BigShort launches BigShort101, a chain-burn scheme for top-100 memecoins via SHORT
- —BigShort101 links the buying and burning of 100 memecoins into a single chain via SHORT
- —Burns cascade by rank: token No. 1 buys and burns No. 2, continuing down to No. 100
- —Transaction tax, burn schedule and token-selection criteria remain undisclosed
- —LBank lists SHORT/USDT with a 0.2% maker and taker fee; withdrawals start Sept. 28
Why it matters: The chain-burn design could briefly pump top-100 memecoin prices, but opaque rules raise risks for SHORT buyers.
Source: TokenPost