‘Squid Game’ token soars 110,000%, but holders are unable to sell

HeadlinesNews‘Squid Game’ token soars 110,000%, but holders are unable to sell

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‘Squid Game’ token soars 110,000%, but holders are unable to sell

CryptoSlate3 months ago
Published on November 01, 2021 17:00 GMT+00:00edited on November 02, 2021 16:59 GMT+00:00

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SQUID, a cryptocurrency token created based on the popular Netflix Korean-language series Squid Games, has seen its value rise by over 200% within the last 24 hours touching to as high as $4.32. But users are now reporting they are having trouble selling, leading some to speculate whether there is reason to be concerned.

$SQUID leverages on Squid Game’s popularity

As a newly launched token, its unexplainable price growth places it amongst other meme crypto assets like Shiba Inu and Dogecoin whose prices tend to surge based on their growing popularity in the market.

The SQUID token is going to be the entry digital asset into the Squid Game’s play-to-earn online tournament that is expected to begin later this month where holders of the coin would be able to participate in six rounds of the …