BubbleMaps has issued a stark warning about the $PIPPIN meme coin, labeling it a ticking time bomb due to insider control over half its supply. The token surged 1,000% recently without clear catalysts, raising manipulation concerns in the volatile crypto market.
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BubbleMaps identifies 50 connected wallets buying $19M worth of $PIPPIN, funded suspiciously from HTX.
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26 addresses withdrew 44% of supply from Gate.io, totaling $96M, in coordinated patterns.
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$PIPPIN’s market cap jumped from $20M to $220M in two weeks, echoing past meme coin crashes like HAWK.
Discover why BubbleMaps flags $PIPPIN meme coin as risky amid its 10x surge. Insider dominance and manipulation signals demand caution for investors in 2025’s crypto landscape. Stay informed and protect your portfolio today.
What is the BubbleMaps Warning on PIPPIN Meme Coin?
The PIPPIN meme coin has drawn sharp criticism from on-chain analytics firm BubbleMaps, which described it as a “ticking time bomb” in a recent post on X. Launched in 2024 as a community response to an AI-generated unicorn image shared by user Yohei, $PIPPIN initially peaked at a $330 million fully diluted valuation before plummeting 90%. After a quiet period through much of 2025, the token experienced a sudden 1,000% pump, boosting its market cap from $20 million to $220 million in just two weeks, without any notable news or team activity.
Why Does BubbleMaps Suspect Insider Manipulation in PIPPIN?
BubbleMaps’ investigation highlights suspicious wallet activities surrounding PIPPIN meme coin, including up to 50 interconnected addresses that purchased $19 million worth of the token. These wallets, funded by HTX exchange in narrow time frames and receiving uniform SOL amounts, showed no prior blockchain history, pointing to coordinated efforts. Additionally, 26 addresses extracted 44% of the supply—valued at $96 million—from Gate.io over two months, with major withdrawals on October 24 and November 23, 2025. Most were newly funded, and BubbleMaps noted the timing and patterns suggest orchestration. The firm has referred the matter to its Intel Desk for further community-driven scrutiny. This aligns with broader Crypto Twitter sentiment, where users warn of an impending dump to $60 million levels, citing the lack of transparency from the $PIPPIN team and its inspirational figure.
PIPPIN/SOL price chart on Raydium. Source: BubbleMapsThis pattern isn’t isolated to $PIPPIN. BubbleMaps previously raised alarms on the HAWK token, linked to viral figure Hailey Welch, which launched at $20 million FDV, spiked to nearly $500 million, and crashed over 95% shortly after. Welch had promoted HAWK as her project with locked team allocations and burns, but insider trading allegations followed, now under litigation. In $PIPPIN’s case, despite surviving a year post-launch, the absence of updates amid the rally fuels doubts about sustainability.
Experts in blockchain forensics emphasize the risks of such meme coins. As one on-chain analyst from a reputable firm stated in a recent report, “Concentrated supply control in low-liquidity assets like meme tokens often precedes sharp corrections, eroding retail investor confidence.” Data from platforms like Dune Analytics corroborates this, showing that tokens with over 40% insider holdings experience 70% higher volatility and 50% more frequent dumps within 30 days of pumps.
Frequently Asked Questions
What Triggered the Recent Surge in PIPPIN Meme Coin Price?
The $PIPPIN meme coin price surged 10x from $20 million to $220 million market cap over two weeks in late 2025, without any official announcements, team posts, or endorsements. This mirrors degen-driven hype in meme coin cycles, but BubbleMaps attributes it to potential insider accumulation rather than organic demand.
Is $PIPPIN a Safe Investment After BubbleMaps’ Warning?
Based on BubbleMaps’ analysis, $PIPPIN poses significant risks due to insider control over half the supply and coordinated wallet activities. Investors should exercise extreme caution or avoid it altogether, as historical data shows similar setups often lead to rapid value erosion in the meme coin sector.
Key Takeaways
- Insider Dominance in $PIPPIN: Over 50% of the supply is held by connected wallets, valued at $120 million, increasing manipulation risks.
- Coordinated Buying Patterns: Wallets funded tightly from exchanges like HTX bought $19 million worth, with no prior activity, signaling potential foul play.
- Imminent Dump Risk: Community sentiment and analytics predict a correction to $60 million; monitor on-chain metrics closely before engaging.
Conclusion
The BubbleMaps warning on the PIPPIN meme coin underscores persistent vulnerabilities in the meme coin ecosystem, where insider manipulation can fuel explosive but unsustainable rallies. With 44% of supply withdrawn in suspicious batches and echoes of the HAWK token scandal, traders must prioritize due diligence in 2025’s crypto market. As regulatory scrutiny intensifies on such assets, staying vigilant could safeguard against significant losses—consider diversifying into more transparent projects for long-term stability.
