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From Squid coin to memes, the 'Wild West' of crypto

"Squid coin", which last month launched without the permission of Netflix, rocketed in value before plummeting to a near zero valuation within days.

"Squid coin", which last month launched without the permission of Netflix, rocketed in value before plummeting to a near zero valuation within days.
"Squid coin", which last month launched without the permission of Netflix, rocketed in value before plummeting to a near zero valuation within days.

From a dodgy digital currency inspired by Netflix hit "Squid Game" to highly-volatile dog-themed coins, the cryptocurrency sector has become riskier than ever as it soars in value.

Since the start of the year, two dog-themed units have seen their values soar -- Dogecoin created as a joke in 2013 and Shiba Inu born in 2020.

Original URL: https://www.news.com.au/breaking-news/from-squid-coin-to-memes-the-wild-west-of-crypto/news-story/7e3fc0b578de7efb120dd7cded0f179c