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Topic: 'Squid Game' cryptocurrency scams $2 million - page 8. (Read 1913 times)

member
Activity: 222
Merit: 11
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.
jr. member
Activity: 916
Merit: 1
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.
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
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.
hero member
Activity: 2716
Merit: 904
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.
jr. member
Activity: 588
Merit: 5
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
full member
Activity: 994
Merit: 105
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
jr. member
Activity: 916
Merit: 1
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.
jr. member
Activity: 588
Merit: 5
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.
full member
Activity: 700
Merit: 100
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.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
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
jr. member
Activity: 916
Merit: 1
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.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
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.
member
Activity: 924
Merit: 18
https://imgur.com/yw8HFn9
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.
member
Activity: 686
Merit: 15
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.
full member
Activity: 1974
Merit: 101
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.
jr. member
Activity: 588
Merit: 5
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 =)
jr. member
Activity: 916
Merit: 1
I expected many things, but I couldn't even imagine that there will be such a great news. Monero is one of top privacy coins. And while it is delisted from big exchanges and is banned in certain countries, Utopia p2p team gives it a chance to survive. Can't even imagine how many people will visit Crypton exchange now. I'm sure it will also positively affect Crypton rate.
jr. member
Activity: 588
Merit: 5
It makes me feel sad that some projects hump on hype and other more perspective ones have to go their way step by step and fight for attention. But what's nice that most coins see dump in a very soon time and natural growth remains untouchable. Hope Crypton will gain its public soon.
I think that's exactly what it's doing at the moment. By the way, have you heard the latest news? Crypton Exchange, the decentralized NO KYC crypto exchange, added a new trading pair XMR/USDT  https://crp.is/exchange/xmr_usdt on the platform. Monero (XMR) is the first third-party coin that has been listed on the exchange that is backed by the Utopia P2P ecosystem.  What do you think about it?
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
actually not only squid game coins but there are still many memecoins that appear in the crypto market and give big losses. that's why I'm not sure myself and never invest in new coins that are booming because to avoid this kind of thing. new coins that rely on the trend will only last for a while but there are still many who are deceived and believe in it. there have been many cases like this so we should be smarter and more careful in choosing coins to invest.

Jus make sure not to forget about your DYOR, new coin can bring good fortune if you invest with the right project,
It's not easy though since there are tons of new project that are being created from time to time. Set this scam as an example.
without doing proper research, you will also experience the same fate with those people who got victimized.
full member
Activity: 742
Merit: 101
The fact that the coin name was created based on the Netflix drama. I think anyone would know this is a scam. I don't know how many people had invested in this project but we all know that this kind of project will not last. For those who exit before the scam then congrats.
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