Solana Meme Coin PIPPIN Surges 66%, Market Cap Reclaims $400 Million

PIPPIN Soars 66% in Comeback Rally

On January 9, data shows the Solana-based meme coin PIPPIN has surged from its recent low of $0.235 to around $0.404, marking a 66% rebound. Its market cap has climbed back above $400 million, with a 48% gain in the past 24 hours, signaling renewed investor interest.

What’s Driving the Recovery?

Despite lacking real-world utility, PIPPIN has maintained strong community engagement and on-chain activity. Its resilience highlights how low transaction fees and fast processing on Solana fuel rapid meme coin momentum during volatile market phases.

Beware the Volatility Trap

• Meme coins are driven by sentiment, not fundamentals
• Sharp pullbacks can follow rapid gains
• Risk management is crucial—avoid overexposure

While momentum is strong, sustainability remains uncertain amid speculative trading trends.