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PIPPIN memecoin drops over 10% as whales sell off and bearish bets rise amid market uncertainty.

Technical Signals
29 Mar 2026
AMBCrypto
View Source
Bearish
pluang ai news

PIPPIN, a memecoin on the Solana network, fell more than 10% in 24 hours due to a large whale sell-off and growing bearish trader sentiment. Whales reduced their holdings by 25%, signaling waning interest, while top wallets slightly increased theirs. The coin is consolidating near a key support level of $0.0427, with potential for recovery if it breaks above $0.0599, but failure to hold support could lead to a sharp decline. Current short-term trends show bearish momentum with selling pressure continuing.

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