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.22 Kas 2021
Read moreCan we sell squid Crypto?
The CoinMarketCap website says a ‘We have received multiple reports that the website and socials are no longer functional and users are not able to sell this token . There is growing evidence that the project is rugged. Please do your own due diligence and exercise extreme caution. ‘
Read moreCan you sell Squid Game coins?
Holders can’t sell their asset But you need to pay more marbles than the SQUID token is worth to sell it so you end up losing money.” On Twitter, the reaction is no different as several commentators have been making fun of holders of the coin for not “reading the white paper of the token.”1 Kas 2021
Read moreWhy can’t I sell squid coin?
The parabolic rise of the SQUID token’s price is partially due to the project’s self-styled “anti-dump mechanism.” Holders are only able to sell SQUID equal to half the buying power of the trading pool .29 Eki 2021
Read moreWho developed squid coin?
Abhishek M . ” An engineer by profession, Abhishek is the creative producer of the team, graphic designing is his passion and travelling his get away. In more ways than one, he makes the content visually appealing.”22 Kas 2021
Read moreWhat is the biggest rug pull in crypto?
The biggest rug pull scams included the Turkish crypto exchange Thodex , where the founder disappeared shortly after the exchange halted users’ ability to withdraw their funds, ultimately taking roughly US$2.6 billion, and the Doge-themed Anubis DAO where US$58 million was stolen.
Read moreHow do you stop a crypto rug from pulling?
Before you purchase any token listed on a decentralized exchange. Most fraudulent crypto developers are anonymous and are not directly tied to their tokens. Check out the creators of any project before buying the token and also check out their social media profiles .
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