Crypto journey: Litecoin, Fetch AI and Coti
Crypto journey: Litecoin, Fetch AI and Coti

Crypto journey: Litecoin, Fetch AI and Coti

By George Michael Belardinelli - 6 Feb 2023

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In this article, we analyze the price and features of BTC’s little sister, Litecoin, as well as the state-of-the-art crypto Fetch AI (based on artificial intelligence) and Coti.

Fetch AI (FET)

The company was born six years ago from the minds of Toby Simpson, Humayun Sheikh, and Thomas Hain but only found space on Binance through IEO two years later.

Fetch AI is nothing more than an artificial intelligence (AI) project that is characterized by self-learning.

The company is decentralized in nature and is characterized by a democratic approach to artificial intelligence; it does not require authorization and each user is free to learn autonomously.

Fetch.AI is characterized by improving DeFi trading services, mobility, energy, but also travel services.

Recently the “Capricorn” upgrade on the main net modified the blockchain, improving it.

Among the improvements, we can include enabling inter-blockchain communication (IBC) which gives the native token the ability to be available on all Cosmos DEX thanks to Osmosis Lab.

The native token of Fetch AI is called FET.

Fetch AI’s FET token is a fundamental part of the platform’s smart contracts.

Smart contracts can run on the network giving rise to contracts between different chains and giving the ability to those v1.0.0 CosmWasm VMs to run on the network.

Through FET, developers via payments can use self-learning utilities that enable the training of autonomous digital twins and the sharing of collective artificial intelligence.

The Fetch AI stack is divided into:

  • Digital Twin Framework: enables marketplaces and provides expertise and the power to connect.
  • Open Economic Framework: enables exploration and enables search functions.
  • Digital Twin Metropolis: a set of smart contracts executed on WebAssembly (WASM) to record all contracts between parties.
  • Fetch AI Blockchain: combines cryptography and gaming to provide privacy certainty, secure consent, and support Digital Twin Apps.

As of today, FET touched US$0.439143 registering an 8% loss since yesterday.

The token’s volume is $429,169,774 while its capitalization is $359,619,949.

Litecoin (LTC)

After purchases two weeks ago by several Whales, the token has not shined anymore and last week recorded – 2.45%.

The last thirty days, unlike the weekly result, showed a positive start to the year with the digital currency gaining a quarter of its value (24.96%).

The good one-month result however poses the crypto still far from its high of €382.76 (-77% from the all-time high).

Today Litecoin is down 2.35 percent to 88.84 euros with an outstanding supply of 72,217,890.72 LTC.

Litecoin (LTC) is a peer-to-peer, open-source crypto that originated twelve years ago as a viable option to Bitcoin.

At the time of creation, the developers undertook to correct the flaws that they felt characterized the BTC project.

Whether time has done justice to the good intentions of LTC’s programmers or not analysts tend to lean toward no but Litecoin’s reputation is nonetheless that of being an excellent crypto.

Litecoin, unlike Bitcoin, is technically much faster in block processing.

Transactions are very fast even though it consists of a larger volume than the more emblazoned BTC.

The concept of scarcity is also not the forte of Litecoin for which an amount that exceeds the maximum amount of Digital Gold by four times is provided.

Litecoin uses a specific algorithm that the developers say is the best to date in the cryptographic world.

Coti (COTI)

The creators cited themselves as a “DAG (directed acyclic graph) protocol optimized for creating decentralized payment networks and stablecoins.”

Coti is also the namesake token of the ERC-20 protocol.

The protocol uses Trustchain, which enables it to process over 100,000 transactions per second of both online and offline payments, stablecoin, and beyond.

COTI as of today is worth 0.09133318 Euro, substantially breaking even since yesterday.

The exchange volume of the token is 57.404.764 Euro while the capitalization is not very high: 123.667.833 Euro.

This currency is not relatable to those affected by scarcity boasting a circulating amount of 2 billion COTI.

The cryptocurrency’s highest price was €0.58 while its lowest was €0.01.

George Michael Belardinelli

A former corporate manager at Carifac Spa and later at Veneto Banca Scpa, blogger and Rhumière, over the years he has become passionate about philosophy and the opportunities that innovation and the media make available to us, in particular the metaverse and augmented reality

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