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From $2,800 to zero in 5 minutes: How investors lost millions in cryptocurrency inspired by ‘Squid Game’
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The cryptocurrency, called Squid, began trading early last week at a price of just one penny per token. In the following days, it drew attention from a number of mainstream media outlets.
By early Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap. Then Squid went on a roller-coaster ride.
In a 10-minute span later on Monday, the token’s value grew from $628.33 to $2,856.65, according to CoinMarketCap, a crypto data tracking website. Then, five minutes later,
. Read more on economictimes.indiatimes.comAbout this in other media
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