Welcome to a new information blog of buxgrowth in this blog you are going to read about squid Game Cryptocurrency Price In India
Squid Game, a South Korean drama that has recently gained popularity on Netflix, is now making waves in the cryptocurrency community as well.
The SQUID cryptocurrency, which the show has created, has astronomically rewarded investors with a power increase of up to 30,000% in just a few hours.
In less than 100 hours, the value of the digital currency increased by up to 34,285 percent, from $0.01236 on October 26 to $4.15 on October 29. At 2.45 IST on October 29, it has a market cap of $335 million. According to data from coinmarketcap.com, this token has increased investment from Rs 1,000 to Rs 3,43,850 in less than four days.
Experts have cautioned against using the token, nevertheless. “There have been numerous reports to us claiming that users are unable to sell this token on Pancakeswap.
The massive “Squid Game” company in South Korea now has its own cryptocurrency, known as the SQUID. The brand-new cryptocurrency, which was trading at $13.60 (Rs 977) on October 30, has increased by 300 percent during the last 24 hours, according to CoinMarketCap.
SQUID has previously increased 2,400% in a single day to trade at $2.22 on October 29, according to CNBC. The novelty token had a market value of more than $174 million.
According to CoinMarketCap, as of 9.40 am on October 29, it was trading at $2.80, up by a further 1,014.50 percent. Between October 28 and October 29, there was a 123 percent increase in trading volume, reaching $5,513,681.
The Korean-language Netflix death-game drama gained notoriety after being the most-watched program in the history of the service. The cryptocurrency’s pre-sale started on October 20 and according to its whitepaper, it sold out “in 1 second.”
Notably, CoinMarketCap has requested that interested users “exercise caution” when trading after receiving “several reports that users are unable to sell this token on Pancakeswap”.
Squid Game Cryptocurrency Price In India
Squid Game Cryptocurrency Price In India: Squid Game’s cost in India has increased during the last week by 0.64%. The cost dropped by 3.11% over the previous 24 hours. The cost dropped by 0.48% in the previous hour alone. Per SQUID, the price is currently $0.63. The all-time high of 232,862.29 is 100.00% below Squid Game’s current value.
How are Squid Game tokens purchased?
You must first invest in one of the most popular cryptocurrencies, such as Bitcoin, in order to purchase Squid Game. Pancakswap.com, a well-known decentralised exchange site, sells these tokens.
To play the games, you will need to purchase tokens at a predetermined cost, which, at the going rate, is not at all reasonable. Users may also need to purchase personalised NFTs in some rounds. You must pay 15,000, or $33,450, and buy an NFT in order to compete in the final round.
Do you want to buy Squid Game?
The Squid Game television series has a huge fan base everywhere. While everything is good, you should probably check again before hopping on the bandwagon. The CNBC report suggests that people considering buying cryptocurrency should proceed with care.
This is as a result of a warning that CoinMarketCap has made regarding this. According to the website, there have been “several reports,” users are unable to sell this token on Pancakeswap.
The white paper of the cryptocurrency does say that the developers have laid out an anti-dumping system that prevents users from selling their coins if certain requirements are not satisfied, albeit it is still unclear why certain users are unable to sell their tokens.
FAQS Regarding Squid Game Cryptocurrency Price In India
What is the current exchange rate for 100 SQUID and INR?
62.65 INR is the current value of 100 Squid Game. This implies that using the most recent SQUID to INR exchange rate—which was last updated on January 19, 2023 at 16:35 UTC—you can swap 100 Squid Games for 62.65 Indian Rupees.
What does the conversion of 100 SQUID to INR mean?
How much Indian Rupee is required to buy 100 SQUID is indicated by the Squid Game to the INR exchange rate. On CoinCodex, you can monitor the SQUID to INR exchange rates in real-time and enhance your technical analysis of this trading pair by using interactive charts and historical price data.
How can I exchange SQUID for INR?
Squid Game can be exchanged for Indian Rupees by selling SQUID on a cryptocurrency exchange for INR. Three exchanges presently offer Squid Game for trading. Jubi is the ideal tool for converting SQUID to INR. Click here to get a list of all the exchanges where Squid Game is traded.