Tag: How do I buy squid crypto?

A cryptocurrency inspired by the popular South Korean Netflix series Squid Game on November 1, 2021, became the most hyped digital token when its valuation shot up to $2,861 per coin. Squid coin, which marketed itself as a “play-to-earn cryptocurrency”, had seen its price soar – surging by thousands of per cent.

The crypto token crashed to zero after the token developers did the rug pull . This is the kind of scam where token creators leave the market along with the investors’ money. The website and social media handles of crypto were non-functional within hours. Investors lost more than Rs 25 crore.