#SquidCoin #SQUID #MemeCoin #meme

The second season of "Squid Game" will premiere on December 26, 2024, quickly igniting a frenzy. However, the fate of Squid Coin has not turned out as expected. The day after the premiere, the price of Squid Coin continued to plummet, and the community's heated discussions were quickly replaced by anxiety and panic.

The culprit behind this crash is rumored to be a few weak and faithless retail investors. Among them, "Grassland Brother 12" is the most talked about. When the price of the coin plunged, he could not withstand the pressure from community members urging him to "hold on," and in a fit of anger, he chose to liquidate his holdings. This action directly exacerbated the market sell-off, triggering an avalanche effect. The originally confident community members were demoralized by this wave of impact, and market confidence evaporated completely.

Even though the topic of meme coins is still alive, and Musk's meme coins like Dogecoin and Shiba Inu remain strong, Squid Coin seems to have fallen into a crisis of faith. After the collapse of faith, does Squid Coin still have a chance to turn things around?

What do you think the Squid Coin community should do to rebuild confidence under such circumstances? Is Grassland Brother 12's large sell-off really the fuse, or is there another reason?