Why Is PIPPIN Price Up 120% Today?

PIPPIN is witnessing one of its strongest trading days yet, surging sharply as investor demand accelerates across the meme coin market. 

The altcoin’s price has climbed rapidly due to renewed support from influential holders, driving a wave of speculation.

Pippin Holders Continue To Rise

Data from Nansen shows that PIPPIN whales have been accumulating aggressively throughout the past week. These whales, defined as wallets holding more than $1 million in assets, have collectively added more than 48 million PIPPIN. Their holdings increased by 15% in seven days, demonstrating renewed confidence in the meme token’s upside potential.

The visible accumulation is feeding the ongoing price surge as retail investors recognize whale activity as a bullish signal. Historically, concentrated buying from large holders often precedes continued upside, especially when liquidity is deep enough to support sustained demand. This pattern appears to be forming around PIPPIN.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

PIPPIN Whale Holding. Source: PIPPIN Whale Holding. Source: Nansen

On-chain holder data from Holderscan confirms rising investor participation. The number of unique PIPPIN holders has climbed to more than 31,170, reflecting an 11.8% increase over the past two weeks. This expansion in the holder base highlights organic adoption and signals broader market interest beyond short-term speculation.

Growing participation improves liquidity and reduces the risk of sharp reversals, helping stabilize price action even during volatile swings. The widening distribution of supply also indicates healthier market conditions, supporting PIPPIN’s upward trajectory as long as broader momentum persists.

PIPPIN Holders. Source: PIPPIN Holders. Source: Holderscan

PIPPIN Price Skyrockets

PIPPIN is trading at $0.338 at the time of writing after touching $0.392 during today’s peak, forming a new ATH at this price. The altcoin registered a 120% intraday gain. This made it one of the strongest performers in the market, attracting significant attention.

If whale accumulation continues and holder growth remains strong, PIPPIN could push past the $0.349 and $0.403 resistance levels. A successful break above these barriers would open the door to a potential rally toward $0.500 as bullish sentiment accelerates.

PIPPIN Price Analysis. Source:  PIPPIN Price Analysis. Source: TradingView

However, rapid rallies often trigger profit-taking. If investors begin selling to secure gains, PIPPIN could retrace toward the $0.255 support level. A deeper correction below this zone may drag the price to $0.186 and invalidate the bullish outlook.

Read the article at BeInCrypto