Whale Bets on AI Meme Coin! Fartcoin [FARTCOIN] Sees Major Breakthrough
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A large investor heavily invested in Fartcoin, exchanging $1.03 million worth of Dogwifhat (WIF) and $833,000 worth of Bonk (BONK) for 7.55 million Fartcoin, bringing their total holdings to $9.36 million. This marks the confidence of whales in the future potential of AI meme coins, especially as they may surpass traditional currencies by 2025.
Fartcoin Stands Out
According to Cookie.fun data, Fartcoin topped the AI token market share in December, accounting for as much as 22%, far exceeding AIXBT (8%) and Virtual (5%). Its strong market share and liquidity make it the preferred choice for investors.
Price and Market Performance
Fartcoin rose nearly 350% in December and recently surged another 52% due to the Christmas rebound, recovering the decline from early in the month and approaching the $1.4 range high.
Short-term Opportunity: If the price pulls back to the mid or lower range, it could be a good buying point.
Derivatives Market: Trading volume surged 120% in the past 24 hours, with open interest (OI) growing to 45%, and the long/short ratio indicates a bullish market sentiment.
Driving Factors Behind
In addition to the push from whale accumulation, Fartcoin has gained strong attention due to the endorsement from the AI agent platform Truth Terminal, becoming a market star alongside Goatseus Maximus (GOAT).
Is the Uptrend of Fartcoin Sustainable? Its strong market share and continuously increasing investor interest suggest potential for further breakout, but short-term volatility remains a concern.
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