Cryptocurrency

Bitcoin ETF

Squid Game

Nexo

<div class="finbold">
 <p class="paragraph">The <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market often reflects broader cultural phenomena, and the recent resurgence in the trading volume of the Squid Game token (SQUID) is a prime example.&nbsp;</p>
 <div></div>
 <p class="paragraph">Originally launched in late 2021, SQUID gained notoriety for its dramatic plunge and the subsequent scandal involving its developers. Despite its troubled past, the token is now witnessing a notable uptick in trading activity, prompting investors to take a closer look.</p>
 <p class="paragraph">SQUID initially captured the market’s attention, only to plummet by over 99.99%, resulting in significant investor losses.</p>
 <p class="paragraph">The downfall was attributed to a rug pull by anonymous developers who reportedly absconded with about $3.4 million, according to BscScan transaction records. This event marked one of the most significant scams in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> history and left the SQUID token in a state of disarray.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/59GsdExAjNgXmocBpVR-jL3huAeb_7CP6QDADeWf5Hh4kEf6kl4s_SmKidr4EHPiIqud3UuBwWDo-SNkd9A8Bquh2zl1r1_Zxy74FSrFhNtyWWlxvBLaUsIjPaD8nnXGyvnmjlegZ4cfEib4V2S3w48" alt>
  <figcaption class="wp-element-caption"><em>Transaction records. Source: BscScan</em>
  </figcaption>
 </figure>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/30/a6755a0b1ae443eb67d0b9d345b5b7b3.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="bloomberg-analyst-reaffirms-90-chance-of-bitcoin-etf-approval-in-january">Bloomberg analyst reaffirms 90% chance of Bitcoin ETF approval in January</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/30/d867fcc6b3664466b6913b96796d104e.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="expert-crypto-predictions-what-s-next-in-2024">Expert crypto predictions; What's next in 2024?</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/29/5b04b6de5ecd488046ee504865aa2c19.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="nexo-launches-dual-investment-to-earn-yield-and-project-prices-in-one-interface">Nexo launches Dual Investment to earn yield and project prices in one interface</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/30/aed8657b2297fed15388f135a62a986e.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="how-to-earn-500-a-month-from-this-stock">How to earn $500 a month from this stock?&nbsp;</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/29/578b552942e181e8b3e631d97285e66d.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="chainlink-price-prediction-as-link-sees-largest-whale-activity-in-2023">Chainlink price prediction as LINK sees largest whale activity in 2023</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Fast forward to the present, and SQUID is experiencing renewed interest from traders. This surge is intriguingly timed with the announcement of “<em>Squid Game the Challenge</em>“, a reality competition show inspired by the popular Netflix series.&nbsp;</p>
 <p class="paragraph">The show’s connection to the token’s theme has sparked renewed curiosity among traders and investors alike.</p>
 <h2 class="wp-block-heading" id="h-is-there-still-hope"><strong>Is there still hope?&nbsp;</strong></h2>
 <p class="paragraph">The popularity of the Netflix series Squid Game led to the emergence of a fraudulent token, capitalizing on the trend. However, the token is now experiencing some trading activity on the network due to the emergence of Squid Game the Challenge, a new reality competition show inspired by the series.&nbsp;</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/KS0tAOuW3KrdPJTWIbo83CGFUmj7TUlVFlxOS-AP0C2sWtiNFuidLrFerrPWnaNPOvknRF_-YzsU160FJj6jSeZVIAL8N3Vk7IPdGsPsh0yAtfh44nNsRgqJmTx83E8_-eo12wpk63Bc_xs1u6hWSOw" alt>
  <figcaption class="wp-element-caption"><em>SQUID one month trading volume. Source: CoinMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">As of the time of the writing, the current price of SQUID stands at $0.0109, accompanied by a 24-hour trading volume of $338,890, and the token has experienced a 0.6% decrease in its price in the last 24 hours.&nbsp;</p>
 <p class="paragraph">The circulating supply of SQUID is undisclosed, but the max supply is capped at 800.00m. While the highest point in the last month was $0.02576 on November 11, the lowest was $0.0106 on November 30, 2023.</p>
 <p class="paragraph">Regarding historical performance, SQUID reached its all-time high (ATH) on Nov 18, 2021, at $0.2512. Conversely, its all-time low (ATL) was recorded on May 14, 2023, at $0.0041.</p>
 <p class="paragraph">The revived SQUID Game Token’s page on the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> analytics platform CoinMarketCap states that the project has migrated from an old contract address to a new one, “now ostensibly run by the community after the initial rugging allegations.”&nbsp;</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/WDjcPtFJCN1lE44zplps7PEPEjR2KRzbmcbMiWoobQRw-yM3PQFdHIgAoUOGbtYxIG0abDuB4-iRWi2SGchH2IQASAq0VaWgD01f0byo4bVm-Ln3Qz3Zc_6nKxkvtR_sbCALUnM0LyYEralEL484xaM" alt>
  <figcaption class="wp-element-caption"><em>A statement on CoinMarketCap.&nbsp;</em>
  </figcaption>
 </figure>
 <p class="paragraph">Furthermore, CoinMarketCap warns investors that the contract creator can modify its smart contract (disable selling, change fees, mint or transfer tokens) and advises them to exercise caution before taking any action related to it and always do their own research.</p>
 <hr class="wp-block-separator has-alpha-channel-opacity">
 <p class="paragraph"><em>Disclaimer</em><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/warning-squid-game-cryptocurrency-re-emerges-amid-netflix-hype-tbt72174.html">https://thebittimes.com/warning-squid-game-cryptocurrency-re-emerges-amid-netflix-hype-tbt72174.html</a></p>

Warning: Squid Game cryptocurrency re-emerges amid Netflix hype

목차

TheBitTimes

2023년 11월 30일에 게재된 다른 기사

While Bitcoin Prepares for Monthly Closing, Bitfinex Analysts Received a Positive Report for BTC!

Bill Stein Joins Crusoe Board of Advisors

Wormhole Sets New Fundraising Record With $225 Million, Announces Departure From Jump Crypto

Galaxy’s Novogratz predicts Bitcoin reaching $70k with ETF approval

Meta's Ad-Free Paid Service Faces Trouble In Europe

Hong Kong Securities Body Proposes New ICO Portal

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!