Coti (COTI)
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Low-Cap Privacy Play: Why Capital is Rotating From ZEC and DASH Into COTI
Yahoo Financeยท 2025-11-10 08:24
Core Insights - Interest in privacy coins is shifting from large-cap coins like Zcash to mid-cap and low-cap altcoins, with Coti currently attracting significant attention [1][2] - Coti has experienced a remarkable surge, becoming the best-performing altcoin in the privacy blockchain category, with a 54% increase in value over 24 hours [3] - The market capitalization of Coti rose from $65 million to $127 million in November, although it still trails behind larger competitors like DASH and ZEC [5] Company Overview - Coti is a privacy-focused blockchain platform that employs Garbled Circuits technology to provide programmable privacy, allowing users to manage their data flexibly [2] - Initially launched in 2019 for fast and low-cost payments, Coti has recently shifted its focus towards privacy solutions, integrating with over 70 blockchain networks, including Ethereum [2] Market Performance - Coti's market capitalization has seen significant growth, with historical data indicating a previous peak of $1.6 billion in 2017, reviving investor hopes for a return to those levels [5] - The number of daily active addresses on the Coti network has reached a six-month high, increasing from around 100 in April to over 650, indicating growing user engagement [6][7] - Coti currently has over 17,000 total accounts and processes more than 22,000 transactions daily, with nearly 59 million total transactions completed on the network [8][9] Industry Perspective - The CEO of Coti, Shahaf Bar-Geffen, emphasized that privacy is not just a feature but essential infrastructure for unlocking future on-chain value across various sectors like RWAs, DeFi, and AI [4]