Recently, the meme coin market has been quite interesting. $PIPPIN and $ACT have been swinging back and forth this week, with sharp rises and falls, and many people have been left behind. In contrast, $BANANA has been much more aggressive, pushing higher and higher, resulting in the short interest rate soaring to 4300%. This number is quite rare in the market.



The cost of shorting on that side is too outrageous; basically, short sellers have to pay to hold their positions. Under these circumstances, those continuing to short need to think twice. The entire meme track is like this now—hotspots rotate quickly, capital groups form and disband fast, and if you're not careful, you'll get caught off guard.
PIPPIN1.76%
ACT0.47%
BANANA30.73%
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
LiquidityNinjavip
· 3h ago
A 4300% fee rate is truly outrageous; shorting even results in losing money. Who can withstand that? BANANA is really fierce this time, forcing a short squeeze to a pretty aggressive level. PIPPIN and ACT have been causing a lot of trouble lately. I was the one who got kicked out. Meme coins really have a huge gambling component; one misstep and everything is gone. $BANANA's trend, how desperate are the bears feeling right now? Hot topics are changing too quickly; I can't keep up. Exhausting. People still insist on shorting despite such high fees; their mentality is truly unmatched. With the track so competitive, small retail investors are really having a tough time. By the way, a 4300% figure is quite rare in the entire history of the crypto world. I've been kicked out several times this week. Meme coins are like that—they don't tolerate mistakes.
View OriginalReply0
DeFi_Dad_Jokesvip
· 3h ago
4300% short fee rate, now that's truly a short squeeze BANANA directly bankrupted the shorts this time, I'm impressed PIPPIN and ACT keep throwing people around, I'm just here for the entertainment Meme coins are like this, quick in and out, if you react slowly, you're at the bottom
View OriginalReply0
MEVictimvip
· 3h ago
A 4300% fee rate is truly incredible; shorting is just burning money. BANANA's recent move was indeed fierce, but meme coins are just like that—the price for quick gains. How painful it must be for those who got left behind with PIPPIN and ACT; I almost experienced it myself. Funds are consolidating too quickly; if you can't keep up, you'll get beaten. The short squeeze tactic is standard operation for meme coins; get used to it. The ones always making money are those who buy the dip. How outrageous is this fee rate? It's basically a tax on intelligence.
View OriginalReply0
ForkItAllvip
· 3h ago
A 4300% fee rate? That's really outrageous. People shorting must have rocks in their heads to keep holding on. --- BANANA's short squeeze was indeed fierce, but I see PIPPIN is also sharpening their knives. This track is just a rotation game. --- It's the same story again, hot topics switch so quickly that those who can't keep up get harvested. --- For someone willing to throw in orders with such a high shorting fee rate, I can only say I admire your courage. --- Memecoin really, one moment it's a climax, the next it's despair. Playing a heartbeat game. --- There must have been quite a few people kicked out this week. The tug-of-war between PIPPIN and ACT made me dizzy. --- Honestly, I haven't seen many people making money shorting memecoins now. --- Funds band together, hot spots rotate even faster. If you're not careful, you'll get cut. I've experienced it.
View OriginalReply0
MEVHunterZhangvip
· 3h ago
4300% short fee rate, how crazy is that? Who would still dare to short? BANANA is really fierce this time, squeezing people like this is really messing with them. PIPPIN and ACT just feel like they're scamming the little guys. The meme coin track is like this, the group is forming quickly but also dispersing just as fast. One misstep and you'll get slapped in the face. Time to do some research again.
View OriginalReply0
FloorSweepervip
· 3h ago
nah see this is where most degenerates get it wrong... $BANANA's short squeeze wasn't the move, the real alpha was already gone by 4300% rates lmao paper hands capitulating on PIPPIN and ACT while we accumulate on the weakness... classic market psychology people actually paying 4300% to short? that's literally free money signal right there, or they're just speedrunning bankruptcy idk
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)