💨 #Fartcoin Falls, But Whales Are Swimming in the Opposite Direction: On-Chain Data Shows Its Potential to Explode!
The memecoin market is as turbulent as ever, but this time, there’s an unusual story at the center: $Fartcoin . Despite the double-digit price drops in recent days, on-chain data suggests the opposite. It seems that major players are looking for opportunities rather than fearing a drop. FartCoin’s efforts to defend its critical $1 support area have caught the attention of not only technical analysts but also whales.
📉 Price Falls, But The Game Is Just Beginning
FartCoin has lost more than 8% in the last 24 hours alone, while it is down more than 6% on a monthly basis. While this decline has caused panic among many investors, on-chain metrics claim that this is simply a “pullback.” Because significant on-chain wallets (especially whales holding over $1 million) continue to accumulate FARTCOIN.
The group of investors known as “smart money” is aggressively buying these dips. Such behaviors usually indicate that the price is at its lowest levels and a potential reversal may be imminent. Whale behavior, in particular, plays a critical role in determining the direction of the price in memecoin markets.
🚀 Coinbase Listing: The Silent Revolution
In recent weeks, the project reached a major milestone with the listing of FartCoin by Coinbase. This move put FARTCOIN on the radar of not only more individual investors but also institutional players. Although a sudden price increase was expected after the listing, prices remained relatively flat. However, according to experts, this calmness may be a sign of long-term strengthening.
With this listing, FartCoin's market value exceeded the $ 1 billion threshold for the first time. Such milestones increase investor confidence in projects and create a more solid ground in the medium term.
🏦 #Binance .US Listing on the Way: Could It Start a New Rally?
According to the claims, FartCoin may be listed on the Binance.US platform in the coming weeks. This listing could significantly increase the visibility and liquidity of the token. Major exchanges like Binance.US expand investor access and often have a big impact on the price. Memecoin history has repeatedly shown that such listings can result in price jumps of up to 50%.
However, this can also increase volatility due to investors making quick buys and sells. Therefore, investors should be prepared for volatility.
📊 Technical View: Death Cross and Resistance Zones
Looking at the charts, FartCoin has formed a bearish signal called a “death cross” with its short-term exponential moving averages (EMA) falling below its long-term EMA. This technical signal often signals the start of a long-term downtrend. If the selling pressure continues, the price could drop to $1.06 and then $1.00. In the worst case scenario, FartCoin is likely to fall to the $0.86 band.
However, despite this picture, a bullish scenario is still on the table. If buyers regain momentum and the price exceeds the $1.20 level, the next target will technically be $1.53. This breakdown could rapidly increase investor confidence and take FartCoin on a new price discovery journey.
🐋 What Are Whales Doing?
According to on-chain analysis platforms, FartCoin inflows to whale wallets have increased by 37% in the last two weeks. In addition, while the number of active wallets remains constant, significant increases are observed in the average transaction volume. This data indicates that institutional purchases are increasing and investors consider this decline as a “collection opportunity”.
📌 Conclusion: Is It the Calm Before the Storm in FartCoin?
The price is falling, technical indicators are indecisive, but on-chain metrics are strong. FartCoin's current status is in “wait-and-see” mode. However, considering the Coinbase listing, the upcoming Binance.US move, and whale behavior; FartCoin’s next big move could be upwards.
In short, FartCoin may appear to be falling, but the ground is cracking. A new rally could emerge from under it.