{"id":136011,"date":"2026-02-17T16:26:35","date_gmt":"2026-02-17T16:26:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=136011"},"modified":"2026-02-17T16:26:35","modified_gmt":"2026-02-17T16:26:35","slug":"pippin-pippin-dips-20-daily-brutal-collapse-on-the-way","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=136011","title":{"rendered":"Pippin (PIPPIN) Dips 20% Daily: Brutal Collapse on the Way?"},"content":{"rendered":"

The meme coin pippin (PIPPIN) is deep in red territory today (February 17) after posting substantial gains over the past few weeks.<\/p>\n

The question now is whether this will be a temporary correction or the beginning of a major collapse.<\/p>\n

What Comes Next?<\/h2>\n

The asset\u2019s price has retraced by nearly 20% on a daily scale and now trades at around $0.59 (per CoinGecko\u2019s data). PIPPIN\u2019s market capitalization has tumbled below $600 million, putting it at risk of losing its prestigious spot among the 100 largest cryptocurrencies.<\/p>\n

Several analysts have recently warned that the meme coin could be a high-stakes gamble, advising traders to stay away from it. Earlier this week, X user Ted said<\/a> he doesn\u2019t know a single person who holds PIPPIN and wondered what might have driven the rally.<\/p>\n

He thinks the whole thing is \u201ca CEX cabal play,\u201d similar to Mantra (OM). In crypto slang, \u201ccabal\u201d refers to a small, coordinated group of insiders who are believed to manipulate a token\u2019s price with their actions. Recall that just a year ago, OM was worth almost $9, whereas its market cap briefly exceeded $8 billion. Since then, the asset has crashed by staggering 99%.<\/p>\n

Crypto Rug Muncher shared<\/a> a similar thesis. The X user argued that the only people still active in the PIPPIN ecosystem are \u201cthe cabal members who crimed it to $700 million MC in the first place.\u201d<\/p>\n

\u201cThis isn\u2019t a project holding the active interest of the space; it\u2019s organized manipulation designed to bait in naive retail for exit liquidity. The project is a hollow, abandoned shell with no fundamentals, and as soon as the insiders manipulating this get bored, it\u2019s headed straight back to shitcoin hell where it belongs,\u201d they added.<\/p>\n

Crypto GVR and ALTSTEIN TRADE also gave their two cents. The former spotted<\/a> the price reversal that occurred in the past hours to forecast that a major collapse to $0.10 may be coming next. The latter argued<\/a> that PIPPIN\u2019s \u201ctop is in,\u201d predicting that all the gains will be lost and that the valuation will tumble below $0.10.<\/p>\n

Something for the Bulls<\/h2>\n

Despite the grim forecasts from the aforementioned analysts, the meme coin\u2019s Relative Strength Index (RSI) suggests a short-term rebound could be on the horizon.<\/p>\n

The technical analysis tool tracks the speed and magnitude of recent price changes and helps traders spot potential turning points. It runs on a scale from 0 to 100, and ratios below 30 indicate that PIPPIN is oversold and might be on the verge of a resurgence. On the contrary, readings above 70 are considered precursors of a correction. Currently, the RSI stands just north of the bullish zone.<\/p>\n

<\/a>PIPPIN RSI, Source: RSI Hunter<\/p>\n

The post Pippin (PIPPIN) Dips 20% Daily: Brutal Collapse on the Way?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The meme coin pippin (PIPPIN) is deep in red territory today (February 17) after posting substantial gains over the past few weeks. The question now is whether this will be a temporary correction or the beginning of a major collapse. What Comes Next? The asset\u2019s price has retraced by nearly 20% on a daily scale […]<\/p>\n","protected":false},"author":0,"featured_media":136012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-136011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/136011"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136011"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/136011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/136012"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}