PIPPIN Price Up 159% — Is Selling About to Slow the Rally?
Key Takeaways
- PIPPIN’s price has surged by 159% as the Network Value to Transactions (NVT) ratio indicates strong market participation.
- A significant movement of 41.95 million PIPPIN tokens to exchanges represents $17 million, reflecting possible profit-taking.
- Despite increased selling, a breakthrough above $0.518 could lead to a 221% price increase toward $0.800, indicating a potential bullish run.
- The NVT ratio’s steadiness amidst price spikes suggests real user engagement rather than speculative spikes.
- A failed breakout might push prices down to $0.267 or even $0.186, posing risks to short-term traders.
WEEX Crypto News, 2026-02-17 13:48:41
In recent weeks, the cryptocurrency market has been buzzing with the impressive upward trajectory witnessed in meme coin PIPPIN. This unexpected rally has captured the attention of investors and market watchers alike, as the coin surges toward new heights. PIPPIN’s price has increased by an astonishing 159%, signaling a potential breakthrough that could redefine its value and market positioning. But beneath this meteoric rise lies a crucial question: can this bullish momentum be sustained, especially amidst significant selling activity by existing token holders?
Understanding the Current PIPPIN Rally
The sudden spike in PIPPIN’s market value has placed it at the forefront of the crypto news cycle, prompting analysts to explore the underpinnings of this growth. Typically, in the volatile world of cryptocurrencies, sharp price increases can often reflect speculative bubbles rather than genuine market activity. Yet, in PIPPIN’s case, the low Network Value to Transactions (NVT) ratio presents an intriguing narrative.
The NVT ratio is often used by analysts to measure whether the market capitalization of a cryptocurrency is outpacing its actual transaction activity. A high NVT ratio might suggest a bubble or overheating. However, PIPPIN’s current low ratio indicates a healthy balance. This shows that network transactions are keeping pace with the market cap, suggesting robust engagement rather than mere conjectural investment.
This observation aligns with a deeper context—PIPPIN is not just witnessing speculative spikes from traders hoping for short-term gains; rather, it is seeing genuine utility and user engagement. As a result, the low NVT ratio suggests that PIPPIN’s substantial price gains are backed by real transaction activity, thus painting a picture of sustainable growth.
The Impact of Token Movements on Exchanges
An intriguing yet critical aspect of PIPPIN’s recent rally is the influence of token movements to exchanges. Since the start of the month, a staggering 41.95 million PIPPIN tokens have been transferred to various exchanges, reflecting a realized supply of approximately $17 million. This transition raises several questions and paints a more layered picture of the market dynamics.
This transfer of tokens is primarily indicative of investors taking advantage of price spikes to realize profits, a common practice in cryptocurrency trading circles. While this might initially suggest a potential bearish reversal, it’s essential to look deeper. These exchanges aren’t just witnessing increased selling; they are also attracting new entrants who absorb available supply, maintaining, if not enhancing, demand.
In typical market behavior during strong uptrends, heightened sell activity due to profit-taking can occur alongside robust buying interest from fresh market participants. This interplay between selling and buying fundamentally supports the upward momentum. Therefore, while substantial token movement might appear as a cautionary sign, it can be part of a healthy market cycle if demand stays robust.
PIPPIN’s Technical Prospects: A Breakout on the Horizon?
Beyond immediate transaction dynamics and selling patterns, technical analysis provides valuable insights into PIPPIN’s future trajectory. The recent price movements bring PIPPIN to the cusp of a notable technical breakout, particularly in a descending broadening wedge pattern. This chart pattern, characterized by a widening price range, often precedes sharp upward movements, foreshadowing potentially massive gains.
The descending wedge formation projects a potential 221% price increase if PIPPIN manages to break convincingly above the $0.518 mark. This level isn’t merely a random threshold; it represents a significant resistance line, which, if flipped into support, would substantiate the bullish outlook. Achieving this transition could see the price forging ahead past former highs of $0.720, reaching toward $0.800, thus setting new records.
However, risks persist for short-term traders, especially if NVT figures rise concurrently with persistent exchange selling. This could hint at cooling transaction activity, potentially undermining PIPPIN’s bullish momentum. If a breakout attempt proves unsuccessful, there remains a tangible risk of a fallback to support zones at $0.267 or even as low as $0.186, fundamentally altering market sentiment and investor outlook.
Evaluating Investor Sentiment and Market Trends
At this juncture, understanding broader market trends and investor psychology becomes imperative. Cryptocurrency markets are not only driven by mathematical patterns and network data but also by the sentiments and behavioral patterns of their participants. In PIPPIN’s case, the interplay between confident buying and cautious selling is notably significant.
The underlying investor sentiment, particularly among new entrants, remains optimistic. This bullish attitude is partly fueled by the momentum seen in other meme coins and growing attention on the speculative yet lucrative opportunities they present. Furthermore, social media platforms like Twitter have been instrumental in amplifying PIPPIN’s market presence, drawing attention from global audiences who are eager to capitalize on potential growth.
This sentiment-driven interest creates a self-reinforcing loop—positive sentiment drives more purchases, leading to price increases, which in turn feeds further optimism. However, balancing this optimism with prudent risk management is crucial. While the market has witnessed many lucrative moonshots, it’s equally faced dramatic corrections that catch ill-prepared investors off-guard.
Long-Term Prospects and Market Stability
For discerning investors, maintaining a long-term view amidst the seemingly manic short-term market activity is crucial. PIPPIN, like many other meme coins, operates in an environment marked by volatility and rapid sentiment shifts. However, this does not negate the potential for meaningful long-term staking if the fundamental use case and network adoption persist.
A key aspect for sustained growth lies in PIPPIN’s ability to transition from being seen merely as a meme-based curiosity to establishing a credible and lasting platform with unique utilities. This echoes broader trends across the cryptocurrency ecosystem, where enduring success is often predicated on delivering real value beyond mere hype.
The current market enthusiasm, if harnessed effectively, can act as a springboard for further development and integration of PIPPIN within various decentralized finance (DeFi) ecosystems. Such integration would not only solidify its market standing but also attract a diverse user base seeking innovative financial solutions outside traditional frameworks.
Final Thoughts
In conclusion, PIPPIN’s recent market performance stands as a testament to the dynamic nature of cryptocurrency markets, where fortunes can shift rapidly and dramatically. While the coin has realized significant gains and been propelled to the market spotlight, continued efforts will be needed to ensure its sustainability and relevance.
The path forward for PIPPIN is not without challenges, from navigating volatility and speculative maneuvers to building lasting value and investor trust. However, the potential for growth and market penetration remains substantial if the network continues leveraging its current momentum. As with all investments, due diligence, strategic planning, and risk management will be key for those looking to navigate PIPPIN’s exciting journey.
FAQ
Why has PIPPIN’s price surged recently?
PIPPIN’s price has surged by 159% largely due to a combination of factors, including low Network Value to Transactions (NVT) ratio, indicating strong market participation, and substantial movements of tokens to exchanges, reflecting active trading and investor interest.
What does a low NVT ratio signify for PIPPIN?
A low NVT ratio suggests healthy market activity and robust user engagement in PIPPIN transactions. It indicates that the market value is growing alongside transaction volumes, reducing the immediate risk of price corrections due to speculative bubbles.
Could selling affect PIPPIN’s bullish momentum?
While increased selling activity, such as the movement of $17 million worth of tokens to exchanges, suggests profit-taking, it doesn’t necessarily imply a bearish reversal. If new demand absorbs this selling pressure, PIPPIN’s upward trajectory could continue.
What technical patterns are influencing PIPPIN’s price?
PIPPIN is nearing a breakout from a descending broadening wedge pattern. If PIPPIN breaks above the $0.518 mark and converts it into support, it could potentially see a 221% increase in price, reaching towards $0.800.
What risks could impact PIPPIN’s future growth?
Potential risks include the possibility of a rising NVT ratio if selling persists, weakening transaction activity, or an unsuccessful breakout attempt that could see price corrections to $0.267 or $0.186. It’s essential for traders to remain cautious and informed about market conditions.
You may also like

WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.

AI Apocalypse, a massive short squeeze

The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge

Jane Street Market Manipulation, Stripe Considering Acquiring PayPal, What's the Overseas Crypto Community Talking About Today?
WEEX × LALIGA 2026: Trade Crypto, Take Your Shot & Win Official LALIGA Prizes
Unlock shoot attempts through futures trading, spot trading, or referrals. Turn match predictions into structured rewards with BTC, USDT, position airdrops, and LALIGA merchandise on WEEX.

a16z: Why Do AI Agents Need a Stablecoin for B2B Payments?

February 24th Market Key Intelligence, How Much Did You Miss?

Web4.0, perhaps the most needed narrative for cryptocurrency

Some Key News You Might Have Missed Over the Chinese New Year Holiday

Key Market Information Discrepancy on February 24th - A Must-Read! | Alpha Morning Report

$1,500,000 Salary Job: How to Achieve with $500 AI?

Bitcoin On-Chain User Attrition at 30%, ETF Hemorrhage at $4.5 Billion: What's Next for the Next 3 Months?

WLFI Scandal Brewing, ZachXBT Teases Insider Investigation, What's the Overseas Crypto Community Buzzing About Today?

Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us
Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
Source: Original Post Link

Have Institutions Finally 'Entered Crypto,' but Just to Vampire?

A $2 Trillion Denouement: The AI-Driven Global Economic Crisis of 2028

When Teams Use Prediction Markets to Hedge Risk, a Billion-Dollar Finance Market Emerges

Cryptocurrency Market Overview and Emerging Trends
Key Takeaways Understanding the current state of the cryptocurrency market is crucial for investors and enthusiasts alike, providing…
WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.
AI Apocalypse, a massive short squeeze
The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge
Jane Street Market Manipulation, Stripe Considering Acquiring PayPal, What's the Overseas Crypto Community Talking About Today?
WEEX × LALIGA 2026: Trade Crypto, Take Your Shot & Win Official LALIGA Prizes
Unlock shoot attempts through futures trading, spot trading, or referrals. Turn match predictions into structured rewards with BTC, USDT, position airdrops, and LALIGA merchandise on WEEX.