Squid game token draws its origin from Squid Game- a dystopian series about a group of people playing deadly children’s games for a prize. It would be required to play an online replica of the Squid Game. However, it has no official affiliation with the show’s production company- Netflix.
What is Squid Game Token?
Squid Game Token is a play-to-earn crypto adaptation of Netflix’s Squid Game. The Squid Game Token presale was launched on the 21st of October with the symbol $SGT. However, the squid game token airdrop wasn’t held. It is currently ranked #3407 on CoinMarketCap. Also, the circulating supply is not available, with a max. supply of 100 quadrillion SGT coins but there’s currently no live market cap. It would reward holders on every transaction automatically.
How does it operate?
Their are two cores to the operation of the token; playing the game and holding the token. Holders are ensured gains in ETH if they play the games and hold their share of the token dearly. It parodies its namesake’s tournament online with six rounds of games and no deadly consequences. Once the game is released, playing the game is your doorway the star prize of ETH stored in the game’s vault. Other ways to profit includethrough new ads, games, and daily automatic ETH earning. Participation in the game is dependent on your holding capacity.
Of the one quadrillion $SGT coins, 7% fee rewards will go to holders in the form of dividends paid automatically in ETH for just holding. Likewise, a 4% fee will go to the marketing wallet to cater for future marketing and advertising to attract new investors and holders. There will be two 5% wallets making up the reserve for automatic game distribution. To maintain price action, 4% of every transaction will be allocated to the liquidity pool.
Why is this important?
Avid followers of the TV series may find it exciting to experience an online version of the game while earning in the process.
What’s the future of Squid Game Token?
So far, it is in the fourth phase of its development, having launched the Squid Game Token. The following phase would involve multiple advertisements, charity, security audits, and exchange listing, among others.
How to purchase SGT
Squid Game Token can currently be bought on PancakeSwap, SokuSwap, 1inch, ApeSwap, and BakerySwap. To purchase on DEX, you need the contract address of the token. Squid Game Token contract address is 0x440Fc7DA66e34e01af5201BdF5815739B0Ae743f. Squid Game Token website is www.tokensquidgame.com
Why should you invest in SGT?
If the developers’ claims are true, then the return on investment would be higher than the risk. Investing early would be great. Whether squid game token is a scam can not be emphatically answered until the project is fully developed.
Price predictions 2021-2022
The Squid Game Token poocoin chart above shows an upward price movement. The Squid GameToken price is $0.000082 with a 24-hour trading volume of $743,230. Price forecast shows that the price of SGT is expected to reach an average price of $0.00014754, and the range will be between $0.00014363 and $0.00016551.
If you are familiar with AXS and other play-to-earn crypto assets, you may want to add this to your portfolio. However, do your research before investing in any asset.