PIPPIN token has experienced a severe price collapse, plunging 34.7% to $0.125993 in the past 24 hours as selling pressure intensifies across the cryptocurrency market.
The sharp decline has erased $56.37 million from PIPPIN’s market capitalization, which now stands at $128.58 million, according to live market data updated at 00:07 UTC on March 18, 2026.
Price Action and Trading Volume
PIPPIN touched an intraday low of $0.126412 before stabilizing slightly at current levels. The token previously traded as high as $0.203041 within the 24-hour period, representing a 38% drop from the daily peak.
Trading volume has surged to $63.92 million, indicating heightened market activity as investors react to the price decline. This volume represents approximately 49.7% of the token’s current market capitalization, suggesting significant liquidity movement.
Extended Downtrend Continues
The latest crash extends PIPPIN’s prolonged downtrend across multiple timeframes:
- 7-day performance: Down 64.8%
- 30-day performance: Down 82.0%
- 1-hour change: Down 9.6%
PIPPIN currently ranks #233 by market capitalization, with a circulating supply of 999.94 million tokens out of a maximum supply of 1 billion tokens.
Distance from All-Time High
The token is now trading 85.8% below its all-time high of $0.897199, reached on February 26, 2026, less than three weeks ago. This represents a catastrophic loss of value in a short timeframe, with the token surrendering the vast majority of its previous gains.
Despite the current decline, PIPPIN remains 2,199% above its all-time low of $0.0055459, recorded on December 30, 2024.
Market Context
The fully diluted valuation matches the current market cap at $128.58 million, indicating that nearly all tokens are already in circulation. With only 62,782 tokens remaining until the maximum supply is reached, inflation pressure from new token emissions appears minimal.
The market cap change percentage of -30.5% in the past 24 hours indicates that the selloff has been particularly severe relative to the token’s size, potentially signaling reduced investor confidence or broader market concerns affecting smaller-cap tokens.
This is a developing story. Market participants should exercise caution and conduct thorough research before making investment decisions.
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About the Author: Ananya Melhotra
