The Squid Game price page is part of Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies. Where can I find the squid game price data?.
The Squid token was launched as the exclusive coin of the Squid Game project – a crypto play-to-earn platform. Squid is now $2.22, up nearly 2,400% over the last 24 hours, and its market capitalization is over $174 million. The price of a viral cryptocurrency inspired by the hit Netflix show Squid Game crashed Monday morning after reports detailing the project’s anonymous founders had pulled the plug on the token and run away with investor proceeds-the latest cautionary tale for traders trying to chase the nascent crypto market’s meteoric gains. What happened to squid game cryptocurrency?.It is in our cryptosphere’s interest to assure investors they won’t be left in the lurch by a possibility they were clueless of. In the same spirit, crypto advertisers should also take the effort to issue risk disclaimers that actually serve to inform people instead of flashing past screens.
The Centre has been working on a bill for that, but in the interim, a clutch of top crypto exchanges has pledged to adopt a joint self-regulatory mechanism to safeguard the interests of investors. Though we have no reliable count, we clearly have millions of crypto dabblers in a market that is yet to be regulated. While a recent study by BrokerChoose pegged crypto owners in India at 100 million, the world’s biggest such cohort, a fifth of that estimate is held as more realistic by professionals in this space. Given the scale of this web phenomenon and signs of reckless enthusiasm, what’s going on is worrisome. People tempted to trade on platforms that have no circuit breakers are especially vulnerable to wipe-outs. Not all buyers seem aware of coin- specific risks, unfortunately, or even general pitfalls. Since India’s crypto boom after the Supreme Court lifted a ban on their trading nearly two years ago has seen plenty of fair-and-square money made on safer digital currencies, it’s safe to assume that crypto safety levels vary widely. Similar problems of mistaken identity arise if a crypto token surfaces that looks as if it’s backed by a widely-trusted brand, as happened with Tata. The losses left by this internet replay of ‘tulip mania’ are scandalous because many buyers may not have known what exactly they were buying, let alone weigh the risks. This Squid coin was marketed online as a “play-to-earn" token for theme games, digital affairs that presumably had nothing to do with the horrors portrayed on the dystopian show, but its value soon rose on a wave of demand that probably attracted crypto punters and inflated a gigantic value bubble. After zooming to a peak of about $2,860 per coin, it reportedly dropped to a fraction of its $0.01 issue price, all within the span of a week.
#Squid game cryptocurrency ticker serial
Consider this week’s crash in the value of a token named after Squid Game, a mega-hit survival serial on Netflix. The hustle-bustle of crypto trades has had little if any supervision, and now much seems amiss. Log onto the internet and peer into the cryptosphere, however, and one can detect the distinct air of a casino. Light wagers at social dos are part of India’s festive spirit around Diwali and there are safe ways to join the fun.