Squid Game Or Scam Game - Token Loses All It's Value

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(Edited)

A Token which it got it's name from the popular Korean series SQUID GAME has lost almost all of its value as it was revealed to be an apparent scam

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Image from Pixabay

Nowadays almost everything is tokenized! Many really can't differentiate the real owners of the tokens and many has fall victim of the latest squid scam.

Squid's game is one of the most of the most watched movie on netflix and many looked to take advantage of that.

Just like many tokens,it was created for the public and many were interested in it. The nature of the scam was a known Rug pull.

According to BBC News

Squid was billed as a token that could be used for a new online game inspired by the Netflix series - which tells the story of a group of people forced to play deadly children's games for money. The game was due to go live this month.
However, cryptocurrency experts had warned of several tell-tale signs that it was likely to be a scam.
Most telling was that people who bought Squid tokens were unable to sell them.
Critics also highlighted that its website contained many spelling mistakes and grammatical errors. The website is no longer online and social media accounts promoting the tokens have also vanished.

While there are many more information about the scam,this in my opinion doesn't look good for the crypto community because it means you could be buying coins from just anyone.

For more information you can read;
Source : Squid Game crypto token collapses in apparent scam

THANKS FOR READING

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5 comments
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Hey buddy,

Spinning articles in this manner is plagiarism.

You've obviously copy/pasted this BBC article into a text spinner.

Except now it doesn't even make sense.

"Play-to-acquire" digital money

Seriously?

The fact you didn't even edit out the text which was links to other BBC articles and just made them random headings is horrendously bad:

Squid Game Digital Token Rockets in Esteem
Chinese watchers hammer 'copycat' Squid Game show

Dodgy.

Do better.

Posted Using LeoFinance Beta

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(Edited)

It's really bad on my part, I have edited the post,citing the source of the information.
Thanks alot for the correction.

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This is how you can trash your reputation in two seconds.

Posted Using LeoFinance Beta

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I'm sorry, I hope I get a second chances,I know i can't take back the past,but i promise to not do it again.

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You know, I've been watching you for awhile, as you seemed different and wanted to see how you evolve, I though I would support you. And now this has happened.

It's nice of you to promise not to do it again, the problem is I have lost trust. I've seen this so many times in almost four years that I'm really cautious so I'm not going to vote you, that's for sure.

The most precious thing you can have in here is your reputation and I'm not talking about the number next to your name.

Good luck though, you'll need it.

Posted Using LeoFinance Beta

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