The PIPPIN project might be doomed, and the manipulative tactics of the market makers are worth warning about. It appears to be like this: publicly announcing a short position, while actually holding a large long position. When retail investors follow the trend and short, the market maker directly dumps the market, selling off their long positions to cash out. What happens next? The short side is likely not to close their positions, creating a classic scenario of both sides getting caught—taking out both long and short leverage, while also earning trading fees. If this coin can still be forcibly pumped, it might survive; but if it consolidates or continues to fall, it's basically a death sentence. The investment logic of such projects has completely collapsed, and the risks involved are extremely high.

PIPPIN24.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
WhaleWatchervip
· 18h ago
It's the same old trick again, short positions smashing long positions for cashing out, retail investors caught in the middle, speechless. --- Wait, this whale is too blatant, how come they haven't been sanctioned for both long and short positions? --- Pippin? Never heard of this project, but this operation method is really shady. --- Haha, is the exchange performing a silent play? This kind of thing happens every day. --- Sideways trading to death, no doubt about it. Entering now is basically just giving away money. --- Both longs and shorts are being eaten up, only the whale is full and satisfied. --- That's why I only do spot trading; leverage is too easy to be slaughtered. --- Thinking of those brothers caught in positions again, really no one can walk out alive.
View OriginalReply0
PuzzledScholarvip
· 18h ago
It's the same old story, I’ve memorized the script of the manipulators cutting the leeks They really can manipulate both bulls and bears, retail investors are just waiting to be slaughtered lambs PIPPIN this crappy coin should have died long ago, I already ran away Looking at these projects just makes me annoyed, they have no bottom line at all One word: don't touch
View OriginalReply0
GasFeeSobbervip
· 01-07 22:53
Here is the translation: It's the same old trick again, I was wondering why it looked so familiar. --- Double manipulation game, a classic among classics, I've seen it too many times. --- PIPPIN? Never heard of it. The fact that the whales are so blatant is truly astonishing. --- Sideways dead, pump and dump dead too, this coin is hopeless. --- Not closing the short position is a brutal move, directly trapping retail investors. --- If you don't have a long position, you can't tell the difference at all. It's too difficult. --- It's always like this. When will I be able to catch the whales once? --- Instead of just watching projects, it's better to learn how to identify these tactics of cutting the leeks. --- I've seen both long and short manipulations, but playing so blatantly is indeed rare. --- The basic market is already rotten through, I advise everyone not to touch it.
View OriginalReply0
YieldFarmRefugeevip
· 01-07 22:52
It's the same old trick again. Retail investors really need to learn from this. The method of both bullish and bearish manipulation is overused, and someone always falls for it. Projects like PIPPIN are obviously doomed; they just stagnate and no pump can save them. The big players finish their manipulation and then run away. Are we here to buy the dip? No thanks. This coin is basically worthless. Continuing to watch is just a waste of time.
View OriginalReply0
GweiWatchervip
· 01-07 22:43
It's the same old trick, I've seen it all along. Double-sided manipulation is truly brilliant. I'm already tired of the market maker's tactics, always the same every time. PIPPIN, this trash coin, should have died long ago. I advise everyone not to touch it. The short side definitely won't close their position, just waiting to be trapped. Sideways trading is death, continuing to fall is even worse, this project is beyond saving. I don't look at these kinds of markets at all, the risk is ridiculously high. The market is openly short but secretly long, retail investors are just a cash machine. Dumping to cash out, earning transaction fees, it's that simple and brutal. Forced pump attempts can't save it, it's basically a death sentence. The investment logic has completely collapsed, who would still dare to enter this trap? The double-sided manipulation trick is so cheap, traders involved in this kind of scheme are really inhuman. It can't rise, and the limit-down is the story of this coin.
View OriginalReply0
GasFeeWhisperervip
· 01-07 22:39
It's the same old trick again, retail investors getting slaughtered. Bull and bear traps are really brilliant; the market makers earn transaction fees and conveniently collect an IQ tax. PIPPIN, this crappy coin should have died long ago; there's nothing interesting about it.
View OriginalReply0
LiquiditySurfervip
· 01-07 22:32
This kind of long and short double trap is old hat, retail investors are still rushing in desperately. The dealer's tactic, to put it plainly, is a liquidity trap. It looks deep but is actually just an illusion. PIPPIN's situation is basically a death sentence. Without a pump, it can't even stand firm. No matter how high the LP returns are for projects like this, I wouldn't touch them. The risk premium has already collapsed. The true surfing entry points have long passed. Entering now just gets you bitten by sharks. The dealer definitely makes a full profit from the transaction fees, while retail investors suffer heavy losses.
View OriginalReply0
ApeEscapeArtistvip
· 01-07 22:25
It's the same old trick, I'm already tired of it. The manipulators have really perfected the script. This double-kill tactic works over and over again, showing that our circle still has too many retail investors. PIPPIN should have been phased out long ago, there's nothing to fuss over. Long and short both profit, fees are free, it's great, but it’s tough on retail investors. Sideways trading means death, this judgment is spot on.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)