logo

Solana Ecosystem Meme Coin PIPPIN Surges Against the Trend by 61%, Analysts Say Bulls Showed Strong Buy-side Control

By: theblockbeats.news|2025/12/01 03:45:59
Share
copy

BlockBeats News, December 1st, according to GMGN market data, the Solana ecosystem meme coin PIPPIN saw a counter-trend surge today, with the current price at $0.1788, representing a 24-hour increase of 61.9%.

Furthermore, according to analyst @frontrunnersx, PIPPIN has exhibited an abnormal trading pattern. Some wallets have been accumulating funds in a concentrated manner and refusing to sell, artificially inflating the price to attract short sellers, who are continuously liquidated through "pinning," creating a leverage "death spiral."

One particular address purchased around $200,000 worth of PIPPIN 6 days ago, sold after the price doubled, and is currently executing a similar strategy with ARC.

BlockBeats reminds users that meme coin prices are highly volatile, and investment should be approached with caution.

Popular coins

Latest Crypto News

18:15

「BTC OG Insider Whale」's overall unrealized loss has expanded to $52 million, while ETH long positions see a 38% unrealized loss.

BlockBeats News, December 16th, according to Hyperinsight monitoring, as Bitcoin has dropped to $85,618 and Ethereum to $2,936, the "BTC OG Insider Whale" is currently overall unrealized loss of over $52 million. The current position is as follows:· ETH Long (5x): Holding 190,935 ETH, equivalent to ...
18:15

The SEC Cryptocurrency Task Force's roundtable discussion on Financial Surveillance and Privacy has begun

BlockBeats News, December 16, the SEC officially stated that the roundtable discussion on financial monitoring and privacy hosted by its cryptocurrency working group was held today at 1:00 p.m. Eastern Time (2:00 a.m. Beijing Time).
17:15

In the past 4 hours, there has been a total of $330 million in liquidations across the network, with the majority coming from long positions.

BlockBeats News, December 16th, according to Coinglass data, the entire network liquidated $330 million in the past 4 hours, with $307 million in long liquidations and $23.2 million in short liquidations.Notably, when BTC dropped to $86,025.37, a long position worth $11.5819 million was liquidated o...
17:15

Coinbase to List Beam (BEAM)

BlockBeats News, December 16th, according to official sources, Coinbase will list Beam (BEAM), and spot trading will go live on December 16, 2025. If liquidity conditions are met and in supported jurisdictions, the BEAM-USD trading pair will commence trading at 9:00 AM Pacific Time or later.
17:15

Circle has announced the acquisition of the initial development team of Axelar, Interop Labs, along with its intellectual property, to accelerate its cross-chain interoperability strategy.

BlockBeats News, December 16th, according to official sources, USDC issuer Circle announced that it has signed an agreement to acquire the Interop Labs team and its proprietary intellectual property. The acquisition is expected to be completed in early 2026. Circle looks forward to contributing to t...
Read more
Community
icon
icon
icon
icon
icon
icon

Customer Support：@weikecs

Business Cooperation：@weikecs

Quant Trading & MM：bd@weex.com

VIP Services：support@weex.com