SquidGame token (Binance Smart Chain) was hyped over 1000x in sevral days, and was rug pulled by its original team. The price dropped from 2800 usd to 0.00000126 usd, and was recollected by community and market makers.
Now it is rising sharply to as high as 0.8 usd, and corrected to 0.25 usd.
As long as the original team was banned, this token has been totally community based. Several CEXs have listed SQUID due to its popularity.
It is another Shiba Inu story. I'm expecting MEXC and gate.io to list SQUID and give it other 5x or more.