Today news
About the same in other media
From $2,800 to zero in 5 minutes: How investors lost millions in cryptocurrency inspired by ‘Squid Game’
Reading now: 249
economictimes.indiatimes.comThe cryptocurrency, called Squid, began trading early last week at a price of just one penny per token. In the following days, it drew attention from a number of mainstream media outlets. By early Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap. Then Squid went on a roller-coaster ride. In a 10-minute span later on Monday, the token’s value grew from $628.33 to $2,856.65, according to CoinMarketCap, a crypto data tracking website. Then, five minutes later, it traded at $0.0007.
Presented ByDid you Know?
In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender
View Details »More than 40,000 people still held the token after the crash, according to BscScan, a
Read more on economictimes.indiatimes.comAbout this in other media
Amitabh Bachchan’s NFT collection auctioned at record $1 million economictimes.indiatimes.com /2 years ago
Squid Game: crypto researcher reveals the red flags investors missed ambcrypto.com /2 years ago
After Squid Game rug-off, report reveals Google Ads phishing, other scam warnings ambcrypto.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
