Well, well, well… look who’s defying all odds and showing us how it’s done in the crypto world. Fartcoin, the meme coin you didn’t take seriously, has managed to hold its ground like a stubborn donkey in a storm. On Tuesday, this little token surged by over 25%, hitting $0.6040âits highest point since March 26! From its lowest low in March, Fartcoinâs risen like a phoenix, and the best part? It’s now the undisputed champion of Solana meme coins. Take that, Bitcoin!
Wait, there’s more. Fartcoin’s been hanging around like a cool kid in schoolâcalm, collected, and steadily holding on even when the rest of the crypto market was flopping like a fish out of water. As the broader crypto market tried to bounce back, Fartcoin decided to just stay cool, hitting a resistance level at $0.7153 twiceâonce on February 11 and again on March 26. But… spoiler alert: it couldn’t break through. That didnât stop it though. Nope, itâs still thriving!
Now, get ready for the juicy partâthis coin is showing some serious signs of a bullish breakout. Fartcoinâs pulled off a classic âcup and handleâ pattern. In plain English? This is a sign that the coin is ready to take off. The price is holding steady above the 50-period EMA, like itâs sitting on its throne, ruling over all the other coins. Plus, the RSI and MACD indicators are giving it a thumbs-up! Things are looking up for this smelly treasure. đ
If Fartcoin can bust through that stubborn resistance at $0.7153, we could see it soar towards $1.1645âand who knows? Maybe even $1.2285, which is a 100%+ gain from where itâs at now. But, and itâs a big but, if it falls below the support level at $0.355, well… it might be time to kiss that dream goodbye.
Even Bloombergâs Eric Balchunas is scratching his head. He recently posted on X (formerly Twitter, weâre still adjusting), âFartcoinâs up 8% while everything elseâBitcoin, Ether, even goldâare in the gutter! Someone please explain this madness!â Yes, Eric, itâs madness, but itâs happening. đ
Speaking of which, Fartcoin up 8% again today. Literally everything is down, even treasuries and gold. Bitcoin and Ether both in gutter. Can someone explain this?
â Eric Balchunas (@EricBalchunas) April 7, 2025
So, what could push Fartcoin even higher? Well, for starters, if the crypto market bounces back after the panic caused by tariffsâkind of like how it did after the COVID crashâFartcoinâs probably gonna join the party. Or, if the Fed cuts interest rates or trade tensions ease, crypto prices, including Fartcoin, could take a massive leap.
Then there’s the loyal Fartcoin army. With over 150K holders and whale activity suggesting big things, this meme coin’s got some serious backing. Not to mention, all Fartcoin tokens are already unlockedâso no future token dumps to worry about. Unlike other meme coins that might leave you holding the bag, Fartcoinâs in it for the long haul.
And hereâs the kicker: even when Bitcoin took a nosedive on April 3, Fartcoin didnât just sit there and cry. Nope. It bounced back like a champ, jumping a whole 36% the very next day. Talk about resilience! đŠžââïž
Plus, on-chain data shows that Fartcoinâs recent price surge isnât a result of shady price manipulation. Whale transactions, worth anywhere from $100K to over $1M, have been pretty low lately, proving that the growth is organic. This meme coinâs got real muscle behind it!
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2025-04-08 13:54