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Topic: Why is Squid Game still listed ? (Read 263 times)

sr. member
Activity: 1008
Merit: 366
July 01, 2022, 10:23:27 AM
#47
People will choose those what will give them profits. Investors don't see what is scam but which is going to do good in the market. Also could be a pyramid scam. So stay away.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
July 01, 2022, 10:20:34 AM
#46
Although squid game was scamming their holders, seems like it still not fully dead.
There are some trading volume in the market, looks like the community of squid game still run this coin.
Even now there is squid game 2.0, we should be careful about this coin if we don't want to getting scammed again.
full member
Activity: 882
Merit: 100
June 30, 2022, 12:20:59 PM
#45
I had several squad game coins.At that time the price was $800.But now the value of that coin is only $40.The matter is very frustrating to me.Such a loss has never happened in my life.I don't understand what happened to Squad Game Coins.It has not yet been proven as a scam token.So I still hold on in the hope of being pumped.I don't know if it should be hold.Lunar coins were dumped in exactly the same way.What happened to these two coins I saw is unbelievable.I don't know if these coins will return to their former position.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
June 02, 2022, 11:56:05 AM
#44
As far as I know Coinecko is an information platform as well as Coinmarketcap where this platform provides info2 about the prices and ratings of coins listed on their list, (hope I don't misinterpret)

I think you don't have to worry too much about their trade if it is already very detrimental and causes anxiety I think the exchange will delist them
sr. member
Activity: 446
Merit: 250
June 02, 2022, 11:30:05 AM
#43
That's true, squid game token is still listed a few centralized exchanges such as poloniex and gate.io also trading in the dex but we know that thos project was heist over 2 million dollars.  as i heard. 5-6 addresses holding 70% of the tokens, so definitely they can manipulate at any time if they will go to sell of their tokens.
Supposedly the exchange should issue a firm decision to delist the scam tokens/coins, many scam news have been verified from many detailed reviews. If the news is not released immediately, the two exchanges will have an effect on trust because they still support Squid scam trading.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
June 02, 2022, 11:24:31 AM
#42
I was shocked to find this project is still listed on CoinGecko and even doing well relative to other projects, up 5% today. The question is why ? Wasn't this proven to be a scam ?
Meanwhile LUNA is worth even less than Squid Game token, I think it's pretty much over for LUNA if it can't even beat Squid Game..  Cry
I doubt any top centralized exchange would keep squidgame token listed. If people are still trading, then they are most likely trading using a decentralized exchange. The market cap of the coin is so small that anyone can actually manipulate the price.
That's true, squid game token is still listed a few centralized exchanges such as poloniex and gate.io also trading in the dex but we know that thos project was heist over 2 million dollars.  as i heard. 5-6 addresses holding 70% of the tokens, so definitely they can manipulate at any time if they will go to sell of their tokens.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
May 24, 2022, 12:05:54 PM
#41
CoinGecko is just an informative site. They are right in detailing every cryptocurrencies of the market indiscriminately. There are no issues by doing this, especially because they display a warning message on the top of the screen. We could argue the message should be more highlighted or the text more emphatic, but scams are also part of the history and shouldn't be forgotten or ignored. Instead, we should learn and keep them alive in our memories to not fall for similar offers in the future.
This is my posture as well, do we want those websites instead to cover the truth and to not report coins like that? This will be incorrect as we need to know if there are still some exchanges and traders that are interested in a scam coin like that.

Also this would make things way more complicated for sites like that as now they will have to evaluate each coin and determine if it is a scam before they report anything about it, and this is something that they will have to do every single day as we know that coins that seemed legitimate can turn into a scam at any moment, so doing something like that will only bring them headaches while bringing no benefits to them at all.
hero member
Activity: 2268
Merit: 588
You own the pen
May 18, 2022, 09:02:57 PM
#40
I was shocked to find this project is still listed on CoinGecko and even doing well relative to other projects, up 5% today. The question is why ? Wasn't this proven to be a scam ?
Meanwhile LUNA is worth even less than Squid Game token, I think it's pretty much over for LUNA if it can't even beat Squid Game..  Cry

