Here’s a breakdown of the Pippin (PIPPIN) price outlook:
📈 Current Situation
Recent Performance: PIPPIN is up 30% in the past 7 days.
Key Level: It broke its previous all-time high at $0.528, but slipped back below.
Market Sentiment: Heavy shorting is driving volatility — traders betting against it are being liquidated, which fuels upward spikes.
⚠️ Concerns
Wallet Concentration: 93 wallets hold 80% of the supply, raising red flags about centralization.
Project Silence: Neither the project owner nor official accounts have posted updates in months.
Leverage Risk: Around $3–4B in open futures interest suggests a violent move could happen in either direction.
🔮 Price Prediction
Bullish Case: If PIPPIN breaks and holds above $0.528, momentum could push it toward $0.80.
Bearish Case: If liquidity shifts to longs, the coin could “nuke” — meaning a sharp crash.
RSI Indicator: Currently near 60, showing bullish momentum, but history suggests this alone isn’t reliable.
🐕 Alternative Highlight
The article contrasts PIPPIN with Maxi Doge, a #memecoin presale project:
Raised $4.36M already.
Offers 71% APY staking, encouraging holders to stay invested rather than flip.
Seen as a “cleaner setup” compared to PIPPIN’s leverage-driven volatility.
✅ Takeaway:
PIPPIN could hit $0.80 if it sustains momentum above resistance, but its concentrated supply and speculative leverage make it highly risky. Maxi Doge, by contrast, is positioning itself as a steadier memecoin play with staking incentives.
