Squid Coin ignites countdown of four days
On the first day of trading, Squid rose from 0.00007 to 2800.
The project party airdropped about 40,000 Squid Coins to many addresses, then blacklisted all these airdrop addresses. Therefore, these airdrop addresses are dead addresses (many of the top 1000 addresses with around 40,000 Squid Coins have not moved for over 3 years, that is, the first batch of Squid investors).
At first, Squid Coin could only be bought but not sold, which pulled it to 2800u, attracting people and completely harvesting them.
That night, a live stream on YouTube led many people to buy Squid Coin, which instantly went to zero, causing a sensation.
That night, after cz learned about this, when the project party ran away, he got up in the middle of the night, forcibly logged into Squid Coin to operate and blacklisted all the project party's addresses, then abandoned the rights to the Squid Coin contract.