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#CryptoMarketWatch
pippin (PIPPIN) Coin Up 44%: Strong Buying Pressure Continues!
PIPPIN attracted attention with a record jump of 44% in the last 24 hours, reaching $0.3955. The strong buying pressure has triggered investor interest, allowing the coin to diverge positively from the overall market trend.
📌 Highlights About PIPPIN
Market Cap and Volume: With a market cap of $0.39 billion and a trading volume of $44.92 million, this indicates an acceleration in liquidity flow and is a promising sign for sustainability.
Mid-Term Performance: A weekly gain of 2.18% supports a monthly increase of 20.05%, outlining a steady growth trajectory.
Approaching ATH: Despite being 28.71% away from its all-time high, the current momentum may signal a journey toward the peak.
What Does PIPPIN’s Positive Divergence from the Market Mean?
Compared to the modest 0.50% rise in the global crypto market, PIPPIN’s daily performance of 43.47% shows a clear divergence. This indicates that coin-specific dynamics are strengthening buying pressure.
Price Level: $0.3955 has gained upward momentum by surpassing short-term supports.
Volatility Effect: The high volatility of 43.85% increases opportunities but also brings risks; careful portfolio management is essential.
Global Correlation: The overall market increase of $3.20 trillion supports PIPPIN’s recovery, but the coin’s own ecosystem demand remains the main driving force.