DOGE’s current leverage long/short ratio has skyrocketed past 100, and every train car seems packed with people betting on a surge to the upside. But amid this extremely crowded long frenzy, very few bother to do the hard math: every day, DOGE is artificially issuing the equivalent of $1.4 million worth of tokens out of thin air.
This isn’t an abstract economic concept—it’s the sell pressure that is hammered onto the order book every single day. A buy-side demand propped up purely by emotions simply cannot fill this bottomless pit that keeps draining liquidity.
The chips are being minted continuously, while retail traders desperately pile on leverage to take the other side. This fragile structure is destined to end with a brutal downward liquidation. Before the longs are wiped out clean, don’t go guessing where the bottom is.
#DOGE
This isn’t an abstract economic concept—it’s the sell pressure that is hammered onto the order book every single day. A buy-side demand propped up purely by emotions simply cannot fill this bottomless pit that keeps draining liquidity.
The chips are being minted continuously, while retail traders desperately pile on leverage to take the other side. This fragile structure is destined to end with a brutal downward liquidation. Before the longs are wiped out clean, don’t go guessing where the bottom is.
#DOGE