This kind of scam is commonly called a “rug pull” by crypto investors. This happens when the promoter of a digital token draws in buyers, stops trading activity and makes off with the money raised from sales. Squid’s developers have made off with an estimated $3.38m (£2.48m) , according to technology website Gizmodo.2 Kas 2021
Read moreWho was behind squid coin?
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.
Read moreHow much money did squid coin make?
Squid’s developers have made off with an estimated $3.38million (£2.48million); according to technology website Gizmodo, it had also pointed out numerous signs that the coin offering was a scam, including its (now disappeared) website being filled with spelling errors.
Read moreCan I sell squid token?
You might not be able to sell the Squid Game token. Emulating the Squid Game TV show, Squid token aims to build a decentralized play-to-earn ecosystem (without the violence). … According to coinmarketcap.com, multiple users have reported being unable to sell their Squid tokens.2 Kas 2021
Read moreWhat happened to Squid Game crypto?
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 moreWhere can I buy squid currency?
To buy Squid Game, you first need to invest in one of the major cryptocurrencies, for example Bitcoin. You can buy these tokens from pancakswap.com , a popular decentralised exchange platform.
Read moreHow do I get angry squid Crypto?
To buy AngrySquid right now, follow these steps:
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