Recently, I've seen quite a few people take a hit on the PIPPIN token.

Here's the conclusion first: Don’t just jump in because it’s pumping—this thing is extremely volatile.

I’ve managed to catch a few small gains myself, but after watching it for a while, you’ll realize—it doesn’t play by the usual rules at all. Just when you think it’s about to take off? The next second it crashes so hard you can't even recognize it, and all your longs are stuck at the peak.

Why does it keep bouncing back and forth in a range?

The answer is simple: the whales are accumulating heavily at the bottom, profiting from funding rates during sideways movement. Once the funding rate drops, they suddenly pump the price, and shorts get liquidated instantly. They’ve mastered this game.

So, for those looking to short, don’t rush. Wait until this pump is over—chances are the whales will dump their bags then, and that’s the golden entry point for shorts.

Let me stress this again: Volatility on shitcoins like PIPPIN is off the charts, with maximum risk. If you’re trading derivatives, make sure to manage your position size, set stop-loss and take-profit orders, and don’t let a single token wipe out your account.

If you really want to trade it lately, I suggest keeping a close eye on funding rate changes and open interest data—don’t just ape in based on the price chart. The ones who survive in this market are always those who put stability first.