Squid Game Price

Squid Game (squidgametoken.vip) (SQUID) is a cryptocurrency launched in 2021. It originated as a meme token on BNB Smart Chain and has since evolved into a community-directed, cross-chain digital asset.

The project confronts the security flaws that plagued its original V1 contract. By deploying wholly non-upgradeable smart contracts, SQUID eliminates the centralized proxy control that previously enabled unauthorized token alterations. Its integration of LayerZero’s OFTV2 standard enables native token transfers across multiple blockchains without relying on wrapped representations.

SQUID operates on the BNB Smart Chain network. Parallel token contracts exist on Solana and Base, forming a unified liquidity corridor across three distinct execution environments.

The token adheres to the BEP-20 standard on BNB Smart Chain. By utilizing LayerZero’s OFTV2 protocol, SQUID achieves omnichain fungibility—holders can burn tokens on one chain and mint an equivalent amount on another in a single transaction. The V2 contract is immutable, with no administrative keys, making unauthorized upgrades structurally impossible.

SQUID has no founder team and operates through volunteer community coordination. The original token, SQUID V1, suffered a catastrophic launch, with early participants enduring substantial losses after a proxy contract incident. In response, the community orchestrated a migration to the V2 contract, a move that completely discarded the upgradeable proxy mechanism. This transition repurposed the token around secure, cross-chain interoperability.

The project’s long-term purpose is to demonstrate that a leaderless meme token can sustain itself through collective volunteerism and secure technology. By eradicating central points of failure, SQUID aims to become a resilient, community-managed vehicle for value transfer across blockchain ecosystems. It rejects the notion that meme coins must depend on charismatic founders or rent-seeking intermediaries.

Mechanically, the SQUID token functions as the native asset for cross-chain messaging within the LayerZero infrastructure. When a holder initiates a chain migration, the OFTV2 protocol locks the source tokens and issues fresh ones on the destination chain, preserving a strict 1:1 peg without synthetic derivatives. This burn-and-mint cycle is governed entirely by the immutable smart contract logic, not by any administrative party.

Community volunteers hold SQUID to coordinate ecosystem direction and propose integrations. Liquidity providers supply SQUID to decentralized exchange pools on BNB Smart Chain, Solana, and Base, enabling frictionless cross-chain arbitrage. Developers building on these chains can permissionlessly incorporate SQUID into lending protocols or yield aggregators using the token’s OFTV2 interface.

Squid Game (squidgametoken.vip) has a maximum supply of 800,000,000 tokens. Currently, 800,000,000 are in circulation. The token supply is fixed with no minting capability, ensuring zero dilution for existing holders. With a market capitalization of $41,616, Squid Game (squidgametoken.vip) ranks #7,333 among all cryptocurrencies.