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Topic: Why is Squid Game still listed ? - page 3. (Read 254 times)

legendary
Activity: 3108
Merit: 1029
May 17, 2022, 07:32:04 PM
#7
Squid game will never be delisted from the exchange site until the blockchain that used to build this token is dead. Why? it's still listed on the decentralized exchange site but look at how some centralized exchange site didn't even care about the case that happened with this token.
There's also new probability of squid already taken by the new developers. Those dumb people will always buy the dead token from the market. You must not be surprised with it.
That's only a shit token that is still being bought by dumb people who used it as pump and dump token in the market.
I would like to call this people as gambling instead investing as they bought scam token
hero member
Activity: 2632
Merit: 833
May 17, 2022, 07:24:59 PM
#6
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

The only explanation is that there are still investors who pour their money on this project. So obviously they will survived that way. Nevertheless it doesn't mean it is not a scam or will not do a rug pull. What if suddenly their investors withdraw and move to the next hype? So there is still danger here, so it's better to be very cautious about this kind of token with no real use case whatsoever but pure pump and dump scheme that might harm investors, specially beginners in cryptoverse.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
May 17, 2022, 07:04:04 PM
#5
Pumpers and dumpers will always be using squidgame to play. It doens't matter whether that has proven to be a scam token or not as long as pumpers and dumpers can make money from there and they will always try to buy the scam token.
I know that if you are ever loosing in the squid game and that would be a very painful for you but this is crypto when everything that is still in the blockchain can be manipulated easily.
It's pretty similar like when you are buying worthless token but again squid game is not yet erased from the blockchain
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
May 17, 2022, 06:20:26 PM
#4
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.

When it comes to the exchanges, they will list anything since their only goal is to earn from trading fees.
hero member
Activity: 2842
Merit: 625
May 17, 2022, 04:28:26 PM
#3
It's because the volume is still there and these exchanges that haven't delisted them are benefiting from them. IIRC, bitconnect was the same.

It took a long time before most of the exchanges have already removed it. This time, it's all about traders that as long as there's volume and it is liquid.

They don't mind getting in and they're aware of the risk. But it's better for them to just find another coin and pair to trade and not with this scam coin.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
May 17, 2022, 04:22:27 PM
#2
Maybe, those holders are still trying to get something out of it. But sooner or later, this token will die down eventually. So for holders, better discard it while you can, because later on, I don't think it can still fetch a price in the market. And in terms of LUNA, I don't think this can recover even if the CEO is saying he will revive this project. No one will trust them anymore.
member
Activity: 252
Merit: 13
May 17, 2022, 04:17:38 PM
#1
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
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