I think it's really, really, really fucking funny that we had like 15 perp DEXs pop up out of nowhere and not a single person stopped to ask if it was a good idea to give people 20x leverage on tokens like DogeWifHat, and now we are seeing in real time that it was not.
market is simply testing and asking questions
Question: Can the dumbest fucking traders you know handle 20x leverage on tokens with 300k in liquidity where some dude who owns 18% of the supply between 600 wallets can dump all of it with the push of a single button?
Answer: No
Who would have guessed
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