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Trending Meme Coin PIPPIN Collapses by 50%: Classic Rug Pull or Buying Opportunity?


Trending Meme Coin PIPPIN Collapses by 50%: Classic Rug Pull or Buying Opportunity?

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AI Overview

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.

Bearish

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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.

Read the article at CryptoPotato

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$ 0.0164

-4.51%

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In This News

Coins

$ 0.0164

-4.51%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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