The newly released trailer for the third and final season of Netflix’s global hit Squid Game has triggered a fresh wave of excitement — not just among fans of the show, but also in the crypto world. Within hours of the trailer dropping, the unofficially linked memecoin SQUID surged by over 5%, despite having no formal connection to Netflix or the show’s creators.
🔹 A trailer that shook up the crypto scene
Netflix confirmed that Squid Game Season 3 will premiere worldwide on June 27, 2025. Following the release of the suspenseful teaser, the price of the SQUID token spiked 6% in just 24 hours, reaching $0.006102.
The plot appears to pick up with protagonist Gi-hun (Player 456), who now plans to sabotage the deadly game from within. The teaser hints at a showdown with the Front Man, who may have infiltrated the resistance disguised as Player 001.
🔹 Unofficial token, but heavily tied to the brand
Even though the SQUID token is not officially endorsed by Netflix or the production team, traders have long associated it with the show’s branding. Before the trailer’s release, the token had already gained 4.77% over the week, though it is still down over 64% since the release of Season 2.
Nonetheless, Squid Game remains one of Netflix’s most successful franchises. Season 2, which debuted in December 2024, broke viewership records within days, becoming the most-watched show during its premiere week. It currently ranks #2 among non-English Netflix shows with 192.6 million views, second only to Season 1’s staggering 265.2 million views.
Netflix also continues expanding the franchise — with the mobile game Squid Game: Unleashed already released, and rumors circulating about a potential spin-off directed by acclaimed filmmaker David Fincher (although no production timeline has been confirmed).
🔹 SQUID technicals suggest short-term optimism
Technical indicators show a slightly bullish outlook for SQUID. Momentum metrics such as 10-day momentum at 0.000486 and MACD at 0.000051 offer speculative buy signals. The Stochastic RSI Fast at 59.49 places it near the upper end of the neutral range.
This has prompted some investors to speculate, although analysts continue to urge caution.
🔹 Scams and warnings: memecoin risks remain
Security firm PeckShield warned that a wave of fraudulent tokens has followed the renewed popularity of Squid Game. Many of these unofficial tokens, launched around major media events, tend to skyrocket briefly and then crash by 99%, typical of pump-and-dump schemes.
PeckShield identified one such suspicious token on the Base network, where the wallet that deployed it holds the largest supply, indicating potential manipulation. Users also noticed that top-holding wallets appeared suspiciously similar.
“Yes, these are the top holders. Yes, they all look the same. No, that’s not a coincidence. Don’t be reckless,” one user warned on X.
📌 In Summary:
Squid Game continues to dominate both streaming and speculative markets. Although the SQUID token has no official ties, its fate remains closely linked to the popularity of the series. As excitement builds for Season 3, so does crypto hype — but investors are urged to tread carefully in the unpredictable memecoin space.
#memecoin , #squidgame , #CryptoNewss , #CryptoTrends , #CryptoMarket
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“