Crypto Chaos: Useless Coin Soars While Fartcoin Flops! πŸ˜‚πŸ’Έ

Ah, meme coins! The delightful little jesters of the cryptocurrency world, having a day as rough as a cat in a bathtub. While the global stage is set ablaze with the drama of Israel and Iran, our dear Useless coin has decided to throw a party, because why not? πŸŽ‰

BeInCrypto has donned its detective hat to analyze USELESS and two other meme coins that investors might want to keep an eye on, even as the market takes a nosedive. Spoiler alert: it’s not pretty.

Pudgy Penguins (PENGU)

  • Launch Date – December 2024
  • Total Circulating Supply – 62.86 Billion PENGU
  • Maximum Supply – 88.88 Billion PENGU
  • Fully Diluted Valuation (FDV) – $698.39 Million
  • Contract Address – 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv

PENGU is currently experiencing a 10.8% decline, which is like watching your favorite sitcom get canceled. Yet, it clings to the support level of $0.0088 like a toddler to their blankie. This level has been a steadfast guardian against further declines since the month began, making it a must-watch for traders. πŸ“‰

The Ichimoku Cloud is waving its magic wand, hinting at a potential bounce from the $0.0088 support level. If PENGU can flip $0.0100 into support, we might just witness a recovery that would make even the most optimistic of traders shed a tear of joy.

But beware! A significant selling spree could send PENGU tumbling below $0.0088, leading to a drop towards $0.0071. If that happens, it’s game over for the bullish outlook, and we’ll all need a stiff drink. 🍹

Fartcoin (FARTCOIN)

  • Launch Date – October 2024
  • Total Circulating Supply – 999.99 Million FARTCOIN
  • Maximum Supply – 1 Billion FARTCOIN
  • Fully Diluted Valuation (FDV) – $1.13 Billion
  • Contract Address – 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

FARTCOIN has taken a 9.2% dive in the last 24 hours, now trading at $1.07. It’s inching closer to the critical $1.00 support level, which is like watching a soap opera where you know the character is about to make a terrible decision. 😬

Despite losing the 50-day EMA support, FARTCOIN is still clinging to the 100-day and 200-day EMAs like a lifebuoy in a stormy sea. If it can regain momentum, we might see it rise back to $1.20, flipping that level into new support. Fingers crossed! 🀞

However, if the bearish sentiment strengthens, FARTCOIN could face further declines. A break below $1.00 would likely send it down to $0.91, invalidating any bullish dreams. This would signal a prolonged bearish trend, and we all know what that means: more tears. 😒

Small Cap Corner – Useless (USELESS)

  • Launch Date – March 2025
  • Total Circulating Supply – 999.94 Million USELESS
  • Maximum Supply – 1 Billion USELESS
  • Fully Diluted Valuation (FDV) – $88.03 Million
  • Contract Address – Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk

Despite its ironically named moniker, Useless (USELESS) has proven to be surprisingly useful for its holders. Defying the bearish market conditions, USELESS surged by 26.6% in 24 hours, now trading at $0.0939. It’s like the underdog story we all root for! 🐢

USELESS recently hit its all-time high (ATH) of $0.0980 for the second time since its launch. If the market conditions remain favorable, it could break the $0.1000 barrier. Who knew being useless could be so profitable? πŸ’°

But hold your horses! If investors decide to cash in their chips and sell off their holdings, USELESS could face a sharp decline. A drop below the $0.0662 support would make it vulnerable to further losses, potentially plummeting to $0.0351. This would invalidate the bullish outlook and leave investors feeling rather… well, useless. 😩

Read More

2025-06-18 18:12