SQUID is a scam project and it won't be the last so before FOMOing out on a project make sure they have real team and developers behind them, many meme coins out there have no team, the scammers just find an attractive web page design and lure investors in, you are the master of your wallet spend wisely
And what about a bounty campaign name also a squid game just like of what Im wearing right now but this one is different its squid coin, And I feel like worried about these because I feel Im wasting my time in here. But Im asking from the team that this squid game that applied was a different one and maybe I will stay and continue of what happen next or in the end of bounty. Actually its 4 weeks only than those project has longer to finish and in the end they are leaving in the project it have and become scam.
Topic: SQUID GAMES TOKEN CRASHES - page 3. (Read 622 times)
Token made out of thin air because their is a trend won't survived for too long. As you have said, if the tokens doesn't have something to use then it may stay that way but if it is only creates because of thw hype or trend then better stay away.
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.
SQUID is a scam project and it won't be the last so before FOMOing out on a project make sure they have real team and developers behind them, many meme coins out there have no team, the scammers just find an attractive web page design and lure investors in, you are the master of your wallet spend wisely
And what about a bounty campaign name also a squid game just like of what Im wearing right now but this one is different its squid coin, And I feel like worried about these because I feel Im wasting my time in here. But Im asking from the team that this squid game that applied was a different one and maybe I will stay and continue of what happen next or in the end of bounty. Actually its 4 weeks only than those project has longer to finish and in the end they are leaving in the project it have and become scam. Those who bought at the top lost tremendous money but what about those bought the dip before? They are driving cars and flying jets now. Always remember that.
it's true, there are those who are lucky to buy tokens at low prices but it's unfair for those who buy at the top if the ending is directly you can see how the rug pull process occurs. In fact, there are many videos that show live streaming of the seconds of the massive rug pull happening. There are a lot of shitcoins out there today, but this is one of the worst. When you are in the position of those who buy at the top and are not given any warning signs of a general market crash and then just drop to 0, isn't that the same as robbery?
It in fact is a robbery. According to them, there were provision of restricting the developers from selling their coins in the smart contract. But they had purposefully left some loop holes to manipulate it and sell their coins when the price was highest.
Most of the people joining the project were aware that it is risky but still greed made them do it. People should wait to get proper reviews and audits from audit agencies before deciding to trust your money to some defi.
I hope at least those affected can learn from this grave experience and become better investors.
If I may add, to the trained eye, this rug pull was always a matter of time, a matter of 'when'.
I believe most are thinking that it may have the same fate like SHIB. But unfortunately, it is not. As the "dev" team decided to pocket money and disappear into thin air. If you want better assurance with your portfolio, better keep your choices in the top alts. And of course, bitcoin for me, should always be included as much as possible. Others are disappearing but we know, btc has the stronghold to survive in the market.
With this recent crash of meme token, more than likely, a lot of newcomers got burned. So they are thinking that crypto is a scam but it is the project itself. That's when confusion arises when newcomers try to ride the hype without sufficient knowledge of the market.
That's why we have to be really careful in choosing which coins to own because we can't just rely on the hype. we don't know whether hype tokens can survive in the crypto market or not because more and more new tokens will come out and they will compete in the crypto world. if we choose crypto only based on the hype that is going on then that is a big mistake, we need to research the coins to be purchased so that they can be managed properly and provide profits.
Those who bought at the top lost tremendous money but what about those bought the dip before? They are driving cars and flying jets now. Always remember that.
it's true, there are those who are lucky to buy tokens at low prices but it's unfair for those who buy at the top if the ending is directly you can see how the rug pull process occurs. In fact, there are many videos that show live streaming of the seconds of the massive rug pull happening. There are a lot of shitcoins out there today, but this is one of the worst. When you are in the position of those who buy at the top and are not given any warning signs of a general market crash and then just drop to 0, isn't that the same as robbery?
It in fact is a robbery. According to them, there were provision of restricting the developers from selling their coins in the smart contract. But they had purposefully left some loop holes to manipulate it and sell their coins when the price was highest.
Most of the people joining the project were aware that it is risky but still greed made them do it. People should wait to get proper reviews and audits from audit agencies before deciding to trust your money to some defi.
I hope at least those affected can learn from this grave experience and become better investors.
If I may add, to the trained eye, this rug pull was always a matter of time, a matter of 'when'.
Token made out of thin air because their is a trend won't survived for too long. As you have said, if the tokens doesn't have something to use then it may stay that way but if it is only creates because of thw hype or trend then better stay away.
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.
This is 0x34400280a169f4685193926a513618cf7fe7f0aa DEV main BSC WALLET address. Almost 3.5 million (BNB) dollar out from another wallet. But team try to make a drama for this token holders like they affected by hackers which is unbelievable. We have to learn from it because at end of the day such of meme coin will exit SCAM. 0x87230146e138D3F296A9A77E497A2A83012E9BC5.
Those who bought at the top lost tremendous money but what about those bought the dip before? They are driving cars and flying jets now. Always remember that.
it's true, there are those who are lucky to buy tokens at low prices but it's unfair for those who buy at the top if the ending is directly you can see how the rug pull process occurs. In fact, there are many videos that show live streaming of the seconds of the massive rug pull happening. There are a lot of shitcoins out there today, but this is one of the worst. When you are in the position of those who buy at the top and are not given any warning signs of a general market crash and then just drop to 0, isn't that the same as robbery?
It in fact is a robbery. According to them, there were provision of restricting the developers from selling their coins in the smart contract. But they had purposefully left some loop holes to manipulate it and sell their coins when the price was highest.
Most of the people joining the project were aware that it is risky but still greed made them do it. People should wait to get proper reviews and audits from audit agencies before deciding to trust your money to some defi.
