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“Squid” Price Plunged 99.99% To 0

“Squid” Price Plunged 99.99% To 0

Netflix original Korean drama "squid game" is broadcast globally, the encrypted currency market has followed this trend, and there is a virtual coin called "squid currency" (Squid), which has increased by more than 35,000% in just 3 days. However, as the creator raised the coin price, the price of squid coins plummeted 99.99%. CNN, COINDESK report, recently a game website launched the same name game "squid game", players need to hold squid coins to participate in the online blind game. According to COINMARKETCAP data, Hong Kong time is 5:35 pm on November 1st, the squid coins soared to $ 2,856, but fell to 0.0007926 dollars at 5:40, and the price is unrecognizable. The report pointed out that this phenomenon is in the currency known "Rug Pull", which means that developers have fled, making encrypted currency prices to zero, and squid currency creators estimate that suction gold is $ 2.1 million. At present, the official website of squid “SquidGame.cash” and “Medium account” have been closed, and the Twitter account is also parked. In fact, the squid currency is a scam with a scam. For example, the official website of squid currency is just less registered for less than 1 month, and the inner text is full of spelling and cultural law. The most dangerous is that investors can buy squid coins, but they can't sell. But squid coins still attract many mainstream media reports, resulting in many people to fall into the precision scam.
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