The price of the coin increased by N times, and as a result, the pool was gone

Yesterday Jayson's tweet went viral online. Maybe it's because the first sentence of the opening is so appealing that you can't help but look at it twice.

Recently, the meme token boom has once again set off a FOMO sentiment in the coin circle. The successive rises of Dogecoin and ShiB have made many people rekindle their enthusiasm for altcoins. So many people in order to get rich in a short period of time, do not even look at the project, they close their eyes stud.

It is this blindly following emotion that gives the outlaws the opportunity to take advantage of the void.

Jayson said in Tuitry that this AnubisDAO is a brand new project. How new is it? It was not until October that I signed up for an account on Twitter, and I didn't post a Tweet update until October 28.

Don't look at the project is very new, but the routine is very well done, shortly after applying for a Twitter account, AnubisDAO also opened its own Discord community. According to the official introduction, AnubisDAO is also a Meme token.

Recently, a large number of such Meme projects have been launched, and the newly launched Meme projects are easy to attract everyone's attention. This is mainly for two reasons. First, meme tokens have no technical threshold. Because it is a community-driven project, the code is ready-made, does not require any innovation, basically has no technical content, as long as you know how to copy the project. Secondly, the initial coin price of meme tokens is very low, which is very friendly to newcomers who have just entered the circle. Once the project is hot, then the price of the coin is often tens of thousands of times upwards. If you bought ShiB in the early days, even if you only bought 100 yuan, it is worth more than 20 million now. This is where Meme class tokens are most attractive. Simple, rough, rich effect is good.

It was under the influence of this background that the AnubisDAO project quickly attracted a group of early fans after signing up for a Twitter account.

However, compared to other Meme projects, the AnubisDAO project is obviously much rougher. AnubisDAO has no official website, no products, not even white papers. At first glance, it feels like a very cottage.

But under the influence of Fomo's emotions, it doesn't matter if the mountain is not a cottage, as long as it can make money. Therefore, for such a three-no product, there are still many people who are willing to try.

On October 28, AnubisDAO officially launched a public offering for token ANKH on Copper Launch.

After the public offering began, ANKH attracted a large number of users. The data shows that there were more than 2,000 users who participated in the ANKH public offering in the early days. The Number of Ethereums in the ANKH pool also quickly rose to 14,000.

Originally, everyone thought that the new project of AnubisDAO could follow the past Meme project routine step by step, but unexpectedly, the project side came by surprise and directly hollowed out the pool. They extracted liquidity by smashing the plate and obtained 13,556 ETH from the pool. Before the public offering is over, the liquidity of the project has become 0. The early users who entered not only did not make money, but all became the leeks harvested by the project side.

AnubisDAO's Discord community instantly became an activist community. Early participants constantly reprimanded the project party in the group, asking the project party to return the coins and make up for everyone's losses. But all the accusations are in vain, how can such a premeditated fraudster ignore everyone's demands? The indifferent project side completely angered the user. Someone within Discord even offered to pay a bounty of 1,000 ETH in the hope that someone would catch the killer.

Sure enough, under the heavy reward there will be brave men. By last night, someone in the rights defense group finally found the information of the fraudsters based on the clues left on the Internet. It is said that the perpetrator of the fraud may be a Chinese, and the victim is currently trying to call the police for help.

Participating in the early earth dog project, the risk is still quite large. On the one hand, it is necessary to bear the risk that the project will not develop, and on the other hand, it is necessary to prevent the risk of the project party running away with money. Although sometimes it seems easy to see others making money. But in the vast market, we see only survivors. There are also many people who have suffered heavy losses because of the failure to attack the earth dogs. It's just that these messages are not known to everyone.