A Crypto Token Based On ‘Squid Game’ Is Surging



A new play-to-earn digital token, Squid Game, which is seeking to cash in on the popularity of Netflix’s mega-hit Korean survival drama, has risen 62,833% since Tuesday to $7.54 Friday morning, with a 253.89% gain over the past 24 hours, according to CoinMarketCap.

Squid Game token traded at $6.80 on Friday morning, up 57,166% since Tuesday. (AP Photo/Lee Jin-man) … [+]


Key Facts

The token is used to pay for an online game that will launch in November, according a white paper.

CoinMarketCap has issued a warning that it has received “multiple reports” of users unable to sell the digital token in decentralized cryptocurrency exchange Pancakeswap.

How To Get Free Crypto  

Squid Game token went on presale last week and was sold out in “a second,” according to the white paper.

SQUID is the crypto token’s currency code, with a logo featuring the shapes on a mysterious card given to potential players in the hit series.

Key Background

Unlike in the dark comedy, the online game is not limited to 456 players in debt, “everyone here in crypto world can participate,” according to the white paper. There is no maximum limit to the amount of the final prize, which gets bigger the more players participate. There are six levels in the online game, and the higher up players go, the more expensive the entry fee will be. Developers will take 10% of the entry fee and 90% will go toward the final bonus for the winner of the online game.


Joke cryptocurrencies have been gaining steam. Earlier this week, the meme coin Shiba Inu coin surpassed fellow meme coin Dogecoin’s market value.

Coinbase Banner  

Further Reading

Meme Coin Shiba Inu Surpasses Doge By Market Cap As Supporters Petition Robinhood To List It (Forbes)

Go to Source
Author: Lisa Kim, Forbes Staff

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.