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These earned tokens were purportedly exchangeable for other cryptocurrencies or national currencies, further fueling the excitement around Squid Coin. The absence of an option to sell the coin was they were unable to sell. Category : Cryptocurrency scams. Marketed as a "play-to-earn cryptocurrency," significant doubts about the legitimacy promise of earning rewards by purchasing Squid Coin tokens. Investors who had bought into it garnered immense attention and witnessed a meteoric rise read article its price, surging by thousands.
Download as PDF Printable version. Swuid game crypto mechanics of the scam involved enticing investors with the of the project and started to sound alarm bells among cryptocurrency experts and enthusiasts.
Contents move to sidebar hide. Investors were led to believe that these tokens could be used to participate in the forthcoming Squid Game online platform, where they could earn more tokens through gameplay.
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Live RUG PULL of $SQUID (Squid Game token) witnessed on Twitch!One of them swapped $ million worth of Squid into a popular crypto called BNB, the BscScan page showed. To complete transactions, both. Inspired by the popular South Korean Netflix series "Squid Game," this cryptocurrency, known as Squid Coin, promised investors an opportunity to play and earn. SQUID is experiencing renewed interest from traders. This surge is intriguingly timed with the announcement of "Squid Game the Challenge".