**News Flash: Solana Protocol Launches New Tool for Memecoin Traders**

A Solana-based protocol, Dumpy.fun, is flipping the script on its original purpose. Initially designed for shorting memecoins, the platform is now introducing a tool to go long on heavily shorted tokens.

Starting August 27, the new app, squeezy.lol, will enable traders to identify and capitalize on the most shorted memecoins. This "squeeze explorer" aims to trigger short squeezes, where rapid price increases force short sellers to buy back assets, driving prices even higher.

Dumpy.fun, known for supporting 11 memecoins like Dogwifhat (WIF) and Bonk (BONK), will also allow users to short newly created tokens. This marks a new era of aggressive, player vs. player trading in the memecoin market.

Stay tuned for more updates as the platform evolves!