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Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero -Breaking

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A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “Rug pull” scheme.

Referred to as, the cryptocurrency plummeted just one cent after reaching $2,850 at 9:35 UTC (Nov. 1) This tragic drop occurred following a bull run of 75,000%, which demonstrates a higher demand for SQUID by traders since its Oct. 26 debut.

Price pump and dump for SQUID Source: CoinMarketCap