A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.
The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able to withdraw the token on major decentralized exchange Pancakeswap.
“We have received multiple reports that the users are not able to sell this token in Pancakeswap. Please exercise caution while trading,” major crypto tracking website CoinMarketCap (CMC) noted in a warning about the SQUID token on its website.
According to CMC, Pancakeswap is the only market available for trading SQUID at the time of writing. The token
Read more on cointelegraph.com