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$PIPPIN Here's why I said it will definitely crash.
First, Pippin has been running since launch - everyone needs to understand how long that's been. CoAI, MYX, BEAT, and you can even compare it to previous meme coins from back then. After this long, there's no point for the whales to keep pumping. If you were them, would you choose to pump from the original high, or pump now to let bag holders break even? It's better to pump now than to start fresh and create another meme coin from scratch.
Second, look at the recent price action - it hit 0.42 at the highest, then crashed back down. It's been repeating this cycle many times. This is when the whales are laying the groundwork to exit. If it keeps failing to break through, then it's about to crash.
Third, Pippin has consistently had negative funding rates lately, which is enticing longs to enter. By repeating this cycle, some people start thinking that after the dip it will pump again. Plus with negative rates, last night it went all the way to -2, which shows the whales are using maximum force to attract people to take their bags. Once people form a thought pattern, they habitually go long more.
I thought by 4 o'clock the funding rate would turn positive - I didn't think the dog whale was that bad, and it did give the longs some fee relief.
So I ask you, if it doesn't crash yesterday, when will it crash? Anyone calling for more longs right now - I'm blocking them all. These people are either stupid or malicious!$PIPPIN