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Canton Coin falls 16% in a week amid DTC's upcoming tokenization service launch plans.

Market News
20 Oct 2026
Tokenpost
View Source
Neutral
Canton Coin falls 16% in a week amid DTC's upcoming tokenization service launch plans.

Canton Coin (CC) dropped 16% over seven days, closing near $0.10 on Oct. 20, down from $0.125 on Oct. 13. This decline comes as The Depository Trust Company (DTC) prepares to launch a tokenization service linked to the Canton Network, expected in Q4 2026. The service will allow eligible participants to tokenize securities held at DTC, potentially increasing network activity and CC usage. However, the exact impact on CC's value remains unclear, with the token's decline not directly tied to the service timeline.

Canton Coin's recent 16% decline contrasts with broader cryptocurrency gains on Pluang. As of Oct 21, 2026 08:21 WIB, 44 of 50 major cryptocurrencies rose, while only 5 fell. Among notable movers, COTI increased by 5.12% to Rp203 with a typical hold time of 121 days, SNX rose 4.96% to Rp4,060 with 75% buy order activity, and XTZ gained 4.91% to Rp5,623 despite 67% sell orders.

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