BREAKING: PIPPIN (PIPPIN) has experienced a severe selloff, plunging 21.3% in the past 24 hours to $0.438309 as of March 3, 2026, at 17:37 UTC, according to live market data.
Massive Market Cap Decline
The sharp price drop has wiped out approximately $117 million from PIPPIN’s market capitalization, which now stands at $438.4 million. The token has fallen from rank #107 among cryptocurrencies by market cap, with market capitalization declining 21.06% in the 24-hour period.
Trading volume has surged to $40.6 million as the selloff accelerated, indicating significant market activity during the downturn. The token hit an intraday low of $0.436981 after opening at a 24-hour high of $0.571625.
Week-Long Decline Continues
The latest crash extends PIPPIN’s brutal 7-day performance, with the token now down 43.64% over the past week. Just the past hour has seen an additional 4.63% decline, suggesting continued selling pressure.
PIPPIN is now trading 50.87% below its all-time high of $0.897199, reached on February 26, 2026—just five days ago. The rapid reversal from ATH represents one of the most severe corrections in recent cryptocurrency market history.
Supply and Valuation Metrics
With a circulating supply of 999.94 million tokens out of a maximum supply of 1 billion, PIPPIN is nearly fully diluted. The fully diluted valuation matches the current market cap at $438.4 million, indicating minimal additional selling pressure from token unlocks.
30-Day Performance Still Positive
Despite the recent carnage, PIPPIN remains up 137.63% over the past 30 days, suggesting the token experienced a parabolic rally before this week’s sharp correction. The token has gained 7,848.71% from its all-time low of $0.0055459 recorded on December 30, 2024.
Market Context
The PIPPIN selloff comes amid broader cryptocurrency market volatility in early March 2026. Traders should exercise extreme caution as the token continues to exhibit high volatility with no clear support level established.
Market analysts are closely monitoring whether PIPPIN can stabilize above the $0.43 level or if further capitulation lies ahead. The next 24 hours will be critical in determining the token’s short-term trajectory.
Last updated: March 3, 2026, 17:37 UTC
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About the Author: Ananya Melhotra
