$PIPPIN Why I said it will definitely crash.


First, since Pippin launched until now, everyone needs to understand how long it's been. Look at COAI, MYX, BEAT, and you can even compare previous meme coins. After all this time, there's no point for the whales to keep pumping. If you were in their position, would you choose to pump at the original high, or pump now to help people at the top break even? It's better to pump a new target and create another meme coin from scratch.

Second, look at the recent price action—it hit 0.42 at the highest, then fell back down, going back and forth repeatedly many times. This is when the whales are laying out their exit strategy. If they can't break through higher resistance, then a crash is coming.

Third, Pippin has had a negative funding rate recently, which is just baiting longs to enter. Going back and forth like this makes some people think it'll pump again after a dip. Plus with the negative rate, they pushed it to -2 last night, which shows the whales are already using maximum effort to attract people to take over their bags. Once people form a mental habit, they'll mechanically go long again and again.

I thought the funding rate would turn positive by 4 o'clock. I didn't think the dog whales were this vicious—they didn't even give the bulls some fee relief.

So tell me, if it doesn't crash yesterday, when will it crash? Anyone calling for pumps right now, I'm blocking them all. These people are either stupid or malicious!
#Pippin
PIPPIN-29,19%
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GateUser-7d3d42ffvip
· 4h ago
Ape In 🚀
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jxzdvip
· 4h ago
No, the maker's negative funding rate successfully forced me out of my short position, and I had to re-enter. But it kept baiting bulls multiple times and really messed with my short position psychology. The maker's routine is eating short position fees while eating long position principal. Even though it's a downtrend, shorts are actually very difficult to hold.
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