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.
Read moreWhat happened to Squid Game cryptocurrency?
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.
Read moreIs Squid Game crypto 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 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 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 I invest in Squid Game?
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.29 Eki 2021
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