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#比特币与黄金战争 Good morning everyone!
Lately, Meme coins have definitely shown some signs. $PIPPIN and $ACT have been bouncing back and forth like they're dancing this week, and many who chased the highs got crushed. In contrast, $BANANA has been much more aggressive, soaring straight up, pushing shorting costs to 4300%—a number that's quite rare in the market.
What does this mean? The cost of shorting funds has become ridiculously high, and continuing to short is basically just throwing money in. Those still shorting need to reconsider their books.
This is how the Meme track is operating now: hot spots change quickly, and funds follow suit just as fast. One wrong move and you could become the bag holder. In this wave, risk and opportunity are always very close together.