The digital money market is a ruthless business sector, especially for the trained, poorly educated, or those seeking quick benefit without knowing the basics.
The cost of Axion Network's AXN token exploded 99% just two hours after the coin was launched.
At the time of writing this article, suddenly 79 billion AXN was printed and sold.
AXN computerized cash was sent in the early long term from November 2, 2020 hours after the money has apparently exploded.
The group behind the AXN coins project said this may be due to a vengeful artist.
The Director of Operations for the "Axion Network" project commented at the official workstation on Telegram:
It appears that there was an escape clause in the agreement regarding the risks.
$ 500,000 was taken.
Meanwhile, Axion Venture Group is encouraging customers to avoid the coin.
The Operations Manager of the "ACCION Network" project added:
Try not to buy AXN at this point.
According to CoinGecko, the cost of AXN computerized funds instantly decreased from $ 0.00034079 to $ 0.00000015, meaning a 99% decrease.
Due to the news, some AXN holders are checking Axion for neglecting to clearly warn customers ahead of time.
One affected expressed:
I knew I had lost all of my AXN coins.
This is not reasonable.
The Axion project itself considers itself a high-quality speculative phase.
It urges customers to secure their advanced form of cash and claims they will have the option to appreciate life and live from the advantage!
Also, this is not the main questionable guarantee about the undertaking.
The AXN was initially customized to get anything out of pocket (airdrop) for HEX holders in a 1: 1 ratio.
In addition, HEX's pledge, seen as a persuasive figure in the crypto space, was referred to by Andreas Antonopoulos, who offered him 10 Bitcoin ($ 134,934) to meet with the mission with the goal of proving that the HEX project was not a hoax.
He revealed to Antonopoulos that he had been asked not to disclose the monetary momentum.
Plus, Task Axion, by all accounts, appears to be like HEX in its endeavor to fool customers with high prizes in exchange for securing their cryptocurrencies.
According to the "Axion Network" project site, compliance code reviews have been conducted by prominent evaluation groups, for example, "Hacken" and "Certik" and that great agreement code audit and security investigation have been performed.
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