PIPPIN, that plucky little meme coin, is having a day out, what ho! 🥳 Surging like a wizard on a broomstick, it’s up 120% today, leaving investors grinning like a troll with a new shiny.
Why, you ask? Well, it seems the big fish-or should we say, the whales-have taken a fancy to it. 🌊💰 Renewed support from these deep-pocketed chaps has sent speculation into overdrive, faster than a dwarf with a grudge.
Whales Are Gobbling PIPPIN Like It’s Second Breakfast 🍳
According to the clever folks at Nansen, PIPPIN whales-those with wallets heavier than a dragon’s hoard ($1 million+)-have been hoarding like there’s no tomorrow. Over 48 million PIPPIN have been snaffled up in the past week, a 15% jump in holdings. Talk about confidence! Or madness. Probably both. 🤪
This whale-sized appetite is sending retail investors into a frenzy, who see it as a sign to pile in. After all, when the big boys buy, the little ones follow-like sheep, but with more spreadsheets. 📈
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Holderscan, that trusty old watchdog, confirms the party’s getting bigger. Unique PIPPIN holders have ballooned to over 31,170-an 11.8% jump in two weeks. Organic growth, they call it. Or, as we like to say, more fools to the feast! 🎉
More holders mean more liquidity, which is like a safety net for the price-unless everyone decides to jump at once. Then it’s less safety net, more trampoline into the abyss. 🤸♂️
PIPPIN’s Price: To the Moon, or Just a Fancy Firework? 🚀✨
At the time of scribbling, PIPPIN’s trading at $0.338, after hitting a peak of $0.392-a new all-time high! That’s a 120% intraday gain, enough to make even a dwarf blush. If the whales keep munching and holders keep growing, $0.500 might not be just a pipe dream. 🌕
But beware! Rapid rallies are like a goblin’s promise-unreliable. Profit-taking could send PIPPIN tumbling back to $0.255, or worse, $0.186. Then it’s not a moon shot, but a crash landing. 🪂
So, will PIPPIN soar to the stars, or fizzle out like a damp firework? Only time-and the whims of the whales-will tell. Until then, grab your popcorn and enjoy the show! 🍿🎢
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2025-12-10 14:53