There is nothing that can stop them from scamming because no one in this world will go to their place and prove if they are doing anything about their project. They can say what they want giving false promises to their investors and listing their coins as if nothing has happened. too many reasons for them to stop this project but what can we do? they just saying nonsense in their telegram group giving their investors false hope and not caring about their money at all.
sr. member
Activity: 602
Merit: 253
May 18, 2022, 08:18:47 PM
#39
Ah yeah, I almost forgot that shitcoin even exsited. But it's still listed? So I guess there are investors that still trying to make the token alive so far. If it's still there, then there's demands over their markets. But be very careful. It's not very advisable to invest on it. It's indeed sad seeing that a rugged token still exsited to be traded on some exchanges.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
May 18, 2022, 07:20:18 PM
#38
I was shocked to find this project is still listed on CoinGecko and even doing well relative to other projects, up 5% today. The question is why ? Wasn't this proven to be a scam ?
Meanwhile LUNA is worth even less than Squid Game token, I think it's pretty much over for LUNA if it can't even beat Squid Game..  Cry
I doubt any top centralized exchange would keep squidgame token listed. If people are still trading, then they are most likely trading using a decentralized exchange. The market cap of the coin is so small that anyone can actually manipulate the price. Luna might worth less than squid game but in terms of marketcap, I bet Luna is higher. So Luna actually worth more than squid game. It doesn't has to beat Squid Game. I doubt luna will ever recover.
sr. member
Activity: 1498
Merit: 443
May 18, 2022, 06:43:25 PM
#37
I was shocked to find this project is still listed on CoinGecko and even doing well relative to other projects, up 5% today. The question is why ? Wasn't this proven to be a scam ?
Meanwhile LUNA is worth even less than Squid Game token, I think it's pretty much over for LUNA if it can't even beat Squid Game..  Cry
I am also confused about this because it is still also listed on CMC. and when I check on the exchanges, there are still several exchanges that list the token with quite a good trading volume.
Yes, this is proven as a scam token. But now, the token is managed by the community, maybe the community doesn't want their money lost and they manage the token and still tradable.
I wonder and search for the token in both CMC and COinGecko. In fact, there are also several token name Squid, Squirt and othe Squid .....  Grin
member
Activity: 700
Merit: 10
May 18, 2022, 06:11:39 PM
#36
There's nothing Coingecko could do other than put a warning once users are on the Squid Game page. Maybe you could write them a letter requesting a take down. You can do the same with Coinmarketcap and other less known market data aggregators.
yea , we must submit request to coingecko team so they could delete squid game data. it really  dangerous if any investors buying it without understand reason this price drop alot. cmc and coingecko must understand this risk in our request.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
May 18, 2022, 06:07:04 PM
#35
I think coingecko just gonna list any altcoin they could see but in the case of squid game and any other scams tokens coingecko just gonna give an alert and maybe head on that this specific altcoin might be a scam.
it's just like how CMC usually giving a warning that some altcoins might be highly fluctuative, scams, rugpulls and etc.
Considering the fact that this squid game coin itself is still traded in some dex exchange that I think is ridiculous but I guess some people just don't wanna let go this squid game coin even after the massive rugpulls.
sr. member
Activity: 1554
Merit: 413
May 18, 2022, 05:52:39 PM
#34
There's nothing Coingecko could do other than put a warning once users are on the Squid Game page. Maybe you could write them a letter requesting a take down. You can do the same with Coinmarketcap and other less known market data aggregators.
sr. member
Activity: 2422
Merit: 357
May 18, 2022, 04:45:41 PM
#33
I believe those who still invest in the squid game token do so to play the pump and dump game (fully aware of the risks attached). The just need a little upward movement in price to take out their funds. The last man standing is the loser in this case unlike the movie the token was all about.
It’s still there because Squidgame is still listed on 9 exchanges and seriously there’s still a huge volume for this one and yes technically those are the old holders of this token but if the developer already abandoned this, I also don’t know why those exchanges still listing it, maybe those exchanges have the holdings as well that needs to be disposed so better to be careful on this and don’t trade at all, this is just another pump and dump shit tokens, can’t be trusted at all.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 18, 2022, 04:39:26 PM
#32
Quote
"There are reports of rug pull in this project in mainstream media. Please proceed with caution".


CoinGecko is just an informative site. They are right in detailing every cryptocurrencies of the market indiscriminately. There are no issues by doing this, especially because they display a warning message on the top of the screen. We could argue the message should be more highlighted or the text more emphatic, but scams are also part of the history and shouldn't be forgotten or ignored. Instead, we should learn and keep them alive in our memories to not fall for similar offers in the future.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
May 18, 2022, 02:39:27 PM
#31
My understanding is that Binance blacklisted developer wallets, so the token is now completely controlled by the community. I am not sure why some people still trade Squid Game tokens, since I would never invest in such worthless meme coins, but at least a new rug pull from the developer side is no longer possible.

Then why LUNA team minted new tokens if already blacklisted dev wallets by Binance, i think all of minted tokens selling by LUNA teams, even Binance CEO said to LUNA team to burn new minted tokens. SQUID token holders over 100k, and still it's trade ongoing with several exchanges, it’s listed two biggest centralized exchanges, so many holders with this project even after SCAM.

You've made a mistake, I'm afraid. This thread is about Squid Game. What does the LUNA team have to do with SQUID tokens?
The Squid Game token was a scam, and the developers did a rug pull from under token holders. It has nothing to do with what happened with Terra LUNA and Terra UST.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
May 18, 2022, 11:59:46 AM
#30
I was shocked to find this project is still listed on CoinGecko and even doing well relative to other projects, up 5% today. The question is why ? Wasn't this proven to be a scam ?
Meanwhile LUNA is worth even less than Squid Game token, I think it's pretty much over for LUNA if it can't even beat Squid Game..  Cry
This is not the fault of coingecko, if there are some exchanges out there still allowing people to trade that scam coin with some volume then it is their responsibility to report it, it would be completely different if they were encouraging people to invest in the coin but since that is not the case I do not have a problem with this.

This is similar to the bad news that are reported, are those that report bad news responsible for them? Should they hide them? Not really, they are just informing us about something that is happening and nothing more.
newbie
Activity: 9
Merit: 0
May 18, 2022, 11:24:16 AM
#29
I believe those who still invest in the squid game token do so to play the pump and dump game (fully aware of the risks attached). The just need a little upward movement in price to take out their funds. The last man standing is the loser in this case unlike the movie the token was all about.
full member
Activity: 197
Merit: 102
May 18, 2022, 11:23:39 AM
#28
The point of coingecko is not to get things that are shady or shticoin or scam to get delisted, they are just there to make sure that they list everything they can, even if it is a scam. However, the idea that it is still standing and still used by people and even up for a small amount is a big deal, that basically means that you can't really expect much from the crypto community these days. If we are along with people who are willingly spending their money on a proven scam coin, then it means that we can't really hope for anything better in the crypto world to happen anytime soon neither. We will have a ton of scam projects in the future as well, as long as people are proven to be scam and yet people are still investing into it then there is nothing that we could do about the community growing to be better and getting richer, we are just hopeless.
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