Cryptocurrency trader earned more than $ 3.6 million on little-known cryptocurrency Pippin

Editor’s note: not investment advice!

A trader has earned more than $ 3.6 million in less than two months by investing in the PIPPIN token. According to the Lookonchain analytical service, on October 24, the investor purchased 8.16 million tokens for $ 180,000, and now his position is estimated to be almost twenty times more expensive. This rapid growth has made PIPPIN one of the most talked-about assets among meme-coin traders.

At the time of publication, the price of the token is about $ 0.44, and it is traded on the Binance exchange. Market data indicates significant volatility of the asset: after rapid growth, quotes periodically show short corrections, but the overall trend remains upward.

In the X community, market participants speculate that the trader may be affiliated with the project team. Some users said that PIPPIN is a «manipulated token,» and the investor’s wallet may be part of a structure that bought up most of the supply — about 80% - to artificially drive up the price.

Despite the controversy, the PIPPIN story has once again drawn attention to the risks and speculative nature of meme coins, where potential profits are accompanied by increased risks of losses. Earlier, Incrypted reported on another trader who turned $ 716 into $ 244,000 in just a week by trading the Franklin token.

Experts note that such success stories attract new participants to the meme-coin segment, but most of these assets remain unstable and vulnerable to manipulation, which requires special care from investors.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious cryptocurrency projects and little-known digital assets!