gasilzee.blogg.se - Squid game cryptocurrency ticker

#Squid game cryptocurrency ticker code#
#Squid game cryptocurrency ticker tv#

But unlike its Netflix counterpart, the company said "we do not provide deadly consequences apparently!"

#Squid game cryptocurrency ticker tv#

The online tournament, which launches in November, mimics the six rounds of games featured in its namesake TV show. The squid token was launched as the exclusive coin of the Squid Game project - a crypto play-to-earn platform. The meme-inspired shiba inu coin, for example, has doubled in price in the last week. 20 and apparently "sold out in 1 second," according to its white paper, joins a list of other parody cryptocurrencies that have witnessed big run-ups for no particular reason, other than good publicity. Netflix told CNBC it has nothing to do with the currency and doesn't endorse it. It is unclear why some users are unable to sell their tokens, but the white paper describing the coin does lay out an anti-dumping technology that prevents people from selling their coins if certain conditions are not met.ĬNBC reached out through contact information listed on the Squid website to ask whether the developers were aware of the problem and working to fix it, and didn't immediately hear back. CoinMarketCap has issued a warning, saying that it's received "multiple reports" that users are not able to sell this token on Pancakeswap, a popular decentralized exchange. Regardless, what happened to Squid Game should be a major red flag and a reminder to not give in to the euphoria and do extensive due diligence before investing.However, those interested in taking part may want to exercise caution before jumping into trading squid.

It’s worth noting that there are other tokens on the market with the SQUID ticker and some of them appear to be performing very well.

The website of the project is also not working at the time of this writing.

Please do your own due diligence and exercise caution while trading! This project, while clearly inspired by the Netflix show of the same name, is unlikely to be affiliated with the official IP. We have received multiple reports that users are not able to sell this token in Pancakeswap.

Moreover, CoinMarketCap themselves put up a banner that warned of the high risks of investing in this particular token which read:.

As CryptoPotato reported earlier on Saturday, the SQUID price made the entire business model absolutely senseless.

In any case, the warning signs were there all along.

#Squid game cryptocurrency ticker code#

A rug pull means that people behind it – usually the team of developers – use a backdoor in the code that allows them to remove the liquidity and make away with the profits.The price of the cryptocurrency dropped from above $2,800 to $0.005 in a single red candle, indicating that what many thought to be inevitable happened – the project got rugged.The SQUID price tanked today – it’s down 99.99%, according to CoinMarketCap.These, amongst others, are some of the reactions to what happened moments ago to one of the most widely-discussed tokens for the past couple of days – Squid Game (SQUID).