Fartcoin Drops 10.62% on Binance.US Debut Amid High Volatility

Fartcoin, a Solana-based meme coin with strong roots in internet humor, made its debut on the Binance.US exchange on June 18, 2025. The listing was highly anticipated, but the token's price experienced significant volatility, dropping over 10% within the first day of trading. The price of Fartcoin opened around $1.24 and briefly surged past $1.30 before reversing course and declining sharply to $1.12, reflecting a daily loss of 10.62%. This downward shift suggests early profit-taking or weak bullish momentum.

The price action indicates strong resistance between $1.30 and $1.32, which served as the reversal point. Another resistance zone lies at $1.24, marking the initial support turned resistance after the dip. Support levels are now forming between $1.10 and $1.12. If bearish pressure continues, the next psychological floor of $1.00 may be tested.

Despite the price drop, trading activity for FARTCOIN has been extremely high. This suggests heightened speculative interest accompanied the coin’s novelty and the Binance.US listing. However, technical indicators show slight bullish momentum but not enough to confirm a trend reversal. The MACD line is just above the signal line, and the histogram is barely positive. The RSI stands at 47.31, indicating neutral market sentiment and reflecting indecision among traders.

Fartcoin’s fundamentals remain unproven, with a project profile score of 48% pointing to several possible concerns, including volatility and lack of historical performance. However, with a market cap of $1.12 billion and nearly the full supply already circulating, liquidity does not appear to be a concern for now.

According to analysts' forecast, Fartcoin is predicted to drop to a price range of $0.924 to $0.953 by December 2025. This would represent an 18% drop from current levels. Investors could still see modest gains if the coin rebounds short term, especially if it reclaims the $1.24 resistance.