💀 Rugpull Alert: The Squid Game Token Scam 🦑
Back in 2021, a crypto token named SQUID launched—riding the hype of the Netflix series Squid Game.
The project went viral. Major media outlets picked it up.
The price exploded from a few dollars to $2,800+ in no time.
🚨 But here's the twist...
When investors tried to sell their tokens, they were blocked.
Just like that — the devs vanished, the website was gone, socials deleted.
Over $3 million was stolen in what became one of the most talked-about rugpulls in crypto history.
🎯 What You Should Learn:
Just because a coin is trending doesn’t mean it’s safe.
The SQUID token had zero connection to Netflix. It was pure hype, no substance.
Always DYOR (Do Your Own Research) — don’t follow the crowd blindly.
🔐 How To Stay Safe in Crypto:
Avoid FOMO. If it’s pumping too fast, that’s a red flag.
Check if the token is verified on CoinMarketCap / CoinGecko.
Don’t invest in tokens that restrict selling or lack liquidity transparency.
If it sounds too good to be true... it usually is.
📌 Let this be your reminder: In crypto, hype can make you rich — but it can also wreck you.
React with ❤️
On 50+ Reactions, we will share more stories like this.
Back in 2021, a crypto token named SQUID launched—riding the hype of the Netflix series Squid Game.
The project went viral. Major media outlets picked it up.
The price exploded from a few dollars to $2,800+ in no time.
🚨 But here's the twist...
When investors tried to sell their tokens, they were blocked.
Just like that — the devs vanished, the website was gone, socials deleted.
Over $3 million was stolen in what became one of the most talked-about rugpulls in crypto history.
🎯 What You Should Learn:
Just because a coin is trending doesn’t mean it’s safe.
The SQUID token had zero connection to Netflix. It was pure hype, no substance.
Always DYOR (Do Your Own Research) — don’t follow the crowd blindly.
🔐 How To Stay Safe in Crypto:
Avoid FOMO. If it’s pumping too fast, that’s a red flag.
Check if the token is verified on CoinMarketCap / CoinGecko.
Don’t invest in tokens that restrict selling or lack liquidity transparency.
If it sounds too good to be true... it usually is.
📌 Let this be your reminder: In crypto, hype can make you rich — but it can also wreck you.
React with ❤️
On 50+ Reactions, we will share more stories like this.
❤45
🚨 Crypto Myth: “A Coin Listed on a Big Exchange = Safe & Profitable Investment” ❌
Many new investors believe:
“Yeh token ab Binance, Coinbase, or KuCoin pe list ho gaya… ab toh confirm moon 🚀!”
But let’s reveal some hard-hitting truths with examples 👇
🔍 Truth: Listing ≠ Strong Fundamentals
Many coins pump at the time of listing, but dump hard afterward.
📉 Examples (Check the charts):
1️⃣ Internet Computer (ICP)
🔹 Listed on Coinbase & Binance in May 2021
🔹 All-time high: ~$700
🔻 Now: ~$4.8
👉 Lost over 99% value
👉 Hype + no real adoption = crash
2️⃣ Terra (LUNA Classic)
🔹 Was listed on all top exchanges
🔹 Market cap was $40B+ at peak
🔻 Crashed to near zero in May 2022
👉 Due to UST depeg & flawed stablecoin model
3️⃣ AMP (on Coinbase)
🔹 Listed with much hype in 2021
🔻 Now down ~95%+ from ATH
👉 Project failed to gain adoption
4️⃣ SafeMoon (CEX listings: BitMart, Gate.io)
🔻 From hype to collapse.
👉 Dev wallet drama, liquidity trap, no use-case
🧠 Key Lesson for You:
Exchange listing can bring short-term pump
❌ But it can’t save weak projects from long-term dump
Always research:
Tokenomics
Use-case
Developer activity
Community strength
📌 Don’t let CEX listings fool you. Let data speak.
🛡️ Be an informed investor, not a victim of listing-based FOMO.
