Powell has directly plunged the virtual currency market into chaos. Cryptocurrencies have plummeted across the board, and meme coins are no exception. Musk's Dogecoin, Shiba Inu, Baby Doge, and Pepe have all faced significant drops, and market confidence has been thoroughly doused with cold water.
However, just as the market is in turmoil, the Squid Game coin community remains steadfast. With the countdown of 6 days to the release of Season 2 of 'Squid Game', loyal supporters of the Squid Game coin are actively pushing forward community development, injecting more value and trust into this meme coin that was once ridiculed. From the 'rug pull' incident in 2021 to the current community autonomy, Squid Game coin is attempting to turn the tide, using development and unity to restore hope among investors.
Musk has previously shaken the meme coin market with just a few words, but has Powell's statement completely cooled the meme coin craze? In the shadow of a bear market, do you think Squid Game coin has a chance to stand out thanks to the efforts of its community?
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