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Top Trader Accumulates Solana-Based Memecoin, Says Time Is Ticking Before Crypto Bears See Short Squeeze

WIF is one of the fastest horses in the memecoin sector and he believes it will continue to show relative strength until the end of the bull market

At time of writing, WIF is worth $2.30, up over 14% in the past day.

As for the broader digital asset market, the Flow Horse says that crypto bears are at risk of falling victim to a short squeeze after altcoins rallied last week while Bitcoin consolidated at $60,000.

A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower to pocket the difference are forced to buy back the assets they borrowed as momentum moves against them, triggering further rallies.$WIF