Millionaire Trader Rakes In $1 Million On The Meme Coin That's Outpacing Dogecoin, Shiba Inu

Fartcoin FARTCOIN/USD has soared nearly 85% in the past week, mimicking the early stages of Pepe's PEPE/USD legendary meme coin run.

What Happened: In an X post on Wednesday, prominent trader Unipcs shared his long position on Fartcoin, which is $3.2 million in profit.

In another post, the trader noted how similar Fartcoin looks to Pepe before its big bull run:

• High spot volume despite zero major centralized listings on exchanges like Coinbase.
• Massive futures volume, outpacing PEPE, TRUMP TRUMP/USD, Shiba Inu SHIB/USD and others.
• Unmatched mindshare in the meme coin space currently, more than Dogecoin DOGE/USD.

Also Read: Forget Dogecoin, Shiba Inu—Fartcoin Emerges As ‘Recession Hedge’ With Surging Strength

What's Next: Other traders agree with Unipcs, pointing to Fartcoin’s strength on higher timeframes.

Trader Crypto General sees strength and notes the meme coin appears to have bottomed out and is consolidating above a key breakout level.

Read Next:

• Fartcoin Returns Over 8% In A Week Marked By Dogecoin, Ethereum Bloodbath

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