WTF is ABBC coin
The latest pump that can be noticed is the sudden rise of ABBC coin that is about to break into the top 20 on coinmarketcap.
So what is it? Their website is surprisingly light on actual details. They apparently have a multi-crypto wallet and facial recognition in their wallet. While I am sceptical that facial recognition is the way to go, why not.
But all of this is supplementary infrastructure. The question remains, what does the token do and why do they even have their own chain? A facial recognition multi-asset wallet can be build for bitcoin and other existing cryptos. Why invent something artificial?
Their entire website does not tell what the token does. The only hint is that by end of 2019 it will be in the top 20 according to their roadmap. That pretty much summaries the entire project, a lot of talk, little detail.
Who knows, maybe they have a solid plan that they just keep secret because it is so amazing. But I myself will make a big circle around this coin and not buy any. I do expect that the inevitable dump will follow at some point. Probably sooner than later.
Pump & dump
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