Dear Traders, anyone else watching #PIPPINUSDT today?
It’s up around 20% and trading near 0.55 right now. Kinda crazy move tbh. But honestly, I’m getting a bit uneasy seeing how many people are jumping into longs and chasing it after the pump.
From what I can tell, this run-up is probably driven by a few big wallets loading up and tightening the supply on exchanges, plus all the noise around its AI agent narrative on Solana. There’s also that Unicorn Reserve incentive thing from Mind Network where people get airdrops for locking tokens, and now Twitter is full of KOLs pushing it after the Binance perps listing. Feels like classic meme rotation while BTC is just moving sideways.
Because of all that, I’m leaning more toward a short here instead of FOMOing in. Thinking about entering around 0.58–0.6, stop loss at 0.65 in case it keeps running, and taking profits around 0.53 first, then 0.49, and maybe 0.45 if it really rolls over.
Just my view though — market’s wild lately, so definitely DYOR.
