{"id":145713,"date":"2024-12-29T21:00:00","date_gmt":"2024-12-29T19:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145713"},"modified":"2024-12-29T22:18:45","modified_gmt":"2024-12-29T20:18:45","slug":"squid-game-releases-season-2-fake-tokens-flood-the-market-agani","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/squid-game-releases-season-2-fake-tokens-flood-the-market-agani\/","title":{"rendered":"Squid Game Releases Season 2 \u2013 Fake Tokens Flood the Market Again"},"content":{"rendered":"<p>However, caution is advised as many of these tokens are suspected to be scams or \u201crug pulls.\u201d<\/p>\n<p>Squid Game follows a group of financially desperate contestants who risk their lives in a deadly competition for a substantial cash prize. As the show gained renewed attention, tokens bearing the same name quickly <strong><a href=\"https:\/\/dexscreener.com\/search?q=squid+game\" rel=\"nofollow\">emerged<\/a> <\/strong>on various crypto exchanges. While the characters in the show stand to win big, those investing in these new Squid Game tokens may face much less favorable odds.<\/p>\n<p>Blockchain security firm PeckShield <strong><a href=\"https:\/\/x.com\/PeckShieldAlert\/status\/1872574176793694509\" rel=\"nofollow\">issued<\/a> <\/strong>a warning on December 27, identifying several Squid Game tokens as fraudulent. They highlighted a specific token on the Base network, where the creator holds the majority of the supply, and the token\u2019s value plummeted by 99% soon after its launch. Similar suspicious tokens have also appeared on the Solana network. A Twitter account promoting a Squid Game-themed token raised red flags, with a community member noting that the top token holders shared identical addresses, suggesting a coordinated effort to potentially \u201cdump\u201d the tokens once others purchase them.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-145702\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This is not the first time Squid Game has been linked to dubious crypto projects. In 2021, the initial season of the show inspired a token that saw a dramatic price increase of over 45,000%. However, this spike was followed by suspicions of foul play, as many users found themselves unable to sell their tokens on decentralized exchanges, leading to accusations of a \u201crug pull.\u201d At the time, CoinMarketCap issued a warning, confirming that transactions were blocked on PancakeSwap, the platform hosting the token.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the release of the second season of Netflix&#8217;s hit show Squid Game on December 26, a flood of crypto tokens inspired by the series has surged onto the market.<\/p>\n","protected":false},"author":7,"featured_media":46970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,108,266],"coin_category":[],"class_list":["post-145713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-price","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Squid Game Releases Season 2 \u2013 Fake Tokens Flood the Market Again<\/title>\n<meta name=\"description\" content=\"With the release of the second season of Netflix&#039;s hit show Squid Game on December 26, a flood of crypto tokens inspired by the series has...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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