PIPPIN's Contrarian Rally Pushes Market Cap Above $200 Million, 24-hour Gain Reaches 42.3%

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On December 2nd, per market data from GMGN (link: https://t.me/gmgnaibot?start=i_m4TE56o8), Solana-based meme coin PIPPIN has rallied against broader trends. It now boasts a market cap topping $200 million, a current price of $0.208, and a 24-hour gain of 42.3%. Earlier, analyst @frontrunnersx flagged abnormal trading activity in PIPPIN: certain wallets accumulated holdings without selling, pushing up prices to lure short sellers. These shorts were then repeatedly liquidated via front-running, creating a leverage "death spiral." BlockBeats advises users that meme coin prices are extremely volatile, and they should exercise caution when investing.

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Monad Chain Meme Coin CHOG Recovers from Yesterday's Decline, Registers Nearly 60% Gain in 24 Hours

On December 2nd, per GMGN monitoring (via this link), CHOG—a meme coin on the Monad blockchain—briefly dipped below a $2.5 million market cap yesterday before continuing to climb. Over the past 24 hours, it has surged roughly 60%, with a current market cap of around $4.1 million and a price of about $0.0041. The token has recovered from yesterday’s decline and is now the largest meme coin on the Monad chain. BlockBeats advises users that meme coins are prone to extreme price volatility, often driven by market sentiment and hype, with no inherent value or practical use case. Investors should exercise caution and be aware of the significant risks involved.

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Crypto KOL paulwei has publicly shared his live trading on Hyperliquid, and recently placed a buy order in pyramid pattern to go long on BTC.

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