$PIPPIN
How can a coin keep going up? Does it not take money?
Yes and no. Here is how
- Pippin manipulaters don't allow margin. Only spot and futures.
- They control almost all spots. So nobody can sell. As nobody owns.
- They buy spot themselves, keeping spot above futures.
- Now shorts pay hourly funding fees.
- They use this fees to buy more futures and fuel short squeeze.
In nutshell, dumb short sellers have been paying fees to fund their own squeeze.
This can continue for a long time as funding fees are being re channelled back to fund short squeeze.
A mega ponzi.
