Anonymous’ cryptocurrency collapsed, investors lost almost everything

Anonymous’ cryptocurrency collapsed, investors lost almost everything

After just a few days, the Anon Inu Coin issued by the Anonymous hacker group fell sharply. The plan to declare war on Elon Musk and China appears to have failed.

Anon Inu is a token developed by the notorious hacker group Anonymous to declare war on billionaire Elon Musk. The price of this cryptocurrency fell sharply on July 19th at noon, from $ 0.0087 up to 0.0000051 USD in just 15 minutes, which is a reduction of 1,705 times. On the evening of July 19, the value of this token was enclosed 0.0004 USD.

The sharp drop in the share price caused many investors in the ANON INU community’s chat group to panic. Many people were sold out, the rest did not have time to react.

“There are no words to describe this drop in prices, I’ve lost all of my fortune,” said an account named Joe G on the ANON INU chat group on Telegram.

The admin account of this group constantly reassures investors and promises to bring the Anon Inu-Coin back to the old price point. At the same time, some users believe that this coin will have a strong “pump” that will push Anonymous’ s token value back up. This group of people wrote the slogan “BUY THE DIP” all the time.

The administrator of this community believes there has been a huge sell-off. According to data from the PancakeSwap exchange, a user sold 250 billion ANON INU tokens and almost made money $ 169,000. The latest post on Anon Inu’s official Twitter page claims the token will rise again and “defeat” Dogecoin, the popular meme cryptocurrency.

According to the official website of this cryptocurrency, the ANON INU token will be issued based on the Binance Smart Chain (BSC) platform with a total offering of 1 trillion tokens. Anon Inu’s roadmap is primarily focused on setting up time for CoinMarketCap, giving away free NFTs, and donating to charity.

In a video shared on YouTube on July 16, Anonymous said the Chinese government’s control took the Bitcoin market by surprise and heavily impacted it. However, this is essentially a deliberate move by China to limit Bitcoin’s competitiveness against the country’s soon-to-be-widespread digital yuan.

Before the Chinese government controlled it, most of the Bitcoin mining system was located in the land of billions of people due to favorable climatic conditions and cheap electricity prices. After China’s crackdown, many miners sold Bitcoin to get money out of the country. This move resulted in a sell-off that caused the Bitcoin price to collapse.

In the video, Anonymous also said that the cryptocurrency Anon Inu will start a “meme war,” referring to Dogecoin and the price volatility thanks to billionaire Elon Musk.

A khang

ZING