Cryptocurrency Q&A
What happened to Netflix's 'squid game' cryptocurrency?
What happened to Netflix's 'squid game' cryptocurrency?
Valentino
Mon Jul 15 2024
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7 answers
1646
I've been hearing whispers about a cryptocurrency tied to Netflix's hit show 'Squid Game.' But the recent developments seem murky at best. What exactly happened to this cryptocurrency? Did it surge in value as anticipated? Or did it become a victim of a pump-and-dump scheme? Did Netflix itself have any involvement or endorsement? And what implications does this have for the future of cryptocurrency tie-ins with popular culture? I'm keen to understand the intricacies of this fascinating, yet potentially volatile, intersection between entertainment and finance.
7 answers
Caterina
Wed Jul 17 2024
In a matter of hours, the value of Squid plummeted to nearly zero, leaving investors with massive losses.
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CryptoPioneer
Wed Jul 17 2024
The cryptocurrency market has witnessed a stunning turn of events recently, with investors losing millions in a blink of an eye.
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CryptoEnthusiast
Wed Jul 17 2024
The cryptocurrency, which started trading early last week at just one penny per token, had promised high returns and attracted many speculators.
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TaekwondoMasterStrength
Wed Jul 17 2024
However, its volatile nature and lack of sustainable value proved fatal for those who invested in it.
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Riccardo
Wed Jul 17 2024
The culprit was a new digital currency named Squid, inspired by the popular Netflix series "Squid Game."
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