Netflix’s popular Korean series Squid Game is gaining ground in almost every field. One of them is cryptocurrencies. Inspired by the series but not officially linked SQUID coded coin stepped into the crypto industry at 0.012 levels.
Influenced by the popularity of Squid Game in the world and increasing in value day by day, the cryptocurrency shocked its investor. According to CoinMarketCap data, SQUID coin, which is trading at $ 51 at around 09:20 today, is at noon. suddenly three thousand dollars approached. However, this rise did not last long.
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SQUID coin price suddenly dropped to $0
SQUID cryptocurrency, today at 12:35 noon from $2,856 was trading. in just 5 minutes, suddenly dropped to $ 0.0007926 when the clocks showed 12:40. The crypto currency, whose identity is unknown, experienced a 99 percent drop, shocking its investors.
From this fall Squid Game (SQUID) The market cap of the cryptocurrency was also affected. The coin, which rose to approximately $ 30 billion, experienced a record loss and fell to $ 2 million. According to data from CoinMarketCap, the current market value of money $1,980,426 dollars level. It still continues its downward trend.
It turned out that the purchase and sale transactions with SQUID coin also stopped. While there was no explanation from the developers on this issue, CoinMarketCap warned users as follows:
We have received numerous reports that the website and social media accounts are no longer available and users are unable to sell this token on Pancakeswap. Please do your own due diligence and be extremely careful. While this project is clearly inspired by the Netflix series of the same name, it has no official connection.
Unable to access website and social media accounts
Squid Game (SQUID) cryptocurrency website squidgame.cash currently not working. When users try to access the site “This site cannot be reached” they encounter error. On the other hand, the social media accounts of the project are also not working. No sound comes out of the developers.