Pippin Price Surge Today: Can Pippin Coin Sustain Its Breakout?

Pippin Price Surge: Can the Rally Hold After Massive Whale Buying?

The crypto market finally turned positive today, rising 2.88% in the last 24 hours after a tough month-long drop of over 10%. Big investors grew more confident after strong comments from Cathie Wood, lower leverage on Coinbase, and a sharp $134 million short squeeze. Now, all eyes are on the FOMC meeting, where traders expect a possible Fed rate cut, which could boost risk assets even more.

But among all coins today, one name stood out the most: why is Pippin going up today?

The Pippin price surge became one of the biggest stories as the token jumped 94% in a single day, extending its 30-day rise to an unbelievable 917%.

Let’s look at what is really happening behind this explosive move.

Whales Buying Big Amounts Push the Price Up

The biggest driver behind the Pippin price surge is heavy whale accumulation.

Around 50 large wallets bought almost $19 million worth of Pippin, and many of these wallets were funded from HTX-linked sources. Another Solana whale bought $3.3 million of this coin and is already up $740K in profit.

This type of buying decreases available supply and ramps the price up very quickly.

But there is also risk: insiders now control almost 50% of all coins, which means a sudden sell-off can easily shake the market.

What to watch:

If these wallets start to move their funds onto exchanges, that would be the first sign that whales want to book some profit.

Retail traders join because of a trading contest.

Biconomy had a trading competition running from Nov 29 to Dec 9, with rewards worth $8,000 in this token. This led to a frenzy of retail interest and FOMO.

Trading volume jumped massively more than 238%, and Open Interest increased 38%, which shows many new traders are speculating on short-term moves.

This is good for momentum, but it also increases volatility.

It’s volume-to-market-cap ratio is now 45%, which usually means price swings can be very sharp.

Technical Charts Show a Strong Breakout

Looking at the chart by CoinMarketCap:

• It broke past important resistance at $0.21–$0.26

• RSI is around 78, meaning the coin is now overbought

• MACD turned positive, showing strong upward momentum

• Price is moving toward key Fibonacci levels at $0.34–$0.66

Source: CMC 

This is a clean bullish breakout, but the high RSI suggests the coin may need a small correction soon. 

Price Prediction: Will the $Pippin Rally Continue? 

It is currently trading around $0.353, with a market cap of $353M and strong 24h volume above $158M.

Here's what could happen next:

Bullish Scenario:

Crypto may rise further if the FOMC meeting provides a hint toward a Fed rate cut.

This may lead to the price moving toward $0.42 and even up to $0.66, key resistance levels. 

Bearish Scenario: 

If whales start sending coins to exchanges, it's possible to drop to $0.26, maybe even $0.18.

Most Important Level:

It must hold above $0.34 to keep the rally alive.

About the Project

Pippin is an AI-based character created by Yohei Nakajima, known for building BabyAGI and more than 100 AI projects. The project gained fast attention on X (Twitter), where it acts as an autonomous AI agent. The idea behind the project combining AI, creativity, and community is one reason many traders became curious about the Pippin coin.

Disclaimer: This article is for informational purposes only and not a financial advice, kindly do your own research before investing.