Monday dawned like an old mule trudging through a dusty ravine, dragging broken markets along for the ride. Yet our whimsical Fartcoin refused to flinch, holding its ground against the trade war’s mighty gusts. 😏
Fartcoin (FARTCOIN), that proud Solana meme coin, kept its chin up at $0.4755—roughly 35% above its lowest ditch this month. In a display that’d make Bitcoin and its altcoin siblings quake with envy, FARTCOIN has jumped a whopping 135% from the year’s low. I reckon it’s like a stubborn horse that just won’t quit, no matter the weather. 🤠
Some folks say there’s a heap of reasons for this reckless optimism. Investors have been hoarding this token faster than a squirrel with a nut obsession—despite the wider crypto meltdown. Nansen data, or so the legend goes, reveals a remarkable decline in tokens sitting idle on exchanges these days.
Turns out exchange balances slipped by 3.62% in the past week to 138.65 million, down from 143.86 million. Net flow to exchanges tumbled by 2 million, meaning folks are tucking their precious Fartcoins away like prized family heirlooms.
Meanwhile, CoinCarp swears the number of Fartcoin holders remains as steady as a dusty oak tree—over 113,395 holders, with nary a flinch despite the crypto world swirling like a tornado. And if we are to believe it, the top dogs of Fartcoin profit are clinging to their loot, convinced this rocket’s set to keep climbing. 🚀
Fartcoin price has strong technicals
Peering at the four-hour chart is like gazing at a map of hidden treasure. The token’s forming a descending channel but stands on the brink of emerging from it, like an upstart farmhand with big dreams. Some say this channel is the handle of a cup and handle pattern, a bullish setup that suggests a rebound to $1.2286, an ascent of about 160% from current levels. Not too shabby for a coin named after bodily gusts, eh? 💨
Of course, if the price tumbles below $0.355, the dream might blow away like tumbleweeds in a windstorm, opening the door to an unceremonious drop toward $0.20. Such is the life of Fartcoin—bold, ridiculous, and rife with possibility. 🌪️
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2025-04-07 16:59