pippin Price(PIPPIN)

PIPPIN experienced a sharp 49% price decline, falling from the $0.35–$0.40 range to around $0.19. On-chain data indicates that two wallets transferred approximately $560,000 worth of PIPPIN to Gate.io just minutes before the sell-off began. The rapid price drop triggered a cascade of long liquidations, flipping the funding rate deeply negative to -0.8. The move underscores how exchange inflows and derivatives activity can rapidly shift sentiment in low-liquidity markets. While the market is now short-dominated, the extreme positioning could also set the stage for a short-term rebound if buying interest returns.

PIPPIN's price experienced a sharp decline from its peak of $0.90, falling to around $0.0915, driven by aggressive selling pressure and long liquidations. Open Interest dropped by 40%, indicating a significant exit of speculative capital and a fragile market structure. However, the token has recently stabilized between $0.082 and $0.10, with RSI recovering from oversold levels and trading volume declining—suggesting seller exhaustion. A break above the $0.113 resistance could signal a short-term bullish reversal, potentially pushing the price toward $0.15.

PIPPIN's price crashed by 33% in a single day, erasing $37.35 million from its market cap. The sell-off was triggered by a significant buildup of short positions and collapsing perpetual trading volume. Over $2.62 million in futures were liquidated, mostly from long positions. Broader bearish sentiment due to the West Asia crisis also contributed. The token has lost over 92% of its value since late February. However, the price is showing signs of a potential rebound after holding a key support level at $0.0427. If sustained, an 81% surge to $0.107 is possible. The ADX indicator suggests strong directional momentum.

PIPPIN, a Solana-based memecoin, has declined over 10% in the past 24 hours, trading at $0.0512. This drop is attributed to a significant whale sell-off, with large holders reducing their positions by 25%, signaling fading interest. Trading volume also fell 18% to $40.20 million. Derivatives data shows traders are increasingly bearish, with more short positions than longs. The price is consolidating near a key support level of $0.0427. A break below could lead to a sharp decline, while holding support and breaking above $0.0599 may allow an 82% rally. Currently, PIPPIN trades below the 9-day EMA, indicating short-term bearish momentum.

PIPPIN experienced a severe market crash, plummeting over 44% from nearly $0.80 to around $0.035, driven by a liquidation cascade that forced approximately $3.03 million in positions to close—$2.30 million of which were long positions. This sharp decline reflected a shift from expansion to exhaustion, wiping out speculative momentum and triggering a market reset. The price structure weakened, showing lower highs and fading demand throughout March. Currently, PIPPIN is stabilizing near the $0.03–$0.037 support zone, with RSI indicating oversold conditions at 27.9, suggesting reduced selling pressure. The market remains fragile; holding this support could lead to a relief bounce toward $0.15, but failure may result in further downside, extending the reset phase.