{"id":27284,"date":"2024-08-21T21:00:02","date_gmt":"2024-08-21T18:00:02","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=27284"},"modified":"2024-08-21T11:40:22","modified_gmt":"2024-08-21T08:40:22","slug":"solana-protocol-launches-squeezy-lol-for-long-positions","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/","title":{"rendered":"Solana Protocol Launches ‘Squeezy.lol’ for Long Positions"},"content":{"rendered":"

Originally intended to short memecoins, a Solana protocol<\/strong> is releasing a new app that would do the exact opposite\u2014let users go long on highly shorted tokens.<\/p>\n

Said to be launching a short-squeeze tool dubbed squeezy.lol<\/strong>\u00a0next week on Aug. 27, the Dumpy.fun<\/strong> protocol, which draws its name from the very profitable Solana memecoin deployer pump.fun<\/strong>, said in an Aug. 20 X post<\/a>.<\/p>\n

Referring to the aggressive player-versus-player trading that memecoins support as an asset class, the shorting platform said the new tool would bring in a “new era of PVP.”.<\/p>\n

With a new tool called the “squeeze explorer,” which shows the most shorted memecoins, the Squeezy.lol<\/strong>\u00a0platform will let memecoin traders “take the other side” of dumpy.fun<\/strong>.<\/p>\n

The platform claimed the new tool would let investors identify highly shorted assets and provide traders with chances to organize memecoin communities to cause a “short squeeze.”<\/p>\n

Dumpy.fun<\/strong>\u00a0lets its users create short Solana memecoins<\/strong> with low leverage, which, considering the steep drop in the price of Solana-based memecoins<\/strong> over the past few weeks, would have presented a profitable possibility to many traders.<\/p>\n

Shorting an asset\u2014such as a cryptocurrency\u2014is the practice of traders betting on the declining price of that asset. When the price of a substantially shorted asset rises rapidly and drives short sellers to acquire more of the asset to cover their cost basis, a short squeeze results.<\/p>\n

With thousands of retail traders forcing hedge funds to liquidate their short positions as the price of the company’s shares surged over 1,500% in a month, the GameStop drama of 2021 stands as one of the most well-known instances of a short squeeze.<\/p>\n

Currently supporting 11 memecoins overall\u2014Dogwifhat (WIF), Wen (WEN), and Bonk (BONK)\u2014it announced it would include permissionless listings, allowing users to short freshly minted tokens of their choosing.<\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em>the latest\u00a0news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Originally intended to short memecoins, a Solana protocol is releasing a new app that would do the exact opposite\u2014let users go long on highly shorted tokens. Said to be launching a short-squeeze tool dubbed squeezy.lol\u00a0next week on Aug. 27, the Dumpy.fun protocol, which draws its name from the very profitable Solana memecoin deployer pump.fun, said<\/p>\n","protected":false},"author":6,"featured_media":27287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8047,6173,319,8046],"class_list":["post-27284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dumpy-fun","tag-pump-fun","tag-solana","tag-squeezy-lol"],"yoast_head":"\nSolana Protocol Launches 'Squeezy.lol' for Long Positions - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Protocol Launches 'Squeezy.lol' for Long Positions - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Originally intended to short memecoins, a Solana protocol is releasing a new app that would do the exact opposite\u2014let users go long on highly shorted tokens. Said to be launching a short-squeeze tool dubbed squeezy.lol\u00a0next week on Aug. 27, the Dumpy.fun protocol, which draws its name from the very profitable Solana memecoin deployer pump.fun, said\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-21T18:00:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-21T08:40:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/\",\"name\":\"Solana Protocol Launches 'Squeezy.lol' for Long Positions - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg\",\"datePublished\":\"2024-08-21T18:00:02+00:00\",\"dateModified\":\"2024-08-21T08:40:22+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Solana squeezy.fun dumpy.fun\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana Protocol Launches ‘Squeezy.lol’ for Long Positions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Solana Protocol Launches 'Squeezy.lol' for Long Positions - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/","og_locale":"en_US","og_type":"article","og_title":"Solana Protocol Launches 'Squeezy.lol' for Long Positions - Coin Engineer","og_description":"Originally intended to short memecoins, a Solana protocol is releasing a new app that would do the exact opposite\u2014let users go long on highly shorted tokens. Said to be launching a short-squeeze tool dubbed squeezy.lol\u00a0next week on Aug. 27, the Dumpy.fun protocol, which draws its name from the very profitable Solana memecoin deployer pump.fun, said","og_url":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/","og_site_name":"Coin Engineer","article_published_time":"2024-08-21T18:00:02+00:00","article_modified_time":"2024-08-21T08:40:22+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/","url":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/","name":"Solana Protocol Launches 'Squeezy.lol' for Long Positions - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg","datePublished":"2024-08-21T18:00:02+00:00","dateModified":"2024-08-21T08:40:22+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/1_T-dhr2VRjHadS6bP3aoQHw.jpg","width":1280,"height":720,"caption":"Solana squeezy.fun dumpy.fun"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/solana-protocol-launches-squeezy-lol-for-long-positions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Solana Protocol Launches ‘Squeezy.lol’ for Long Positions"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/27284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=27284"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/27284\/revisions"}],"predecessor-version":[{"id":27312,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/27284\/revisions\/27312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/27287"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=27284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=27284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=27284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}