Having spent years in the crypto market, I’ve seen plenty of wild tokens, but the manipulation tactics behind $PIPPIN have truly pushed my boundaries of what’s possible.

Have you ever seen a project where tokens are highly concentrated, yet retail investors are still spun around like tops? This is a textbook case. A quick look at the on-chain data shows that most circulating tokens are sitting in just a few whale addresses, and the price movement is entirely dictated by their personal whims. They’ll go sideways for three to five days, pretending to be dead, but in reality, they’re quietly setting up. When the time is right, they either pump the price with huge volume or smash through support in an instant—regular players don’t even have time to react.

And don’t get me started on funding rates—the way they profit is just shameless. In the perpetual contracts market, both longs and shorts are being milked dry: the shorts have already been numb from getting liquidated, and now even the long positions are clearly shrinking. Positions are getting more passive by the day; everyone watches opportunities slip by but can’t catch them, and anyone who’s been there knows how frustrating that feels. There’s no clear direction in the market, prices swing on the whales’ moods, and retail investors can only sit and watch.

The craziest thing? Aren’t MEME coins supposed to rely on community-driven hype? Yet $PIPPIN is keeping itself relevant by repeatedly manufacturing its own buzz and presence. This self-produced drama means genuine discussion never cools off, and it’s nearly impossible for the bears to find a window to fight back.

Bottom line, projects dominated by big players like this are everywhere now. Retail friends, stay sharp—don’t get blinded by all the surface-level excitement. Be cautious when you need to be, or you’ll be the one left holding the bag.