PIPPIN We analyzed this earlier—back then it was around 0.016u, and it’s still been bouncing around in this range. This Monday it briefly surged to 0.028u, but it quickly dropped back, which suggests that move was a pump to distribute and dump the position.

The problems with this coin have never changed.
On CoinGecko, there’s been a warning up the whole time: on-chain data shows that about 80% of the holdings are in the hands of internally related wallets. This structure means it can get smashed at any moment. If ordinary people buy in, they’re basically helping insiders pass the bag—taking on the buy pressure for them.
It previously hit an all-time high of 0.9u, which happened this February. At the time, the AI agent narrative was the hottest. The coin rode on the fame of BabyAGI’s founder to climb up; when the hype died down, it went back to where it came from.
I didn’t follow this week’s rebound. The reason is simple: there are no new catalysts at all. Someone’s just pumping it, and the volume isn’t convincing either. Sure enough, after the pump, it got slammed right back down.
Now it’s around 0.02u. Below that, support looks to be in the 0.012u to 0.015u range—if it drops below there again, that would set a new low.
With coins where 80% of the supply is in insiders’ hands, be careful with any rebound. Don’t assume that because it’s going up, it’s truly going up. #PIPPIN $PIPPIN