PIPPIN Drops 13% as Smart Money Sells and a Hidden Long Squeeze Unfolds

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In the gray morning of the market, where the crowd moves as if weighed by their own hunger, PIPPIN staggers. The price sinks by more than 13% in the last 24 hours, and the month swells with losses to about 36%. The memecoin, once a wink in the eye of reckless play, underperforms the market that seems to pretend it matters little, like a tired street kid ignoring a passing parade.

Technically, the memecoin is caught in a deeper correction, a machine of numbers grinding bones. The charts tilt, the chain groans, and the whole scene shouts: this is not a day of heroes but a day of witnesses to a slow collapse.

Smart money offloading PIPPIN

StalkChain tells a gruff truth: PIPPIN was the most sold token in the last 24 hours. The soā€‘called smart money peeled away more than $675K of Pippin in this period, as if the market were a crowd pulling a ragged curtain aside and finding only a blank wall behind it.

The withdrawal of capital bred the sell pressure that dragged the memecoin down, like a line of workers yanking a banner from a polluted square and watching it fall in a heap.

Other memes in this chorus were Fartcoin, WHITEWHALE, and PENGUIN. The presence of USDC among them hinted that traders were locking profits or clipping losses with a wry, sardonic smile.

Again, the correction wore the mark of a market-wide tremor, especially for memecoins. Traders drifted from perilous jests to the steadier beasts like Bitcoin and Ethereum, as if the city itself whispered: be prudent, comrade, or at least pretend to be.

PIPPIN price remains choppy

While the smart money gazes with bearish scorn, PIPPINā€™s price remains a stubborn reed in a gale. From a peak near $0.70, it broke below the rising line and wandered into a bearish mood, as though the sun itself had shrugged and gone back inside the clouds.

Even the small pumps between mid-December and now were feeble, unable to break this stubborn consolidation that clings to the ground like a poor manā€™s dream.

The Choppiness Index (CHOP), at 49, shows the price bouncing between $0.28 and $0.50 after a high around 60, when direction vanished like a thief in the night.

Moreover, the sellerā€™s momentum contributed to the slide. The red bars grew as the price neared the support around $0.29, a boundary that seems almost a stubborn line drawn by someone who refuses to yield without a fight.

Historically, every touch of that support has coaxed a bounce back. The first target whispers around $0.40, a modest rung on a ladder that might still be climbed.

Conversely, should the level crack, the fall could quicken. Yet the marketā€™s bets on an upside remain, like a stubborn chorus that keeps singing even as the roof leaks.

Liquidity magnet sitting above price action

According to CoinGlass, traders are placing bets on price, with orders coalescing around the $0.39 level. Positions in the thousands cluster between $0.39 and $0.42, magnets that could tug PIPPIN toward that zone, as if gravity itself winks at a rumor.

The clusters followed the liquidation of long orders beneath $0.36. The long squeeze accelerated the breakdown on the charts, a small tragedy played out in the language of candlesticks.

Yet, the tale is not merely arithmetic. Choppiness, selling pressure, capital rotation, and long squeezes all conspire to deliver PIPPIN to the street corner where stories are spun from fear and laughter alike.

Final Thoughts

  • PIPPIN price declined by 13%, extending the monthly losses to 36%.
  • PIPPIN could bounce back to $0.39, where liquidity clusters were price magnets.

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2026-01-26 01:21