And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!
We need to understand that tokens are somethings that has more higher volatility even than the coins itself, well atimes those behind the NFT pump the price just to deceives and eventually you discover a sporadic decline in its value, this is risky enough but weather rising or falling ones you have your assets in tokens then bear in mind the more danger it poses and same way it has a good opportunity to provide as well, but the effect of pump and dump could be disastrous.
Well I think its also due to market condition. We see a lil bit of pumping in the market recently. I saw that they are partnering with some big names out there and some influencers that could possibly be the reason for the pump. The market is recovering and surely we'll see more of these.