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Solana Memecoin Protocol Announces Game-Changing Short Squeeze Platform That Will Definitely Not Be a Disaster

An illustration: A cartoon hedgehog wearing a party hat is being squeezed by an invisible force from behind while desperately trying to hold onto a balloon that has already started popping and releasing confetti everywhere; in the background there are several other balloons with different memecoin logos on them, some of which have also popped. The scene takes place at night under bright lights with people cheering around it. In front of the hedgehog is a big sign reading "SQUEEZY LOL" while above it another one reads "NEW ERA OF PVP".

The cryptocurrency world is at it again with a new scheme that’s sure to make you laugh – or cry, depending on how much money you’ve lost already.

Source: cointelegraph

A Solana protocol initially designed to short memecoins is launching a new app that will do the exact opposite, allowing users to go long on heavily shorted tokens.  In an Aug. 20 X post, the Dumpy.fun protocol — which borrows its namesake from the highly profitable Solana memecoin deployer pump.fun — said it would launch a short-squeeze tool called “squeezy.lol” next week on Aug. 27.  The shorting platform said the […]

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