The fully circulating memes on the Sol chain have really crazy price movement. $PIPPIN is a typical example recently—the market maker pumped without any restraint.

Why? There are too many people shorting. If it doesn't pump, it won't work. A few days ago, someone even went live to short, isn't that clearly going against the market maker? Can they be happy about that?

The most feared thing about this fully circulating asset is being targeted. When the chips are concentrated, it can be easily pumped up, but it can also be quickly smashed down. However, at this stage, the market maker must first clean up the short positions before considering offloading.

Think about the previous price movement of $GRASS and $MYX - it's all the same pattern: first pump the shorts, then slowly increase the volume and drop.

So don't rush to buy the dip; wait until the short selling funds are exhausted, and the real decline will come.