According to CCTV news: The cryptocurrency named after the popular web drama (Squid Game) has recently collapsed, with the price skyrocketing from $0.01 at issuance to a peak of $2861.8, rising hundreds of thousands of times, then plummeting to less than $0.001 in just 5 minutes. Millions of dollars in market cap evaporated instantly. Analysts believe this is a typical 'rug pull' scam. This was CCTV news in 2021 when Squid Game was the most popular web drama globally and also the most notorious cryptocurrency.
Today's wealth code, Squid Coin SQUID, is making a comeback after three years. This time, Netflix has spent $500 million to create Squid Game 2, and the cast list is out! Popular star Kim Soo-hyun joins the main cast, playing a character involved in cryptocurrency, likely reflecting the collapse of cryptocurrency investments on YouTube live, very much like how Squid initially was.
In fact, many influencers have put out slogans like this: 'CCTV has only said that Bitcoin, Ethereum, Dogecoin, Shitcoin, and Squid Coin are scams.' Although some influencers are just making light of it, the influence of these big names should not be underestimated.
Squid token, borrowed from one of the most popular web dramas of 2021 (Squid Game), however, before the incident, they were not the only 'proxy token' for (Squid Game) on the internet. On the contrary, it was precisely because the developer named after (Squid Game) ran away that it gained exposure, and the Squid token (SQUID) began to be recognized as the authentic token of (Squid Game). The running away became the starting point for 'decentralization' and 'community,' hence the so-called 'running away concept Token.'
But from another perspective, whether it's Dogecoin, SHIB, or Squid, the greater cohesion still lies in its 'money-making effect.' The running away of Squid led to decentralization and community autonomy; media coverage brought enormous visibility; combined with the money-making effect of pumping.
After the wave brought by the popularity of SHIB and other memes, more and more tokens are marketing themselves frantically under the banner of memes, while neglecting the effective refinement of community culture and meme culture. 'Interesting' is fading away, replaced by 'madness.'
If you think you have a certain risk tolerance, then you can try some high-profit, high-risk projects. If your stress tolerance is poor, then don’t take risks. Don’t be envious of how much others have earned; this will only make you more anxious and impatient. Money outside your understanding is hard to earn.
Recently, Squid Coin indeed seems to have the intention to break out, as Squid Game 2 is about to be released, built with a huge investment of $500 million.
CCTV has only reported on five tokens, and the first four are currently in the top ten by market cap: Bitcoin BTC, Ethereum ETH, Dogecoin DOGE, Shiba Inu SHIB, and now Squid SQUID.
I suddenly realized I need no wealth code. CCTV is the most direct source of wealth codes; no one can beat the king of calls.
When BTC was at $200, you told me it was a Ponzi scheme. I obediently cleared my position, and now it's $90,000.
When ETH fell from $1300 to $150, you told me not to chase the capitalists' harvesting game. I sold everything, and now it's $3000.
When DOGE rose from $0.0025 to $0.05, that was a 20-fold increase. You told me to be wary of risks and not to become the last person holding the bag for Dogecoin. Now it's $0.3.
When SHIB initially had 10 zeros in front of its price, you said meme tokens were tools for harvesting retail investors. Now there are only 4 zeros in front of SHIB's price.
SQUID price is $0.00007. You say this is a scam, with huge risks. Should I believe now, or should I believe now, or should I believe now?
Are you really exposing a scam, or are you quietly giving me the wealth code? I can’t tell the difference anymore.
Who is the strongest in calling and bringing goods? Calling these five coins is enough to crown the king of calls.
Some netizens have set a ten-level game goal for Squid Coin, purely for entertainment.
Level One
Founder ran away ✓
Level Two
Community autonomy ✓
Level Three
Heat is rising again ✓
Level Four
Listed on secondary exchanges.
Level Five
Listed on top-tier exchanges.
Level Six
Market cap enters the top 100.
Level Seven
Market cap enters the top 50.
Level Eight
Market cap enters the top 10.
Level Nine
Market cap exceeds SHIB.
Level Ten
Dogfish Battle
At this stage of the market, everyone is very anxious. In fact, anxiety is something we create for ourselves.
For instance, those who are fully invested are very anxious right now.
Instead of focusing on the present, focus on the future, and you won't have this concern. In these past 40 days, whether it rises or not, even if it goes up, I won't take out the position in my cold wallet to mess around.
If you are truly anxious, learn to reduce your position. Your mentality can determine your position, and your position can also determine your mentality. When your mindset is unstable, you can naturally adjust through your position.
For instance, those who are currently out of the market are very anxious.
The reason for anxiety is simply the worry that Bitcoin will continue to surge by the end of the year, having missed the boat until now, hoping for a drop. But Bitcoin has been fluctuating around $90,000 for several days, so anxiety begins, fearing it won't drop.
Still the same saying, really too anxious, just change the position a bit. When your position is large, you will find that you no longer worry about it dropping, but start worrying about it not rising.
You always want to control the future, yet you don't know that the future is always unpredictable.
Most of the time, you can only hedge to avoid and embrace the risks that the future brings.
That kind of all-in play is not for those who are anxious to the point of losing sleep at night. This kind of play belongs to hardcore players with strong mental fortitude.
The core of Dogecoin may be 'nonsensical jokes'; in recent years, it may represent another incarnation of the cute dog in meme formats. In the Musk era, it might have become a national pastime of 'Musk and his dog' remixes. Regardless, it revolves around fun and playfulness. Fun and playfulness serve as the best promotion for a Meme token. Dogecoin, born in 2013, is one of the oldest tokens in the cryptocurrency market. Although participants who entered at different times may have different feelings about Dogecoin, its underlying culture has experienced long-term sedimentation and accumulation, which is why its consensus is so strong.
To some extent, SHIB is a knockoff version of Dogecoin. It was airdropped to Vitalik's wallet, and he donated SHIB worth $1 billion to Indian protests, resulting in a similar reversal effect. Although there was a short-term crash, due to the moral component added to the MEME culture, it even sparked nationwide enthusiasm in India (monks wanted to buy SHIB), reaching new highs and even surpassing Dogecoin.
Most Squid Coins are just for harvesting retail investors, and none have survived for more than a year. The old Squid Coin not only survived the three-year bear market low (the original owner ran away, and the address was blocked by CZ, with a large number of holding addresses being dead addresses), but the community took over governance, revitalized under the encouragement of the community team.
The old Squid Coin has 100,000 holders, a well-established community, a website, and has been listed on two major exchanges. The key is that there is also a large group of dedicated people working tirelessly for the development of old Squid Coin, donating funds and providing strategies for the development of the Squid community. How can you not love such a lovely group of people? The Squid community welcomes your joining, contract ending in 9bc5.
Moreover, Sun has been one of the top 30 holding addresses for the old Squid Coin. You may not believe in Sun's character, but you cannot deny his vision.
Recognize the contract ending in 9bc5#Squid #Squid2 #squidgame #“圣诞老人行情”再现