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‘SQUID’ crypto a sham, plummets almost 99.99% in value within seconds

• ByStartupStory     |    November 2, 2021

The Netflix leading south Korean show -Squid games has become a trend not only on social media but also in the markets. The “play-to-earn ” crypto requires the participants to buy tokens and to compete in online games and this will lead to earning more tokens. From a mere Rs 1,000 to almost about Rs 4 lakhs all in less than 100 hours. The crypto came over 2,400 % in just one day.This kind of scam is commonly called a “rug pull” by crypto investors.

This happens when the promoter of a digital toThis kind of scam is commonly called a “rug pull” by crypto investors.

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