Oh, Pippin! The plucky little AI agent and Solana-based memecoin that seems to have more lives than a cat on roller skates. While Bitcoin was busy plunging below $100k-because who doesn’t love a dramatic fall?-PIPPIN decided to put its feet up and relax, rallying like it was auditioning for a role in a rom-com instead of a cryptocurrency.
On February 8th, just when you thought it couldn’t get any wilder, PIPPIN launched itself into the stratosphere with a staggering 50.40% increase. Yes, high trading volume, bold moves, and all that jazz! It started its ascent from a charming little support level at $0.157, which is probably about as exciting as finding a five-dollar bill in an old coat pocket.
But wait! According to a report from AMBCrypto (which I’m sure is reputable and not just a gossip column for coins), it seems smart money was taking profits while the rest of us were pondering the meaning of life during this crypto crisis. The big players were cashing out, causing a slight correction. But don’t fret-PIPPIN’s still got its bull horns on!
On-chain Metrics Are Feeling Bullish
Now, let’s talk on-chain metrics, shall we? Glassnode data suggests that new address growth has been as robust as my morning coffee since November. Even when prices stumbled, the addresses kept coming, like friends showing up at your party after you told them there would be pizza.
The Coin Days Destroyed metric is our trusty guide in tracking whether long-term holders are waking up from their slumber. Spoiler alert: it’s been as quiet as a library lately, with only a few small spikes in late January-just enough to keep us on our toes without inducing heart palpitations.
This signals some profit-taking, but don’t expect a tidal wave of panic selling. That would be akin to screaming during a romantic comedy-totally unnecessary.
The MVRV pricing bands suggest that PIPPIN was frolicking in overheated territory toward the end of 2025. A little correction pulled prices back toward reality, but the current rally has room to stretch its legs further. Think of it as PIPPIN doing yoga while we watch in amazement.
Strong support levels are hanging around at $0.133 and $0.107. If they break, we might need a stronger drink. However, if PIPPIN decides to soar past $0.32 or even $0.48, we could be looking at some serious overheating-like a summer day with no ice cream in sight.
Final Thoughts
- Pippin has shown longer-term strength against Bitcoin and the wider market. It’s like the underdog that keeps winning, but with better dance moves.
- The healthy correction was necessary, and if the short-term rally continues, we might just see prices heading toward $0.48-$0.50. Grab your popcorn!
Read More
- Adolescence’s Co-Creator Is Making A Lord Of The Flies Show. Everything We Know About The Book-To-Screen Adaptation
- The Batman 2 Villain Update Backs Up DC Movie Rumor
- James Cameron Gets Honest About Avatar’s Uncertain Future
- New survival game in the Forest series will take us to a sci-fi setting. The first trailer promises a great challenge
- These are the last weeks to watch Crunchyroll for free. The platform is ending its ad-supported streaming service
- ‘Stranger Things’ Actor Gives Health Update After Private Cancer Battle
- How AI Summarizers Help You Win More Games
- Player 183 hits back at Squid Game: The Challenge Season 2 critics
- Battletoads Arrives On Nintendo Switch Online Alongside Three Other Classic Games
- What time is It: Welcome to Derry Episode 8 out?
2026-02-09 11:13