What is the cryptocurrency for Squid Game?

In reality, the whole thing was a scam. And Hartford was just one of its many victims. Just after 1:38 pm UTC on November 1, $3.36 million that had been invested into Squid Game coin was yanked out of the project by its creators.2 Kas 2021

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

Look for the website and whitepaper of project : This is the best way to ensure that the cryptocurrency you are investing in is legitimate. Every token publishes a whitepaper explaining all underlying fundamentals and technologies involved in the design of the blockchain backing that token.

The cryptocurrency, called Squid, began trading early last week at a price of just one penny per token . In the following days, it drew attention from a number of mainstream media outlets. By early Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap.