Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious.
According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Nov. 1, erasing its entire gains from as much as $2,861 and dropping below $1 in a matter of minutes.
At the time of writing, SQUID is trading at $0.0054, down about 99% over the past 24 hours with a trading volume of $13 million.
According to CMC, the SQUID token has a “self-reported” market capitalization of $2.8 million at the time of publication. “The CMC team has not verified the project’s market cap,” CMC’s warning reads. The token’s fully-diluted market cap is
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