Topic: SQUID GAMES TOKEN CRASHES - page 2. (Read 590 times)
SQUID GAMES is an example of the many shitcoins to watch out for. I'm sure everyone knows about SQUID GAMES or something similar but is still trying to invest here. There have been many who have lost money from this kind of Shitcoin. I've never followed an investment like SQUID GAMES I feel lucky not to lose assets in SQUID GAMES.
The token continues to grow. 51.39$ (700.96%)
Wait, is this the coin you are referring (https://coinmarketcap.com/currencies/squid-game/)?there are a lots of copy cats that arise after their success and i check your link and it says theres only 12 percent rise from the original squid game coin .
The very expected effect for coins whose task is to lure a lot of money. I think that a few people can now buy everything about something long ago dreamed of, two with an excess myylon net profit, if not to take into account the tokens that they received and won on it, you can simply see their addresses.
0x87230146e138D3F296A9A77E497A2A83012E9BC5.
0x87230146e138D3F296A9A77E497A2A83012E9BC5.
The truth is that I had already seen this project by advertising on Facebook, but the truth had not taken it into account, because the series has been very interesting and all people are with the fever of the series, but after I saw it there were many contracts, I was not confident in entering, some even said that they had entered with 5USD and that they were in HODL mode and they were already earning a lot, but when I investigated I did not find any reliable source, in fact in some news I saw that even Elon Musk had bought the token, in fact after that news I didn't look for it anymore, then I stumble upon the news that the biggest scam dump happened, it's incredible.
The token continues to grow. 51.39$ (700.96%)
Wait, is this the coin you are referring (https://coinmarketcap.com/currencies/squid-game/)?Yeah the price pump but what's the starting price of this coin, based on the link above, it's price was over $600 at one time and now less than a dollar, so what's up with that? though it is still pumping but how about those people who got caught by the FOMO.
and there's a note in CMC that tells.
Quote
We have received multiple reports that the website and socials are no longer functional & users are not able to sell this token in Pancakeswap. There is growing evidence that this project has rugged. Please do your own due diligence and exercise extreme caution. This project, while clearly inspired by the Netflix show of the same name, is NOT affiliated with the official IP.
I just laughed at this phenomenon. Meme coins fly but many are buying them because they are trending. Trading risks or investing without analysis are certainly bad and this happens. Something as volatile as this should be a concern not just preparation.
The token continues to grow. 51.39$ (700.96%)
I bought 500 squid tokens for $0.12 yesterday, and its price has not returned to 0.12 until today.
Its project party has escaped, and its contract can no longer be modified. Now it is the retail investors themselves who are trading squid coins. I hope it can rise again.
Its project party has escaped, and its contract can no longer be modified. Now it is the retail investors themselves who are trading squid coins. I hope it can rise again.
You're stuck in this coin, now it's a matter of how to get out of it. Lots of pumps and dump projects like this have come to the crypto market and got lost from the market through scams. But at the end of the day, a lot of retail investors lost their money in these projects. I don't know on what basis you bought this token.
Since you have bought this token and no chance to get out of here, I think you have to accept this loss, because there is no other option for you. This loss will make you think many times about making such a decision in the future.
I bought 500 squid tokens for $0.12 yesterday, and its price has not returned to 0.12 until today.
Its project party has escaped, and its contract can no longer be modified. Now it is the retail investors themselves who are trading squid coins. I hope it can rise again.
Its project party has escaped, and its contract can no longer be modified. Now it is the retail investors themselves who are trading squid coins. I hope it can rise again.
It seems that you are expecting too much with tokens that have been abandoned by the developers to be able to rise again. If I as holders, may have cut my loss now before the token price dumps, rather than holding it, it will cost me even more. But, it's up to you, this is not financial advice, just if I own Squid.
There is only 1 way to bring this squid back, which is to do a relaunch and not from the old dev team. This means that whales and the community do a takeover by regenerating tokens with a service/product similar to squid and then giving airdrops to holders who buy before the team announces they are leaving the project. If this is done, squid becomes a community token and may be able to reactivate and secure investors' assets. On the other hand, if there is no developer, and there are still trades going on, I have negative thoughts. Well, I hope my thoughts are wrong.
