BREAKING: Pippin (PIPPIN) Crashes 56% to $0.16 in 24 Hours

Pippin (PIPPIN) experienced a catastrophic price collapse on March 17, 2026, plunging 56.3% to $0.161926 as massive selling pressure wiped out more than half of the token’s value in a single day.

The dramatic decline erased $208.5 million from Pippin’s market capitalization, which now stands at $161.8 million, dropping the token to rank #207 among cryptocurrencies. Trading volume surged to $65.3 million as investors rushed to exit positions during the selloff.

Sharp Price Movement Details

Pippin’s price declined from a 24-hour high of $0.372326 to a low of $0.159701, representing extreme intraday volatility. The token briefly recovered above $0.16 but remains under severe pressure. The current price sits 81.8% below the all-time high of $0.897199 reached on February 26, 2026, just three weeks ago.

The hourly data shows continued weakness with an additional 6.1% decline in the past hour, suggesting the selling pressure has not yet abated. Weekly performance shows a 56.9% loss, while the 30-day chart reveals a devastating 77.8% decline.

Market Cap and Supply Metrics

With nearly complete circulation of 999.9 million tokens out of a maximum supply of 1 billion, Pippin’s fully diluted valuation mirrors its current market cap at $161.8 million. The high circulation rate means minimal additional supply pressure, making the current decline purely demand-driven.

Trading Volume Surge

The $65.3 million in 24-hour trading volume represents approximately 40% of the token’s total market capitalization, indicating heavy trading activity and potential capitulation selling. This volume-to-market-cap ratio suggests significant investor concern and portfolio rebalancing.

What This Means for Traders

The magnitude of this single-day decline raises questions about potential catalysts driving the selloff. Traders should exercise extreme caution, as volatility of this scale often precedes further price discovery. The token remains 2,842% above its all-time low of $0.0055459 from December 30, 2024, but the recent trajectory shows rapid deterioration from February highs.

Market participants should monitor trading volumes and support levels closely. The $0.16 price level may serve as psychological support, though technical indicators suggest momentum remains firmly to the downside.

Last updated: March 17, 2026, 03:51 UTC