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Solana-based Meme coin PIPPIN rebounds 66% from the bottom, with market capitalization back to $400 million
On January 9, according to GMGN monitoring, the market cap of Solana-based Meme coin PIPPIN has rebounded to around $400 million, with a current price of approximately $0.41. Previously, from January 5 to 8, the token’s price continued to decline, reaching a low of $0.235. It has since rebounded about 66% from the low, with a 24-hour increase of 48%. BlockBeats reminds users that Meme coin trading is highly volatile, often relying on market sentiment and hype, and has no intrinsic value or practical use cases. Investors should be cautious of the risks.