{"id":359770,"date":"2021-10-29T16:36:40","date_gmt":"2021-10-29T13:36:40","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/users-unable-to-sell-squid-game-token-clocking-45000-gains\/"},"modified":"2021-10-29T16:36:40","modified_gmt":"2021-10-29T13:36:40","slug":"users-unable-to-sell-squid-game-token-clocking-45000-gains","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/users-unable-to-sell-squid-game-token-clocking-45000-gains\/","title":{"rendered":"# Users unable to sell Squid Game token clocking 45,000% gains"},"content":{"rendered":"<p>&#8220;<strong># Users unable to sell Squid <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a> token clocking 45,000% gains <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>A new token,\u00a0Squid Game (SQUID), inspired by the eponymous Netflix show,\u00a0has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.independent.co.uk\/life-style\/gadgets-and-tech\/squid-game-cryptocurrency-price-growth-b1947642.html\">posted<\/a> 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.<\/p>\n<p>\u201cWe have received multiple reports that the users are not able to sell this token in Pancakeswap. Please exercise caution while trading,\u201d major crypto tracking website CoinMarketCap\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/squid-game\/\">noted<\/a> in a warning about the SQUID token on its website.<\/p>\n<p>According to CMC, PancakeSwap is the only market available for trading SQUID at the time of writing. The token is trading at \u200b\u200b$5.71 and is among the top <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/gainers-losers\/\">gainers<\/a> on CMC, with a daily trading volume of $7 million.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-10\/340d73a4-84e5-4b5f-91b3-9fb4ed448f6b.png\"><figcaption style=\"text-align: center;\"><em>Source: CoinMarketCap<\/em><\/figcaption><\/figure>\n<p>Amid SQUID\u2019s mind-blowing growth coupled with reports on the inability to sell the token, some enthusiasts in the crypto community have alleged that the new coin is likely to be a scam scheme.<\/p>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> user Crypto Tyrion observed that Squid Game token founders, who are <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/squidgame.cash\/\">mentioned<\/a> on its website, are not on major professional network LinkedIn. He also stressed that Squid Game token was blocking tweet comments while not having Telegram and Discord channels. \u201c100% rug pull,\u201d Crypto Tyrion said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Closed Telegram group: \u274c\u274c\u274c\u274c<br \/>Closed discord: \u274c\u274c\u274c\u274c<br \/>Blocked Tweets comments: \u274c\u274c\u274c\u274c<br \/>No founder Linkedin: \u274c\u274c\u274c\u274c<br \/>CNBC article to pump: \u274c\u274c\u274c\u274c<\/p>\n<p>CONFIRMED SCAM<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/IncomeSharks?ref_src=twsrc%5Etfw\">@IncomeSharks<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jaynemesis?ref_src=twsrc%5Etfw\">@jaynemesis<\/a><\/p>\n<p>\u2014 Crypto Tyrion (@Cryptotyrion) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Cryptotyrion\/status\/1454051026470834181?ref_src=twsrc%5Etfw\">October 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some observers also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/gizmodo.com\/new-squid-game-cryptocurrency-launches-as-obvious-scam-1847961584?utm_source=twitter&amp;utm_medium=SocialMarketing&amp;utm_campaign=dlvrit&amp;utm_content=gizmodo\">pointed out<\/a>\u00a0<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arent issues in the Squid Game token\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/squidgame.cash\/SquidGameWhitepaper.pdf\">white paper<\/a>, including poor grammar, spelling errors and claims that are \u201cimpossible to verify.\u201d According to popular scam check source Scamadviser.com, the Squid Game token\u2019s website is suspicious with a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.scamadviser.com\/check-website\/squidgame.cash\">trust score<\/a> of 45 out of 100.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>YouTube channels hacked and rebranded for live-streaming crypto scams<\/em><\/strong><\/p>\n<p>The idea of the Squid Game token is inspired by Netflix\u2019s eponymous show where players risk their lives to play deadly games in hope of a big payout. The token is said to allow players to participate in six online games, with the goal of winning prize money.<\/p>\n<p>On Friday, CMC <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/alexandria\/article\/squid-game-play-to-earn-token-surges-33-600\">issued<\/a> a post noting that SQUID\u2019s rally may mean that playing the Squid Game described in the project\u2019s white paper may be unaffordable for most participants due to SQUID holdings requirements. As such, the sixth and final game would require players to hold 15,000 SQUID, which is over $80,000 at the time of writing.<\/p>\n<p>Publications, such as CNBC,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2021\/10\/28\/squid-game-cryptocurrency-up-nearly-2400percent-in-the-last-24-hours.html\">reported<\/a> that the Squid Game white paper mentions \u201canti-dumping <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>\u201d that prevents people from selling their coins.<\/p>\n<p>\u201cLiquidity of SQUID will be locked for three years on DxSale which prevents any unseen and immediate changes to SQUID liquidity pool. Unlock date is Oct 20th, 2024,\u201d the white paper reads.<\/p>\n<p>Cointelegraph reached out through contact information listed on the Squid Game website with additional queries but\u00a0didn\u2019t hear back\u00a0immediately.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/users-not-able-to-sell-squid-game-token-clocking-45-000-gains\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Users unable to sell Squid Game token clocking 45,000% gains &#8221; A new token,\u00a0Squid Game (SQUID), inspired by the eponymous Netflix show,\u00a0has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. \u201cWe have received multiple reports that the users are not&#8230;<\/p>\n","protected":false},"author":1,"featured_media":359771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvZjllODEzMTUtNGEwZS00NGNlLWJkMGYtMDAxZWQ3N2UwYmE2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,82962,74892,1377,71101],"class_list":["post-359770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-coinmarketcap","tag-tokens","tag-netflix","tag-scams"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/359770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=359770"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/359770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/359771"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=359770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=359770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=359770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}