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詳情:https://www.gate.com/announcements/article/50291
For token types like COS, it's better to go long than to short, and there are three reasons:
First, it belongs to a low market cap + high concentrated holdings structure, which means the cost of pumping is not high, implying the possibility of sudden surges at any time;
Second, although it's an old coin issued in 2018, there are still large amounts of tokens in a locked state, with unlock periods potentially extending until 2031.
Considering the overall structure of COS mentioned above, during the token unlock period, major holders have a high probability of increasing chip value through various methods;
Finally, COS's current extreme negative funding rate is extremely unfavorable to short sellers. In the time ahead, even if the coin price doesn't continue to rise, as long as it remains sideways and funding rates stay unchanged, the cost of shorting will increase with time.
By then, even if COS declines, the profits from short positions may not be enough to cover funding fee erosion. Since it's inherently a small-cap token with limited downside space, the probability of this situation occurring will increase significantly.
Overall, the cost-performance ratio of going long is far superior to shorting. Even chasing pumps carries less risk than shorting. $COS