According to Crypto Rover, $SQD is showing sustained upward momentum with no signs of slowing down, coinciding with increased anticipation for the upcoming AI season. Traders are closely monitoring $SQD's price action, as its strong performance is linked to growing interest in AI-powered cryptocurrencies. This trend could signal broader bullish sentiment for AI-related tokens, potentially influencing trading strategies and portfolio allocations across the crypto market (source: Crypto Rover via Twitter, May 6, 2025).

According to EricCryptoman, $SQD is exhibiting significant strength amidst a general altcoin weakness due to an impending tokenomics update. This update mandates users of SQD technology to buy and lock tokens, creating a situation where stakers can earn stablecoins for lending, potentially leading to a supply shock. The anticipated $0.55 price level is currently in focus.