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Squid Crypto Crash Should Serve as Warning, Experts Say


The recent crash of the cryptocurrency Squid illustrates the need for investors to exercise caution when considering new altcoins, industry analysts said Tuesday.

Squid, inspired by the Netflix series “Squid Game”, began trading early last week at a price of just one penny per token, according to a New York Times report.

The cryptocurrency’s value skyrocketed from $628.33 to $2,856.65 before plummeting a short time later and trading at $0.0007. More than 40,000 people still held the token after the crash.





Read More : Squid Crypto Crash Should Serve as Warning, Experts Say

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