Netflix’s new Korean-language show “Squid Game” about a deadly game of adults engaging in children’s games in the desire of winning a big cash prize is a global sensation.
- Today, it has its very own brand of cryptocurrency that has developed with a huge price run-up.
- SQUID is now trading at $2.22, up close to 2,400% over the last 24 hours, and its market capitalization is over $174 million.
- But, those interested in participating may want to take caution before rising into a trading squid. CoinMarketCap has issued a caution, stating that it’s received “numerous reports” that users are not able to sell this token on PancakeSwap.
- It is uncertain why some users are not able to sell their tokens, but the white paper describing the coin lays out an anti-dumping technology that limits people from selling their coins when certain conditions are not fulfilled.
The coin, which launched its presale on Oct. 20 and “sold out in 1 second,” joins a long list of parody cryptos that have surged significantly for no reason, other than good publicity.
SQUIDWETH down -3.37%
Source: CNBC.
