Ravencoin is a PoW coin that has a very devote following. A lot of the followers of Ravencoin are the miners themselves. Per CoinGecko
Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets. Just as Monero is solely focused on privacy, Ravencoin specializes in asset transfer β nothing more, nothing less. Although you can exchange assets over other blockchains, like Bitcoin and Ethereum, thatβs not their intended purpose. And the lack of specialization leads to problems that are specific to transferring assets. Ravencoin enables you to create and trade any real-world (e.g., gold bars, land deeds) or digital (e.g., gaming items, software licenses) assets on a network with only that in mind.
When Ethereum merges and there are a lot of miners looking for something else to mine, many will turn to Ravencoin. Since they have such a great community, I expect them to get a lot more vocal and for us to see a large increase in Ravencoin mentions here and on other social media platforms. I would not be surprised if this also corresponded with a price increase.
Just because you will see this in the future, does not mean that Ravencoin is a good investment.
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