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Be[In]Crypto looks at seven altcoins that show promise for Aug and the developments surrounding their respective projects. The post Be[in]Crypto Presents Its Top Seven Altcoin Picks for Aug appeared first on BeInCrypto.
COTI's (CRYPTO: COTI) latest announcement revealed that Armadillo, powered by CVI, would be using Chainlink (CRYPTO: LINK) Keepers on Polygon's (CRYPTO: MATIC) network to reinforce impermanent loss protection. What Happened: COTI has announced that it will be leveraging Chainlink Keepers, a means to automate smart contract functions, to secure and cost-effectively automate payouts to compensate for the impermanent loss incurred by liquidity providers.
The COTI protocol, an Enterprise Layer 1 blockchain, will transform from a single currency infrastructure to a multi-token layer after a hard fork, Invezz learned from a Medium post. The protocol will launch MultiDAG 2.0 after this hard fork. CMD, a new token standard, also comes with this change.
COTI price is down by a percentage point in today's trading session. The drop comes a day after the crypto looked poised to reverse upwards.
COTI Network will undergo a hard fork that will see the deployment of MultiDAG 2.0 on its mainnet in approximately a month and a half.
Coinspeaker DAG Protocol COTI Makes ADA Pay Plugins Available for Odoo
COTI price downward trend is likely to continue despite today's trading session gains that have seen it rise by 2 percent.
Global crypto market waves red with the majority of the coins moving down.
COTI price is trending upwards in today's trading session. The crypto has also gained 30 percent in the past 4 days.
Coti price dropped by 13 percent in the early hours of the trading session. However, the prices have since recovered and currently at -6 %
Today's trading session has seen COTI set a new price low that the cryptocurrency has not traded since July 21, 2021
