I know the reason why $pippin
is 400m.
For those that are confused ( majority of CT ) why $pippin is trading above 440m while nobody on the TL is talking about it is because it isn’t organic,
It’s Crime.
Allow me to explain:
The Chinese cabal like to find low volume, leverage-listed tickers on solana, flush the leverage, let it build again, liquidate again, and
REPEAT.
If you check @CoinMarketCap p perpetual volume in the last 24 hours on $PIPPIN, you’ll see its $1.7 billon dollars.
And that’s on a memecoin trading at 400m.
Solana, a token which has a $70 billion dollar market cap only has 3x the perps volume of $PIPPIN.
How long will it last?
Nobody knows except for the cabal.
One thing we do know is that this wasn’t their first crime, ( $JELLYJELLY
to 500m ) and it won’t be the last.
stay safe avoid leverage