I saw how were the people promoting it thinking it will become other cryptocurrencies like bitcoins or other top altcoins where they think success in the crypto industry just like that. where you will gonna just choose a random token and when you see people flocking to invest in it in a crowd, you just blindly follow them without a second thought. Man! we are talking about money here, all your move needs second thought where you don't want to doubt your decision. They've just become victims of pump and dump coin where the owner of the coin uses the popularity of the drama (Squid Game) to convince their investors about their tokens.
Wonder the main loss cases 
I don't see my friends talking about it because we all find it very risky.
However, when I read the news about the big scam, I was not too surprised with it, because right from the look at the product it was building was a scam product. I don't know about copyright issues, but the idea of based on what is going viral on social media is already a bad idea, and only paranoid idiots would think the project was successful.
I don't see my friends talking about it because we all find it very risky.
However, when I read the news about the big scam, I was not too surprised with it, because right from the look at the product it was building was a scam product. I don't know about copyright issues, but the idea of based on what is going viral on social media is already a bad idea, and only paranoid idiots would think the project was successful.
I guess you are right, something that's going viral on social media around starts the hype and sucks in many "naive" people! I am not surprised as well, similar things happened already, and I am sure it will happen many times again... after initial hype and price rise scam projects end with a disaster for people who fall on big promises!
Well, I can only hope that people learned something from this...
Wonder the main loss cases
I don't see my friends talking about it because we all find it very risky.
However, when I read the news about the big scam, I was not too surprised with it, because right from the look at the product it was building was a scam product. I don't know about copyright issues, but the idea of based on what is going viral on social media is already a bad idea, and only paranoid idiots would think the project was successful.
I don't see my friends talking about it because we all find it very risky.
However, when I read the news about the big scam, I was not too surprised with it, because right from the look at the product it was building was a scam product. I don't know about copyright issues, but the idea of based on what is going viral on social media is already a bad idea, and only paranoid idiots would think the project was successful.
After a few days ago I saw a lot of influencers on Tiktok discussing the Squid game token that flew 3500% in 3 days turned out to be abandoned after the hypeya stopped. I can't afford to think of those who got stuck at the top and took all the losses on those tokens. Is there anyone here who bought it?
This is how our risks if you buy a token or coin that only follows a clear trend without fundamental. The first will be the luckiest, and the one at the top of the burden.
Source https://www.coindesk.com/markets/2021/11/01/squid-game-token-crashes-developers-say-theyve-left-the-project/
Is this the same squid game token that questioned being scam? https://bitcointalksearch.org/topic/cant-sell-squid-token-is-it-scam-5368043 in which the OP cannot find any place where to withdraw His squid coin?This is how our risks if you buy a token or coin that only follows a clear trend without fundamental. The first will be the luckiest, and the one at the top of the burden.
Source https://www.coindesk.com/markets/2021/11/01/squid-game-token-crashes-developers-say-theyve-left-the-project/
and what i am thinking is that who's fool that will trust a project that surely no future plans but only riding the popularity of the movie
I got info from tiktok, this token is now possible to be swapped. If you have bought in the range below $0.05 maybe you can take profit now.
I suggest that whoever is still holding it to sell it immediately and never return. Set this token to be hidden from wallet watchlist and revoke all contract authorised of this token to avoid anything unwanted in the future.
I suggest that whoever is still holding it to sell it immediately and never return. Set this token to be hidden from wallet watchlist and revoke all contract authorised of this token to avoid anything unwanted in the future.
It is clearly that it only follows only the trend and not to further research about the project. Many would've seem fall into this trap and most of the token scam nowadays are just like this hype. Risks is always part of the investment scheme however we should double our standards and choose wisely when it comes to crypto investments. Crypto isn't always an easyoney scheme, hardwork and patience to take the risk are fundamental.
