$FARTCOIN Primed for Explosive Breakout as Social Volume Soars 450% at Key Support

Artificial intelligence tokens and memecoins dominated investor attention in Q1 2025, accounting for 62.8% of overall interest, according to a new CoinGecko quarterly report on April 16. AI tokens alone captured 35.7% of global interest, overtaking memecoins, which drew 27.1%. AI-themed memecoin leads mindshare in Q1 2025/ Source: CoinGecko Out of the top 20 narratives in Q1, six were memecoin-related, and five belonged to the AI category, showing how these two themes continue to drive retail momentum. $FARTCOIN’s Rise Amid Memecoin Mania Before Profit-Taking Leads to Market Cap Decline Among the standout tokens in this trend is $FARTCOIN, a memecoin inspired by an AI experiment dubbed ‘Terminal of Truth’ (ToT), which debuted in October 2024. The token has gained visible traction among its community for sharing gastrointestinal humor, particularly “fart” memes and jokes on X (formerly Twitter). Despite experiencing a minor daily dip of 1%, the Solana-based token has surged by over 225% in the last 30 days , far outperforming the broader market, which has been largely in decline across both crypto and traditional risk assets. 1.5 trillion wiped from the stock market Fartcoin is up 18% on the day The big rotation pic.twitter.com/bXXqFfxSXL — ChartFu (@ChartFuMonkey) April 16, 2025 However, $FARTCOIN is still down by 66% from its all-time high of $2.61 in January, reflecting the sharp heights it reached during the Solana memecoin boom. Following its rise, many traders locked in profits, causing its market cap to plunge from over $2 billion to approximately $360 million. In one major trade tracked by Lookonchain, a whale reportedly pocketed around $2.5 million in profit after converting 12,160 $SOL into 8.15 million $FARTCOIN at an average price of $1.29 per token. $FARTCOIN Gains Fresh Attention as Social Media Activity Surges And Positive Derivatives Market Data Despite the steep correction, media metrics suggest that $FARTCOIN is regaining attention. According to LunarCrush , the token’s social volume spiked over 450% in April, preceding its more than 200% rally this month. $FARTCOIN experiencing a massive surge in social media interest/ Source: LunarCrush In crypto markets, heightened social engagement often correlates with renewed speculative interest, particularly in meme-centric assets. Further reinforcing the bullish sentiment, $FARTCOIN’s open interest in the futures market has increased by roughly 500% since the start of the year, according to data from CoinGlass. $ FARTCOIN’s OI and Funding rate in Green/ Source: CoinGlass The token’s funding rates have also remained largely positive throughout April, indicating that more traders are betting on further upside. This growing interest has prompted top crypto traders to call for a tier-1 exchange listing for $FARTCOIN. Some even compare its meme energy and resilience to Ethereum-based memecoin Pepe ($PEPE), which exceeded a $10 billion market cap in 2024. honest question: why isn’t FARTCOIN listed on Binance, Coinbase, Bybit, OKX, and Upbit spot? it is listed on Binance/Bybit/OKX perps and is consistently doing more perps volume than literally every other memecoin on on these CEXs except $DOGE fartcoin is doing more perps… — Unipcs (aka ‘Bonk Guy’) (@theunipcs) April 10, 2025 Technical Outlook: Potential for a Bullish Reversal On the technical side, the $FARTCOIN/$USDT one-hour chart shows a well-formed harmonic ABCD pattern, hinting at a potential bullish reversal. The price has moved from point A to point B, followed by a corrective pullback to point C, and is now approaching the projected D-point in the $0.84 to $0.85 region. FARTCOIN forms a harmonic ABCD pattern on the 4-hour chart/ Source: TradingView This area aligns with a previously established demand zone, increasing the likelihood of a rebound. Recent candlestick patterns have been dominated by strong bearish candles with long bodies and minimal upper wicks, signaling sustained selling pressure. Deep Dive: Fartcoin Trade Idea, Execution & TP Breaking down the full thought process behind the Fartcoin trade—entry, execution, and target strategy. Started incorporating some basic TPO analysis into this one. Nothing too complex yet, as I’m still learning the ropes. (Will… pic.twitter.com/X7bwDSRvtR — PICASSO. (@Picasso_Trades) April 16, 2025 However, as the price approaches key support, traders are closely monitoring for bullish reversal signals such as hammer candles, engulfing patterns, or morning star formations. The MACD histogram remains in negative territory, confirming the current bearish momentum. A bullish candlestick confirmation near the $0.84 to $0.85 support range would strengthen the argument for a recovery toward the $0.90 to $0.93 resistance zone. The post $FARTCOIN Primed for Explosive Breakout as Social Volume Soars 450% at Key Support appeared first on Cryptonews .

Source: cryptonews