What do you think about Squid coin?

[Woodie]

What I find so unfair about cryptocurrencies is we have crypto coins with real world changing ideas that have been around in the pipelines some time that don't get the recognition they deserve and don't get the investment the need... but here comes a coin probably with red flags written all over which has the face of a shitcoin and we don't even think twice if this is a legit project but go one step further to invest in such when all we know is such coins only benefit the developers. What happened to due diligence? What happened to research and all that.... Is it okay to say maybe we have an appetite for high risk coins

[galambo]

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There are several coins that use the Squid name now but if you only look at the Squid Game coin, then in general the value is also very extraordinary and will become a special benchmark for other Squid tokens in the market and have the potential to be developed by their respective teams. each at this moment

If you are talking about Squid Game Coin/Token then you can see red warnings all around on CMC, making it very suspicious. Nonetheless, my question is still same, is there any squid token that is linked with production house of Squid Games or they are all independent tokens? One more thing I wanna know is what's the utility of these coins?
DYOR before you invest in these tokens and also try to post your findings here for benefit of community.

[Doell]

Just found out an interesting article^[1] about this squid game, it is said that community had suspected squid game as a scam project.
People weren't able to sell the token on pancakeswap, not to mention CMC has given a warning note on its token page^[2].
You would find more red flags on the article below 

[1] https://cointelegraph.com/news/users-not-able-to-sell-squid-game-token-clocking-45-000-gains
[2] https://coinmarketcap.com/currencies/squid-game/

yes just saw on coinmarketcap I brought that warning no more or less it's like this

We have received multiple reports that users are not able to sell this token in Pancakeswap. Please do your own due diligence and exercise extreme caution. This project, while clearly inspired by the Netflix show of the same name, is not affiliated with the official IP.

I brought other information about the token and it turns out that in this forum someone already created another thread and is very clear it a product scam
October 28, 2021, 03:47:48 PM cant sell $squid token.. is it scam?

[Wahyuihib]

Squid is one of the game coins that has a rapidly increasing price. This can happen because the current defigame fever has very good prospects. so the inclusion of Squid coins is just right when the users need it right now. before the price becomes more expensive, I think investors still have the opportunity to invest in this coin

[o48o]

I have just learnt of Squid coin which is based on one of the popular Netflix shows "Squid Game" and is already trading on the markets and has posted some big gains in the last couple of days too.
SQUID is already trading above $2 which is a 2,400% gain , and its market capitalization is above $174 million which is huge for a new coin!

Do you see Squid continuing being bullish?

Are new investors late to grab themselves some squid?

Is this a coin you could recommend to someone else ?

No, this is just a stupid pump based on similar name. When something has no fundamentals, no development, it usually is pumped by the whales to do pump and dump. However there's always a slight change of community takeover but those rarely end well for the bagholders.

[2girls]

Squid coin is the best coin and the squid coin is the Game coin and it will get better Position in all game coin the price of squid coin is increase day by day so my personal opinion  is that it is the wonderful coin and i see this coin project amazing road map and hopefully it will get bright future soon.

[khiholangkang]

Squid coin is the best coin and the squid coin is the Game coin and it will get better Position in all game coin the price of squid coin is increase day by day so my personal opinion  is that it is the wonderful coin and i see this coin project amazing road map and hopefully it will get bright future soon.

How can u think a scam project have a bright future ? SQUID has rugpulled today https://cryptopotato.com/squid-game-pulls-the-rug-squid-price-crashes-99-99/

[smartaction]

I have just learnt of Squid coin which is based on one of the popular Netflix shows "Squid Game" and is already trading on the markets and has posted some big gains in the last couple of days too.
SQUID is already trading above $2 which is a 2,400% gain , and its market capitalization is above $174 million which is huge for a new coin!

Do you see Squid continuing being bullish?

Are new investors late to grab themselves some squid?

Is this a coin you could recommend to someone else ?

SQUID coin got scam. the price of SQUID price Crashes 99.99%. price 24h High - $2,861.80   / 24h Low - $0.0007926 lol It's completely scam. Investors have lost all their money

[asriloni]

I even became confused in understanding about it, because when I did a search on coinmarketcap under the name SQUID, there were so many coins that came up that I was confused about which one to choose and didn't know which one existed before it became so many.

