A fringe Cosmos project that had been written off as a slow rug after it dropped to -99.9% from its all-time high, SifChain's ROWAN token has suddenly enjoyed a pump that looks like it has legs.
After a year and a half of sparse communications and community activity, it seems that the project's socials are active again: Twitter, Discord, and Telegram have picked up in activity since the pump and this is the most bullish signal. It means there is high conviction somewhere, which can spread exponentially if it's in the right place, right time (like BONK). Additionally, there's progress on the dev side, as new DEX features are in the plans.
Cosmos ecosystem is having a moment right now, but what it's missing is a meme or shit coin. Not saying that this is it, but it's chart looks like one and that may not be a bad thing right now.
Note: the Coingecko chart below is the price tracker for EROWAN based on Ethereum but has roughly the same price.
Source: Coingecko Show Less
