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Let’s talk about PIPPIN—its origin is pretty interesting.
The founder is from an AI background. Previously, they worked on a fairly famous open-source AI project. At one point, they casually used AI to draw a unicorn SVG image, then asked the AI what its name was. The AI named itself “Pippin.” The community immediately turned that joke into a coin—something the founder himself didn’t even expect.
Now the price has fallen to just a fraction of its all-time high, down 98%. On-chain, a third-party tool has dug out that about 80% of the circulating supply is held in interconnected internal wallets, making this concentration of holdings an obvious risk point worth keeping an eye on.
This kind of AI meme coin driven purely by storytelling tends to be extremely volatile—that’s the norm. Before entering, you need to be clear about what you’re betting on. #PIPPIN $PIPPIN