This article describes a newly introduced gaming token inspired by a popular Netflix series and its recent update. Read the Squid Game Coin Chart.
Are you interested to know about the shocking crypto event that took place recently based on a play-to-earn project? If so, you have reached the right place to get more detailed information about this topic. Read this article completely to understand the tragic issue that is discussed among crypto community members.
Investors and traders from Canada, Germany, the United States, India, and other countries are extremely shocked about the unbelievable disastrous incident. Read more about Squid Game Coin Chart.
About Squid Token (SQUID)
SQUID token is based on a popular Netflix series. The original creators and developers of this Korean series have no connection or support behind the token. The creators developed this gaming project inspired by the theme of this series.
This play-to-earn type of crypto token gained massive acceptance from investors worldwide after the Netflix series gained massive audience acceptance. The price of the coin started increasing as there was a massive demand for this token. Unfortunately, the token crashed drastically to almost zero after gaining more than 35,000 percent in the last three days.
Squid Game Coin Chart
- ccording to the data from CoinMarketCap, the price of the token plunged to almost zero, losing 99.99 percent of its value in one day of trading.
- There was a huge selling pressure of more than 130%, resulting in the crash of the token.
- This crash resulted in the loss of millions of dollars for the investors who deployed a huge amount of capital into this gaming project.
- he anonymous developers behind the SQUID token mentioned their withdrawal from the project due to some issues faced with the hackers.
Market Capitalization
- Current Price: $0.00272
- Price Change in 24h: -99%
- 24h Low: $0.0007926. Read on the Squid Game Coin Chart.
- 24h High: $2,861.80
- Trading Volume(24h): $13,776,354.10
- Market Rank: 2771
- Fully Diluted Market Cap: $2,306,081.65
- Market Cap: $2,075,824.93
- ATH: $2,861.80
- ATL: $0.0007926
- Max Supply: 800,000,000 SQUID
- Total Supply: 800,000,000 SQUID
Founders and Team
Information and data related to the team or the founders are not available. If there is any update regarding them, it’ll be added to the upcoming article.
Where to Buy SQUID?
- This token was available to trade on decentralized platforms such as DODO and PancakeSwap as both platforms are based on the Binance Smart chain (BSC). Read more on the Squid Game Coin Chart.
- After the crash of the token to almost 100%, the tokens are currently unable to trade. The platforms involved in the trading of SQUID tokens have temporarily stopped the trading process.
- This sudden crash has drastically reduced the liquidity of the market. Currently, there are only sellers available for this token, and the sellers cannot sell their holding token due to the lack of buyers.
- The holders of this token can only sell their tokens if there are new buyers, which is unlikely to happen.
FAQs
Q1: Where can we get a detailed Squid Game Coin Chart?
A1: Price and market cap charts are available on CoinMarketCap and CoinGecko. They provide charts of different time frames ranging from one day to multiple years.
Q2: Is it possible to sell current SQUID holdings through PancakeSwap?
A2: No, currently it is not possible to sell SQUID tokens using PancakeSwap.
Conclusion
Investing in newly introduced crypto tokens without a solid fundamental can be highly risky, and the investment decision is to be made with proper financial knowledge. To know more about the topic as mentioned above, please visit this .
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Also check Best App To Buy Cryptocurrency 2021