Caution: New SQUID Game Token emerges after 2021 rug pull
Even though the original Squid Game-inspired cryptocurrency turned out to be a rug-pull scam leaving holders unable to sell their SQUID assets, there is now another token as an homage to the popular South Korean Netflix show of the same name.
Key points:
– Coinstore Singapore announced its partnership with the SQUID Game Token, which prioritizes security and trust to create a confident community.
– The original SQUID token launched in 2021 but crashed, resulting in investors losing their funds.
– The developers of the original SQUID token seem to have made off with an estimated $3.4 million.
– An investigation by Janhoi McGregor and Ciaran O’Connor revealed new evidence about the scam’s originators.
– The revived SQUID Game Token has migrated to a new contract address supposedly run by the community, but caution is advised.
Hot Take: Despite the rug-pull scam of the original SQUID token, a new SQUID Game Token has emerged. Investors should exercise caution and conduct their own research before getting involved.
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