Because whales pump & dump. Retail bleeds.
React with ❤️ if you understood something new.
Many new investors believe:
“Yeh token ab Binance, Coinbase, or KuCoin pe list ho gaya… ab toh confirm moon 🚀!”
But let’s reveal some hard-hitting truths with examples 👇
🔍 Truth: Listing ≠ Strong Fundamentals
Many coins pump at the time of listing, but dump hard afterward.
📉 Examples (Check the charts):
1️⃣ Internet Computer (ICP)
🔹 Listed on Coinbase & Binance in May 2021
🔹 All-time high: ~$700
🔻 Now: ~$4.8
👉 Lost over 99% value
👉 Hype + no real adoption = crash
2️⃣ Terra (LUNA Classic)
🔹 Was listed on all top exchanges
🔹 Market cap was $40B+ at peak
🔻 Crashed to near zero in May 2022
👉 Due to UST depeg & flawed stablecoin model
3️⃣ AMP (on Coinbase)
🔹 Listed with much hype in 2021
🔻 Now down ~95%+ from ATH
👉 Project failed to gain adoption
4️⃣ SafeMoon (CEX listings: BitMart, Gate.io)
🔻 From hype to collapse.
👉 Dev wallet drama, liquidity trap, no use-case
🧠 Key Lesson for You:
Exchange listing can bring short-term pump
❌ But it can’t save weak projects from long-term dump
Always research:
Tokenomics
Use-case
Developer activity
Community strength
📌 Don’t let CEX listings fool you. Let data speak.
🛡️ Be an informed investor, not a victim of listing-based FOMO.
Because whales pump & dump. Retail bleeds.
React with ❤️ if you understood something new.
❤21👏1
Crypto Community Trading/Investing
🚨 Crypto Myth: “A Coin Listed on a Big Exchange = Safe & Profitable Investment” ❌ Many new investors believe: “Yeh token ab Binance, Coinbase, or KuCoin pe list ho gaya… ab toh confirm moon 🚀!” But let’s reveal some hard-hitting truths with examples 👇 🔍…
Imagine you invested 1200 dollars ~ 1,00,000 inr or let say you bought 2 icp coin in 2021
And now they became only 1000 inr.
How scary 😨 it is without knowledge
And now they became only 1000 inr.
How scary 😨 it is without knowledge
Crypto Community Trading/Investing
💀 Rugpull Alert: The Squid Game Token Scam 🦑 Back in 2021, a crypto token named SQUID launched—riding the hype of the Netflix series Squid Game. The project went viral. Major media outlets picked it up. The price exploded from a few dollars to $2,800+…
Next scam story is 🔜 ready
But but we are still waiting for total 50+ reactions...
But but we are still waiting for total 50+ reactions...
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What type of content you want to get from us ? (You can choose more than 1 option )
Anonymous Poll
23%
Crypto myths
18%
Crypto past history scams
67%
Fundamental educational learning
64%
Signals for trading and investing
❤6
🏦 What is CEX vs DEX? (For Beginners)
There are 2 main ways to trade crypto:
🔹 CEX = Centralized Exchange
🔸 DEX = Decentralized Exchange
🔹 CEX (Example: Coindcx)
Works like a bank or stock broker
You sign up with KYC
You don’t own the private keys
The exchange holds your crypto
Easy to use, beginner-friendly
But if the exchange is hacked or shuts down — your crypto is at risk ❌
Real-world example:
Like keeping money in a bank — safe but not fully in your control.
🔸 DEX (Examples: Uniswap, PancakeSwap)
No account, no KYC needed
You connect your own wallet (like MetaMask)
You own the keys and full control
No middleman — just peer-to-peer trades
Requires basic understanding ❗
Real-world example:
Like directly exchanging cash with someone — no third party, but you’re fully responsible.
CEX = Easy but controlled
DEX = Powerful but self-managed
Both have pros and cons.
As a beginner, start with CEX
but learn DEX if you want true control over your crypto 🔐
💡 React if this cleared your doubt on exchanges!
