#PIPPIN市场分析与更新 $PIPPIN The PIPPIN is an AI-themed meme coin based on the Solana blockchain. Recently, it has shown a monthly surge; however, due to the influence of whale trading and concentrated chips, it has been highly volatile. The current market presents characteristics of both high returns and high risks. Below is the market analysis and latest updates as of December 9, 2025:
1. Latest market data: As of December 8, the unit price is approximately $0.1773, with a 24-hour increase of 20.78%. The price fluctuation range for the day is between $0.135588 and $0.178394; the 24-hour trading volume is $47.8665 million, with a turnover rate of 27%, and a circulating market value of $177 million. In terms of stage increases, the recent 30-day surge is 448.95%, the increase over the past 3 months is 742.79%, but there has been a drop of 14.20% in the last 7 days, showing clear characteristics of price fluctuations. Currently, this token has been listed on 20 exchanges, including HTX and MEXC, with trading pairs on XT.COM and the Great Gate Exchange accounting for over 75% of the trading volume.
2. Core market driving factors: On one hand, it attracts attention through a unique narrative, themed around AI-generated unicorns, and has created exclusive stories like the “Wobbly Worlds” legend, combining Solana meme culture with the AI agency concept. As a public domain project, anyone can expand its brand, and the community can create derivative content such as bedtime stories, resulting in high discussion on social platforms, with over 31,000 holders. On the other hand, whale operations influence short-term market conditions. On December 1, a whale sold 24.8 million PIPPIN for $3.74 million, while 50 wallets control about 50% of the token supply. This type of concentrated holding behavior has previously driven the token's rise and can also easily trigger concentrated sell-offs.
3. Current market risk warning: Technical indicators show overbought risks, with the RSI indicator previously exceeding 79, indicating extreme overbought conditions, leading to potential pullback pressure. Moreover, the practical value is weak; the token's core use is currently limited to trading and community participation, lacking substantial landing scenarios like lending and payment. The price largely depends on market speculation. Additionally, it uses the Pump.fun rapid distribution model, which, while posing no long-term unlocking risk, highlights the whale control issue. Once a large sell-off occurs, it can easily trigger a significant drop in the token price by 20%-30%. If it falls below the critical support level of $0.136, it may trigger further panic selling.
