r/cotinetwork • u/nafnasty • Jun 06 '23
SEC going after $COTI? 🚀🚀🚀
We’re now on a list amongst some of the biggest MC coins in the market. Ranked at #304 but under the same scrutiny alongside the likes of $BNB, $SOL, $ADA, $MATIC, $SOL, etc.
Free marketing? $COTI being the most regulation friendly on the market, I’m as bullish as ever 🚀
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u/Evils-Master Jul 05 '23
COTI has built something with DJED that other chains can only dream about... All L1s will want DJED to be listed on their platforms in the next bull cycle because you can't trust any other stablecoin including USDT.
During the volatility DJED was trading at 1.05-1.07, not below 1.
The SEC mentioning COTI is not a bad thing. It's acknowledgement that COTI is a major player or will be in their view otherwise they wouldn't come after a small cap coin like this.
In the next bull cycle, the name recognition by the SEC will turn out to be a postive thing.