The Coin Detective
Coins:
1980
Market cap:
$ 2424.96B
Volume 24h:
$ 113.12B
BTC dominance:
51.4%

Squid Game Is Memecoin Warning With Wipeout After 230,000% Gain

By bloomberg.com on November 1, 2021


Investors drawn to cryptocurrencies can be forgiven for having an expectation of high returns, especially lately. After all, even as the S&P 500 Index more than doubled in the past five years, Bitcoin rocketed more than 80-fold -- albeit with much of the rally occurring in the past year. “Memecoins” such as Dogecoin and Shiba Inu have also surged, often for no particular reason.

Go to bloomberg.com




Related coins: Memecoin