PIPPIN Defies the Market, Turning $180,000 Into Over $1.5 Million for a Trader

While the broader crypto market flashed red in early December, a Solana-based meme coin called $PIPPIN delivered a remarkable countertrend rally.

Its rapid price surge enabled several traders to achieve massive short-term profits. However, it also raised concerns about a potential sharp correction that could hurt latecomers.

How One Trader Made More Than $1.3 Million With $PIPPIN

$PIPPIN originated from an AI-generated unicorn image (SVG). It later evolved into a meme coin on Solana.

Unlike many other meme tokens, the project’s developers promised to release open-source tools with potential applications for $PIPPIN, including interactive tutoring systems, AI marketing assistants, and personality-driven DevOps bots capable of writing and deploying code.

Despite its high-risk meme-coin nature, $PIPPIN has become one of the most talked-about names in Solana’s meme wave at the end of 2025.

$PIPPIN Price Performance. Source: BeInCrypto.">

$PIPPIN Price Performance. Source: BeInCrypto.

According to data from BeInCrypto, the token has experienced a surge of over 400% in the past month and is currently trading at $0.139. When comparing the low in November ($0.02) to the recent high ($0.20), the token has increased tenfold. Additionally, the daily trading volume has surpassed $120 million, a significant rise from under $10 million in November.

This rally has put one early buyer on enormous unrealized profits. According to market-tracking account LookOnChain, a wallet named BxNU5a was created about a month ago. The wallet spent $179,800 to acquire 8.2 million $PIPPIN tokens. The current value of this stash is approximately $1.51 million, resulting in an unrealized gain of more than $1.35 million.

Nansen also reported strong whale accumulation and a sharp increase in the number of active wallets, signaling a wave of new investors pouring money into the token.

“$PIPPIN didn’t just ‘go up,’ it detonated. 437% in 7 days with $43.9M volume is a different tempo. Whales added +6.6M, fresh wallets put in +11M, and exchanges saw sharp outflows,” — Nansen reported.

These bullish signals have fueled hopes that $PIPPIN could become the next standout in the Solana meme-coin ecosystem. Recent reports also highlight potential reasons why the meme-coin wave may return in December.

Warning Signs Emerge

Despite the explosive rally, significant risks have also surfaced. The first warning concerns $PIPPIN’s short positions suffering heavy liquidations.

Data from Coinglass shows a series of short positions being wiped out during the last week of November. The heaviest liquidation day occurred on December 1.

Pippin Total Liquidations. Source: Coinglass

Coinglass reported more than $15 million in liquidations on December 1 alone, with over $11 million coming from short positions.

On-chain signals are also flashing caution. According to Solscan, even as the price soared, real on-chain trading volume decreased by 45% compared to the previous week.

$PIPPIN Token Transder. Source: SolScan">

$PIPPIN Token Transder. Source: SolScan

Traders are executing fewer transactions on-chain and shifting more activity to exchanges. This divergence could signal a sharp decline if increasing amounts of $PIPPIN are sold on centralized platforms.

Well-known analyst Altcoin Sherpa compared $PIPPIN to other meme tokens, such as AVA, GRIFFAIN, and ACT, predicting that prices may drop significantly soon.

“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,”
— Altcoin Sherpa said.

$PIPPIN’s market cap previously reached over $300 million late last year before collapsing to $8 million, which adds to investor skepticism about another potential steep dump.

Another analyst described $PIPPIN’s rally as a familiar pattern: a small group accumulates heavily and withholds supply, creating buy pressure that pushes the price up. Short positions are then liquidated, the price drops afterward, and the cycle repeats.

The post $PIPPIN Defies the Market, Turning $180,000 Into Over $1.5 Million for a Trader appeared first on BeInCrypto.