Meme coins drive short sellers crazy; true love survives bull and bear markets, getting thinner and richer; "100x coins" are all scams.
Written by: Nicky, Foresight News
Welcome back to Hot Take, where every week we take you to witness the magical reality of the crypto world—short sellers getting liquidated, long-term love stories, and official media name-dropping.
RAVE Surges 60x, Driving Short Sellers Crazy
From April 9 to 17, RAVE token soared from $0.314 to $19.3, an increase of over 60x.
Many people refused to believe it and chose to short. Then... there was no then.
Blogger Liang Xi General stated that the main reason for RAVE's rise is that the "Liang Family Army" went short collectively 🤔.
A large number of "down-to-earth" spicy comments emerged on Binance Square:
The netizen who shorted RAVE at $5.73 doesn't know what to do anymore 🥹, luckily it was 1x leverage.
Another netizen who thought there was pressure on the rise said, "Brothers, do you dare to short?" but he has already lost 1330.54%!.
Netizen's spicy comment: Why is it pumping? I was waiting to short at $20, you little shrimp.
A netizen planned to short at the "lucky number" $18.88, but the order didn't get filled.
A netizen quoted a screenshot imitating the "Wuhu Dasima" account, saying that just a 23% fluctuation caused a loss of 1.4 million 😱!
Some netizens are confused about this sharp pump 🤔, why isn't the platform regulating this obvious market manipulation?
A netizen who was ready to start a "10000x journey" shorted RAVE around $1, and now it seems he has completed a "zeroing journey."
Blogger Welsey posted a screenshot of shorting RAVE, having lost nearly $2.5 million at the price of $5.35.
Reddit "True Love" Meme: Surviving Bull and Bear Markets, Thinner and Richer
Someone posted a thread on Reddit titled "True Love."
The accompanying image is a comparison photo: 2018 vs 2026.
In the 2018 photo, a man and a woman stand holding hands with labels: Male: ETH $1600, Female: BTC $20000, both are slightly overweight.
In the 2026 photo, the same two people have changed labels: Male: ETH $1600 (unchanged), Female: BTC $70000, and the woman has become slim and elegant, while the man... still has the same build.
The man looks at his ETH which hasn't increased in eight years, then at his thinner and richer wife, and his inner monologue: "Should I be happy or jealous?"
A netizen commented: If ETH has a big move soon, you have to photoshop the muscular 💪 Vitalik (founder of Ethereum) onto that guy.
Netizen's spicy comment: $1600 is $1600, but he was affected by inflation...
A reply said: If he had invested his money in valuable projects, he could have earned a lot. So he lost twice 🤣!
A netizen said: This is about long-term games.
A reply asked: So how long is the "long-term" we're talking about? Centuries?
1 ETH =1 ETH. Not many people understand.
(Similar to 1 BTC=1 BTC? Regardless of price? 🤔)
So holding ETH makes you taller? Got it! (Note: The man in the photo looks taller 🤣.)
Netizen's spicy comment: Oh my god, she lost weight! (Or did he take a photo with someone else?)
A careful netizen in the comment section replied: I've seen this meme for a long time, and I always thought it was the same woman because of the text description. If you look carefully, whether it's the shoes, their relative positions, her leg length and where her knees should be—none of it looks right if it's the same person.
Where can I buy ETH at $1600? (The current price of ETH is $2357.)
People's Daily Names "100x Coins": Don't Believe Them, They're Black/Grey Industries
On April 14, People's Daily published an article titled "Disrupting Capital Markets, Spreading Enterprise-Related Rumors, Directing Traffic to Black/Grey Industries—Chaos of Financial Self-Media Accounts Needs Vigilance."
The article names some accounts that direct traffic to illegal activities like black/grey industries by publishing false profit information such as "100x coins" and "earn millions monthly from crypto trading."
The article again cited a previous notice from the central bank and eight other departments, emphasizing that virtual currency-related business activities are illegal financial activities, and pointed out that accounts and platforms providing traffic and technical services for illegal virtual currency transactions are suspected of violating laws and regulations.
However, on the other hand, RAVE did surge 60x this week...
Netizen's spicy comment: RAVE really pumped 100x, many people lost money shorting it, so it seems to be true.
A reply said: There are many short sellers, otherwise how could it rise so much.
A netizen said: I believe the A-share market will reach 10,000 points soon!
A netizen commented: The A-share market also cuts leeks.
A reply said: The essence of finance is harvesting.
Netizen's spicy comment: Online harvesting scams are endless.
A reply in the comment section said: I learned global politics, English, airdrop hunting, etc., just to get my money back 🫢.
Some netizens also said: There are still many 1000x and 10000x coins in the crypto circle 😎.
Netizen's spicy comment: Earning millions monthly from crypto trading isn't normal? 🥹
A netizen who keeps up with current events replied: ORDI doubled directly in the past two days.
From RAVE driving short sellers crazy, to the heartbreaking truth of the true love comparison meme, to official media criticizing "１00x coins"—this week, some people got liquidated in the surge, some people became beautiful in love, and some people were named in the news.
The world is a huge makeshift stage, but Hot Take is responsible for bringing you the outrageous surges, real love, and serious warnings together.
Wish you all a happy weekend: Don't get carried away with long positions, don't gamble with your life on short positions, and don't only look at crypto prices when in a relationship.
Happy weekend, see you next week!
(This content is derived from public information and online discussions, presented in a lighthearted way, for reference only.)