As InvestorPlace’s Brenden Rearick predicted, though, SQUID’s gains turned to be “far too good to be true.” Like Queen Elizabeth Inu, the token quickly surged in value. When hit Netflix (NASDAQ: NFLX) series Squid Game captured the world’s fascination in late 2021, opportunist developers quickly launched a token to cash in on the hype. It’s true that the rise of Queen Elizabeth cryptos calls to mind the Squid Game ( SQUID- USD) crypto phenomenon. “It’s worth noting that both Queen Elizabeth Inu and Elizabeth have just $17,000 and $204,000 worth of liquidity behind them, indicating a lack of serious backing behind and a potential for short-lived pump and dump, similar to the infamous Squid Games token that crashed and burned in October last year.” However, the outlet explains that these cryptos lack any real liquidity: Citing data from Dex Screener, CoinTelegraph reports that Queen Elizabeth Inu recently spiked more than 28,500%, reaching $0.00008 per token. Some of these Queen Elizabeth cryptos have also even performed well in their limited lifespan. The growing list includes names like Queen Elizabeth Inu, Save the Queen, QueenDoge, Rip Queen Elizabeth and London Bridge is Down.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |