30% daily pump for Fartcoin: Is a 140% rally next?

30% daily pump for Fartcoin: Is a 140% rally next?

2 minutes, 15 seconds Read

Tl; Dr.

  • Analysts see an increase of 140% Fartcoin after Elliott Wave correction and confirmation of a market base.
  • Large wallet buys $ 1 million from Fartcoin, which increases the short -term expectations in the short term.
  • Pump.Fun’s Glass Full Foundation adds liquidity support for selected meme coins, including projects bound to Fartcoin.

Price moves higher after monthly decrease

Fartcoin has won almost 30% in the past day and 16% during the week. The token trades at $ 1.11 with a daily volume of $ 678.2 million. This is after a decrease of more than 21% in the past month, which erased earlier profits in August.

Market analysts say that recent prices can offer an access point. Levels in the vicinity of or lower than $ 1 are closely monitored, with some traders preparing for a possible movement higher when buying interest continues.

Crypto analyst ᴛʀᴀᴄᴇʀ described Fartcoin under $ 1 as “free money”, adding,

“As soon as ETH peaks, the liquidity will shift to Sol … $ 10.00 for Fartcoin.”

Bluntz, another analyst, sees the recent market structure as a completed Elliott Wave Advance, followed by an ABC correction on both USD and BTC pairs. He said that the recent actions mark ‘an important soil’ and projects a rally to $ 2.40, which would be around 140% above current prices.

Bluntz called it “one of the better setups” that he saw in a while, and compared it to his earlier Bonk Call that 130% in 20 days.

Whale purchase signals interest

Data from Onchainlens show a large wallet transferred 12 million USDC to hyperliquid and used $ 1 million to buy Crooked. Such transactions are seen by traders as a sign of trust of larger market participants.

Although comparable purchasing in other tokens is sometimes followed by meetings, the outcome depends on broader market conditions.

Liquidity support for Memecoins

Pump.Fun, a Solana -based Memecoin Launch platform, has entered The glass full foundation. The program intends to add liquidity to selected meme coin projects and to support their long-term development.

In addition, analysts, including Gordon, public participation Fartcoin under $ 1 can be attractive this month. Recent whale activity and new ecosystem financing initiatives have attracted attention.

The rebound of the token of monthly lows contributes to speculation about a movement in the direction of the goals described by market analysts.

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