Suspecting market manipulation just because someone's launching a coin? Don't even bother—first day in crypto? Which coin in the crypto space isn't like this? You think the market moves on collective power? There's no collective power in the market anymore—it's all fraud.

Then there's talk about high control of the coin. What's wrong with high control? Coins that aren't controlled just experience continuous decline, get dumped, get delisted, and go to zero. Are you satisfied with that instead?

Shorting Siren won't end well for anyone. Guess who the funding rate is designed to stop? I've observed a lot of these manipulated coins—they only have a chance to drop after a few days when market enthusiasm fades.