PIPPIN Surges 150% and “Bankrupt” Assets Stage a Weekend Comeback

 From December 1 to December 7, market sentiment on HTX turned sharply higher, driven by a combination of macro volatility and renewed risk appetite. A wave of high-beta assets on this global leading exchange posted outsized gains, with Solana- and BSC-based AI meme coins leading a broad rebound. PIPPIN, FHE, and other high-volatility names significantly outperformed with a dead-cat bounce, while long-dormant “bankrupt” assets saw a surprise rotation amid renewed discussion around Terraform founder Do Kwon. Below is a recap of the week’s standout performers on HTX.

SOL Memecoin Sector Extends Leadership as Liquidity Returns to the Chain

Solana ecosystem remained the epicenter of the high-volatility narrative, with capital flows finding their most attractive destinations in AI and memecoin assets. The narrative continues to attract short-term speculative capital, and Solana once again proved to be one of the most efficient incubators for high-elasticity assets.

● PIPPIN (Pippin): +150%, as the strongest performer of the week. PIPPIN is an SVG unicorn generated using the latest LLM benchmarks on ChatGPT 4o. It is created by Yohei Nakajima, a recognized innovator and thought leader in the AI VC field, with Jeff Bezos and Marc Andreessen often referenced as peers in influence.

● FARTCOIN (Fartcoin): +37%. The token is a memecoin inspired by the AI chatbot Truth Terminal.

● MOODENG (Moo Deng): + 32%, benefiting from a Solana ecosystem-wide spillover.After chasing AI-themed memecoins, market participants are now expanding their focus to include the traditional memecoin sector.

BSC AI Tokens Continue Building Momentum

The BSC AI sector delivered similarly strong performance, supported by a structural trend favoring technical narratives, asset-light strategies, and high community engagement. This combination has made BSC one of the more fertile environments for short-term liquidity resonance. This week’s gains underscore that capital remains eager to hunt for high-beta opportunities within the “low-barrier, strong-narrative” sectors.

● FHE (Mind Network): +135%, earning the second-highest increase among all tracked assets. The project is driving development of the next-generation zero-trust transmission protocol, HTTPZ. Ongoing discussion around homomorphic encryption and on-chain data security amplified market interest.

● SKYAI: +65%, as BSC’s small-cap AI tokens continued their growth pattern. Currently, SKYAI already supports aggregated datasets from both BSC and Solana, totaling over 10 billion lines of data.

● B (BUILDon): +46%. BUILDon is a hybrid Layer 2 solution leveraging Bitcoin’s security model alongside EVM compatibility to streamline decentralized application development.

“Bankrupt” Tokens Make an Unexpected Weekend Rebound

The most surprising bounce-back came over the weekend as the long-inactive sector abruptly staged a strong recovery. The Terra ecosystem – LUNC, USTC and LUNA – led the rebound.

● LUNC (Terra Classic): +104%, topping the gainers of the category. Terra Classic (LUNC) is the original native cryptocurrency of the Terra blockchain. It is rebranded to Terra Classic following the collapse of the Terra stablecoin (UST) and the network fork in May 2022, distinguishing it from the new Terra blockchain (LUNA 2.0). The twin catalysts of “reorganization expectations” and “historical sentiment” from the community have once again become the asset engine.

● USTC (Terra Classic USD): +56%, moving in tandem with LUNC. USTC is a decentralized algorithmic stablecoin pegged to the US dollar.

● LUNA (Terra): +52%, as a continuation of the sector’s recovery. Despite the eye-catching gains, market participants continue to emphasize that these assets remain driven largely by nostalgia-based trading and carry exceptionally high volatility and risk.

AI Memecoin and Terra Ecosystem Drive Risk-On Rebound

Overall, the week marked a textbook return of “speculative season.” Solana and BSC’s AI memecoins delivered outsized performance, while the unexpected surge in the Terra ecosystem added a second driver for short-term risk appetite. The performance of HTX’s listings reflected rapid sector rotation and high elasticity.  

As multiple narratives continue to rise simultaneously, HTX remains committed to leveraging its global platform resources and rapid listing responsiveness to capture emerging wealth-creation opportunities early. The platform will continue expanding high-quality listings at speed, supporting traders as the market enters the next phase of momentum-driven growth.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord. For further inquiries, please contact [email protected].

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