According to PANews, Solana protocol Dumpy.fun has introduced a new platform named Squeezy.lol, aiming to reverse its initial strategy of shorting memecoins. Squeezy.lol will enable users to engage in reverse trading, potentially triggering a short squeeze on heavily shorted memecoins. Since July, the crypto memecoin market has experienced a loss of $13 billion, with the current market capitalization standing at approximately $40 billion. Dumpy.fun has transitioned from private testing to public testing, allowing users to start shorting memecoins on the platform. Squeezy.lol is set to officially launch on August 27. This initiative could alter the PvP nature of memecoin trading, drawing parallels to the short squeeze event involving GameStop in 2021.