$ALPINE This can indeed be shorted, mainly because there will be a huge unlock in October, and its daily trading volume is only 8 million, which the market simply cannot absorb, making it very likely to be smashed down.

Technically, it is also unreliable, as the hype has significantly decreased, and there are key audit delays, raising doubts about the stability of the mainnet.

In terms of competition, it cannot compete with older platforms that have more users and sufficient funds, lacking highlights.

The on-chain situation is even worse, with locked funds continuously decreasing, and the money earned by the protocol is not enough to distribute rewards, leading to a vicious cycle of "mining and then selling," causing prices to drop even lower.

At the same time, a large holder transferred 3 million tokens to the exchange, clearly indicating a sell-off.

Following the movements of large funds, the risk of shorting is relatively smaller.

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