Post
Topic
Board Altcoin Discussion
Re: SQUID GAMES TOKEN CRASHES
by
masulum
on 05/11/2021, 14:31:13 UTC
I bought 500 squid tokens for $0.12 yesterday, and its price has not returned to 0.12 until today.
Its project party has escaped, and its contract can no longer be modified. Now it is the retail investors themselves who are trading squid coins. I hope it can rise again.

It seems that you are expecting too much with tokens that have been abandoned by the developers to be able to rise again. If I as holders, may have cut my loss now before the token price dumps, rather than holding it, it will cost me even more. But, it's up to you, this is not financial advice, just if I own Squid.

There is only 1 way to bring this squid back, which is to do a relaunch and not from the old dev team. This means that whales and the community do a takeover by regenerating tokens with a service/product similar to squid and then giving airdrops to holders who buy before the team announces they are leaving the project. If this is done, squid becomes a community token and may be able to reactivate and secure investors' assets. On the other hand, if there is no developer, and there are still trades going on, I have negative thoughts. Well, I hope my thoughts are wrong.