John Lee couldn’t believe his luck. The $1,000 investment he made in Squid, a new cryptocurrency project inspired by the dystopian Netflix drama “Squid Game,” had skyrocketed in price. But within five minutes Monday, his money disappeared.3 Kas 2021
Read moreHow much did squid coin steal?
A digital currency based off the popular Netflix series “Squid Game” is trading at $0 after its creators cashed out, effectively stealing an estimated $2.1 million from investors. The cryptocurrency, appropriately called SQUID, surged as high as $2,861 before falling to $0 as of Monday, according to CoinMarketCap.
Read moreHow much did Squid Game coin steal?
In reality, the whole thing was a scam. And Hartford was just one of its many victims. Just after 1:38 pm UTC on November 1, $3.36 million that had been invested into Squid Game coin was yanked out of the project by its creators.2 Kas 2021
Read moreIs Squid Game token real?
A digital token inspired by the popular South Korean Netflix series Squid Game has lost almost all of its value as it was revealed to be an apparent scam . Squid, which marketed itself as a “play-to-earn cryptocurrency”, had seen its price soar in recent days – surging by thousands of per cent.2 Kas 2021
Read moreHow can you tell if crypto coins are fake?
Look for the website and whitepaper of project : This is the best way to ensure that the cryptocurrency you are investing in is legitimate. Every token publishes a whitepaper explaining all underlying fundamentals and technologies involved in the design of the blockchain backing that token.
Read moreWhat is the cryptocurrency for Squid Game?
The cryptocurrency, called Squid, began trading early last week at a price of just one penny per token . In the following days, it drew attention from a number of mainstream media outlets. By early Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap.
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