The recent price action of the pippin token is really both confusing and obvious at the same time. The market makers' manipulation is honestly disgusting—they crash the price until everyone panics, then suddenly pump it back up, repeating the cycle to keep harvesting profits. But the more we see these kinds of shady moves, the closer we probably are to a real collapse.

Think about it: from the bottom, it's already up almost 10,000%. In theory, these kinds of altcoins can deliver 100x returns in a market like this. But the problem is, aside from the project team and those market makers, regular retail investors can't hold onto their positions at all. You can clearly feel that the inflow of funds isn’t as strong as before. Most likely, there’ll be one final pump to trap and harvest more people, and after that, it’ll start going downhill.

My personal assessment is that at this level, shorting on the rebound is the safer play. Let’s watch the show—what’s meant to happen will happen.