To be honest, guys, the project we discussed earlier this morning feels a bit strange.
The team’s market manipulation tactics are definitely seasoned—every time the price is smashed down, they always pull it back up, clearly not giving shorts any chance. What’s even more frustrating is that opening a short position means you have to pay funding fees by the hour, so while you’re losing money, you’re also handing it over to the longs. Who can stand that?
I checked Twitter—Pippin’s community is overwhelmingly bullish, but it’s hard to tell what’s real and what’s not. A lot of people are hesitant to jump in because of this consensus, afraid of being left holding the bag. If you’re also struggling with whether to enter or not, it’s a good idea to observe the on-chain data and holdings distribution yourself.
Also, XNY is already on the radar over there, and the next opportunity might be with that. Everyone, manage your own pace.
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To be honest, guys, the project we discussed earlier this morning feels a bit strange.
The team’s market manipulation tactics are definitely seasoned—every time the price is smashed down, they always pull it back up, clearly not giving shorts any chance. What’s even more frustrating is that opening a short position means you have to pay funding fees by the hour, so while you’re losing money, you’re also handing it over to the longs. Who can stand that?
I checked Twitter—Pippin’s community is overwhelmingly bullish, but it’s hard to tell what’s real and what’s not. A lot of people are hesitant to jump in because of this consensus, afraid of being left holding the bag. If you’re also struggling with whether to enter or not, it’s a good idea to observe the on-chain data and holdings distribution yourself.
Also, XNY is already on the radar over there, and the next opportunity might be with that. Everyone, manage your own pace.