FARTCOIN Surges 20% on Major Exchange Listing Anticipation

Coin WorldTuesday, Jun 10, 2025 2:20 pm ET
3min read

A major investor, commonly referred to as a whale, has re-entered the FARTCOIN market with a significant purchase of 1.6 million tokens, valued at $2 million USDC at a price of $1.25 per token. This investor had previously made a profit of $368,500 from an earlier trade, indicating a renewed confidence in FARTCOIN’s potential for price appreciation. Market data from Glassnode and TradingView shows a strong correlation between network activity and price performance over the past seven months, suggesting that the recent buy-in aligns with broader trends of volatile but synchronized movements between token utility and price action.

From October 2024 to May 2025, FARTCOIN’s on-chain data exhibited sharp fluctuations in both active addresses and token prices. Active addresses surged from 8,000 in December to a peak of 13,500 in late January 2025, while prices mirrored this increase, rising from $0.10 to nearly $2.00. However, February saw a coordinated downturn, with active addresses falling back to 8,000 levels by April and prices collapsing from $2.00 to around $0.20. Mid-April marked a strong recovery, with address counts returning to 13,500 and the price rebounding to nearly $1.50. Another peak in mid-May reinforced the pattern of cyclical growth, suggesting speculative momentum closely linked with network participation. By late May, the token climbed to $1.80 before falling back to $1.00 levels by the end of the month.

On June 10, FARTCOIN was trading at $1.30897 with minimal daily gains of 0.08%. Despite price stability, volatility remains a key feature. Bollinger Bands show expansions and contractions, with the upper band at $1.31105 and the lower at $0.88967, signaling continued volatility. MACD readings highlight mixed momentum with mild bullish divergence, pointing to a potential reversal if volume supports it. TradingView’s data reveals clear breakout attempts near $1.40 with fluctuating sustainability. Volume spikes continue to align with major breakouts and pullbacks, reinforcing FARTCOIN’s emerging identity as a high-volatility asset with early adoption signals. Both network activity and price trends suggest that future upside could depend on sustained engagement and investor sentiment.

FARTCOIN, a meme coin based on the Solana blockchain, has experienced a significant rebound, climbing nearly 20% in the last 24 hours. This surge in value is attributed to its inclusion in the listing roadmap of a major cryptocurrency exchange, which has historically provided a short-term price boost for newly added assets. The market's anticipation of this listing has led to a notable increase in buy-side volume and technical indicators that suggest growing upward momentum.

The Moving Average Convergence Divergence (MACD) indicator for FARTCOIN has formed a golden cross, a bullish signal that typically indicates a potential shift in market trend towards the upside. This pattern emerges when the MACD line crosses above the signal line, suggesting that the asset's price may continue to rise. Additionally, the Relative Strength Index (RSI) for FARTCOIN is currently above the 50-neutral line, standing at 54.56. This reading reflects the growing demand for the altcoin, which could push it to new highs in the short term.

The RSI indicator measures an asset’s overbought and oversold market conditions, ranging between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound. FARTCOIN’s RSI reading highlights the growing demand for the altcoin, which could push it to new highs in the short term.

Currently, FARTCOIN is trading at $1.25, inching closer to the resistance at $1.29. If demand strengthens and FARTCOIN flips this price level into a support floor, it could open the door to a rally toward $1.46. However, if profit-taking commences, this bullish outlook will be invalidated. In that scenario, FARTCOIN could lose its recent gains and fall to $1.16. Should this level fail to hold, the FARTCOIN token could correct further to $0.94.

The surge in FARTCOIN's value is not only driven by technical indicators but also by on-chain metrics that signal a potential listing on a major cryptocurrency exchange. Historically, such listings have provided a short-term price boost for newly added assets. The increase in buy-side volume and the formation of a golden cross in the MACD indicator suggest that market participants are pricing in this potential listing, which could drive more gains as demand climbs. The RSI reading further supports this bullish outlook, indicating that FARTCOIN is in an upward trend with growing demand. However, traders should be cautious of profit-taking, which could invalidate the bullish outlook and lead to a correction in the asset's price.

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