Another project squid game is online! Will Squid Game Online be the next scam?

Korean television series "Squid Game" (Squid Game) has gained popularity around the world. Currency Circles announced last month that the developer created a game token of the same name, SQUID (SQUID), which immediately fell off the cliff after peaking. The 99.99% drop came back to zero as the project party faced a shortage of wages, and Binance warns that this is a fraud.

Interestingly, shortly after the incident several operations under the SquidGame name just started popping up in stores. Today (16), SquidGameOnline, a peer-to-peer chain game distributor for Binance SmartChain, announced on its official Twitter that users can now purchase tickets to participate in the game using Squid, BNB, Tokens, BUSD and USDT.

Currently, the game is released in public beta in December. According to the site, the game returns to the level of the TV series squid game and features a real PVP battle. Income is directly tied to the player's level of the game, creating a P2E game that has the advantage of both. Sophisticated game and solid economic structure.

On the official platform, users can pledge SQT tokens or generate income. In terms of returns, the average APY is close to 400%, but it is unfortunate that the current trading partner block rate is not officially announced.

Tokens have fallen 95% since their peak and there is no information on the development team.

Additionally, the project's SQT token can be obtained on the Pancakeswap V2 exchange, but according to data from geckotermimal, the token price has plummeted after peaking at $ 0.08 on November 25. It was reported as US $ 0.005. 95% reduction before the deadline.

In addition, when the editor reads the free text provided by the person concerned, it does not provide the information about the development team, only the mailbox and the communication. Users should carefully consider the risks that will be behind them.

What happened to the previous SQUID press?

The above instructions, the price of coin costs back will return almost coins, and after the opportunity to challenge neighborhood and find new support.

The new official website writes: After Binance blacklisted the location of the project party's wallet, Squidcoin is back in the community. It is now a decentralized cryptocurrency with full community autonomy. As a coin, we believe it will be possible to revert to a dollar value of $ 50.

However, the financial world still wants to warn readers that it is not yet clear whether the wallet of the campaign party holding the tokens has been blocked at all or if any fish are still missing. . risk management.