The recent rhythm of meme coins has been quite interesting. $PIPPIN and $ACT have been tugging back and forth over the past few days, with quite fierce fluctuations, and many traders have been caught in the trap. In comparison, $BANANA has been forced to go completely empty, with an unstoppable upward momentum, resulting in the short interest rate soaring to 4300%—a number that's quite rare.
The financing cost for shorts is absolutely outrageous; continuing to short is like throwing money in, and the cost is right there for everyone to consider. That's how the current meme track is—hotspots change extremely quickly, capital groups move fast, and a slight lapse in attention can easily lead to losses.
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SatsStacking
· 3h ago
It's broken again, and I got wrecked by $BANANA's short fee rate—4300%, what kind of crazy number is that... Shorting is basically suicide, guys really need to learn their lesson.
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AlwaysQuestioning
· 3h ago
It's another one of those妖股 with $BANANA. The short squeeze is really fucking crazy. Who dares to continue shorting with a 4300% fee rate?
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OneBlockAtATime
· 3h ago
Haha, BANANA is really crazy this time. The 4300% fee rate directly forced the shorts to be wiped out. I couldn't help but laugh when I saw that number. In this kind of market, shorting is just pure money printing.
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NftDeepBreather
· 3h ago
Alright, $BANANA this wave is really amazing, I didn't expect the fee rate to surge to 4300%. The shorts are really risking their lives to short.
I don't understand why some people still insist on fighting, their costs are all on display, okay.
PIPPIN and ACT are indeed repeatedly teaching me how to behave; my stop-loss orders have gone off-topic.
That's how meme coins are—if you're a second slow, you'll get harvested. I'm now watching all directions with my eyes and listening in all directions.
Anyone who dares to say they haven't been trapped in this round of the market is definitely not playing seriously.
#数字资产市场动态 Good morning everyone!
The recent rhythm of meme coins has been quite interesting. $PIPPIN and $ACT have been tugging back and forth over the past few days, with quite fierce fluctuations, and many traders have been caught in the trap. In comparison, $BANANA has been forced to go completely empty, with an unstoppable upward momentum, resulting in the short interest rate soaring to 4300%—a number that's quite rare.
The financing cost for shorts is absolutely outrageous; continuing to short is like throwing money in, and the cost is right there for everyone to consider. That's how the current meme track is—hotspots change extremely quickly, capital groups move fast, and a slight lapse in attention can easily lead to losses.