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Pippin (PIPPIN) Enters Crypto’s Top 100 Club After Soaring 30% in a Day: More Room for Growth?

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PIPPIN Price


“Really nice chart, pure strength,” one popular analyst stated.

The meme coin pippin (PIPPIN) once again defied the ongoing bearish environment in the cryptocurrency market, with its price rallying by roughly 30% over the past 24 hours.

It has become a point of interest for well-known analysts who believe further short-term gains could be forthcoming.

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Rising Through the Ranks

Earlier today (February 11), PIPPIN’s valuation climbed to as high as $0.46, marking the highest level since the end of January. Currently, it trades at around $0.44 (per CoinGecko’s data), representing a whopping 144% spike on a weekly scale.

PIPPIN Price
PIPPIN Price, Source: CoinGecko

Its market capitalization soared well above $400 million, making PIPPIN the 100th-largest cryptocurrency. Over the past few weeks, it flipped Pudgy Penguins (PENGU), dogwifhat (WIF), and FLOKI (FLOKI) and now stands as the eighth-biggest meme coin. The undisputed leader in the realm remains Dogecoin (DOGE), whose market cap exceeds $15 billion.

According to the analyst who goes by the X moniker Sjuul | AltCryptoGems, PIPPIN has more fuel to post additional gains, setting the next target at around $0.50.

“Really nice chart, pure strength! Extremely well-respected support and resistance levels, and full ripping after that deviation! If I smell this right, resistance should be next,” he said.

Earlier this week, the market observer Satori also put PIPPIN on their watchlist, claiming “a much stronger breakout” might be on the horizon.

Investors Should Beware

While the asset has undoubtedly turned into one of crypto’s sensations in the past few days, those planning to invest in it must tread lightly. First, meme coins are notorious for their high volatility, meaning PIPPIN can make a sudden move and crash by double digits in a short period.

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Second, some analysts on X have warned that the token is primarily driven by speculation, whereas its utility and use cases are questionable (to say the least). Critics like Diane De crypto went even further, calling PIPPIN “the biggest money laundering event happening right in front of your eyes.”

The asset’s Relative Strength Index (RSI) can also be interpreted as a warning sign for investors. The technical analysis tool measures the recent speed and magnitude of the latest price changes, and traders often use it to spot potential reversal points.

It ranges from 0 to 100, and ratios above 70 indicate PIPPIN is overbought and could be due for an imminent pullback. On the contrary, anything beneath 30 might be viewed as a buying opportunity. Currently, the RSI stands at approximately 72.

PIPPIN RSI
PIPPIN RSI, Source: RSI Hunter
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Crypto World

Yield-Bearing Stablecoins Surge as Washington Fights Over Yield

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Yield-Bearing Stablecoins Surge as Washington Fights Over Yield

Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should be treated under US law.

Yield-bearing stablecoins have outpaced the growth of the broader stablecoin market 15-fold over the past six months, according to a Messari research report published on Thursday.

The increase was driven by a 198% rise in the market cap of Circle’s USYC (USYC), a 169% increase in Paxos’ Global Dollar (USDG), a 114% rise in the value of the Tron DAO-linked Decentralized USD (USDD), and a 91% rise in Ondo Finance’s Ondo US Dollar Yield (USDY). The overall stablecoin market capitalization rose 9%.

Messari said the largest yield-bearing stablecoins are starting to function more akin to money market funds or bank deposits. “The winners don’t do payments,” Messari said, adding that the largest issuers focus their offer on a single asset, rather than payment-related use cases. 

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Yield-bearing stablecoins started outpacing the growth of the stablecoin supply in mid October 2025, Messari said. The trend suggests rising demand for blockchain-based US dollar products that offer yield without direct exposure to broader crypto volatility.

Yield stablecoins are currently worth a cumulative $22.7 billion, after their market capitalization rose 11% over the past 30 days, according to Stablewatch data.

The growth of yield-bearing stablecoins, 6-month chart. Source: Messari

While this marks a two-fold increase overthe $11 billion market capitalization reached in May 2025, the $22.7 billion value of yield-bearing stablecoins only accounts for about 7.4% of the total $303 billion stablecoin market capitalization, up from 4.5% in May last year.

Yield-bearing stablecoin supply, top yield-bearing stablecoin, 30-day chart. Source: Stablewatch

Among the largest yield-bearing stablecoins by value are Sky’s (sUSDS), Ethena’s (sUSDe) and Maple’s Syrup USDC, according to DefiLlama.

Cryptocurrencies, Law, Politics, Senate, Stablecoin, Yields
Top yield-bearing stablecoins by weekly yield. Source: Messari

In terms of yield, Maple’s Syrup USDC led this week with a 4.54% annual percentage yield, followed by Maple USDT with a 4.17% APY, Sky Lending’s SUSDS with a $3.75% APY in third place and Ethena’s USDe with 3.49% APY, according to Messari.

Related: Stablecoin payments startup Kast raises $80M at $600M valuation: Report

Lawmakers at odds over stablecoin yield regulations

Despite the growing demand, US lawmakers remain at odds over the market structure bill’s provisions related to yield-bearing stablecoins.

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On Thursday, US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with the crypto market structure bill before April.

Yield-bearing stablecoins have become a key sticking point in the debate, with banking groups warning they could create a loophole that pulls deposits away from traditional banks.

The Senate Banking Committee postponed its markup in mid-January as bipartisan negotiations continued, drawing criticism from US President Donald Trump for delaying the bill.

Related: Stablecoin inflows rebound to $1.7B as Washington battles over yield rules

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The Digital Asset Market Structure Clarity Act, known as the CLARITY Act, is designed to provide a clear regulatory framework for digital assets. The House of Representatives passed the measure on July 17, 2025, and it has been under debate in the Senate since.

The US’s federal stablecoin framework, the GENIUS Act, prohibits issuers from paying interest or yield for holding a payment stablecoin, but still allows third-party platforms to offer reward programs tied to stablecoin holdings. The act was signed into law on July 18, 2025.