On the first day of squid trading, it rose from 0.00007 to 2800. The project party airdropped around 40,000 squid coins to many addresses, then blacklisted all these airdrop addresses, making them dead addresses (many of the top 1000 addresses with around 40,000 squid coins have not moved for over 3 years, which means they are the first batch of squid coin holders). At the beginning, squid coin could only be bought and not sold, which drove it up to 2800u, attracting people but completely cutting韭菜. That night, a live broadcast on YouTube led many people to buy squid coin, which instantly went to zero, causing a sensation. After cz learned about this that night, when the project party ran away, he woke up in the middle of the night and forcibly logged into squid coin to blacklist all the project party's addresses, then abandoned the squid coin contract authority.
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