FARTCOIN COLLAPSES BELOW $200M: END OF AN ERA?
Fartcoin has officially plunged 94% from its January ATH, now trading around $0.18.
On-chain data (Arkham) shows Wintermute slashing its holdings from nearly 3% of supply → just 0.24%, triggering fears of a major market-maker exit.
Rumors point to an expiring dev loan driving aggressive sell-offs and mixed sentiment:
🔻 Bears: calling for $0.10
🔼 Bulls: eyeing an unlikely but possible $1-$2 rebound
Despite the wreckage, perp volumes remain high and funding flipped deeply negative, often a setup for short-term relief bounces in memecoins.
Volatile conditions ahead. Stay sharp.
NFA & DYOR
Fartcoin has officially plunged 94% from its January ATH, now trading around $0.18.
On-chain data (Arkham) shows Wintermute slashing its holdings from nearly 3% of supply → just 0.24%, triggering fears of a major market-maker exit.
Rumors point to an expiring dev loan driving aggressive sell-offs and mixed sentiment:
🔻 Bears: calling for $0.10
🔼 Bulls: eyeing an unlikely but possible $1-$2 rebound
Despite the wreckage, perp volumes remain high and funding flipped deeply negative, often a setup for short-term relief bounces in memecoins.
Volatile conditions ahead. Stay sharp.
NFA & DYOR
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
