Squid Game (CTO) PriceSQUID

What is Squid Game (CTO) (SQUID)?

Squid Game (CTO) (SQUID) is a community-driven cryptocurrency token that operates on the BNB Smart Chain (BEP20) platform. The "CTO" designation stands for Community Takeover, reflecting the project's core identity as a token with no founder team that is fully driven by its communities. According to its official description, the project aims to build a decentralized crypto kingdom where transparency is prioritized and insider trading is rejected. The token positions itself around the principles of community governance, with the stated mission: "Power to the people! Your vote, your future."

This article covers Squid Game (CTO) (SQUID), a community-led revival token on BNB Smart Chain; it is distinct from the original 2021 Squid Game-inspired token, which collapsed in a documented rug pull in November 2021.

The project represents an evolution from a BNB Smart Chain meme token into what its V2 whitepaper describes as a symbol of community strength powered by blockchain technology. SQUID has a total supply and maximum supply of 800,000,000 tokens. Circulating supply is reported as 0 SQUID, while total and maximum supply are both 800,000,000 SQUID. The token's CoinMarketCap listing date is October 15, 2024.

Key Specifications & Tokenomics

• Name: Squid Game (CTO)
• Ticker / Symbol: SQUID
• Blockchain / Platform: BNB Smart Chain (BEP20)
• Category: Community-driven token, BNB Chain Ecosystem
• Total Supply: 800,000,000 SQUID
• Max Supply: 800,000,000 SQUID
• Circulating Supply: 0 SQUID
• Contract Address: 0x87230146e138d3f296a9a77e497a2a83012e9bc5
• Start Date: 2024-10-15
• Official Website: https://squid.land/
• Block Explorer: bscscan.com
• Community: t.me/SquidGameDao ; twitter.com/SquidCto
• CoinMarketCap ID (UCID): 33447

Who created Squid Game (CTO)?

Squid Game (CTO) operates as a token with no founder team. The project is fully driven by its communities, which is the defining characteristic of a Community Takeover (CTO). The "CTO" designation in the token's name explicitly refers to this community-led structure. Detailed public information about individual team members or project leaders is currently limited, consistent with the project's stated commitment to decentralized, community-driven governance without a central founding team.

The original 2021 Squid Game-inspired token collapsed in November 2021 after its anonymous creators cashed out at least $3.4 million in investor funds in what was described as a rug pull; the current CTO project is a separate, community-led revival.

The project's V2 whitepaper outlines the journey of SQUID from a cautionary tale to a symbol of community strength. This framing acknowledges the token's historical context while positioning the current iteration as a community-led revival rather than a founder-directed initiative.

How does Squid Game (CTO) work?

Squid Game (CTO) functions as a BEP20 token on the BNB Smart Chain, which provides the underlying blockchain infrastructure for transactions and token operations. The token is designed around community governance principles, where transparency is emphasized and token holders are positioned as participants in a decentralized ecosystem rather than passive investors.

The project's operational model centers on community-driven decision-making, with the stated goal of building a decentralized crypto kingdom. The token can be swapped on decentralized venues that support BNB Chain assets, and trades across multiple active markets. Note that TradingView lists the SQUIDGAMUSD pair as delisted, while other trackers still show active markets. The BNB Smart Chain platform enables fast and low-cost transactions compared to other blockchain networks, making it accessible for community members to participate in the ecosystem.

What makes Squid Game (CTO) unique and valuable?

Squid Game (CTO) distinguishes itself through its Community Takeover model, which represents a deliberate departure from traditional token projects with centralized founding teams. The project's core value proposition rests on community ownership and governance, with the stated mission of creating a transparent crypto ecosystem where insider trading is rejected. This positioning is aimed at participants who prioritize decentralized governance and community-led initiatives.

The project's evolution narrative—framed as a journey from a cautionary tale to a symbol of community strength—adds a distinctive dimension to its identity. The V2 whitepaper emphasizes this transformation, positioning the token as a demonstration of how communities can reclaim and rebuild projects. The token's presence across multiple data platforms and its listing on various price tracking services indicate ongoing market engagement.

Like all meme-based tokens, SQUID is highly volatile and its value depends largely on community sentiment; the project has no identified founding team and no published audit.

What is Squid Game (CTO) used for?

Squid Game (CTO) serves primarily as a community governance and participation token within its ecosystem. The project's stated purpose is to empower holders through voting and community decision-making, aligning with its mission of "Your vote, your future." The token functions as a medium for community members to participate in shaping the project's direction and future development.

The V2 whitepaper describes holders as "not just investors but the heart and soul of SQUID," framing them as guardians of the project's direction.

As a BEP20 token on BNB Smart Chain, SQUID can be traded, swapped, and held across various platforms that support BNB Chain assets. The token is available for swapping on decentralized venues that support BNB Chain assets and trades on multiple active markets. Its utility is closely tied to the community-driven governance model, where token holdings may represent voting power or participation rights within the decentralized ecosystem the project aims to build.

How Is the Squid Game (CTO) ecosystem developing?

The Squid Game (CTO) ecosystem is developing around its community-driven governance model, with the project actively positioning itself as a decentralized crypto kingdom built on transparency principles. The ecosystem operates on BNB Smart Chain, leveraging the platform's infrastructure for token transactions and community participation. The project maintains an active presence across multiple cryptocurrency data platforms and price tracking services.

According to available data, SQUID trades on 15 active markets. The project's development is guided by its V2 whitepaper, which outlines a vision of evolving from a meme token into a community strength symbol powered by blockchain technology. The ecosystem's growth is inherently tied to community engagement and participation, consistent with its Community Takeover origins and no-founder-team structure.

How are SQUID tokens obtained?

Squid Game (CTO) is a BEP20 token on the BNB Smart Chain and does not operate on a traditional mining model. As a token built on an existing blockchain network, SQUID does not require mining equipment or computational power to generate new tokens. The total supply of 800,000,000 SQUID is fixed, with no additional tokens created through mining activities.

Community members can acquire SQUID through available trading markets or by swapping on decentralized venues that support BNB Chain assets. The token's distribution is based on its existing supply rather than mining rewards. Holding SQUID provides participation in the community-driven ecosystem, with governance and voting rights aligned with the project's decentralized decision-making model.

How to keep your Squid Game (CTO) Coin safe?

Keeping SQUID tokens safe requires standard cryptocurrency security practices. Since SQUID operates on BNB Smart Chain as a BEP20 token, holders should use compatible wallets that support BNB Chain assets. Hardware wallets provide the highest level of security for long-term storage by keeping private keys offline and protected from online threats.

For active trading or community participation, reputable software wallets with strong security features can be used. Always verify contract addresses before interacting with any token, and be cautious of unsolicited offers or links. Enable two-factor authentication where available, never share private keys or seed phrases, and consider using separate wallets for different purposes. Given the project's historical context, staying informed about official communications through verified channels is particularly important for community members.