Wednesday, December 8, 2021

Squid Game CryptoCurrency Scam: From 2 Lakhs to 0 

In recent times, cryptocurrency become so popular in the world. Due to its popularity, there is a Squid game CryptoCurrency scam. Recently its value is 2 lakhs but now, it is 0. The squid game’s success put investors into trouble.

Squid Game CryptoCurrency

Squid Game CryptoCurrency Scam

The most popular web series of the year is known as Squid Game. Recently, due to its popularity, someone has made a crypto currency. The name of the currency is Squid Game. In the beginning, the value of crypto currency gets at hiked. But there is a  Crypto currency scam. Now the value of crypto currency downs to 0.

How Squid Game CryptoCurrency is a Scam

According to a report, it is a scam. Nevertheless people invested in this crypto currency. During the period of pre-sale, this crypto currency was sold at a very low price. And after a few days, its value substantially increased.

Also Read: Elon Musk is Now Three Times Richer than Warren Buffett

Squid Game CryptoCurrency Value Comes Down to Zero

Gizmodo gave this crypto currency named Rag Pull. Rug Pull means the makers of squid game crypto currency earn real money. They did it just by selling all the coins. Due to this its value comes become to 0. According to a coin market, before Rug Pull, the market cap of Squid Game crypto crossed 14 million. Even it also warned investors that this token may be named Squid Game. And could be a scam.

Squid Crypto launched on 20 October 2021. At the very beginning, it was so cheap, which much affordable. But later it became very expensive and price skyrocket. In that situation, the investor who had invested in this crypto has suffered a bumper loss.

In such a situation, those who had bought Squid game crypto very cheap price are also at a  huge loss. Because there was no such reduction in crypto before in past.

Squid Game crypto turned into a scam. Because of the domain Squid Game, all the cash was registered, before the launch. Also, the thing of attention is that there is no effect on the popular series Squid game. As makers of this series had not made this crypto.

The crypto token is inspired by the attention seeker series Squid Game. And its value or Price had risen by 23 lakh percent. Now, this cryptocurrency has crashed and the value has come down to zero dollars.

So, always remember investing is a smart task. One who got this earns many but who not battling with huge loss. In the end, have a happy and safe investing.

Also Read: Lionel Messi Won his 7th Ballon D’or Award

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