Examine the relationship between the exchange coins. BNB, KCS, and COSS. BNB has been ticking up for good reason, in anticipation of their quarterly burn.
When we see moons on CMC, we research why. When people saw BNB moon, they researched why, and then came to the conclusion that exchange coins were a good buy - because they are. With this surge, people looked at BNB's fairly large market cap, and decided they'd look for the next big thing.
Boom, they found KCS. And here is a crucial part : they learned about dividend sharing. This is the qualifier for COSS. Not only did they find another coin that actually has value tied to a real life business, an exchange, but the value is further proven by dividends paid. Now, KCS flies up. However, examining KCS post $8, the reality sets in that unless you are willing to make the investment to become a KCS whale, the dividends are long term(you cannot move around the dust, you need it to accumulate).
Here, logically, the compounding avalanche of FOMOing researchers reached their next destination. COSS. Upon examining COSS, they saw its small market cap, exchange value, and jumped in. This caused the jump.
This pop to $1 is all that was needed for COSS to be activated. Below $1, people could still look at COSS and see the risk of it withering away with its small market cap. Now, it has proof of concept from KCS, and the money valuation behind it to make it worth something.
Not only are people continuing to arrive from the BNB --> KCS --> COSS slip and slide, people are starting to take second looks at their COSS stacks and realize this is the real deal. People are doubling down. This has also given COSS crucial visibility as one of CMCs top 20 growers for the day. *Whether they buy or not, COSS will be a little sticky note in the investors mind. *
People are going to look at the price of KCS and its market cap, and then look at COSS. The moon couldn't be more obvious. Right now we are at a small snag. If you guys thought this 130% jump to $1.00 was a moon, right now we are accumulating for a mission to the fucking Crab Nebula. We're going to $10.00, and its coming a lot sooner than you think.
Thanks for reading!