$ANIME Wow, the Hat Guy has shorted three altcoins, with two, Anime and Bob, making it to the top of the decline list, and the remaining one is FARTCOIN, which is currently quite strong, preparing to increase short positions at 1.4~1.5. Let me briefly explain the shorting logic of these two coins.
ANIME: This is a token derived from the Azuki NFT collection. Those who have been in the NFT space for a long time know that the founder of Azuki raised multiple NFT series to make money before issuing the token. The issuance of Azuki's token was also purely for profit. Moreover, tokens are being unlocked every month, having already surged 3-4 times, with a market cap of several hundred million. It is predicted that the market maker cannot keep pushing the price up, so I went in with a small short position.
BOB: Many KOLs in the square are promoting it, and I've observed that many retail investors have jumped on board, asking why BOB isn't pushing the price up. Additionally, there are many likes on posts in the BOB community, indicating that retail investors have fully entered. With a market cap of 50 million, BOB is considered relatively large on the BSC chain, so I decisively shorted it.
Currently, both coins have taken profits, achieving over 30% decline. The overall market is warming up, and I am preparing to explore more trashy altcoins to short lightly; it seems it’s planting season again.
