Squid Game is Memecoin warning with wipeout after 230,000% gain | Curio

Squid Game is Memecoin warning with wipeout after 230,000% gain

7 mins | Nov 5, 2021

Is Squidcoin a harbinger of the future of meme currencies? So-called 'memecoins' surged as cryptocurrencies, leading to expectations of low risk and high returns. Squidcoin, inspired by the Netflix hit, was the latest sensation until its sudden plunge. Joanna Ossinger examines the story of this variation of crypto that every investor can learn from down the line.

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From Bloomberg

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