This coin has been kinda dead for a year, why does there seem to be a spike in interest? Any announcements or just and pump and dump?
Noone knows, it may be some big investors or even some exchanges insiders buying-someone who might know more than us. This is rare coin, with low maximum cap, so even few coins may be worth a lot in the future - if all goes well. So its worth investing few dollars, just in case.
Its not as dead as it looks like, most of the holders are PoS minig, and trading volume is a lot higher than it used to be.
I followed distribution of coins on cryptopia, and during last 6 months total amount held by top 50 accounts more than doubled. On last place it used to be below 100 coins, now its 285. And its not countig coins which where withdrawn from exchange.