Anubi (ANUBI) Token Explodes in Its First Few Days on the Market
The overall cryptocurrency market change for today is a 0.27% increase from yesterday, but not every crypto coin is staying flat like Bitcoin. New token Anubi (ANUBI) is soaring after its release, gaining 1,007% over yesterday.
A New Launch Means Big Gains
The coin is on the rise and growing quickly, with opportunity for investors to still make a profit by jumping in now. The coin released Friday last week and is already priced much higher than its initial rate.
Anubi started out at $0.0003343 (ANUBI) and has grown to today’s rate of $0.003529. The coin actually peaked higher than that early this morning. It fell sharply just before 7:00 am and then started gaining again not long after. We could see a new high point later in the day. At the very least, there is strong potential for volatile movement that could mean swift profits for investors who are jumping on this coin.
What Is Anubi?
The ranking for this new coin is very low, placing it about #2,500 on the cryptocurrency market. However, the current trade volume is just over $1.5 million for the last 24 hours, and its trade volume is up substantially from yesterday. We are seeing a 3 million percent increase over yesterday, with the potential for even more as this coin heats up.
This high deflationary token originated just a few days ago as a fork from Safemoon (SAFEMOON). The coin is designed to be community driven and rug proof (meaning there are safeguards in place to prevent chaotic rug pulls that devalue the coin).
There is little else to be said about the coin right now, and investors do need to be careful. As a new and untried coin, there is the chance that it could collapse quickly and consumer interest could disappear overnight. Investors are watching this one closely because of the strong, volatile movement as well as the high-risk factors it presents.
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