Well now, gather ’round, folks! It seems that Coinbase Global Inc. (NASDAQ: COIN) has decided to throw caution to the wind and announce plans to list none other than Fartcoin (FARTCOIN)—a memecoin sprouting up faster than a dandelion in a cow pasture! This little gem, built on the Solana (SOL) blockchain, is set to commence trading on Thursday, June 12, at 9 AM PT, provided the liquidity conditions are met. And if they ain’t, well, I reckon we’ll just have to wait for the next big wind! 💨
Now, Coinbase has made it clear that trading FARTCOIN against the good ol’ U.S. dollar will be rolled out in phases, like a slow dance at a barn raising, once those liquidity conditions are met. So, keep your eyes peeled, folks! 👀
Fartcoin Records Higher Demand From Whale Investors
According to some fancy on-chain data analysis, it appears that the demand for FARTCOIN has been as high as a kite in a thunderstorm these past few weeks. Market data from Nansen reveals that a whale—yes, a real-life whale, not the kind you see at SeaWorld—withdrawn 14,916 Solana coins from the Binance exchange and purchased a whopping 1.68 million FARTCOIN at a market value of about $1.4. Now that’s what I call a whale of a deal! 🐋
With the imminent listing of FARTCOIN on Coinbase, one can only imagine the frenzy it will cause among whale investors, especially with the anticipated 2025 altseason looming like a storm cloud. And let’s not forget the recent crypto regulatory clarity in the United States, which has been as refreshing as a cool breeze on a hot summer day, boosting the overall altcoin demand. 🌬️
What Next?
After a rally that could make a jackrabbit jealous, fueled by all this Coinbase listing speculation, FARTCOIN has hit a significant resistance level of around $1.5. But fear not, dear readers! This mid-cap memecoin, boasting a fully diluted valuation of about $1.35 billion and a 24-hour average trading volume of around $376 million, has gained a staggering 40 percent in the last week. Talk about a comeback! 🎉
Fartcoin looks like this ahead of the greatest risk-on melt-up we’ve ever seen
— RookieXBT (@RookieXBT) June 11, 2025
From the perspective of our good friend, crypto analyst RookieXBT, it seems FARTCOIN is on the brink of a major upsurge. If it can manage to close above $2.7 in the weekly timeframe, we might just see a rally toward its all-time high in the coming weeks. So, hold onto your hats, folks! This ride is just getting started! 🎢
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2025-06-12 02:22