How $Siren deceived everyone. Surely many of you have seen the rapid rise of this coin, followed by an equally rapid fall. But despite such volatility, only a few profited from this, while most people lost money. But why? Because you were playing cards with hustlers and hoping to win against them. Firstly, no one knew when the reversal would happen, and shorts were already placed at prices of 1, 2, and even 3 dollars. But the hustler pumped the coin to over 4 dollars, just for a few minutes, but that was enough to shave off all the short sellers, even in cross margin. Plus, the funding for short sellers during this time was outrageous, around 2% per hour! So people in shorts were nervous and losing money just from an open position. Secondly, almost no one had this coin to unload at a high price; 90% of all coins are held in just 10 wallets, and these are surely the creators. And thirdly, those who went long were periodically shaved, lowering the price by 50% in a day. So trying to profit from SIREN, you were playing cards with hustlers who saw all your stops, take profits, and liquidations. Of course, some got lucky and managed to make money, but with the same success, you could have lost everything.