Although broadly characterized by speculative flows, PIPPIN’s native token surged 148% in 24 hours to reach $0.0577, driven principally by a coordinated 15% supply burn and a new listing on Binance Perpetuals that together increased scarcity, visibility, and leveraged trading interest. Market metrics reflected the rapid revaluation, as market capitalization climbed to $53.15 million and 24-hour trading volume spiked to $111 million, signaling intense transactional activity and heightened liquidity. The price movement occurred within a broader meme coin rally on November 24, 2025, when several community-driven tokens recorded outsized gains amid renewed retail participation. Observers noted that the juxtaposition of tokenomics and exchange access amplified momentum more than organic fundamental changes alone. Token burns permanently remove tokens from circulation by sending them to inaccessible addresses, directly impacting supply dynamics.
PIPPIN shot up 148% after a 15% burn and Binance Perpetuals listing, sparking massive volume and hype
The 15% token supply burn constituted a deliberate reduction in circulating supply, an action frequently used to create scarcity and attempt to bolster investor confidence, and the event was announced concurrently with the launch of an AI agent tied to the project. Community response to the burn and AI announcement was broadly positive, producing increased buying pressure and elevated discussion across social platforms, which contributed to short-term demand. From a technical standpoint, burns alter the supply-demand equilibrium, and in a low-liquidity market segment like meme coins, even modest supply contractions can materially affect price discovery, especially when paired with promotional campaigns.
Binance Perpetuals listing materially changed trading dynamics by providing derivatives access and enabling leveraged positions, which tend to magnify both inflows and volatility, and the listing increased the token’s visibility among derivative-focused traders. Perpetual contracts typically attract participants seeking directional exposure with leverage, and their introduction often leads to significant surges in volume and transient price impact, as seen with PIPPIN. The listing also raised questions within the community regarding sustainability and risk management, with debates centering on whether enhanced liquidity and leverage create durable market depth or simply accelerate speculative cycles.
Longer-term forecasts, including models projecting $0.3245 by December 2025 and $0.7678 by 2030, reflect optimistic scenarios based on recent momentum, but analysts cautioned that such predictions remain contingent on continued adoption, macro conditions, and the project’s ability to convert novelty into lasting utility, underscoring the inherent volatility of the meme coin sector. Additionally, market observers highlighted that token unlocks scheduled later in November could amplify volatility across small-cap meme tokens.
The rally also briefly pushed the token well above several moving averages, with price trading above EMAs on the daily chart, signaling short-term bullish technical momentum.
