The Spanish “National Daily” website recently reported that in the success of the Naifei drama “Squid Game”, a new token “squid coin” also appeared in the cryptocurrency field. Synchronization with the highest ratings in the history of the streaming media platform overnight, this token has also skyrocketed. But now, squid coins have been proven to be a scam.
It is reported that the data shows that the issuing price of squid coins on October 26 was only 1 cents, and the opening price on November 1 was $ 38.48, and the price soared all the way, soaring hundreds of thousands of times to $ 2861.8. However, as the developers hold a large amount of squid coins, they are sold at high prices. Within 5 minutes after reaching the high point, the squid coins have plummeted at a faster rate, and the price fell to zero in 5 minutes. After the collapse, the current price of squid coins is about $ 0.0038. This encrypted cryptocurrency was packaged into a scam, and the money of many investors was rolled away.
According to the small invention website, developers of the digital assets are expected to get about 3.38 million US dollars, while other platforms will increase this number to $ 11.9 million.
The report pointed out that this scam follows a well -known routine, that is, the founder uses a high value to sell all cryptocurrencies immediately. This sudden sales caused the market value of cryptocurrencies to evaporate instantly.
According to the data of the cryptocurrency market value website, the value of squid coins was about $ 2 million before being proven to be a scam. Recently, many squid coins holders have found that they can only buy, but they cannot be sold. In addition, related websites are crudely made, full of spelling and grammar errors. (Compilation/Han Chao)
Source: Reference Message Network