This wave of market activity looks like a struggle for dominance in the short-term cycle. Some say PIPPIN could go 20x, but what’s the reality—investing 100U might really be the peak.

From the current trend, this is the stage where the big players are testing the waters. You’ll notice a pattern: every time it surges higher, there are people enticing more longs, but then it just weakly pulls back. This isn’t a technical issue, but a game of opposing forces within the market. There are rumors that the other side’s backup chips are almost exhausted, and some say they are intentionally creating chaos.

Interestingly, the order placement mechanism has recently changed. What does this usually mean? It indicates that market makers genuinely want to oppose this side. Looking at the current market cap, with such prolonged high-level oscillations and still testing around 0.4, it shows significant pressure.

But here’s a problem you can’t ignore—the logic of the meme coin is inherently like this. The market is full of bearish voices, so if a real rally happens, it might just take a few seconds to blow through those short positions. So instead of asking whether it will rally, it’s better to ask yourself if you can keep up when it does.