2025-12-24 08:31:35

Pippin skyrocketed from a market cap of 20 million USD to nearly 500 million. Honestly, this kind of increase is a bit outrageous. But dare you say that this coin has any real value? None. Who still believes that there isn't a big player manipulating it?

Funding rates are settled every hour. Those who are shorting are having a tough time; they are already suffering heavy losses without liquidation. After scanning the market, there are actually quite a few short positions, but strangely, this coin just refuses to drop.

To be honest, who sets the funding rate that is settled every hour? The exchange backend? Or some big funds manipulating behind the scenes? This is a question that needs to be thought through.

PIPPIN10.14%

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Frontrunner

· 8h ago

The funding rate system is inherently transparent, so it's not the exchange's fault. The real question is where is all the money in the market flowing to? Short sellers are being pressed to the ground and rubbed, what does that indicate? Retail investors can never beat the rhythm of the big players. This coin grew from 20 million to 500 million, clearly a carefully designed trap. Without fundamental support, this wave will inevitably fall back.

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MoonRocketman

· 8h ago

Funding rate, you know, is basically the fuel refilling chart for big players. It settles every hour, just hitting the launch window for short liquidations. The coefficient is set so cleverly. Who set it? The exchange? Big funds? Honestly, it’s all the same. Retail investors are just being used as fuel to burn, and Pippin’s trajectory completely leaves no room for the shorts to survive.

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ChainWatcher

· 9h ago

This increase is really hard to understand, it feels like big players are manipulating it. With such high fees, how uncomfortable must shorting be? Who believes this is a natural rise? LOL Why can't it just keep falling? It's a bit strange. There must be some tricks with the exchange, I've thought this for a while. This coin has no real fundamentals, it's purely a game of hot potato. Those who got liquidated on short positions probably lost a lot.

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BlockchainBard

· 9h ago

A 25x increase without fundamental support, this is clearly big players playing with fire. With such high funding rates and stubbornly holding on, the guys shorting must have strong nerves—it's heartbreaking.

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MidnightSeller

· 9h ago

With such high funding rates, shorting is really like giving away money.

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APY追逐者

· 9h ago

25x increase, 0 actual application, isn't this just a textbook operation of a Ponzi scheme? --- Friends who are short and get liquidated cry in the bathroom, the funding rate vampire machine is running --- Who decides the funding rate? The exchange or the market makers? Anyway, retail investors are the last to know --- Pippin is ridiculous, no project, no ecosystem, purely relying on fee harvesting. Is this the crypto world or a casino? --- Funding rates are settled every hour, and the blood flows in the short positions. This design is really clever --- Why does a market cap of 500 million just depend on no one daring to take the opposite position? Laughing to death --- Scanning around, there are so many short positions but it still doesn't fall. It can only mean that big players are pulling the strings behind the scenes

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