'Squid Game' cryptocurrency scams $2 million

[Sethrey]

In my long experience, I have seen that projects that generate a lot of hype in a short period of time and are able to get a lot of investment . that project also disappear from the market in a very short time, so it is better to avoid projects that have too much hype because those projects are gambling.  Acts like that can make a person sound very easy and make a person lose all his money very easily. so we shouldn’t be careful from such projects

It wonders me on the whole how do people invest really big amounts of money in something new that just appeared in some news and was mentioned by several people, that are not even big crypto influencers. Most of their announcements were paid for. So it's better to think twice.

[Sethrey]

When there is a hype about a project everyone thinks that if they invest in it then they might get a huge return but unfortunately after panic investing there the project turns out to be a scam which makes everyone lose their money.  Which is really sad. So I agree with you that one should think twice before investing anywhere . and we shouldn’t investment our full fund in one project

And exactly due to that I wonder how there are still so many people believing in this stuff. I can't imagine myself running for a new hyped coin, brightly believing it will make me rich in 3..2..1.. No matter I give chances to less known projects. But I don't put everything in them.

[iamverybusyperson]

In my long experience, I have seen that projects that generate a lot of hype in a short period of time and are able to get a lot of investment . that project also disappear from the market in a very short time, so it is better to avoid projects that have too much hype because those projects are gambling.  Acts like that can make a person sound very easy and make a person lose all his money very easily. so we shouldn’t be careful from such projects

Exactly. But the whole thing is in patience. Who can wait for the result for a year? Only big investor which doesn't even check the rates every day. And small representatives looking for fast and easy money believe everything should just happen fast in a magical way.

[Sethrey]

I just came to a thought.. Did "House of the dragon" or "Lord of the rings" coin already appeared? As they seem to be the next hyped series around the world. What I will fight for is Game of Thrones metaverse or at least NFT. I'll go and search for it now.

[mulia sabee]

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff? Easy money is very hard to catch. Especially while there are coins like Crypton privacy coin, which gained 50% right after the new listing and gained 50% more in the next 2 days.. People still look for some scams on their own. OMG, will it ever end?

These kinds won't stop and people won't stop investing in it. If you made profits during the regular meme seasons then you will understand why these projects types thrive when they come around. It's simply because you can use little to make huge profits if you bought in early enough. That's basically the scenario.

[GelatikKembar]

I just came to a thought.. Did "House of the dragon" or "Lord of the rings" coin already appeared? As they seem to be the next hyped series around the world. What I will fight for is Game of Thrones metaverse or at least NFT. I'll go and search for it now.

very interesting if GOT does launch its NFT, maybe it will create more NFT hype,
because GOT is indeed much more successful than Squidgame, this is why we must support GOT to have its own NFT

[abralzain17]

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff? Easy money is very hard to catch. Especially while there are coins like Crypton privacy coin, which gained 50% right after the new listing and gained 50% more in the next 2 days.. People still look for some scams on their own. OMG, will it ever end?

most of the meme coins are bullshit, their team has divided what tasks they have to do on social media to create a big influence in the media, and besides that they are very good at deceiving investors by influencing the price of their tokens, some are creating hype their token before being launched so that many investors are interested in the memecoin. this is how they commit fraud.

[iamverybusyperson]

I just came to a thought.. Did "House of the dragon" or "Lord of the rings" coin already appeared? As they seem to be the next hyped series around the world. What I will fight for is Game of Thrones metaverse or at least NFT. I'll go and search for it now.

very interesting if GOT does launch its NFT, maybe it will create more NFT hype,
because GOT is indeed much more successful than Squidgame, this is why we must support GOT to have its own NFT

A very interesting assumption, however, I am afraid that the popularity of such coins decreases sharply after the end of the series and the fall in audience interest. Although, perhaps, in the case of the NFT, everything may be different.

[Munir575]

Despite the fact that you are already aware that this coin is a hoax, why are there so many of you who are interested? I'm very interested about this because, according to the movie, we already know how the squid game's plot unfolds.
Yes! There is only one winner, and that winner is the individual!

[Sethrey]

These kinds won't stop and people won't stop investing in it. If you made profits during the regular meme seasons then you will understand why these projects types thrive when they come around. It's simply because you can use little to make huge profits if you bought in early enough. That's basically the scenario.

I know this scheme, but there's no certain script for all of them. You can have some time to get enough income, or you can miss a single moment and lose everything. As in order to earn well, you have to invest serious amounts at the very beginning. It's not about putting 10$ in and withdrawing 30$.

[iamverybusyperson]

These kinds won't stop and people won't stop investing in it. If you made profits during the regular meme seasons then you will understand why these projects types thrive when they come around. It's simply because you can use little to make huge profits if you bought in early enough. That's basically the scenario.

I know this scheme, but there's no certain script for all of them. You can have some time to get enough income, or you can miss a single moment and lose everything. As in order to earn well, you have to invest serious amounts at the very beginning. It's not about putting 10$ in and withdrawing 30$.

The only thing is that I have not been able to understand the phenomenon of the popularity of these projects among users. What is it? Is it excitement? Or just lack of information?

[iamverybusyperson]

Despite the fact that you are already aware that this coin is a hoax, why are there so many of you who are interested? I'm very interested about this because, according to the movie, we already know how the squid game's plot unfolds.
Yes! There is only one winner, and that winner is the individual!

Because all people, unfortunately, are subject to hype. Everyone wants to have time to hit the jackpot, but this is not always possible.