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.”
Read moreWhat is squid cryptocurrency?
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 more