Users unable to sell Squid Game token clocking 45,000% gains
The crypto community suspects the token inspired by the Netflix show Squid Game of being a scam. A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are unable to withdraw the token on major decentralized exchange PancakeSwap.“We have received multiple reports that the users are not able to sell this token in Pancakeswap. Please....
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The Squid Game token was surging despite multiple scam warnings and topped above $2,800 before plummeting to less than $0.01. Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious.According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Monday, erasing its entire gains from as much as $2,861 and dropping below $1 in a matter of minutes.At the time of writing, SQUID is trading at $0.0054, down about 99% over the past 24....
If crypto is a Squid Game, then who are the game masters? With Halloween right around the corner and the increasing popularity of Squid Game, the breakout Netflix series from South Korea that everyone is talking about, it is almost certain that we will see an influx of Squid Game-inspired Halloween costumes this year! The […]
Binance blacklists Squid Game developer accounts reports that developers used coin mixers to cover their tracks. The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago.The Binance Smart Chain-based gaming token SQUID is suspected to be an exit scam or rug pull according to the exchange. Despite this, some extremely optimistic users are still buying the token in hope of a resurrection, with the price surging six fold in the past 24 hours.Binance is exploring options to....
Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1. A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme.Dubbed SQUID, the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at 09:35 UTC on Nov. 1. The deadly drop oed following a 75,000% bull run, showcasing a greater demand for SQUID among traders after its debut on Oct. 26.At the core of the retail craze lay the popularity of Squid....
The Squid Game cryptocurrency, named after the beloved Netflix series of the same name, was the talk of the crypto space for the one week it was in operation. It quickly gained popularity among short-term holders interested in quick gains. The popularity of meme coins like Shiba Inu and Dogecoin with no utility but massive […]