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#数字资产市场动态 Good morning everyone!
The recent rhythm of meme coins has been quite interesting. $PIPPIN and $ACT have been tugging back and forth over the past few days, with quite fierce fluctuations, and many traders have been caught in the trap. In comparison, $BANANA has been forced to go completely empty, with an unstoppable upward momentum, resulting in the short interest rate soaring to 4300%—a number that's quite rare.
The financing cost for shorts is absolutely outrageous; continuing to short is like throwing money in, and the cost is right there for everyone to consider. That's how the current meme track is—hotspots change extremely quickly, capital groups move fast, and a slight lapse in attention can easily lead to losses.