'Squid Game' cryptocurrency scams $2 million

[deadmousehat]

Some of my friends bought it, scammers take advantage of squid game movie fame. Many people thought the meme coin was official from the squid game. I saw many videos of this coin on various platforms and the rug pull in just a few days.

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[Leonardo7]

I actually bought the rekted of the token, hoping maybe something will be picked by their supporters and pump once again, and will cash out without looking back, although I consider it as a loss investment because I had put a little bucks not big enough to shake me.

[israt1@]

In fact, coins are used to attract people for a while to attract people. When people are attracted and invest more then it starts to decrease. Slowly it goes down so much that it never rises again. People fall for their greed and buy when they see growth. So there is no way to stop it if the buyer does not verify.

[Coin_trader]

Some of my friends bought it, scammers take advantage of squid game movie fame. Many people thought the meme coin was official from the squid game. I saw many videos of this coin on various platforms and the rug pull in just a few days.

When did they bought? I'm surprised that until now this thread is already alive and still receiving post that makes this shit token get attention. This thread should be closed long time ago since they are proven scam even coinmarketcap and CZ condone and confirmed this.

You should stop posting here or if you are a victim of this scam project. You should hire a lawyer and sue the company or move on and forget everything.

[Sethrey]

I don't like to make predictions, but already at the end of 2021, I can say that the coin will grow globally during 2022. Yes, it's silly, of course, to hope that Krypton will replace bitcoin. However, now is the time to pay attention to this project, while the hype has not yet begun around it. And it's already close =)

Hmm, it's possible that you're right. It seems to me that even more global developments are expected in the future, which will have a positive impact on the development of the project. We just need to wait a little.

[smartaction]

Squid Game has scammed but its token is still being traded in the market. And its daily trade volume is more than 10 Million dollars. And its prices are constantly rising and falling like others crypto-currency coin. I think people are still buying it a lot

[jeungo]

The huge number of red flags was compensated by the excessive attention from the media, what can I say if I saw an advertisement for the project on the TV channel. Who came up with this game, who can win a large sum ... People who are willing to take risks, hoping to get a quick profit, or maybe, according to the canons of the film, everyone wanted to be the one who won everything. The bottom line won all one - the organizer of this token.

[Starkick]

I don't like to make predictions, but already at the end of 2021, I can say that the coin will grow globally during 2022. Yes, it's silly, of course, to hope that Krypton will replace bitcoin. However, now is the time to pay attention to this project, while the hype has not yet begun around it. And it's already close =)

Hmm, it's possible that you're right. It seems to me that even more global developments are expected in the future, which will have a positive impact on the development of the project. We just need to wait a little.

That's for sure! You're right that marketing moves are important in promoting each project. But, in general, it should be noted that the coin is worthy of it. It was a discovery for me that there could be a privacy coin with its own ecosystem. This can be considered a new level of security.

[Sethrey]

On the whole, it's not a new idea and there are similar projects. But they don't provide so many options so Utopia seems to be the most interesting for me. Especially after launching own decentralized exchange and listing Monero there.

[mardaed]

I see that there are still some Squid game token on the market I'm not sure if this is what you are referring to but just by the name of it, we all know that it won't be there for too long and they just exist because of the hype of the squid game series. It's no surprise that people will be scammed by this groups since they are just relying on the hype and not focusing on the development ad the project itself

[Starkick]

On the whole, it's not a new idea and there are similar projects. But they don't provide so many options so Utopia seems to be the most interesting for me. Especially after launching own decentralized exchange and listing Monero there.

Oh, yes! I think you're not the only one interested in this update. Many users paid attention to the project after adding a new exchange pair. I think the developers will still surprise us in 2022

[Russlenat]

I see that there are still some Squid game token on the market I'm not sure if this is what you are referring to but just by the name of it, we all know that it won't be there for too long and they just exist because of the hype of the squid game series. It's no surprise that people will be scammed by this groups since they are just relying on the hype and not focusing on the development ad the project itself

There's no development of this project because it's a scam project in the first place. Some investors was scammed because they are too quick to jump into conclusion that the project will give them good profit without making the right research to determien if it's legit or not.

[K4C]

I think in this time many projects are ongoing but we talk about the squid coin so the coin look like a brilliant concept but the position show that they go to the direction of scam an that type many projects are running in the crypto so these projects owner design that type people invest there money and the project suddenly pump and dump only the owner got a profit so in this time a very risky to invest a meme coin.

[Sethrey]

I think in this time many projects are ongoing but we talk about the squid coin so the coin look like a brilliant concept but the position show that they go to the direction of scam an that type many projects are running in the crypto so these projects owner design that type people invest there money and the project suddenly pump and dump only the owner got a profit so in this time a very risky to invest a meme coin.

And can you tell me the case when it's not risky to invest in a meme coin? Even all those promoted by Elon dumped hard very fast. Isn't it better to choose something more reliable? There are many good privacy coins nowadays, for example. I mean if we don't speak about Bitcoin, Ethereum and other popular coins.

[lucates]

This coin is a perfect example of a rug pull project that utilizes the hype behind the name. Lots of projects are doing this so I think those who invest are dumb enough to not think before entering such extremely high risk investment. Thats why it is very important to invest to fundamentals rather than hypes. Wreckless investing will teach you how research is a must.

After this petty rug pull we definitely understand the importance of our own research to find the legit coins. Now we certainly notice the red flags before risking our amount. Hyping was high around the coin like any other meme or shit coins but now all realise unnecessary panic buying or selling is not give any efficacy.

[Imran232]

I think that's a lesson for everyone that research is everything and if you take any steps without doing research, you will be at a loss. If anything comes with a trend, you don't have to look out for every trend because a trend is another word for fraud, so if we want to keep safe from fraud, we have to check every trend from its depth. Before investing in any project, you should thoroughly research it.iTS's vision is its working progress, its background, its backbone, everything. I knew about it but also knew it was here to loot because there was no linkup with any official portal. And for God's sake, I am safe. So be a researcher. 

[Kadal Ijo]

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?

This will never end, look at the tab on coinmarketcap which presents the biggest gainers so that it becomes an effective campaign for the project to pump up to thousands of percent, unfortunately I have also followed this trend and made me lose money. now we have to be realistic that the right investment is taking time to be profitable.

[oemar bakrie]

in terms of fraud in the crypto world will not be lost comrade,everyone will go their own way..
from a scam with a good start just to attract investors and when it comes in everything will turn black and that's where many people scream to be victims of fraud.
in one case, the squid token has become a good initial example with good marketing, especially now that the game world is the main prestige right now..

[Starkick]

I think in this time many projects are ongoing but we talk about the squid coin so the coin look like a brilliant concept but the position show that they go to the direction of scam an that type many projects are running in the crypto so these projects owner design that type people invest there money and the project suddenly pump and dump only the owner got a profit so in this time a very risky to invest a meme coin.

And can you tell me the case when it's not risky to invest in a meme coin? Even all those promoted by Elon dumped hard very fast. Isn't it better to choose something more reliable? There are many good privacy coins nowadays, for example. I mean if we don't speak about Bitcoin, Ethereum and other popular coins.

I completely agree with you. Perhaps I do not have the spirit of adventurism and a craving for adventure, but I believe that such risks absolutely cannot be considered justified.

[K4C]

In this case i said that i feel very said because these a moon type project are  go to the scam that absolutely rong and this time we cannot clearly said that solid token are go to the scam because very big supporters support a that project so that not prove how loss there Money some time look like that a scam but a few time they rise a 2nd time.