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 do I get squid coins?
To purchase Squid coin, investors had to be connected to a decentralised platform known as PancakeSwap . Unlike large cryptocurrency exchange platforms such as Coinbase, which is registered by US and European regulators, DeFi projects like PancakeSwap avoid a third party and so anonymity is often possible.
Read moreWhat happen to Squid Game coin?
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.
Read moreHow much is a Squid Game coin worth?
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 .
Read moreWhat is Squid Game token?
Squid was billed as a token that could be used for a new online game inspired by the Netflix series – which tells the story of a group of people forced to play deadly children’s games for money. The game was due to go live this month.2 Kas 2021
Read moreCan you sell squid tokens?
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 moreHow do you cash out squid Crypto?
But the biggest problem with the squid token is that you can’t cash out . That means you can’t get the coins and store them in a wallet or even sell it. The only way to buy the squid tokens involves a decentralized exchange service called PancakeSwap. This isn’t a traditional exchange like Coinbase or Binance.
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