Im just thinking on that also of whatever a trend in these year they use it for advantage and yes we need to search before we make some move. But Im not invested of this project I dont want to waste my money on it. Actually there are project in here are worth to invested even do they take to long to wait earn a profit but the important is we have a comeback if we invested. 
it's not the last time when someone uses hype to create token and take money from investors. if people give their money so easily scammers will try again and again.
It's just because he trusts anyone he sees too much, so the gift is also solely because of his belief and trust in everyone so that scammers really like this for the sake of using it to take other people's money.It's not like that. It's not about trusting anyone or anything.
It's about making money as quickly as possible and getting rich overnight. You see how these tokens like safemoon, safesun, shiborg inu, akita inu, shiba inu, and the list goes on, continue to rise from their least and have the (unexpected, temporary) potential to rise due to which people fall for these shit-meme tokens. I'd never advice anyone to invest more than 1-5% of their capital in these coins as they're all like Chinese items, if works, will run till the moon, else will die in the evening.
I keep thinking about this, I don't know what's in their mind to buy meme tokens like this or tokens with names that are currently popular, many beginners in this crypto world are losing a lot of money just because a fraudulent project like this is in the crypto space, why would they not asking why should I buy this token? if only that question was on their mind they probably wouldn't be exposed to this kind of scam
many are stuck with these tokens because of the large FUD of the fraud community so that many investors are deceived. besides that, hype factors such as doge are one of the factors for them to be able to get instant profits. this must be avoided or will lose in large numbers
It is clearly that it only follows only the trend and not to further research about the project. Many would've seem fall into this trap and most of the token scam nowadays are just like this hype. Risks is always part of the investment scheme however we should double our standards and choose wisely when it comes to crypto investments. Crypto isn't always an easyoney scheme, hardwork and patience to take the risk are fundamental.
I was asked by a colleague to invest in that coin so to make a "fortune" out of it. I said "no" because I was skeptical about it from the very beginning and thought it'd be better to say away. With all the hype surrounded, I even came to know that they were mostly able to "buy only" and couldn't sell their coins at pancakeswap which means the team either locked the selling part and only allowed the users to buy after which they pulled the rug and investors' minds got their bells rung, but till then, it was way too late as the devs who were making excuses like "they wanted to save the project from scammers" and blah blah blah just did their part and stole millions of dollars from the investors who blindly invested under the effect of hype.
Who the hell will put money on something that is copied from a TV series? There's no use-case at all. It's more dangerous to enter in a token that already has over a 3,000% increase just for a short-term period. Pure hype with no real use-case.
Nothing wrong with me taking part but at least some people should do some Do-Your-Own-Research properly.
Nothing wrong with me taking part but at least some people should do some Do-Your-Own-Research properly.
After a few days ago I saw a lot of influencers on Tiktok discussing the Squid game token that flew 3500% in 3 days turned out to be abandoned after the hypeya stopped. I can't afford to think of those who got stuck at the top and took all the losses on those tokens. Is there anyone here who bought it?
This is how our risks if you buy a token or coin that only follows a clear trend without fundamental. The first will be the luckiest, and the one at the top of the burden.
Source https://www.coindesk.com/markets/2021/11/01/squid-game-token-crashes-developers-say-theyve-left-the-project/
This is how our risks if you buy a token or coin that only follows a clear trend without fundamental. The first will be the luckiest, and the one at the top of the burden.
Source https://www.coindesk.com/markets/2021/11/01/squid-game-token-crashes-developers-say-theyve-left-the-project/
I never got squid coins, but know a few people who insisted it wasn't a scam and invested, apparently they lost, cause just a few people think and analyse before jumping into the deep end.
Improper analysis will lead you to an abyss that has no limits, you can do many things to see if it is worth developing. you should continue to research about what you will invest later. this will give you more headaches with the wrong picture. But if your belief is very high to see the big thing in all of this. do it
The very consequences of not doing your homework and be moved by hypes, it's tough to see people losing their money
just because they invested in something that just a pure hype, the token named after popular tv series, no real usages
but more on pump and dump scheme from the developers who ride along with the popularity of this series.
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