2025-12-24 13:30:05

$PIPPIN this AI-themed token has recently experienced a fierce surge, and its popularity is quite high, but there are significant hidden risks behind it. The supply is extremely concentrated (80-97% held by a few), and this structure itself sets the stage for large-scale manipulation.

On the trading side, it's also interesting—50% fluctuations can wipe out both longs and shorts. Especially for the short sellers, who have to bear such high funding rates, they are in a dilemma. Following this logic, only when the bulls completely overpower the bears and force them to surrender will there be a sharp correction. But the usual pattern is that after a surge to a certain limit, it suddenly reverses—just like with TRB before, where a wave directly wiped out all short positions, and only then did it turn downward. Projects with such high concentration often have risks and opportunities coexisting.

PIPPIN9.09%

TRB1.03%

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LiquidityHunter

· 7h ago

80-97% concentration, this guy is just waiting for the market maker to be in a good mood. If you're brave enough to enter, I advise you to prepare your stop-loss. With such a high concentration, a dump is inevitable. The question is when it will happen. The bulls are currently riding high. The funding rate is so high that shorting is indeed frustrating, but this actually indicates that there's little room above. I saw that wave of TRB, and it's the same pattern—push to the limit and then reverse, causing all shorts to be wiped out, followed by a waterfall decline. Coins with highly concentrated supply, frankly, depend on the market maker's mood—either eat the meat or be eaten. It's still pushing upward now, either to continue pushing and blow up the shorts or suddenly change direction. I really can't figure it out. High enthusiasm is actually more dangerous, everyone. The highest point of enthusiasm is usually the most dangerous time.

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MetaverseVagabond

· 7h ago

80-97% concentrated in hand, isn't this the classic prelude to a dump? I've seen too many tricks like this. The logic of making quick money is indeed tempting, but betting your principal on such a concentrated dump—what's the point? I remember that wave of TRB, the liquidation live streams were all blown up, and PIPPIN's situation is probably about the same.

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FloorPriceWatcher

· 7h ago

This pot is a powder keg, and the big players have already buried it. 80% of the coins are in the hands of a few people, basically waiting to harvest the leeks. The shorting fee rate is so terrifying that most people can't withstand it, no wonder everyone got squeezed out. Just waiting for a sudden reversal one day, and it'll be a mess again. That wave of TRB was too fierce. Now PIPPIN seems to have a bit of a copy-paste feel... Small investors should still be cautious.

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OfflineNewbie

· 8h ago

Damn, the supply concentration is outrageous, definitely a playground for big players. Wait, the funding rate is so high? Shorts are really suffering. I was watching that TRB move, it really just reversed and instantly wiped out all short positions. Now PIPPIN looks a bit uncertain. With such high concentration, it’s bound to crash sooner or later. The question is, does anyone know when? I just want to figure out whether jumping in now means catching the last bag-holder or if I can still buy the dip. Forget it, I’ll stay away from this kind of coin; the risk is really terrifying.

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zkProofGremlin

· 8h ago

80-97% concentration? This is a time bomb waiting to explode, waiting to be pumped up --- I really enjoyed the TRB wave, the bears exploded, and now PIPPIN is clearly replaying the same pattern --- High funding rates and still shorting? Purely inviting trouble, better to wait for a reversal before entering --- Fierce but with such concentrated supply, who dares to hold a heavy position? The risk is ridiculously high --- Both bulls and bears got burned, indicating that the market makers are accumulating, they will act soon --- Another highly concentrated trash coin, for me, the risk always outweighs the opportunity --- I'm really afraid of this kind of token, once it spikes and reverses, no one can escape

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ProposalManiac

· 8h ago

80-97% concentration, this is not a project, this is a governance desert. The mechanism design is obviously a failure, no wonder the short-term fee rate is so outrageous. What about the lessons from history? TRB wasn't this perfect back then. Wait, is this now a legitimate rug prelude?

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