PIPPIN bucked the trend, surging over 61%, with analysts saying bulls had strong control.

According to GMGN data, Solana's ecosystem coin PIPPIN bucked the trend and strengthened today, currently trading at $0.1788, a 24-hour increase of 61.9%.

According to analyst @frontrunnersx, PIPPIN has recently shown signs of concentrated accumulation, with some addresses continuously accumulating without any significant selling activity. This has caused the price to repeatedly hit short positions during its upward movement, triggering a chain reaction of liquidations. One address bought approximately $200,000 worth of PIPPIN six days ago, sold it after the price doubled, and is currently taking similar action with ARC.