$pippin dropped about 29.34% to $0.0548 over the past 24 hours, sharply underperforming a slightly weaker crypto market as heavy selling pressure triggered a wave of capitulation among holders. Trading volume surged more than 300% to around $80 million during the decline, indicating strong exit activity rather than a lack of liquidity.
The broader market weakness also contributed to the negative sentiment.
In the near term, the trend remains bearish, with stabilization possible if selling pressure begins to ease, while failure to hold near current levels could lead to further downside toward lower support zones