Coins to watch: PepeX and Fartcoin eye major gains

The cryptocurrency market capitalization has remained around $2.97 trillion since the end of last week. While the market has rebounded to its 200-day moving average, it has shown hesitation in breaking above it, as seen with Bitcoin. Overall sentiment appears neutral, with participants showing a preference for upward movement while maintaining relatively wide stop levels. Bitcoin is stabilizing near $94,500, having recovered to the consolidation range observed in February before its sharp decline. The technical setup remains bullish, with BTCUSD trading above both its 50 and 200-day moving averages. Both indicators continue to trend upward, and last week’s consolidation above these levels further strengthened the positive momentum. Amid the current market calm, two tokens are positioning themselves for significant upside potential. Solana-based meme coin Fartcoin and the early-stage project PepeX are gaining momentum, with both projects drawing attention from investors seeking high-reward opportunities as market sentiment gradually strengthens. Fartcoin trader bets on a strong rally A smart trader, previously known for making $5 million from Fartcoin, has once again made sizable bets on the Solana-based meme coin, according to crypto tracker Loononchain on X. The trader reportedly spent 563,000 USDT to buy 488,000 Fartcoin tokens intraday, bringing their current holdings to approximately $2.48 million. Earlier data shows that this trader initially entered the market when Fartcoin’s market capitalization was around $32 million. As of press time, the token’s market cap has grown to $1.17 billion, reflecting substantial expansion. Smart traders are often viewed as experienced market participants with a strong track record of profit-taking, and this accumulation has drawn attention, suggesting the potential for further gains. Fartcoin rose nearly 14% intraday to trade at $1.17. Over the past week and month, the token posted gains of 30% and 178%, respectively. Meanwhile, Coinglass data shows that Fartcoin’s futures open interest climbed to over $600 million, up nearly 12% in one day, while derivatives trading volume surged 32% to $1.89 billion, indicating growing market interest. PepeX presents a major opportunity PepeX is positioning itself as a contender in the meme coin launchpad space, offering a more structured and security-focused alternative to existing platforms. Unlike platforms such as Pump.fun, which have faced criticism for enabling vulnerable and poorly designed tokens, PepeX aims to improve oversight and project quality with a more disciplined framework. Its offering includes the Moonshot Engine, an AI-driven tool designed to streamline token creation and address common inefficiencies in meme coin launches. The platform also utilizes AI-powered promotional bots to boost social media visibility, an important factor in a market driven by momentum and exposure. To discourage opportunistic behavior, PepeX enforces a 5% cap on token holdings for creators and requires a $500 launch fee. These measures are intended to promote greater accountability and reduce the prevalence of low-quality projects. Rather than chasing hype, PepeX is positioning itself with a security-first approach aimed at addressing persistent issues like rug pulls, duplicate projects, and opaque practices. PepeX’s presale has attracted over $1.6 million so far, reflecting investor interest in a more reliable and structured alternative within the meme coin launchpad sector. Interested investors can visit the PepeX website for details. The post Coins to watch: PepeX and Fartcoin eye major gains appeared first on Invezz

Source: Invezz