The post Squid Game Token on Base Blockchain Loses 99% Value: Investors Beware appeared first on Coinpedia Fintech News
PeckShield has reported a token that manipulates the ‘Squid Game’ name, utilised in a recent launch on the Base blockchain. In this case, the token has lost 99% of its value as soon as the coin started, and many investors lost significant amounts of money. This must be the hand of the deployer, the largest holder in this fraudulent scheme. Investors are encouraged to be very careful and check the authenticity of tokens before engaging themselves in a crypto deal.