Analysis of the charts shows the presence of the so-called «bull flag,» a pattern that often precedes a new growth impulse. Fartcoin’s Relative Strength Index (RSI) is currently above 66, indicating that the upside potential is not yet exhausted. Support is also provided by the 50- and 200-period exponential averages, which maintain a bullish trend in the medium term.
A comparison with the history of another meme coin, Pepe PEPE $0.00000745 Pepe 7.16% Market capitalization $3.14 billion VOL. 24 hours $0.11 billion , reinforces the optimism. In 2023−2024, Pepe grew from a capitalization of about $ 300 million to more than $ 3 billion. Analysts point to similar signs in the dynamics of Fartcoin: the daily spot trading volume exceeded $ 446 million, which is more than Bonk BONK $0.00001377 Bonk 8.46% Market capitalization $1.07 billion VOL. 24 hours $30.09 million ($ 129 million) and Shiba Inu($ 319 million). Although Fartcoin is not yet traded on major exchanges such as Binance or Coinbase, it is showing strong activity at the level of actual transfers.
It’s worth noting that Fartcoin competes with another well-known blockchain meme-coin by Anatoliy Yakovenko, TRUMP. Despite the higher trading volume of TRUMP ($ 661 million in 24 hours), analytics in the chain show that Fartcoin processes twice the value of real transfers, which indicates greater user engagement.
Thus, Fartcoin is currently at the center of an exaggerated wave of interest, which could become a catalyst for further growth, especially if the asset appears on leading exchanges and receives additional support from the community.