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BREAKING: New Cryptocurrency Scam EIGEN Token Cracks Top 100 Market Rank Because We Clearly Need More Ways to Lose Money

A  cryptocurrency token with a worried expression is shown plummeting down a steep cliff, while another token at the top of the mountain looks on calmly. In the background, a cityscape made up of dollar signs and coins crumbles as it falls.

It seems we have a new addition to the never-ending parade of cryptocurrency scams: EigenLayer’s EIGEN token. Because what every market needs is another overhyped and worthless digital asset created out of thin air by some pseudonymous founder (Aylo, who sounds like they just rolled off the Crypto Bro assembly line). And congratulations are in order – after only a few days on Binance, this ‘token’ has somehow managed to crack the top 100 market rank. Must be all those eager investors throwing their money at it.

Source: cointelegraph

EigenLayer’s native token, EIGEN, cracked the top 100 tokens by market capitalization after commencing trading on Oct. 1, according to CoinMarketCap. The token unlocked at 5:00 am UTC and has been trading between $3.50 and $4.50 per token on Binance. According to Binance, it’s currently trading at around $3.85, implying a fully diluted value of approximately $6.5 billion. EigenLayer price on Binance. Source: Binance Its price aligns with the implied […]

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