Cryptocurrency based on “Games in Squid” collapsed to zero

Cryptovaluity costs called Squid (Kalmar), created by the motifs of the Netflix series “Game in Squid”, fell almost to zero. This is evidenced by the CoinMarketCap portal data.

At the same time, last week the price of the tokeny increased by about 70 times: October 27 at 12:10 A single Squid token could be purchased for $ 0.06, and besides, on October 29, the currency has risen up to $ 4.2. In the afternoon of November 1, the cost of one coin took off to a record 2857 dollars, after which it collapsed by 99.9 percent. Now its price is about 0.003574 dollars.

Squid released the creators of the series as an exclusive coin for playing the show. The preds of the tokens opened on October 20. An online competition will begin in November and will consist of six rounds. Unlike the show, the amount of the final prize is not predetermined, and the number of participants is not limited. To participate in each of the rounds from users will charge the fee, which will increase as the final approach. To join the game, you need to pay 456 tokens. In the last round of the participants will oblige to pay 15 thousand tokens and buy one of the proposed NFT-tokenes.

Currently, the site and social networking networks are not available.

/Media reports.