Dogecoin Founder ‘Most Shocking Since Squid Gaming Token’ as Token Martin Shkreli Massively Collapses

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Marcus reacted after the token’s value plummeted yesterday.

Billy Marcus, the co-founder of Dogecoin (DOGE), expressed shock at the massive drop in Martin Shkreli Inu tokens yesterday.

The token, launched by the infamous Martin Shkreli aka “Pharma Bro,” saw its value plummet by more than 90% on Friday in what appeared to be an exit scam.

According to outspoken co-creator of Dogecoin, the Martin Shkreli token crash is the most shocking thing to happen since Squid Game (SQUID).

SQUID was a memecoin launched after the popular Netflix series Squid Game. Many people got involved in the project, believing that it was started by the producers of the series. However, things ended badly for investors as the team behind SQUID cut the rug out for them.

Martin Shkreli Inu’s collapse is different from SQUID’s. The cause of Martin Shkreli Inu’s massive drop in value came after an unidentified wallet dumped a massive amount of tokens in the market.

The portfolio would belong to Martin Shkreli. According to blockchain data, a crypto wallet called 0xshkreli.eth moved 160 billion units of tokens to the unnamed wallet yesterday, and it wasn’t long before the tokens were thrown into the market.

Commenting on the development, Shkreli noted that it was hacked.

Meanwhile, Shkreli has been notorious in the past. He was once considered the ‘most hated man’ in the United States after raising the price of a potentially life-saving drug in the country. Shkreli was arrested for securities fraud but was released earlier this year.

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