【Blockchain Rhythm】The Solana ecosystem has been hot lately, but not all tokens are rising. Meme coin PIPPIN has experienced a rollercoaster—rising from $0.35 on January 2nd to $0.53 yesterday. Just as it was about to take off, it suddenly plunged today, dropping back to $0.34 and wiping out all the gains of this month. In just two days, it fell by 35%, a true feast of cutting losses.
As of now, PIPPIN's market cap remains around $340 million. Such sharp fluctuations are quite typical—Meme coins are like this, with prices driven entirely by market sentiment and hype, without real product support or practical use cases. When hype builds up, more people jump in, and the price soars; when the hype fades, the bagholders have to endure this intense correction.
For users interested in participating in Solana ecosystem trading, it’s important to understand that these types of tokens