Going up, going up... until it falls. On May 19, the PAMBI cryptocurrency began to launch. Its value gradually rose until it exceeded five cents on the dollar and reached a market capitalization of several million dollars, according to CoinMarketCap.
But without warning, on May 24, the cryptocurrency sank. It went from 0.051$ to 0.017%. A drop of approximately 80%. And since then the cryptocurrency has not recovered or gotten close, as it has currently been trading below $0.0025 for several years.