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Fartcoin Experiences Significant Whale Withdrawals – Yet Market Analysts Project 100%+ Growth Potential

Fartcoin Experiences Significant Whale Withdrawals – Yet Market Analysts Project 100%+ Growth Potential

Author:
Cryptonews
Published:
2025-04-15 15:56:19
7
2

Despite recent large-scale sell-offs by major Fartcoin (FTC) holders, commonly referred to as ’whales,’ cryptocurrency analysts remain bullish on the asset’s long-term prospects. Technical indicators and on-chain data suggest the possibility of triple-digit percentage gains in the coming quarters, as retail interest appears to be growing to fill the liquidity gap left by institutional players. The market dynamics present a complex picture where short-term volatility contrasts with strong fundamental indicators, including increasing network adoption and developer activity. Current price action shows consolidation near key support levels, which some traders interpret as accumulation before the next potential upward movement.

Fartcoin Faces Massive Whale Exit – But Analysts Still See Triple-Digit Upside

Whale tracker Lookonchain flagged a couple of significant FARTCOIN sales in the past few days, raising the alarming possibility that the meme token would soon be plunging.

Another whale dumped 4.76M $Fartcoin($4.29M) at $0.9 in the last 12 hours.https://t.co/2zCZeDZJVbhttps://t.co/MaeSBJYc07 pic.twitter.com/VFGLNHxMAt

— Lookonchain (@lookonchain) April 13, 2025

Yet it has continued to climb higher, as if the coin has entered a new phase of price discovery.

Such is its momentum right now that more than a few Crypto Twitter profiles are predicting that it will soon pass $1, with some also saying that now is the last chance to buy it below this level.

However, today has also seen another whale sell a considerable quantity of FARTCOIN, reminding us that the coin’s ascent could be stalled at any time if enough large traders decide to take profits.

WIF went from $1 to $5 in 31 days time

Fartcoin finna give the dog with a hat a run for its money

— RookieXBT

🧲

(@RookieXBT) April 14, 2025

And if we look at FARTCOIN’s chart, it is in an overbought position at the moment, implying that it doesn’t have too long left before it should come down again.

For instance, its 30-period average (orange) has been above the 200-period (blue) for almost a month, suggesting that a selloff may be coming.

Likewise, its RSI (purple) topped 75 a few days ago and remains high, another sign of relative overbuying.

Fartcoin price chart.

Source: TradingView

On the other hand, the token is still 62% down on its ATH of $2.48, so some may argue that it’s still very much undervalued.

If so, it could potentially reach $1.50 in the next month or so, particularly if the recent tariff situation stabilizes further.

Alternative Alts for Market-Beating Gains

Because FARTCOIN could be on the brink of a comedown, some traders may prefer to turn to newer alternatives already.

Finding the most promising new coin, however, can be tricky, given the sheer number of tokens available.

But one way of increasing your chances is to look for big presales, with heavily subscribed sales sometimes indicating that the corresponding coin may rally strongly once it lists for the first time.

This is something that could happen with Solana-based layer-two platform Solaxy (SOLX), which has now raised just over $30 million in its hugely successful ICO.

Sometimes choosing between Interstellar Speed and Out Of This World Staking Rewards can be tough…

Good thing $SOLX has got both🔥🛸

Curious about the inner workings of Solaxy? Read more below!👇https://t.co/arr34146aR pic.twitter.com/FATUDi8RF9

— SOLAXY (@SOLAXYTOKEN) April 14, 2025

As Solana’s first L2 network, Solaxy will provide users with low transaction fees and superior confirmation times, helping them to avoid some of the delays and congestion that can affect its parent chain during peak periods.

Solaxy will also offer instant bridging between itself and Solana, enabling it to become an integrated part of the Solana ecosystem.

This should see it become a key ecosystem for meme tokens and DeFi, which continue to be a key part of Solana’s network.

And given that you will need to hold SOLX to pay for the L2’s transaction fees, demand for the token could be high.

Investors can join its sale by visiting Solaxy’s official website, where SOLX currently costs $0.001694.

This price will rise later today and will continue to rise until the sale ends, at which point the coin will list on exchanges.

|Square

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