SquidCoin is one of the cryptocurrencies that are being spoken about. The coin is inspired by the popular Netflix series of the same name. Like the hit Korean Netflix show, the coin has also been picking up a lot of interest, as people are getting to know about it. In just a few days after launch, the new token skyrocketed by more than 2300%. In fact, it is one of the best performing coins in the last couple of weeks. Let’s find out more about SquidCoin.
What is Squid Game Crypto?
The Squid Game project is a “play-to-earn” platform inspired by the Korean hit series on Netflix about a deadly tournament of children's games with a large pool of prize money. SQUID is the only token that can be used in Squid Game.
The pre-sale for the crypto token SQUID started on Oct. 20 and it sold out in a second. According to CoinMarketCap, the SquidCoin price is $0.193710 USD with a 24-hour trading volume of $23,199,543 USD. SquidCoin is down 3.30% in the last 24 hours.
The online tournament, Squid Game, is set to launch in November. It will mimic the six rounds of games format used in the Korean series and gives players the chance to earn more SGTs (Squid Game Token).
Where to Buy SquidCoin?
Buying SquidCoin is not as simple as buying Bitcoin or Ethereum.
- To buy Squidcoin, you must first invest in a preexisting coin like Bitcoin or another cryptocoin, from any exchange.
- Then, using Pancakeswap exchange, you can exchange these cryptos for SQUIDS.
Trading and investing in Squid Game Tokens should be handled with caution. SquidCoin Token was flagged by CoinMarketCap with the following warning:
We have received multiple reports that users are not able to sell this token in Pancakeswap. Please do your own due diligence and exercise caution while trading! This project, while clearly inspired by the Netflix show of the same name, is not affiliated with the official IP.