### Pay Attention Time In Crypto we have to always look for clues on anything that can influence the price as we are here to make profits. When you are involved in projects you do get the inside scoop which is not insider trading, but a benefit of following what is happening. I do believe the COTI price is going to sky rocket within the next 8 weeks and here is why. DJED the stable coin for the Cardano eco system was launched by COTI on the 31st January and things have been slow going. The reason for this was the team decided to phase it in slowly making sure there were no problems. As you can see by the current numbers this is still chicken feed in comparison to other stable coins and their market caps.

13.8 million DJED equates to 35.6 million ADA being locked up as 2.6 ADA represents 1 DJED which represents $1 in value. Binanace mentioned they would like DJED on the Binance Smart Chain and even posted how to get your hands on DJED by using the conversion mechanism. Over the last few days one of the guys in the COTI community noticed some unusual activity on Binance with their ADA wallets.

[source](https://twitter.com/SPO_DINO/status/1644506372216872960/photo/1) The Binance wallet address has increased their ADA volume from around 100 million to 930 million which gets us guessing as to what happens next. If you follow the time lines you have to presume they are about to mint DJED for BSC. Why would Binance post instructions on how to mint DJED shortly afterwards as this has to be their thought process.

[source](https://twitter.com/SPO_DINO/status/1644506173721436160) We know you need roughly 8 x ADA to create 1 DJED as there is a reserve coin that is required to provide the stability. DJED is run by a smart contract which allows for no human intervention whatsoever which tells you whether you can mint or burn DJED according to the reserves. 900 million ADA will allow for just over 100 Million DJED to be minted which is the kind of numbers we expected to see happen. The slow rollout with the various phases is about to kick into another gear. What this means if you are a COTI staker in the Treasury is that there should be a windfall via an increased APR coming in the near future. 100 million DJED being minted will amount to around $500K in service fees (0.5%) which will be used to buy COTI from the exchanges. This will most likely happen on Binance buying the ERC 20 token and then coming to the Treasury via the bridge converting the ERC 20 COTI token into the native COTI token. At current prices that is around 6.6 million COTI but could turn out far less due to liquidity and the price of purchase. How much will this force the price of COTI up is anyone's guess, but realistically can see a 30c minimum or 4 x the current price. Roughly 170K COTI will hit 11.7c so I may be way off with the pricing here and will be one to look out for. Possibly an ATH ($0.66) will be seen as this is a combination of factors all playing out at once. I see this happening after the GCOTI airdrop campaign which will make things very interesting as so much COTI will all ready be locked up for extended periods between 180 and 360 days. This would be the smart play and where I see the price of COTI shooting up very quickly. My tactics have suddenly changed as instead of staking regularly I will be keeping some liquid and taking advantage of what should be an interesting period. This is why finding investments that will rise due to demand and not what Bitcoin is doing is important. DJED is just going to be one of many revenue streams buying liquid COTI and why the price of COTI is going to shock so many people once they understand how it works. This as always is not financial advice and always do your own research. DYOR gets you ahead of the game and why not following the crowd is the best option. Posted Using [LeoFinance ^Beta](https://leofinance.io/@cryptoandcoffee/is-coti-about-to-make-a-big-price-move)