Squid Game Token Crashes; Developers Say They’ve Left the Project
The developers behind a crypto project inspired by Netflix’s mega popular show “Squid Game” say they’ve left the project, as the price of its affiliated token crashed to nearly zero.The latest development shows just how risky it can be to invest in a new and hyped token in the crypto market.As CoinDesk reported last week, the pay-to-earn crypto project Squid Game gained instant popularity and the SQUID token rose by more than 35,000% in just three days – despite several red flags including grammatical and spelling errors in the project’s white paper and the fact that the project’s website was…