Where can I trade squid?

SQUID is being traded via a platform called PancakeSwap , which is basically like an indie version of the mainstream trading sites more people are familiar with. Anyone can create and distribute a new cryptocurrency on PancakeSwap. Because it’s so easy to use, though, the site is also very susceptible to scams.

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How does a rug pull happen?

Rug pulls happen when fraudulent developers create a new crypto token, pump up the price and then pull as much value out of them as possible before abandoning them as their price drops to zero . Rug pulls are a type of exit scam and a decentralized finance (DeFi) exploit.

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Why did the squid coin drop?

‘Discontinuing due to stress of dealing with scammers ,’ claims Squid developers. According to Coindesk, the developers of the project, through its official Telegram channel have claimed that it was being discontinued due to the stress of dealing with scammers. “Someone is trying to hack our project these days.

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