The Squid Game crypto token is all-set to take crypto investors for an exciting ride!

Netflix’s Korean-hit Squid Game is about a deadly tournament of adults playing children’s games in the hopes of winning a big cash prize, which is now a worldwide sensation. So much so that now it has a cryptocurrency of its own. The nine-episode show blew up on the OTT platform ever since its debut, and memes and merchandise soon followed afterward. Now, the show has its own brand of crypto, with an increasing price run-up.

According to coinmarketcap, the token is currently priced at US$5.95 and has surged up to 178.01% in the last 24 hours. The South-Korean death game drama was released on Netflix, and the pre-sale began on October 20.

So, what is this Squid Game token?

Squid is becoming popular for its ‘play-to-earn’ theme, where people buy tokens to play online games where they can earn more tokens. These can also be exchanged for other cryptocurrencies or fiat currencies. In the case of the SQUID, many buyers will be gamers looking to play in the online game of the program, which starts in November and will mimic the six rounds of games used in Squid Game, the original OTT series. However, there is no ‘death’ associated with it, in this version of the game.

To buy Squid game tokens, the buyers must first invest in one of the major cryptocurrencies like Bitcoin, or Ethereum. Then, they can the tokens from pancakswap.com, which is a popular decentralized exchange platform. The buyers will have to pay the present price to buy the tokens and to participate in the games. Even though the prices will surge more in the coming days, Squid game fanatics will stop at nothing. In some rounds, players also have to buy custom-made NFT tokens.

This series, currently, has a mass following globally. While, it might seem fine, but investors should always double-check. Coinmarketcap has already issued a warning that users have complained that the tokens cannot be re-sold on pancakswap.com.