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$Lab The timeline is filled to capacity.
In fact, at the end of the day, these kinds of coins are just a clear gambling game in the market; everyone knows the house is going to pump and then cause a short squeeze (making money when going long), and everyone knows it will eventually crash (making money when going short).
With these two obvious carrots dangling, speculators are naturally eager and can't resist, eager to try their luck.
The crypto world has gone through waves to reach this point; there probably aren't many big influencers who are truly naive and purely opening shorts for hedging purposes.
Apart from this small group of naive newbies, 99% of the rest are just speculators.
The house opens a clear gambling game, and you also know it's a gamble; voluntarily stepping into the game, the rest is just about skill, with no regrets or complaints.
But unlike a casino, the house can see all cards and chips; this is a non-symmetric game, and the house is guaranteed to profit.
Don't expect to win the house's money; at best, you're following the house to earn money from other players, so no one is more noble than anyone else.