#Squid Coin
Squid History: On the first day of trading, Squid Coin skyrocketed from 0.00007 to 2800 USD
CCTV news reports: The cryptocurrency named after the popular web drama 'Squid Game', 'Squid Coin', recently experienced a collapse, with prices soaring from 1 cent at issuance to a peak of 2861.8 USD, then plummeting to less than 0.1 cent within 5 minutes. Millions of dollars in market value evaporated instantly. Analysts believe this is a typical 'rug pull' scam. In 2021, 'Squid Game' was the most popular web drama globally and also the most notorious cryptocurrency.
Currently, many addresses from the project team airdropped around 40,000 Squid Coins, subsequently blacklisting all these airdrop addresses, making them dead addresses (many of the top 1000 addresses with around 40,000 Squid Coins have not moved for over 3 years, corresponding to the first batch of Squid investors).
Initially, Squid Coin could only be bought and not sold, which attracted people and completely scammed them.
That night, a YouTube live stream led many people to buy Squid Coin, which instantly went to zero, causing a sensation.
After CZ learned about this incident that night, when the project team ran away, he woke up in the middle of the night, forcibly logged into Squid Coin to blacklist all the project team's addresses, and subsequently abandoned the contract permissions for Squid Coin.
After abandoning the contract rights, CZ personally funded to add liquidity to Squid Coin (from 0.00007 to 0.01, instantly a hundred times).
The 8th holder, just minutes after CZ announced blacklisting the project team's addresses, added liquidity, then Squid Coin reached 0.8, and this address didn’t sell a single Squid Coin (16 million Squid Coins, valued at 100 million RMB at that time).
Now on December 26, Squid Game 2 is airing, along with a Squid variety show, and the Korean Netflix company will also release a Squid mobile game, with Squid Game 3 set to air in early next year.
Squid has been washed for three years without going to zero; now the community’s CTO has no project team, and CZ has blacklisted the project team’s address, effectively destroying 400 million coins. Currently, the total circulating supply of Squid is less than 400 million. CCTV has also reported on this. All cryptocurrencies reported by CCTV have increased by millions of times. With Squid Game 2 about to air, how could one miss it?
For those interested in contracts, research, and technical analysis, click on the avatar. I have years of experience and skills in the crypto space and share them freely. I’m waiting for you in the community, always online, welcome to discuss and improve together.
