Why Is PIPPIN Price Up 120% Today?
BeInCrypto
PIPPIN's price surged 120% due to aggressive accumulation by large holders and a growing base of unique investors.Summary
The meme coin PIPPIN experienced a sharp surge, gaining 120% intraday to reach a new All-Time High (ATH) of $0.392, trading at $0.338 at the time of writing. This rally is fueled by renewed investor demand and significant accumulation by PIPPIN whales, who increased their holdings by 15% over the past week, signaling strong confidence. Furthermore, the number of unique PIPPIN holders has expanded to over 31,170, reflecting organic adoption and improved market liquidity. If bullish momentum continues, PIPPIN could target resistance levels at $0.349 and $0.403, potentially aiming for $0.500. Conversely, profit-taking could lead to a retracement toward the $0.255 support level.
(Source：BeInCrypto)