There are 2 main ways to trade crypto:
🔹 CEX = Centralized Exchange
🔸 DEX = Decentralized Exchange
🔹 CEX (Example: Coindcx)
Works like a bank or stock broker
You sign up with KYC
You don’t own the private keys
The exchange holds your crypto
Easy to use, beginner-friendly
But if the exchange is hacked or shuts down — your crypto is at risk ❌
Real-world example:
Like keeping money in a bank — safe but not fully in your control.
🔸 DEX (Examples: Uniswap, PancakeSwap)
No account, no KYC needed
You connect your own wallet (like MetaMask)
You own the keys and full control
No middleman — just peer-to-peer trades
Requires basic understanding ❗
Real-world example:
Like directly exchanging cash with someone — no third party, but you’re fully responsible.
CEX = Easy but controlled
DEX = Powerful but self-managed
Both have pros and cons.
As a beginner, start with CEX
but learn DEX if you want true control over your crypto 🔐
💡 React if this cleared your doubt on exchanges!
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🔑 What is Self-Custody? (Explained for beginners)
Self-custody means YOU control your crypto, not an exchange or third party.
You hold your own private key or seed phrase, and only YOU can access or move your funds.
🏦 CEX vs Self-Custody
On CEX (like Coindcx):
🔸 They control your keys = They control your crypto
🔸 If platform is hacked or blocks withdrawals — you may lose funds 😨
With Self-Custody:
You use wallets like MetaMask, Trust Wallet, Ledger
You hold your private keys
Only YOU can access your funds
More freedom, more responsibility
🔐 Real-World Example:
Imagine a bank locker.
In CEX – The bank holds the keys, you just have access.
In Self-Custody – You hold the keys to your own locker. 🔑
No one can open it unless you allow.
🚨 Warning: If you lose your private key or seed phrase, there’s no reset button. Your crypto is lost forever.
So always: Store it offline
Never share with anyone
Never save on cloud/email
💡 React if this post helped you understand self-custody
Self-custody means YOU control your crypto, not an exchange or third party.
You hold your own private key or seed phrase, and only YOU can access or move your funds.
🏦 CEX vs Self-Custody
On CEX (like Coindcx):
🔸 They control your keys = They control your crypto
🔸 If platform is hacked or blocks withdrawals — you may lose funds 😨
With Self-Custody:
You use wallets like MetaMask, Trust Wallet, Ledger
You hold your private keys
Only YOU can access your funds
More freedom, more responsibility
🔐 Real-World Example:
Imagine a bank locker.
In CEX – The bank holds the keys, you just have access.
In Self-Custody – You hold the keys to your own locker. 🔑
No one can open it unless you allow.
🚨 Warning: If you lose your private key or seed phrase, there’s no reset button. Your crypto is lost forever.
So always: Store it offline
Never share with anyone
Never save on cloud/email
💡 React if this post helped you understand self-custody
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Can a lost private key be recovered ?
Anonymous Poll
10%
Yes using wallet
10%
Yes, via OTP
74%
No, it's gone forever
7%
Contact support
🎯 Crypto Myth: “If the Project Has a Big Number of Followers, It Must Be Legit!” 🤯
Many beginners say:
“Arrey bhai, Twitter pe 1 million followers hain! Surely safe project hai.”
But follower count ≠ project quality.
Let me break it down 👇
🔍 Truth: Followers Can Be Bought. Hype Can Be Manufactured.
Many scam or weak projects use:
⚠️ Fake followers
⚠️ Paid influencers
⚠️ Airdrop bots
⚠️ Engagement farms
They create the illusion of being popular — but there’s no real community, no real users, no real product.
📉 Once they get enough buyers →
They dump the token → Exit the project → Community gets rekt.
📉 Real Examples:
1️⃣ BitConnect (2017)
🔹 Massive social hype
🔹 Top YouTubers promoted it
🔻 Turned out to be a Ponzi scheme → Shut down
👉 Thousands lost money
2️⃣ DeFi100 (2021)
🔹 Fancy website, thousands of followers
🔻 Rug pulled investors and even mocked them in a deleted website message.
