Cryptocurrencies are driving short sellers crazy, but true love has survived bull and bear markets and become both rich and poor; "100x coins" are all scams.
Written by: Nicky, Foresight News
Welcome back to "Hot Commentary," where we take you on a weekly tour of the surreal realities of the crypto world, including "short squeezes, long-term relationships, and official media scrutiny."
RAVE surges 60 times, forcing short sellers to buy.
From April 9th to 17th, the RAVE token surged from $0.314 to $19.3, an increase of more than 60 times.
Many people didn't believe it and chose to short. And then... that was it.
Blogger Liangxi General stated that the main reason for RAVE's rise was that the "Liang Family Army"short it as a whole 🤔.
Binance Square is flooded with scathing, "real-life" comments:
Those who short RAVE at $5.73 are now at a loss 🥹, thankfully it was 1x leverage.
Another netizen who thought there was upward pressure asked, "Brothers, do you dare to short?" As a result, he has already lost 1330.54%.
Netizens' scathing comments: Why is the market pumping? I was waiting to short it at $20, little karaomi.
A netizen attempted to short at the "lucky" price of $18.88, but the order was not filled.
Netizens shared a screenshot imitating the account "Wuhu Dasima," claiming that a mere 23% fluctuation resulted in the loss of 1.4 million!
Some netizens expressed their confusion about this sharp price manipulation, wondering why the platform did not regulate such obvious market manipulation.
A netizen who was preparing to embark on a "10,000-fold journey"short RAVE around $1, and now it seems that he has completed his "journey to zero".
Blogger Welsey posted a screenshot of short RAVE, showing that he had lost nearly $2.5 million at a price of $5.35.
Reddit "True Love" Image: Bull and Bear Crossing, Getting Thin and Rich
A post on Reddit was titled "True Love".
The accompanying image is a comparison photo: 2018 vs. 2026.
In the 2018 photo, a man and a woman are standing hand in hand, with tags on their bodies: male: ETH $1600, female: BTC $20000. Both of them are on the heavier side.
In the 2026 photo, the same two people, but the labels have changed: Male: ETH $1600 (unchanged), Female: BTC $70000, and the female has become slimmer and more elegant, while the male... is still the same size.
The male protagonist stared at his ETH, which hadn't appreciated in eight years, then glanced at his wife beside him, who had become thinner and wealthier, and wondered to himself, "Should I be happy or envious?"
One netizen commented that if ETH makes any big moves soon, you should photoshop Vitalik (the founder of Ethereum) onto that guy's body.
Netizens' scathing comment: $1600 is $1600, but it's affected by inflation...
The commenter replied that he could have made a lot of money if he had invested in worthwhile projects. So he lost money twice! 🤣
Netizens commented that this is about a long-term game.
The commenter replied, "So how long do we mean by 'long-term'? Centuries?"
1 ETH = 1 ETH. Not many people understand this.
(Similar to 1 BTC = 1 BTC? Regardless of the price? 🤔)
So, holding ETH can make you taller. Got it! (Note: The guy in the photo looks taller 🤣.)
Netizens' scathing comments: Oh my god, she's lost weight! (Or maybe he had someone else take the photos?)
A meticulous netizen commented, "I've been looking at this meme for a long time, and I always thought it was the same woman because of the text description. But if you look closely, whether it's the shoes, their relative positions, the length of her legs, or the position of her knees, it all looks wrong if it's the same person."
Where can I buy ETH for $1600? (The current price of ETH is $2357.)
People's Daily criticizes "100x coins": Don't believe them, they're part of the black market.
On April 14, People's Daily published an article titled "Disrupting the Capital Market, Spreading Rumors about Enterprises, and Promoting Black and Gray Industries—The Chaos of Financial Self-Media Accounts Needs Vigilance."
The article names some accounts that promote illegal activities such as black and gray industries by posting false information about "100x coins" and "making millions a month trading cryptocurrencies".
The article again cites a previous notice from eight departments including the People's Bank of China, emphasizing that virtual currency-related business activities are illegal financial activities, and points out that accounts and platforms that provide traffic and technical services for illegal virtual currency transactions are suspected of violating laws and regulations.
However, RAVE really did increase 60 times this week...
Netizens commented: RAVE really did surge 100 times, and many people lost money short it, so it seems to be true.
Comments indicated that there were many short, otherwise the price would have risen so much.
Netizens commented, "I believe the A-share market will soon reach 10,000 points!"
Netizens commented that even the largest stock market in China (A-shares) can exploit investors.
One commenter replied that the essence of finance is harvesting.
Netizens commented: Online scams are emerging one after another.
Commenters replied that they only broke even after learning global politics, English, and how to manipulate Mao Zedong.
Some netizens also commented that there are still many crypto that can increase by a thousand or even ten thousand times in value 😎.
Netizens' scathing comment: Isn't it normal to make millions a month trading cryptocurrency? 🥹
Some netizens who keep up with current events also replied that ORDI has doubled in the past two days.
From RAVE driving short sellers crazy to the heartbreaking truth behind the "true love comparison" photos, and then to state media's warning against "100x coins," this week, some people have been liquidated during the surge, some have become more beautiful through love, and some have been named and shamed in the news.
The world is a giant makeshift stage, but "Hot Commentary" is here to serve you outrageous price increases, real love stories, and serious warnings all at once.
Have a great weekend, everyone: Long n't get carried away when going long, short short, and don't just look at the price of cryptocurrencies when dating.
Have a great weekend, see you next week!
(The content in this issue is based on publicly available information and online discussions, and is presented in a light-hearted manner for reference only.)
Previous Review: Hot Take | A9 Project Founder Dumped; Private Key Investigated by Federal Agents for 6 Years Was Exposed and Stored "Openly"
Hot Take | This guy gave up his trip to Thailand to hoard Bitcoin
