Home » Solana Meme Coin PIPPIN Posts 400% Monthly Gain, Yielding Over $1.3 Million for Early Trader

Solana Meme Coin PIPPIN Posts 400% Monthly Gain, Yielding Over $1.3 Million for Early Trader

ByDusty Elvin
Solana Meme Coin PIPPIN Posts 400% Monthly Gain, Yielding Over $1.3 Million for Early Trader

PIPPIN's Countertrend Performance in Early December

In a broader cryptocurrency market showing declines in early December 2025, the Solana-based meme coin PIPPIN has bucked the trend with a 400% price increase over the past month, reaching $0.139 per token. This surge, from a November low of $0.02 to a recent high of $0.20, represents a tenfold appreciation and has driven daily trading volumes above $120 million—up from under $10 million in November. Originating from an AI-generated unicorn image, PIPPIN has evolved into a high-risk asset promising open-source tools for applications like interactive tutoring systems and AI-driven DevOps bots, though its meme coin status underscores significant volatility.

Early Investor Success and On-Chain Momentum

One wallet, identified as BxNU5a and created about a month ago, exemplifies the token’s rapid upside. It invested $179,800 to acquire 8.2 million PIPPIN tokens, now valued at approximately $1.51 million, yielding an unrealized profit exceeding $1.35 million. On-chain data highlights growing interest:

  • A 437% price rise in the last seven days, accompanied by $43.9 million in trading volume.
  • Whale accumulation of an additional 6.6 million tokens.
  • Inflows from new wallets totaling 11 million tokens.
  • Notable outflows from exchanges, indicating reduced selling pressure in the short term.

    • Analytics firm Nansen noted this activity as a sign of fresh capital entering the ecosystem, potentially positioning PIPPIN as a leader in Solana’s ongoing meme coin wave. Such metrics suggest sustained buying interest could support further gains, though historical patterns in similar tokens indicate limited longevity without broader adoption.

Risks and Market Warnings Signal Potential Reversal

Despite the momentum, cautionary indicators point to overextension. Liquidations totaled more than $15 million on December 1, with over $11 million from short positions, reflecting forced exits amid the rally. On-chain trading volume has declined 45% week-over-week, even as prices climbed, with activity shifting toward centralized exchanges—this divergence may foreshadow increased selling if exchange volumes spike. Analysts have drawn parallels to past meme coin cycles, where initial pumps lead to sharp corrections. PIPPIN’s market capitalization once exceeded $300 million late in the previous year before dropping to $8 million, fueling skepticism about repeat volatility.

“With PIPPIN moving, some of these other AI shitters are also going. AVA, GRIFFAIN, ACT. Hard to honestly trade them though, and these are probably just 24-hour pump-and-dumps for most of them. Unlikely to be a sustained pump,” said analyst Altcoin Sherpa.

Another observer described the pattern as heavy accumulation by a small group creating artificial buy pressure, followed by liquidations and price drops, a cycle that could repeat and impact late entrants. While PIPPIN’s utility promises add a layer of differentiation, the meme coin sector’s reliance on sentiment over fundamentals raises questions about long-term stability, potentially amplifying losses in a risk-averse market. How do you assess the role of meme coins like PIPPIN in driving Solana’s ecosystem growth versus their contribution to market instability?

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