COTI Announce New Partnership

DJED Creators COTI announce new NFT partnership

Another New Partnership

COTI Have just announced another new partnership with Yepple that looks to be integrating payments using DJED, their new Cardano Stablecoin.

Yepple are a blockchain solutions company, helping launch NFT projects on the Cardano blockchain. They’ve already worked with Salty Seagulls, Ape Nation, VyFinance and more.

What Does This Mean?

Another partnership for COTI and DJED means more demand for the stablecoin. As you may or may not be aware, DJED is meant to be launching January 2023 (so sometime soon) and is backed by Cardano’s own native token ADA.

This means the more DJED in circulation, the less ADA in circulation. Which could create a supply shock to the blockchain and increase the price of ADA.

We’ve already seen an 19% increase in the price of ADA over the first week of 2023, with the launch of DJED can we see it go further? maybe hitting $0.50 by the end of the month?