3️⃣ SQUID Token (inspired by Squid Game)
🔹 Viral social media buzz
🔹 Traded on PancakeSwap
🔻 Devs disabled selling → Rug pulled investors → Token dropped from $2,800 to near-zero
💡 How to Verify a Real Community?
Check engagement (comments, not just likes)
Visit their Telegram/Discord – are users real or bots?
See if team interacts genuinely
Look at GitHub activity, not just Twitter hype
📌 Lesson:
Don’t fall for big numbers.
Fall for big value. 💎
Many beginners say:
“Arrey bhai, Twitter pe 1 million followers hain! Surely safe project hai.”
But follower count ≠ project quality.
Let me break it down 👇
🔍 Truth: Followers Can Be Bought. Hype Can Be Manufactured.
Many scam or weak projects use:
⚠️ Fake followers
⚠️ Paid influencers
⚠️ Airdrop bots
⚠️ Engagement farms
They create the illusion of being popular — but there’s no real community, no real users, no real product.
📉 Once they get enough buyers →
They dump the token → Exit the project → Community gets rekt.
📉 Real Examples:
1️⃣ BitConnect (2017)
🔹 Massive social hype
🔹 Top YouTubers promoted it
🔻 Turned out to be a Ponzi scheme → Shut down
👉 Thousands lost money
2️⃣ DeFi100 (2021)
🔹 Fancy website, thousands of followers
🔻 Rug pulled investors and even mocked them in a deleted website message.
3️⃣ SQUID Token (inspired by Squid Game)
🔹 Viral social media buzz
🔹 Traded on PancakeSwap
🔻 Devs disabled selling → Rug pulled investors → Token dropped from $2,800 to near-zero
💡 How to Verify a Real Community?
Check engagement (comments, not just likes)
Visit their Telegram/Discord – are users real or bots?
See if team interacts genuinely
Look at GitHub activity, not just Twitter hype
📌 Lesson:
Don’t fall for big numbers.
Fall for big value. 💎
❤8
Are you comfortable in understanding posts in ?
Anonymous Poll
57%
English
27%
Hindi
34%
Hinglish ( whatsapp language )
❤3
💣 The OneCoin Scam – Biggest Crypto Fraud You’ve Never Heard Of
Let’s go back to 2014.
A woman named Dr. RujaIgnatova appeared on global stages wearing a business suit and speaking fluent English.
She called herself the "Crypto Queen" and launched a project called OneCoin.
She promised:
“OneCoin is the next Bitcoin. Buy now and you’ll be rich.”
People believed her. Massive seminars were held in Europe, India, Africa — and lakhs of people started investing.
Within just 2–3 years, the company claimed to raise over $4.4 billion from regular people.
But here’s the shocking truth:
❌ There was no real blockchain.
❌ No cryptocurrency existed behind the scenes.
❌ The price shown on their app was fake — manually controlled.
❌ Everything was a Ponzi scheme.
People only made money if they referred more people — like a pyramid.
And when new people stopped joining, the scam collapsed.
In 2017, just before she was about to get exposed, Ruja disappeared.
She’s been missing ever since. Her brother was arrested and confessed everything.
The FBI now lists her as one of the top 10 most wanted fugitives.
📌 What You Must Learn:
Never invest in a project just because someone speaks well or wears a suit.
A real crypto project must have a working blockchain, real code, and public transparency.
If income depends on referring others, it’s likely a scam.
🚫 OneCoin ruined the lives of lakhs of innocent people.
Let this story be a warning — in crypto, not everything shiny is gold.
React with ❤️ if you learnt something new.
Let’s go back to 2014.
A woman named Dr. RujaIgnatova appeared on global stages wearing a business suit and speaking fluent English.
She called herself the "Crypto Queen" and launched a project called OneCoin.
She promised:
“OneCoin is the next Bitcoin. Buy now and you’ll be rich.”
