Squid Game cryptocurrency ‘SQUID’ rises 2,400% in one day
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moneycontrol.comSouth Korean juggernaut ‘Squid Game’ now has its own brand of cryptocurrency that has gained 2,400 percent in 24 hours, to trade at $2.22, CNBC reported. Further, market capitalisation of the novelty token ‘SQUID’ is above $174 million.
As of 9.40 am on October 29, it was trading at $2.80 – jumping a further 1,014.50 percent, as per CoinMarketCap. Volume of trade over 24 hours was up 123 percent to $5,513,681.
The Korean-language Netflix death-game drama made headlines after it became the streaming platform’s most widely watched show ever. The crypto began pre-sale on October 20 and its whitepaper claims it sold out “in 1 second”.
Notably, CoinMarketCap has posted a notice for interested users about the token, stating that it “received
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