Just take it easy. You're searching it based on the ticker and there are lots of garbage coins that used it but you can also see this on biggest gainers and loosers in CMC. https://coinmarketcap.com/currencies/squid-game/markets/

This scam token is going down to the bottom and scammer who have been issuing it has been running away with 2 millions USD. People who have been buying this token already rugpulled and they were loosing their money. You must also know if it's related to the squid game. Just try to typing the fullname of project instead of using ticker. There are bunch of tokens have been using the same ticker.
You must be careful when choosing or picking a coin from the market. There are lots of clones. It's easy to understand and it will not take a long time. There are lots of article already published it.

[livingfree]

I won't recommend that with anyone I know.

The gain of it is worrying because it could do a rugpull anytime. Those that have bought early, they're good as taking their profits at any time before some unexpected things might happen.

Do not caught by hype guys.

Read what I've said before about this project guys. I've told you for those who think that there's something big for this project.

The devs of it have completely rug pulled already. It's all over the news and internet so if you're attached with this type of coin, you have to change your mind and avoid such in the future.

It's for your safety.

[Balmain]

I was hearing that this token was constantly rising, and I thought it was just about the hype. The truth of the matter is that the token creators committed a complete scam. Only certain wallets have access to the sale and the buyer cannot sell, so it is constantly rising. It was a game like in the series, but this game created real losses. It was obvious that they were going to do rug pull, and they did it before it was too late.

[Sirait]

I see currently BM julerz12 is handling this coin campaign. to be honest I'm not sure about the future of the coin that only appeared because of the hype that happened and squidcoin is one of them. as usual, surely a coin like this will not last long and will lose value.

[AhmadM]

Squid coin is the best coin and the squid coin is the Game coin and it will get better Position in all game coin the price of squid coin is increase day by day so my personal opinion  is that it is the wonderful coin and i see this coin project amazing road map and hopefully it will get bright future soon.

How can u think a scam project have a bright future ? SQUID has rugpulled today https://cryptopotato.com/squid-game-pulls-the-rug-squid-price-crashes-99-99/

Perhaps she was talking about this project - 🚧 [BOUNTY] SquidCoin Bounty Campaign

I had given a short check to both of the projects, highly likely they are different projects. The site, social media accounts, or even its contract address were different. Nevertheless, in my opinion, somehow the impression of both projects really looks alike.

[adaseb]

This was a very brutal rug pull and it shows how naive some people can be. I think people just bought this primarily of the name and assumed it would be big, however they didn’t investigate and realize that you can’t sell it only buy. And the hint should of been how on the chart it just kept going up and up.

Lately on that chain I am assuming there is going to be more and more of these types of meme coins. And people will throw their money at it because they want the next Shiba or Doge type of meme returns and it’ll all end badly with rug pull after rug pull.

Stay safe out there.

[Megan12]

This squid thing is pretty intense after these TV series launched. It is getting out of the hand, isn't it? It is huge hysteria out there, I don't exclude its success at all. But, personally, I don't have any trust at this point and think as people lose interest in this TV show everything around it will be diminished.

[izsara]

This was a very brutal rug pull and it shows how naive some people can be. I think people just bought this primarily of the name and assumed it would be big, however they didn’t investigate and realize that you can’t sell it only buy. And the hint should of been how on the chart it just kept going up and up.

Lately on that chain I am assuming there is going to be more and more of these types of meme coins. And people will throw their money at it because they want the next Shiba or Doge type of meme returns and it’ll all end badly with rug pull after rug pull.

Stay safe out there.

What you say is quite interesting if you look at what is happening now.
This is the impact that occurs when we only see pump coins and coin memes that rely on hype. this is actually a very clear warning that almost everyone who sees and makes a thread about this fraudulent coin.
on the other hand greed makes them now start to cry, and of course this must be a lesson that the same coin like this will only be bad for the growth of the assets we have

[batang_bitcoin]

@megan The token has been proven to be a scam, the tv series indeed was intense but this scam also has took a lot of money from their victims.
We shouldn't really trust any of the same token because they're just going to ruin everyone's market strategy and way of investing because of the existence of this scam.

[Renampun]

I have just learnt of Squid coin which is based on one of the popular Netflix shows "Squid Game" and is already trading on the markets and has posted some big gains in the last couple of days too.
SQUID is already trading above $2 which is a 2,400% gain , and its market capitalization is above $174 million which is huge for a new coin!

Do you see Squid continuing being bullish?

Are new investors late to grab themselves some squid?

Is this a coin you could recommend to someone else ?

learning from the rug pull squid token phenomena, I don't dare to invest in squid coin...

because the squid game is hype, many are taking advantage of the opportunity to create a project that can generate fast money. I don't recommend it for friends to invest, much more if you only invest in coins that are ranked in the top 100.