Zinger Key Points
- Fartcoin’s open interest rose 11.7%, while derivatives trading volume jumped 31% in a single day.
- Traders eye $2 as the next target, with interim pullbacks expected to $1.18–$1.35.
- Get access to the leaderboards pointing to tomorrow’s biggest stock movers.
Fartcoin FARTCOIN/USD is outperforming legacy meme coins Dogecoin and Shiba Inu with a 14% daily gain, fueling bullish predictions from traders who now anticipate a run toward the $2 mark.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Fartcoin FARTCOIN/USD | $1.31 | $1.31 billion | +18.4% | +15.5% |
Dogecoin DOGE/USD | $0.1945 | $29.2 billion | +5.3% | -0.01% |
Shiba Inu SHIB/USD | $0.00001327 | $7.82 billion | +4.8% | +0.81% |
Trader Notes: Prominent trader Unipcs noted that despite premature calls for a top around the Coinbase listing, Fartcoin has rallied 30% since.
He argues traditional signals like PnL updates or listing announcements are less relevant compared to momentum and broader market conditions.
Fartcoin, he says, now commands top-tier meme coin mindshare, is preparing to debut on the largest U.S. retail exchange and isn’t currently a consensus trade on Crypto Twitter.
This creates a setup where underexposed or short traders may be forced to chase, leading to an aggressively bullish move.
Altcoin Sherpa projects a $2 price target, while Posty expects a pullback to $1.18 before the token pushes to $1.35.
Crypto trader RookieXBT believes Fartcoin has a "insane setup brewing" and highlighted Coinbase listed spot trading before any other Tier 1 exchange.
Statistics: Coinglass data shows Fartcoin short liquidations in the past 24 hours at $5.01 million, implying short traders were forced to close their position with the meme coin's price rally.
Open interest and derivatives trading volume rallied 11.7% and 31% respectively, signaling rising speculative activity.
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