Meme coins had a mixed day of gains and losses, as some tokens continued to post losses following the near $1 billion liquidation over the last 24 hours. Fartcoin, however, took the top spot in the category of gainers today.
BeInCrypto has analyzed two other meme coins that exhibit positive signals for investors to watch.
Fartcoin (FARTCOIN)
Launch Date – October 2024
Total Circulating Supply – 999.99 Million FARTCOIN
Maximum Supply – 1 Billion FARTCOIN
Fully Diluted Valuation (FDV) – $914.59 Million
Contract Address – 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump
FARTCOIN has emerged as the best-performing meme coin today, surging by 15% in the last 24 hours. The altcoin successfully bounced back above the $1.00 mark, showing signs of recovery. This sharp rise indicates that FARTCOIN is gaining traction among meme coin investors despite broader market conditions.
The Chaikin Money Flow (CMF) indicator shows rising inflows into FARTCOIN, signaling increased demand. This uptick in buying activity supports the bullish outlook, suggesting that the meme coin could continue to rise. If inflows remain strong, FARTCOIN could reach $1.20, confirming its positive momentum in the near term.
FARTCOIN Price Analysis. Source: TradingView
However, a significant bearish shift in broader market conditions could reverse FARTCOIN’s gains. If the selling pressure outweighs buying, the meme coin could fall below the \$1.00 support level. In this case, FARTCOIN could dip to $0.91 or lower, invalidating the current bullish trend and amplifying losses for investors.
Floki (FLOKI)
Launch Date – June 2021
Total Circulating Supply – 9.66 Trillion FLOKI
Maximum Supply – 10 Trillion FLOKI
Fully Diluted Valuation (FDV) – $844.06 Million
Contract Address – 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e
FLOKI gained 9.4% today, trading at $0.00008389. The altcoin is aiming to secure $0.00008308 as a crucial support level, which could help it reach $0.00009006 in the near future. The support at $0.00008308 will be essential in determining FLOKI’s ability to continue its upward movement.
The MACD indicator suggests that the bearish crossover is nearing its end. Historically, such events have led to a preemptive rise in price, with FLOKI likely to follow a similar pattern. This technical signal suggests that the meme coin price may soon experience an upward surge, pushing it toward higher levels.
FLOKI Price Analysis. Source: TradingView
If investors begin selling or bearish market conditions intensify, FLOKI could face a decline to $0.00007175. A drop to this level would extend the current losses, potentially invalidating the bullish outlook for the altcoin. The market’s reaction will ultimately determine the coin’s near-term price action.
Small Cap Corner – Apu Apustaja (APU)
Launch Date – March 2024
Total Circulating Supply – 337.89 Billion APU
Maximum Supply – 420.69 Billion APU
Fully Diluted Valuation (FDV) – $62.90 Million
Contract Address – 0x594daad7d77592a2b97b725a7ad59d7e188b5bfa
APU has experienced a modest decline of 4.25% in the past 24 hours, currently trading at $0.0001823. Despite the downturn, it has demonstrated resilience compared to other tokens. The meme coin is likely to maintain $0.0001793 as a solid support level, acting as a cushion against further losses.
The Ichimoku Cloud indicates positive momentum for APU, suggesting an upward trend. This technical pattern provides optimism for the token’s future, as it could propel the coin toward a key resistance point at $0.0002053. This growth will be crucial for the meme coin’s continued upward trajectory, with $0.0001793 forming a strong support base.
APU Price Analysis. Source: TradingView
However, should APU lose the $0.0001793 support, it faces potential downside risk. A drop below this level could see the meme coin fall to $0.0001611, invalidating the current bullish outlook.
