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Home » Squid Game Crypto collapses
News Update

Squid Game Crypto collapses

News DeskBy News Desk6 November 2021Updated:6 November 2021No Comments1 Min Read
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Investors lose millions after they piled into a cryptocurrency inspired by ‘Squid Game’.

Squid Game is a popular survival series on Netflix.

The cryptocurrency Squid began trading early last week at a price of just one penny per token.

It drew attention from several mainstream media outlets.

On Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap.

Later the token’s value grew from $628.33 to $2,856.65, as per a crypto data tracking site.

Then, five minutes later, it traded at $0.0007.

However, the reasons behind Squid’s collapse weren’t clear.

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