💎 A couple of months ago, I passed on $pippin ticker, mostly just laughing at the name. That was a mistake...
I dug into it a bit deeper, and now I see why it’s outperforming the market today:
- Utility: No, it is not a standard community meme, it is a "sentient" AI agent with a continuous development loop.
- Origin: It was created by Yohei Nakajima (best known as the creator of BabyAGI), and started an experiment where ChatGPT generated an SVG unicorn and gave it an "autonomous personality"
- Market Fit: PIPPIN sits at the intersection of memecoins and AI tech, attracting not only speculative flow but also longer-term interest. This mix helps sustain trading volume even during pullbacks.
📊 Its price action shows extreme volatility but bullish resilience: after hitting a new high above $0.50, we saw a sharp flush to $0.30, which was instantly bought up. The fast recovery suggests buyers are actively defending dips rather than exiting on volatility.
Levels to watch:
🟢 Support ($0.38-0.40): As long as price consolidates above this zone, the structure remains healthy.
🔴 Invalidation ($0.30): This is the recent "shakeout" low - losing this level would invalidate the current setup.
🚀 Target ($0.50+): Once stabilization is complete, the path is open for a retest of the highs
