Animal Concerts crypto is up over 427% in one week. What's next?

Highlights

• In 2021, Animals Concerts was started to provide exciting and engaging concert experiences to music fans through technology.
• The price surge in Animal Concerts crypto could be due to an announcement on Twitter.
• The ANML token is the native utility token of Animal Concerts, and it acts as the currency for purchasing NFTs.

The price of Animal Concerts (ANML) crypto has soared 427.2 per cent in the last seven days. Meanwhile, it was up 88.2 per cent over the previous 24 hours and trading at US$ 0.02939 per token at 3 AM EST, according to CoinMarketCap data.

At the time of writing, the overall crypto market was in the positive territory, and its market cap had climbed 0.3 per cent to US$ 2.16 trillion.

In the last 24 hours, the total crypto market volume jumped 13.6 per cent to US$ 107.36 billion. At 3 AM EST, the two most significant virtual currencies- Bitcoin and ETH- were up 0.9% and 0.4%.

What is Animal Concerts crypto?

In 2021, Animals Concerts was started to provide exciting and engaging concert experiences to music fans through technology. The Animal Entertain group began this journey to build a proposition that would allow artists to give the best concert experience to their fans through metaverse and 2D distribution platforms.

Animal Concerts aims to allow the artists to earn extra money. It also claims to allow artists to monetize the fans' experience via non-fungible tokens (NFTs).

The network's vision is to democratize and revolutionize the music industry through A-list and emerging artists by asking them to engage with fans directly and monetize them.

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Animal Concerts allows global audiences to attend the 2D and 3D concerts via collaboration of some of the most popular metaverse and traditional streaming platforms.

The ANML token is the native utility token of Animal Concerts, and it acts as the currency for purchasing NFTs, tickets and merchandise. Notably, each ticket purchased will be treated as an NFT.

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The protocol claims that the ANML crypto will allow the community members to get privileged access to events and tickets.

Bottom line

The price surge in Animal Concerts crypto could be due to an announcement on Twitter, which said that Uniswap, a decentralized exchange, listed the ANML crypto on April 4.

Additionally, Animal Concerts announced a daily pop quiz on Twitter and said that people could play it for five days and get a chance to win 20 USDT, and one lucky winner could get an ultimate prize of 100 USDT.

Recently, the network announced a partnership with Snoop Dogg, Avila Brothers, and Billy Ray Cyrus. Meanwhile, the ANML crypto achieved an all-time high of US$ 0.02964 per token on April 5.

As the cryptocurrency market is highly volatile, it is almost impossible to predict what's next for particular crypto. Hence, do proper research and evaluate risk capacity.

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