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How Are Traders Playing It?

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PIPPIN Price


PIPPIN is now the 7th-largest meme coin.

While the broader cryptocurrency market has been struggling in the past weeks, the lesser-known meme coin pippin (PIPPIN) defied the bearish environment by posting an impressive rally.

Momentum around the asset has been building, with rising popularity fueling fresh price predictions and prompting traders to open interesting positions.

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The Next Targets

Pippin exploded by 300% over the past two weeks, hitting a new all-time high of almost $0.76 on February 15. Currently, it trades at around $0.73 (per CoinGecko’s data), whereas its market capitalization stands at roughly $730 million. This makes it the 82nd-largest cryptocurrency and the 7th-biggest in the meme coin sector.

PIPPIN Price
PIPPIN Price, Source: CoinGecko

Its impressive performance has caused traders to open long positions in anticipation of further gains. X user Tryrex disclosed an entry at $0.695 with 7x leverage, a stop-loss placed at $0.6034, and aims to take profits if the valuation reaches $0.9755.

Shortly after, they made a slight amendment, moving the stop-loss to $0.6125 and “slightly increasing” the position. “That means I’m aiming for 3.4R. The target remains $0.97,” the trader added.

Crypto Tony said they are awaiting a test of the $0.78 level to see whether “the bulls can flip the high and continue, or if we then look for shorts.” For now, the analyst remains spot long on PIPPIN.

It is important to note that not all traders are so bullish. X user Nehal identified a potential short setup, describing the $0.75-$0.72 range as a good entry zone, with $0.63, $0.56, and $0.51 as the next targets, and placing a stop-loss at $0.81.

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Tread Carefully

People considering whether to deal with PIPPIN should be extremely cautious for several reasons. First, it is part of the meme coin sector, widely regarded as one of the most volatile areas of the cryptocurrency market. Tokens from that niche can rise by double and triple digits in a short period of time, but they may also collapse just as quickly to literally zero.

Moreover, many argue that PIPPIN’s use cases are questionable (to say the least), while its pump is primarily driven by pure speculation. X user van00sa believes that insiders hold more than 80% of the meme coin’s supply, which could enable them to manipulate its price.

“Last cycle, this thing hit $330M and crashed 90% to $8M. Now it’s back up double with even less fundamentals than before. Generational short imo. Just make sure your risk tolerance is high,” she warned.

Shual is also among the critics. The X user thinks PIPPIN’s rise is driven entirely by supply control and manipulation, and that the success of such coins (albeit short-lived in many cases) could damage the reputation of the entire crypto industry.

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Crypto World

Telegram Has Been Downloaded Over 50M Times in Iran, Despite Ban: Durov

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Decentralization, Privacy, Liberty, Telegram, Cypherpunks, Pavel Durov

The Iranian government’s attempt to block the Telegram messaging application in the country has backfired, as users find ways to circumvent national firewalls and online controls, according to Telegram co-founder Pavel Durov.

“Iran banned Telegram years ago,” Durov said on Friday; however, tens of millions of users in the country have managed to access the application via virtual private networks (VPNs) and other similar tools, he added.

VPNs route web traffic through servers distributed around the globe to mask the true Internet Protocol (IP) addresses of users and obscure their locations. This allows individuals with VPN access to bypass national online restrictions. Durov said:

“The government hoped for mass adoption of its surveillance messaging apps, but got mass adoption of VPNs instead. Now, 50 million members of the digital resistance in Iran are joined by over 50 million more in Russia.”

Decentralization, Privacy, Liberty, Telegram, Cypherpunks, Pavel Durov
Source: Pavel Durov

Decentralized technologies like blockchain, crypto and encrypted messaging applications can mitigate or neutralize state-imposed online restrictions and surveillance infrastructure, promoting individual liberty, proponents of decentralized technology say.

Related: Global turmoil pushes uptake of decentralized messengers, social media

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Users turn to decentralized alternatives amid online blackouts

The government of Iran imposed a nationwide internet blackout in January 2026, amid growing protests and civil unrest, which is still in effect due to the ongoing war between Israel, the United States and Iran.

Residents in the country can still access the internet through Starlink, a satellite-based network, or communicate via BitChat, a messaging application that uses Bluetooth radio waves to form a mesh network between devices.

BitChat’s mesh network transforms each device into a relay node that transfers data to other devices running the application within range, bypassing online and satellite-based systems entirely.

Decentralization, Privacy, Liberty, Telegram, Cypherpunks, Pavel Durov
The components of the BitChat messaging application tech stack. Source: GitHub

The government of Nepal imposed a social media ban in September 2025 amid growing protests, causing a spike in BitChat downloads.

Bitchat was downloaded over 48,000 times in Nepal the week of the social media ban, and the government of Nepal was toppled by protestors that same month.

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The application recorded a similar download spike in Madagascar amid protests, which also occurred around the same time as the political revolution in Nepal.

Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in