According to BlockBeats news on December 1, based on GMGN market information, the Solana ecosystem meme coin PIPPIN has risen against the trend today, currently priced at $0.1788, with a 24-hour increase of 61.9%. Additionally, analyst @frontrunnersx reported unusual trading patterns for PIPPIN. Some wallets are concentrating on Accumulation and refusing to sell, driving up the price and attracting short positions to get on board, while shorts are continuously getting liquidated by Long Wick Candle, forming a leveraged “death spiral.” One address bought about $200,000 worth of PIPPIN 6 days ago, sold after the price doubled, and is currently performing a similar operation on ARC.
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