Trending Meme Coin PIPPIN Collapses by 50%: Classic Rug Pull or Buying Opportunity?
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Meme coin PIPPIN collapsed by ~50% over the past 24 hours after a prior staggering rally, highlighting extreme price volatility and downside risk for token holders. Sharp drop raises suspicion of a rug pull or liquidity stress rather than healthy adoption; short-term rebound is uncertain and could hurt market confidence in similar crypto/meme token launches.
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The meme coin PIPPIN, which was among crypto’s rock stars not long ago due to its staggering price increase, has crashed by approximately 50% over the past day alone.
The big question now is whether a rebound is on the horizon or if this was a textbook rug pull, signaling that things may only get worse from here.
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In This News
Coins
$ 0.0173
+0.75%Predictions Markets
See what traders are focused on
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