SQUID token up 600% today despite debacle and Binance investigation
Cointelegraph
Published Nov 03, 2021 10:34PM ET
Updated Nov 04, 2021 12:20AM ET
The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago.
The Binance Smart Chain-based gaming token SQUID is suspected to be an exit scam or rug pull according to the exchange. Despite this, some extremely optimistic users are still buying the token in hope of a resurrection, with the price surging six fold in the past 24 hours.
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Written By: Cointelegraph
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