The post Why PIPPIN Meme Coin Price Skyrocketing Today? appeared on BitcoinEthereumNews.com.

The Solana-based memecoin PIPPIN has experienced a significant price surge, recording one of the strongest price movements in weeks. Following its recent price surge, the Solana meme coin has again climbed into the top 100 crypto rankings by market capitalization. PIPPIN Sees Higher Open Interest During Price Rally The price of PIPPIN has surged by nearly 29% and is currently trading at $0.4842, ranking as the top gainer of the day among the top 100 coins by market capitalization. The coin has outpaced other major price movers, including Hyperliquid, which has gained 18.34% and is trading at $33.62, and DoubleZero, which has gained 15.06% and is trading at $0.1345. Source: CoinMarketCap The PIPPIN price follows an increase in the meme coin’s open interest, indicating a rise in the overall participation of traders in the coin’s price movements. According to CoinGlass, PIPPIN has seen a 16.79% increase in open interest, and its trading volume is up over 72% in the last 24 hours, making it one of the most actively traded coins on the top layer-1 network, Solana. Source: CoinGlass The PIPPIN price surge also follows a renewed interest in meme coins on the Solana, signaling a risk-on sentiment among retail traders. Notably, other Solana meme coins such as Nietzschean Penguin have also recorded significant gains this week. These meme coins’ performance comes despite the downtrend in the Solana price. SOL is down on the day, even as the broader crypto market continues to trade sideways. How Whale Selling Emerged During Intraday Price Surge Some red flags were raised when analysts pointed out selling activity near the price top. In an X post, analyst StarPlatinum noted that there was selling activity near the price top after a sharp intraday price surge. The top Solana meme coin saw a 60% price surge…

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Filed under: News - @ January 29, 2026 6:27 am