People believed her. Massive seminars were held in Europe, India, Africa — and lakhs of people started investing.
Within just 2–3 years, the company claimed to raise over $4.4 billion from regular people.
But here’s the shocking truth:
❌ There was no real blockchain.
❌ No cryptocurrency existed behind the scenes.
❌ The price shown on their app was fake — manually controlled.
❌ Everything was a Ponzi scheme.
People only made money if they referred more people — like a pyramid.
And when new people stopped joining, the scam collapsed.
In 2017, just before she was about to get exposed, Ruja disappeared.
She’s been missing ever since. Her brother was arrested and confessed everything.
The FBI now lists her as one of the top 10 most wanted fugitives.
📌 What You Must Learn:
Never invest in a project just because someone speaks well or wears a suit.
A real crypto project must have a working blockchain, real code, and public transparency.
If income depends on referring others, it’s likely a scam.
🚫 OneCoin ruined the lives of lakhs of innocent people.
Let this story be a warning — in crypto, not everything shiny is gold.
React with ❤️ if you learnt something new.
❤12👍3
Crypto Community Trading/Investing
Can a lost private key be recovered ?
Don't miss out to vote in poll.
🎯 What is Market Cap in Crypto? (Explained for Beginners)
You’ve probably heard things like:
“Bitcoin has the highest market cap”
“Low market cap coins can pump harder!”
But… what is market cap? 🤔
💰 Market Cap = Total Value of a Coin in Circulation
📊 Formula:
Market Cap = Price of 1 coin × Total coins in circulation
🧠 Example:
Let’s say:
One mango costs ₹10
You have a basket of 100 mangoes
🍋 The value of your basket = ₹10 × 100 = ₹1,000
That’s your market cap
Now apply this to crypto:
If 1 coin = ₹50 and there are 10 crore coins:
💸 Market Cap = ₹50 × 10 crore = ₹500 crore
🔎 Why Does Market Cap Matter?
Tells how big or strong a project is
Helps compare one crypto to another
Big market cap = more stable (like BTC, ETH)
Small market cap = more risky but can give high returns 🚀
🔹 Bitcoin – Highest market cap = “King of crypto” 👑
🔸 Small altcoins – Lower market cap = More potential growth (but more risk)
💡 If this helped you understand Market Cap, tap ❤️
You’ve probably heard things like:
“Bitcoin has the highest market cap”
“Low market cap coins can pump harder!”
But… what is market cap? 🤔
💰 Market Cap = Total Value of a Coin in Circulation
📊 Formula:
Market Cap = Price of 1 coin × Total coins in circulation
🧠 Example:
Let’s say:
One mango costs ₹10
You have a basket of 100 mangoes
🍋 The value of your basket = ₹10 × 100 = ₹1,000
That’s your market cap
Now apply this to crypto:
If 1 coin = ₹50 and there are 10 crore coins:
💸 Market Cap = ₹50 × 10 crore = ₹500 crore
🔎 Why Does Market Cap Matter?
Tells how big or strong a project is
Helps compare one crypto to another
Big market cap = more stable (like BTC, ETH)
Small market cap = more risky but can give high returns 🚀
🔹 Bitcoin – Highest market cap = “King of crypto” 👑
🔸 Small altcoins – Lower market cap = More potential growth (but more risk)
💡 If this helped you understand Market Cap, tap ❤️
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🔈JUST IN: Jack Dorsey just launched BitChat — a messaging app that works without internet and sends #Bitcoin via Bluetooth🔥
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🚨BREAKING: 🇺🇸 President Trump's Truth Social filed for a Crypto Blue Chip ETF that includes #Bitcoin and other crypto🔥
The ETF will invest in a basket of crypto: 70% Bitcoin, 15% Ether, 8% Solana, 5% Cronos, and 2% XRP.☄️
The ETF will invest in a basket of crypto: 70% Bitcoin, 15% Ether, 8% Solana, 5% Cronos, and 2% XRP.☄️
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