The trend of the PIPPIN coin is indeed quite interesting. From the low point of 0.22, it has managed to rebound. The community has already gone into a frenzy, with many claiming that big players are either whales or pumpers. I’ve been thinking that this judgment might actually have some truth to it.



Just think about it, who would do such a thing? A large-capital player would close their position and take profits with a few hundred thousand in mainstream coins, acting quickly. But when it comes to small coins like PIPPIN, they stubbornly hold such a large volume without moving. This operational approach is inconsistent and the logic doesn’t quite add up.

If there weren’t some special purpose, like eating retail investors’ chips, controlling the rhythm, or repeatedly pumping the price, a rational trader wouldn’t play like this. Normal people’s risk aversion should be consistent; a sudden change in attitude between big and small coins must have a reason, right?
PIPPIN-16,08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ServantOfSatoshivip
· 01-08 14:32
This theory sounds indeed smooth, but I feel like something is missing... If big players really want to control the market, why bother repeatedly pushing the price up? Wouldn't it be faster to just dump it directly? Are retail investors' chips so scarce that they have to stubbornly fight at the 0.22 price level? It seems more like someone genuinely believes in this project, otherwise they would have already sold out.
View OriginalReply0
BankruptcyArtistvip
· 01-07 23:48
This move is indeed strange. Large investors quickly sold off mainstream coins and then immediately fought hard on PIPPIN, which seems like they are taking advantage of retail investors no matter how you look at it.
View OriginalReply0
SwapWhisperervip
· 01-07 23:32
0.22 rebound, this wave is indeed interesting, but are big players really the market makers? I don't think so. Small coins have poor liquidity, and the cost to pump is actually lower. Retail investors are always looking for market makers, but they don't realize that those who truly make money don't need to go through such trouble. This logical flaw is quite significant. Is the risk aversion level the same for everyone? Who told you that trading mentality will change? Small coin traders are just prone to conspiracy theories. Every time there's a rebound, they say it's the market maker. Why not just buy BTC directly? I haven't followed PIPPIN's story, but the tactics are all the same—first hype up the popularity, then proceed.
View OriginalReply0
LiquidationKingvip
· 01-07 23:25
Uh, this logic sounds a bit far-fetched to me. Just because big players hold positions in small coins, does that necessarily mean they're whales? It could just be stubbornness. Not everyone operates strictly according to textbook risk aversion; anyone's mood can get blown up and lead to chaotic actions. As for PIPPIN, I want to see how much it can rebound to. Let's talk about it later.
View OriginalReply0
GateUser-bd883c58vip
· 01-07 23:22
I've seen this trick from the market makers many times, but I can't tell if PIPPIN's current rebound is genuine or just another round of cutting the leeks.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)