PIPPIN Reaches $450M Market Cap, Hits All-Time High

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PIPPIN, a Solana-based meme coin, hit a new all-time high on December 16, with market excitement pushing its 24-hour surge to 26%. The token’s market cap reached $450 million before settling at $440 million, with a price of around $0.44. Meme coins trend remains strong, but Blockbeats cautions that these assets are highly volatile, driven by hype and sentiment, with no fundamental value or use cases. Investors are urged to stay cautious.
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