The cryptocurrency market has seen dramatic spikes where small amounts of investments have netted millions. There are hundreds of stories where average traders have made massive profits in a small timeframe. The majority of youngsters in the US believe that the cryptocurrency market could deliver them riches and not stocks. They believe the stock market works only for the rich and also takes decades to make big money.

Therefore, the cryptocurrency market is their best bet to try their luck as rags-to-riches stories are aplenty. There’s always some coin out there in the market that has surged more than 3,000% in a day. However, those can be new coins that are barely known to anyone and only some lucky traders can get their hands on it.

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Black Agnus Cryptocurrency Surges 8,700% in 14 Days

A new and obscure cryptocurrency named Black Agnus has dramatically spiked 8,700% in the last 14 days. If you had invested $10,000 at the start of March, you could have made close to $880,000 today. That’s a phenomenal rise in a short period that the stock market can never deliver in an investor’s lifetime.

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On Tuesday’s trading day alone, Black Agnus has risen close to 67% in the charts. The cryptocurrency is attracting heavy bullish sentiments and its market cap just touched $1.2 million this week. The surge in value is making investors take an entry position and bet their money into the new token.

However, we do not encourage investors to buy coins like these as hundreds of them come and go every month. They are relatively unknown with no plans for the future. While some stay the course, the other get rug pulled by the developers and vanish without a trace. The broader cryptocurrency market has seen many of these scams where one day they rise 8,000% and the next day they’re gone.

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