After the squid game rug pull I don't think if there is investor interested this project. The name squid game in crypto is no longer be trusted after the incident. I don't know why the team created this squid coin, maybe because the squid game series still hyping and there will be season 2 coming.. I don't want to take risk this project so I'm passed. Good luck those who interested this project just do your own research.
I think they just got beat to the punch, I mean they wanted to create this association between the TV show and their coin but someone else got the same idea, implemented their project even faster than them and then they scammed a lot of people.
This is not rare at all and it happens all the time in the world of business, in my opinion if the developers of this project are actually trying to create something that people would like to use then they need to stay away from that name and rename their coin, but if they do that there is the possibility they get even less attention to their project than what they are getting right now, so it is unlikely they will do that.