The post Pippin rallies despite ‘insiders control 80%’ claim – $0.50 breakout next? appeared on BitcoinEthereumNews.com.

While the short-term frenzy cooled, Pippin respected its ascending structure. The memecoin rebounded after dipping to $0.27 earlier. Pippin defended the $0.40 support zone and climbed 14.77% to a session high of $0.455. At press time, Pippin [PIPPIN] traded at $0.447, up 10.32% on the daily chart. Over the past month, the memecoin’s market cap rose from $308 million to $445 million, reflecting steady capital inflows. So, what fueled the rebound? Robinhood listing shifts sentiment Surprisingly, after a glorious month, Pippin received a significant endorsement and got listed on Robinhood. Listing on Robinhood is often perceived positively in the market, indicating the project has achieved a substantial level of reputation.  Usually, a new exchange listing expands the user base and increases the capital pool. This explains the recent jump in market cap by over $100 million.  What’s driving Pippin uptrend? Besides Robinhood listing, massive capital flowed into the Pippin Futures market. According to CoinGlass data, Futures Inflows totaled $452.54 million over the past 24 hours. Futures Outflows stood at $448.86 million. Source: CoinGlass As a result, Futures Netflow jumped to $3.67 million at press time, an 80% drop from $40 million three days ago, a clear sign of aggressive Futures accumulation.  Coupled with that, Top Addresses increased their holdings by 10.45 million tokens over the past 24 hours. Equally, these addresses boosted their holdings by 21% to 813 million over the past month. Source: Nansen Such sustained accumulation even during an uptrend signaled conviction in the market, as they anticipate further gains. Holder concentration raises red flags Despite the rally, Pippin faced growing scrutiny over supply concentration. A Bubblemaps investigation, published two days earlier, reported that insiders controlled 80% of PIPPIN’s supply, worth about $380 million. The analysis showed 27 wallets holding the majority of tokens with similar transfer patterns.…

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Filed under: News - @ December 18, 2025 5:18 pm