Those who bought at the top lost tremendous money but what about those bought the dip before? They are driving cars and flying jets now. Always remember that.
it's true, there are those who are lucky to buy tokens at low prices but it's unfair for those who buy at the top if the ending is directly you can see how the rug pull process occurs. In fact, there are many videos that show live streaming of the seconds of the massive rug pull happening. There are a lot of shitcoins out there today, but this is one of the worst. When you are in the position of those who buy at the top and are not given any warning signs of a general market crash and then just drop to 0, isn't that the same as robbery?
This is ene of the many ills of new tokens. It can become a high way to dead trap. People shouldn't invest more than they are willing to bear the loss. Any hope for the dump squid game?
i just know this news because i read coinmarketcap daily news. i know alot of rug pull news from my socialmedia friends but I am surprised why this rug pull become so big.
Why would anyone even release a coin based on a series in the first place? All of this is plain nonsense, why don't we see game of throne token too? Or breaking bad coin LMAO, these are just tools to lure stupid people, it's a smart way to control idiots
i don't think many who bought SQUID GAME are stupid or idiots.
some of them must be smart that's why they have money but they are not using their brain.
they just don't know which crypto they should bought and which should not
they just gamble all away. just like playing some casino game or maybe they new in cryptoworld who knows
~
Here in my country, it is quite popular actually. Just imagine those recently popular TV shows to be turned out into a coin, not the all-time popular but just recently popular. I was surprised that Bird Box series back in 2018 did not even get a coin and it was like hell of a trend when it first landed, now it is just a rubble to be rewatched by some who didn't manage to join the hype.i don't think many who bought SQUID GAME are stupid or idiots.
some of them must be smart that's why they have money but they are not using their brain.
they just don't know which crypto they should bought and which should not
they just gamble all away. just like playing some casino game or maybe they new in cryptoworld who knows
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.
The person who invested in this nonsense deserves to lose everything. People still have an interest in investing in the token after watching the show; they certainly deserve their reward. Markets need these kinds of developments to occur, it's irritating how people invest in anything. It will only take a couple of more times for people to understand not to invest in all these meme coins and dumb projects.
"The person who invested in this nonsense deserves to lose everything. " Exactly! This is how it should be. After all, people could not see the site, the telegram groups, that it is not even possible to write there and the created pages, the domain a few weeks ago. This is enough to understand that this is a scam. And through this many will have to realize that this market is not so easy. To just buy nonsense and think it will make money is the biggest stupid thing. Knowledge is really important and don't listen to anyone fomo anything shady, looking back, most of these mishaps are meme projects, nftgame,... always be wary of projects pursue these because transparent projects do not have such sudden price increases.
The person who invested in this nonsense deserves to lose everything. People still have an interest in investing in the token after watching the show; they certainly deserve their reward. Markets need these kinds of developments to occur, it's irritating how people invest in anything. It will only take a couple of more times for people to understand not to invest in all these meme coins and dumb projects. 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/
The chart is looking so strange days before the crash, there are no red candles on every time interval , people should be notice there is something wrong with the token and a day before there are a rumour that people who holds the coins are not able to sell it.
And yesterday the devs withdraw all the money from liquidity and pretending their smart contract being hacked, classical reason when the devs want to escape scam.
I heard this is not the real squid game coin, the real one is gonna releasing the NFT game in few days and the token name symbol is $SGT
And through this many will have to realize that this market is not so easy. To just buy nonsense and think it will make money is the biggest stupid thing. Knowledge is really important and don't listen to anyone fomo anything shady, looking back, most of these mishaps are meme projects, nftgame,... always be wary of projects pursue these because transparent projects do not have such sudden price increases.
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 saw this incident live on twitch and it was both really funny and sad at the same time when looking at that.I couldn't imagine if people actually buy this coin when it was really high up and suddenly their assets went to zero instantly.
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/
All I can say is move on and learn. Sure you can be the luckiest person ever and make a profit through exit-trading as soon as you get one but if you are late in just one second then it would be a nightmare for those are late.Source https://www.coindesk.com/markets/2021/11/01/squid-game-token-crashes-developers-say-theyve-left-the-project/
There are always many newbies who are tempted to invest in shitcoins, they think the SQUID token will continue to rise in price and can provide
big profits. In fact, the SQUID token was created by taking advantage of the popularity of the Korean hit series on Netflix, to be able to
generate profits for the creators and development team. Let this be a lesson for people who buy SQUID tokens at peak prices, so that they do
not repeat the same mistake in the future. Sometimes for someone to become a successful investor, they have to learn the hard way,
by experiencing losses first. Even though there are many topics in this forum that explain how to choose projects that are safe for investment.
So for newbies, try to learn again how to choose tokens that are worth buying, so don't be influenced by other people when buy tokens.
Always do research and analysis before deciding to invest in crypto, because if we're not careful, we'll invest in shitcoins, which only makes us
lose money.
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.
We've already given some warning when it was just still starting to increase.I feel sorry for those people who get caught with the dump which these kind of increase or hype do typically end up 0x87230146e138D3F296A9A77E497A2A83012E9BC5.
on a rugpull and thats what happened on here thats why you should really be keen or careful on dealing off with these kind of hypes specially with coins which are dragged on something trending
because scam devs will typically taking advantage with these things which will really be used against you and lure you in to buy their shit tokens.
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 saw this incident live on twitch and it was both really funny and sad at the same time when looking at that.I couldn't imagine if people actually buy this coin when it was really high up and suddenly their assets went to zero instantly.
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/
All I can say is move on and learn. Sure you can be the luckiest person ever and make a profit through exit-trading as soon as you get one but if you are late in just one second then it would be a nightmare for those are late. Source https://www.coindesk.com/markets/2021/11/01/squid-game-token-crashes-developers-say-theyve-left-the-project/
Jump to: