Recently, many people have been eyeing JELLYJELLY for shorting, and I also entered a position.

To be honest, this operation made me take a tumble - directly losing 2800U in profit, my heart is bleeding.

However, after calm analysis, do you want to see a big drop in the short term? You'll have to wait for the trading volume to cool down first; the current enthusiasm is still there, and it's not that easy to crash the market. Taking a look at the data, jelly ranks second in trading volume among altcoins on mainstream exchanges, with only ZEC ahead of it.

Now I'm looking forward to the market introducing a new meme coin to absorb all this capital and attention, then it will be interesting.

JELLYJELLY11.47%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
8
Repost
Share

Comment

0/400

LiquidityNinja

· 11-07 14:53

You dare to short with just this? You deserve the pain.

View OriginalReply0

MetaverseLandlord

· 11-06 16:46

Retail investors cutting losses and replenishing margin is just the beginning of a big dump~

View OriginalReply0

PumpStrategist

· 11-04 15:48

Chips are highly concentrated + the heat is full. Thought they could annihilate by taking the opposite position, but instead, they got played for suckers.

View OriginalReply0

GasWaster69