The Squid Game crypto token, which has been on a rollercoaster since its launch, became the first winner in the global cryptocurrency market on November 6, Saturday. It came days after many investors complained that they lost millions in the apparent scam because they couldn’t sell their tokens. Bitcoin, however, suffered losses and fell to $ 60,000 in the past 24 hours. A token of the world’s largest cryptocurrency was trading at $ 60,583.36 at the time of writing, weeks after hitting a lifetime high of $ 66,000. This is a decrease of 1.41% from the last 24 hours.
Ethereum was also down 2.73% in the past day. A unit of the world’s second largest cryptocurrency was trading at $ 4,368 at the time of writing. Binance, Dogecoin and Polkadot also fell, while Solana gained around 4%. Shiba Inu jumped to $ 0.00005678 on Saturday. This figure has increased by 11.09% in the last 24 hours, a pleasant development after a steady decline in the last few days.
Meanwhile, the global cryptocurrency market cap on Friday, November 6 stood at $ 2.67 trillion. That fell 1.72% in the past day, data from CoinMarketCap showed. On the other hand, the crypto market volume has fallen 10.84% in the past 24 hours, according to data available on the website. The total volume of the crypto market on which the coins have been traded in the past 24 hours was $ 112.34 billion at the time of writing. “The total volume in DeFi is currently $ 13.82 billion, or 12.30% of the total 24-hour crypto market volume. The volume of all stablecoins is now $ 87.39 billion, or 77.79% of the total 24-hour crypto market volume, ”a note said on the CoinMarketCap website.
Squid Game was the first winner in the global crypto market, data from the crypto tracking website showed. Over the past 24 hours, the value of a Squid token has increased by 816.72%. One token was priced at $ 0.6508, according to the data. However, the CoinMarketCap has issued a warning amid recent accusations of fraud against the Squid Game token, following the price spike. “We have received several reports that the website and social media are no longer functional and users are not able to sell this token in Pancakeswap. It is increasingly evident that this project has been robust. Please exercise due diligence and exercise extreme caution. This project, while clearly inspired by the Netflix show of the same name, is NOT affiliated with the official IP, ”he said.
Chain was second in the top winners bunch, priced at $ 21.89 and up 665.35% in the past 24 hours. GreenMoonZilla, valued at $ 0.00008422 per token, continued its uptrend and placed third with an increase of 469.83% on the last day.
When it comes to losers, first place goes to Phoenix Global. The price of a token fell 97.49% and was trading at $ 0.02263. Ethereum Meta and Dragon Battles placed second and third in the rankings, dropping 94.36% and 85.38% respectively in the final day.
Top 6 cryptocurrency winners (according to data from CoinMarketCap)
Squid Game: $ 0.6508 – up 816.72% in last 24 hours
Channel: $ 21.89 – up 665.35% in last 24 hours
GreenMoonZilla: $ 0.00008422 – up 469.83% in last 24 hours
ZYX: $ 0.1609 – up 334.54% in last 24 hours
CatenaX: $ 4.32 – up 311.48% in last 24 hours
Blockcloud: $ 0.00263 – up 256.98% in last 24 hours
Top 6 Cryptocurrency Losers (According to CoinMarketCap Data)
Phoenix Global: $ 0.02263 – down 97.49% in last 24 hours
Ethereum Meta: $ 0.0000002909 – down 94.36% in last 24 hours
Dragon Battles: $ 0.001003 – down 85.38% in the last 24 hours
Ninneka: $ 0.2525 – down 63.31% in last 24 hours
BITICA DIGITAL CRYPTOCURRENCY: $ 0.1013 – down by 58.60 cents in the last 24 hours
SatoShiba: $ 0.01502 – down 55.09% in last 24 hours
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