Short Selling Solana Meme Coins Can Wipe You Out: Here Are The Risks

Dumpy.fun becomes the first platform for shorting Solana meme coins.  There are significant risks with short-selling any asset.  Risks also extend to lenders on the platform.  Meme coins are among the most volatile assets in crypto, driven mostly by hype. Their prices fluctuate wildly, going up and down much more than other tokens. So far, however, traders were only able to bet on each coin going up.  Most recently, Save Finance, formerly known as Solend, introduced a platform that enables traders to bet against these tokens. Dumpy.fun, styled after the popular pump.fun, enables traders to short meme coins and

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