Squid Game crypto: Scams, fake airdrops, and how to avoid crypto traps

When the Squid Game crypto, a token tied to the viral Netflix show that promised huge returns but had no real use or team. Also known as SQUID token, it briefly hit $2,800 before vanishing overnight—leaving thousands with worthless digital pieces. This wasn’t just a failed project. It was a well-planned exit scam that fooled people into thinking they were investing in the next big thing.

What made Squid Game crypto so dangerous wasn’t just the price spike—it was how it copied real trends. It used a fake airdrop, promised rewards, and even had a fake website that looked like a legit DeFi platform. People rushed in because they saw others making money, not because they understood what they were buying. The same pattern shows up in other fake tokens like NFTP, a token falsely claimed to be on Heco Chain but actually non-existent on any blockchain, or BFICGOLD, a coin that crashed 99% after misleading hype. These aren’t accidents. They’re blueprints for how scammers exploit excitement around pop culture and crypto.

Here’s the truth: no legitimate project ties its value to a TV show. No real team hides behind anonymous wallets and deletes their socials after the pump. If a token’s name sounds like a meme, its website looks like a template, and the whitepaper is just copy-pasted from another project—run. The YAE Cryptonovae airdrop, which turned out to be completely fake in 2025, followed the same script. And the Legion SuperApp airdrop, a real one that actually delivered tokens, didn’t need to promise 1000x returns to get attention.

You don’t need to be a crypto expert to avoid these traps. Just ask: Is there a real team? Is there trading volume? Is this token on a major exchange? If the answer to any of those is no, walk away. The Squid Game crypto crash wasn’t a market correction—it was a warning. And the same scams are still out there, just with new names and new shows.

Below, you’ll find real reviews and deep dives into crypto exchanges, airdrops, and tokens that actually exist. No hype. No fake promises. Just facts about what’s working, what’s risky, and what’s outright fraud.