded by this strategy that COTI has an advantage over other privacy coins like Zcash. Current COTI holders have also been motivated by ZEC’s recent surge. At the time of publication, COTI was the top-performing cryptocurrency in CoinGecko’s Privacy Blockchain Coins category after rising more than 39% over the previous day.
In November, the market capitalization of COTI increased from $65 million to $127 million. Even with its expansion, it still trails billion-dollar companies like ZEC and DASH. The growth of low-cap altcoins frequently stimulates optimism in a bull market. According to historical data, COTI’s market capitalization hit $1.6 billion in 2017. Investor hopes for a comeback to prior highs have been rekindled by the November rise.
On-Chain Data Shows Growing Usage for COTI Network
This optimism is supported by on-chain data. Cotiscan reports that the COTI network’s daily active address count reached its highest point in six months. This indicates an increase in actual usage. The network had about 100 active addresses every day in April. As of October, that number has increased to over 650. However, even while this growth suggests that user interest is growing, it is still little in comparison to COTI’s long-term potential.
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