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"Squid Game" cryptocurrency soared nearly 2400% in 24 hours

Surging Financial News

According to foreign media reports on October 28, the cryptocurrency named SQUID (Squid Coin) is trading at $2.22, up nearly 2400% in the past 24 hours, and its market value exceeds $174 million. The coin is based on Netflix (NFLX. US) cryptocurrency named after the brand named after the hit dystopian drama Squid Games.

However, CoinMarketCap has issued a warning that it has received "multiple reports" that users cannot sell the token on the decentralized exchange Pancakeswap. Foreign media contacted the SQUID website to inquire about the matter, but did not get a reply.

According to the Squid Games whitepaper, the Squid token was launched as an exclusive token for the Squid Game project, a crypto gaming platform. The coin started pre-sale on October 20 and sold out within 1 second. (The Paper's reporter Wu Yuli)

Editor-in-Charge: Wu Yuli

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