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If the crypto world is like The Squid Game, who are the masters of the game?

Halloween is just around the corner, and given the growing popularity of The Squid Game, the hit South Korean series produced by Netflix that everyone is talking about, it seems pretty certain that this Halloween StormGain will see plenty of Squid Game-inspired costumes!

In the series, several poor and deeply indebted contestants compete in a series of deadly childhood games for a huge fortune that could completely change their lives.

The series has become a true global phenomenon of pop culture, and the crypto community, always eager to adopt new memes and references, has also ended up surrendering to the charms of this unique South Korean series.

Recently, the launch of NFTs, tokens, promotions and contests related to The Squid Game has been announced in the cryptocurrency industry.

Most of these are not related to Nexflix or the producers of the series, and they use the symbols of The Squid Game (such as the square, the circle or the triangle), characters that enjoy great popularity among the followers of the series, or use this as the basis for competitions similar to those seen in their games.

But there are those who go even further in the cryptocurrency sector, even establishing a parallel between the basic concept of the series and the cryptocurrency market in its entirety, that is: what if … we were really part of a game similar to The Squid Game?

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Cryptocurrencies like The Squid Game

Many are the components of the digital currency market that traders find similar to video games: the risk and reward, the need to learn the rules and the system, the potentially huge profits.

If we add to this the possibility of escaping the debts and injustices of the financial system, it will not surprise anyone that cryptocurrency traders see many aspects in common with The Squid Game, leaving aside the most extreme elements of the series.

But the truth is that there is a specific trend in the market that is drawing comparisons with one of the most disturbing parts of Squid Game: who are the masters of the game?

Investing in cryptocurrencies used to be dominated by a handful of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and a few others, ranked in the lead in market capitalization and considered relatively safe.

The many altcoins that emerged were a very risky bet with which only the most daring speculators would dare to bet.

However, the situation is quite different today.

Today there are 1.5 million coins, some of them created lightly, “spam” or “meme” coins that struggle to capture the attention of investors.

As in The Squid Game, this is a game in which the winner takes it all, since few coins are victorious and they manage to see their value multiplied by 1,000, while the vast majority get an early and lonely sunset.

Thanks to cheap chain templates, token creation is easier than ever today.

However, the little effort required to do so has left the market awash with ill-conceived and ill-conceived “cryptocurrencies” that have virtually no application beyond contributing to the gambling bubble.

Obviously, the chances of survival for 99% of these tokens are almost non-existent.

So who decides which of these are victorious? To find out, we must now attend to the masters of the game, such as Elon Musk.

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The masters of the game

In the Netflix series The Squid Game, the deadly games are organized by cabal of billionaires from around the world who pursue only fun and entertainment.

Although theoretically the masters of the game are neutral and seek to respect the principle of fairness in games, the truth is that none of them can avoid not influencing events and manipulating the rules.

In the cryptocurrency market, big players like Elon Musk, Mark Cuban or Vitalik Buterin can be seen by many as the equivalents of the masters of the game in the series, insofar as they can determine which coins from the entire crowd will survive the long enough to be victorious.

Even coins that, in appearance, do not have the slightest value.

We all know that Elon Musk gave a direct boost to Dogecoin at the beginning of the year, but the influence of the billionaire from Testa does not end there.

To realize just how much this is, we only have to look at the thousands of “floki” tokens that flooded the market when Musk tweeted a photo of his puppy Floki.

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Shiba Inu’s success

So what happened to Shiba Inu (SHIB)? And yes, its name comes from the same type of dog that inspired the Dogecoin meme.

It is also the same breed as Musk’s dog.

Investors were rewarded with the recent 300% rally in its price, especially those who grabbed the meme coin earlier in the year, and have seen a potential return of hundreds of thousands of dollars.

But what was it that made this coin victorious in this canine cryptocurrency competition? The truth is that this was also promoted and publicized by another of the masters of the game, in this case Vitalik Buterin.

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Stay one step ahead

Retail traders would do well to learn a lesson from all of this.

Whether we like it or not, in order to win in the game of cryptocurrencies we will always have to keep in mind the presence of the masters of the game and carefully follow all their movements.

To this end, StormGain offers you an updated news section, with which you can understand the underlying reasoning behind the activity you observe in the charts and the trading signals that you access from the app.

The Stormgain app strives to provide equal opportunity.

Thanks to features such as the commission-free profit-sharing model or the Bitcoin Cloud Miner, StormGain finds a way to share wealth with everyone, even in the competitive world of cryptocurrencies.

In this way, any trader can benefit from the movements of the masters of the game, if he knows how to interpret them.

Remember that if you are looking to trade volatility, even in the short term, the minor meme currency can make big profits if you notice that an influencer is making a move.

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Try StormGain and earn 5 USDT

Do you already have your Halloween costume inspired by The Squid Game? Or maybe you’d rather play it safe and join the other type of game on the rise … the SHIB Game!

Unlike The Squid Game, it does not involve violence and is much more fun.

Take advantage of StormGain’s special promotion and try it today with the code “SHIBGAME”, with which all new StormGain users will receive 5 USDT for free.

Sign up for StormGain in just a few seconds and start trading SHIB today on the all-in-one critpo platform that also allows you to mine BTC in the cloud.

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