The meme coin market has recently shown signs of stabilizing after a downturn. Dogecoin, Shiba Inu, Baby Doge, Pepe, and other coins are starting to stabilize, and the market atmosphere is gradually warming up. Elon Musk, the promoter of meme coins, has reignited discussions around Dogecoin with some recent tweets, indirectly boosting confidence in the entire meme coin sector.
In this wave of market activity, the controversial coin from back in the day, Squid Coin (SQUID), is also gaining attention. After the 'rug pull' incident that made headlines in 2021, Squid Coin has now completed a community takeover and is attempting to reshape its image. It's worth mentioning that the second season of 'Squid Game' is set to premiere on December 26, 2024, which is just 8 days away. Community members are seizing this opportunity to work together and revive Squid Coin's position in the market.
As meme coins gradually regain popularity, will Squid Coin be able to leverage the global influence of 'Squid Game' to make a comeback and even return to mainstream visibility? Meanwhile, could Musk once again inject new momentum into the entire sector as the 'King of Meme Coins'? Do you think Squid Coin still has a chance for a turnaround?
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