$PIPPIN Once again, PIPPIN ranks first on the gainers list 🚀🚀🚀
This coin is really impressive, appearing on the gainers list with an 80% increase within the day. At 4 AM, it broke through its previous high and is currently stabilizing at the 0.3 level. The question now is whether to be bullish or bearish???
From the current market analysis, PIPPIN has increased by around 15300% in just three months, equivalent to a 153-fold increase, continuously rising since the black swan event on October 11.
Currently, PIPPIN is stabilizing at the 0.3 level, making it hard to say whether to go long or short; it's quite awkward as it keeps bouncing back after every drop. One must admit that the project team behind this coin has some strength, but it’s also quite manipulative, with serious wash trading going on.
In the short term, it hasn’t dropped below 0.3, and it has been hovering around the 0.3 mark, showing signs of consolidation. There are serious suspicions of accumulation, and once the accumulation is complete, it’s very likely to continue rising. Additionally, on-chain funds are flowing in positively. Although the fees have decreased, it’s best not to blindly short; even staying on the sidelines is fine.
I will closely monitor this coin, and if there’s a suitable entry point, I will bring fans in.
