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Apple Pay integration and Staking 3.0 launch push COTI price to a new high

COTI price hit a new all-time high following the roll-out of Staking 3.0 and a Simplex integration that allows Apple Pay users to purchase the token.
As big-name payment processors like Visa and Mastercard increasingly integrate blockchain technology into their payment rails, decentralized platforms offering the best solutions to issues like scalability and fast transaction times are gaining traction. COTI is one such platform that has been gaining momentum in recent weeks after a series of network upgrades and big announcements brought extra attention to the enterprise-grade fintech platform. According to COTI’s website, the protocol focuses on empowering organizations to create their own payment solutions and digitize any form of currency as a way to save time and money. COTI/USDT 4-hour chart. Source: TradingViewData from Cointelegraph Markets and TradingView shows that the price of COTI has rocketed 345% over the past month, going from a low of $0.63 on Feb. 4 to a new all-time high of $0.283 on March 5, as investor excitement grows following the release of COTI Staking 3.0 on March 1. Fiat onramps and protocol upgrades help increase community involvementAside from the release of Staking 3.0, COTI also received an extra dose of enthusiasm on March 3 when it was announced that Apple Pay users are now able to purchase COTI as a result of a partnership with Simplex. Scrolling through the project’s Twitter feed points to an active February for the COTI ecosystem. The list of multiple partnerships and integrations shows that interoperability is one of the ultimate goals of the protocol. …
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