Just pulling a pump and you suspect market manipulation? Don't even bother suspecting, first day in crypto? Which coin in the crypto space isn't like this? Are you relying entirely on market synergy? There's no market synergy anymore, it's all fraud.
Then there are people saying it's highly controlled. What's wrong with high control? The ones without control just continuously dump in bear markets and get delisted or go to zero—you'd be satisfied with that?
Shorting Siren won't end well for you. Guess who the funding rate is designed to protect against? I've observed many of these manipulated coins, and they only have a chance to drop after a few days when market attention dies down.
Just pulling a pump and you suspect market manipulation? Don't even bother suspecting, first day in crypto? Which coin in the crypto space isn't like this? Are you relying entirely on market synergy? There's no market synergy anymore, it's all fraud.
Then there are people saying it's highly controlled. What's wrong with high control? The ones without control just continuously dump in bear markets and get delisted or go to zero—you'd be satisfied with that?
Shorting Siren won't end well for you. Guess who the funding rate is designed to protect against? I've observed many of these manipulated coins, and they only have a chance to drop after a few days when market attention dies down.