Traders Scratch Heads as Tipcoin (TIP) Surges 150% Out of Nowhere

Tipcoin (TIP) exploded over 150% today, surging from $0.0001789 to $0.00045. This massive pump comes without any major exchange listings or clear fundamental drivers.

One trader celebrated the pump on Twitter, predicting that TIP could potentially delete another zero in price. However, some caution that this may just be short-term speculation rather than sustainable growth.

Tipcoin is not yet listed on major exchanges like Binance, Coinbase or KuCoin. It can currently be purchased on decentralized exchange Uniswap or smaller exchanges like Bitget and Lbank.

Source: CoinMarketCap

We advise traders who didn’t already buy TIP before the big pump to wait patiently to see if holders begin taking profits, which could lead to a price pullback. BIGTIME coin provides a recent example, dropping 25% today after exploding almost 300% last week.

Tipcoin is a blockchain project that rewards users with tip tokens for engaging on Twitter. By tagging @tipcoineth and using $tip or #tip, users can earn token rewards for tweeting and interacting. This integration as a web3 social network provides unique monetization and engagement.

The project operates via a gamified system across three epochs, where earned points can be exchanged for $TIP tokens into the user’s wallet. Tipcoin brings cryptocurrency benefits to mainstream social media while allowing users to continue connecting with their networks.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.