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There were many short during the period when $rave, resulting in a lot of short selling and profiting from the short positions. As a result, there are actually fewer short during the BSC altcoin pump and dump in the last two days.
Today's BSC-driven market rally has triggered FOMO (Fear of Missing Out) symptoms among many group members, highlighting the extremely short window for escaping a bear market. Furthermore, the lifespan of memes is inevitably accelerating; Pnut lasted 5-7 days, while Trump only took 2-3 days.
Therefore, I judge that most of the BSC manipulated coins ($lab $B $skyai $tag) just hit their peak.
Rave really caught a big fish.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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