Cryptocurrency Market Under Pressure as Pippin Surges

The cryptocurrency market continues to face challenges, with major tokens like Bitcoin struggling to gain traction. Despite this, a lesser-known token called Pippin has made significant gains, surging 135% over the past four weeks.

According to market intelligence platform LunarCrush, Pippin's price action is driven by strong speculative interest and rapid market cap growth. However, concerns about manipulation and potential 'crime' have been raised, suggesting that the current price may be influenced by artificial pumps rather than organic demand.

The rally in Pippin has sparked attention, with some experts warning of potential volatility and even money laundering allegations. This comes amidst broader market uncertainty, with U.S. tariffs and fears of AI-driven disruptions contributing to a downturn in risk assets.