BANANA and other popular altcoins have recently shown some movement again. The funding rate has already reached -0.144%, which is actually a very interesting signal.

The day before yesterday in the early morning, while watching the market, a fan asked whether this coin could be traded. A quick glance at on-chain funds and order book—there is indeed some potential. This wave of upward movement just started to pick up volume, and there is still quite a bit of room for long positions. The suggestion is to take advantage of the doubling of hype and exit, rather than trying to eat the last bit.

Anyone who has played with BANANA knows that this type of MEME coin has a strict rule: every time it surges, it inevitably crashes. Now the funding rate is negative, which seems to support a logical short position. But there is a catch— not all negative rates are suitable for shorting, and the entry point is very important.

If you're still debating when to short BANANA, it might be better to pay attention to the real-time discussion in the chat room. For such highly volatile assets, tracking news flow and on-chain data streams in real time is more reliable.

Ultimately, the game rules for MEME coins are like this—chase the hype and profit from the spread, but know when to fully exit.