$ROOST Reaches $300M Cap, Seen as 'Great Pump and Dump', Amidst Calls for Explanation

The cryptocurrency $ROOST has recently captured significant attention, reaching a market capitalization of $300 million. This surge in value has sparked discussions among investors and cryptocurrency enthusiasts, with some viewing it as a prime candidate for a 'great pump and dump' scheme. Additionally, the involvement of $ROOST in combination with other cryptocurrencies like $slerp and $bome, and the engagement of influencers in promoting it, have further fueled its visibility and speculative interest, with comments indicating that 'Influencers are mad.' Amidst this, there are calls for a simplified explanation of what $ROOST actually is, with requests to 'Please ELI5?', indicating a growing curiosity and potentially a lack of understanding among the broader public.