Overview
Squid Meme is a ocean-themed memecoin swimming in the deep end of CoinMarketCap. It was deployed on Polygon and listed on a single decentralized exchange before fading into complete obscurity. The token contract shows minimal holder counts and negligible daily volume, characteristic of throwaway memecoin launches.
The squid theme has proven insufficiently compelling to build any lasting community around Squid Meme. Telegram and Twitter accounts, if they ever existed, are now inactive or deleted. The token contract has not been renounced, meaning the deployer retains the ability to mint additional tokens or modify parameters. This combination of abandonment and retained control represents the worst of both worlds for any remaining holders.
Risk Factors
- Market cap is so low that manipulation is trivial for any funded wallet
- Holder concentration is dangerously high with top wallets controlling majority of supply
- No active community channels — Telegram and Discord are dead or nonexistent
- No audit has been conducted on the smart contract
- Copycat tokenomics with no original design or innovation
- Project shows classic signs of a deploy-and-abandon scheme
Conclusion
Squid Meme is a dead-on-arrival memecoin with no redeeming qualities. The 0.7 score reflects a token that barely registers on any meaningful metric. There is no community, no development, no liquidity, and no reason to expect any of these will materialize. Avoid entirely.