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Amid this frenzy, several new cryptocurrencies emerged, including Plex Coin. Marketed through an enticing Initial Coin Offering (ICO), Plex Coin claimed to revolutionize global economics. With promises of ultra-secure transactions and innovative Plex cards that would eliminate exchange fees, the appeal was hard to miss. Investors were told they could buy tokens at 13 cents each during a pre-sale, before prices were expected to skyrocket.