According to BlockBeats, the DAG payment network COTI has experienced a significant increase in value, breaking through $0.24. The current price is $0.24037, representing a 24-hour increase of over 76%.
COTI, which stands for Currency of the Internet, is a decentralized payment platform that aims to make digital currency transactions more efficient and user-friendly. The platform utilizes a Directed Acyclic Graph (DAG) architecture, which allows for faster transaction processing and lower fees compared to traditional blockchain-based systems.
This recent surge in COTI's value may be attributed to various factors, including increased interest in decentralized finance (DeFi) and the growing adoption of digital currencies for payments. As more people and businesses begin to explore the potential benefits of using digital currencies, platforms like COTI may continue to gain traction and see further growth in value.