Not Dogecoin, Shiba Inu — Here's Why Whales Are Piling Into Fartcoin

Fartcoin FARTCOIN/USD has emerged as the meme coin to watch, outperforming its more famous counterparts like Dogecoin DOGE/USD and Shiba Inu SHIB/USD.

A wave of smart money and whale buying has helped push Fartcoin up 88% in the last month, coinciding with Bitcoin's rally to $87,000.

Trader Notes: Popular crypto analyst Altcoin Sherpa says Fartcoin is "looking pretty good."

In an April 20 post on X, he predicted a run to the $0.90s followed by a potential retest of $0.75 or lower.

He views a move to $0.70 as a gift for patient traders preparing for the next structured leg higher. However, Bitcoin's rally will be the deciding factor for Fartcoin’s price trajectory.  

In another X post, Sherpa also outlined two possible paths: a continuation higher or a corrective dip, depending largely on Bitcoin's next move. He disclosed holding a "big bag" of Fartcoin himself.

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Meanwhile, Degengambleeth raised the possibility of Fartcoin cracking a $1 billion market cap, citing increasing investor interest and momentum.

Statistics: Fartcoin has topped the charts as the most purchased token ($1.96 million) by smart money over the past 24 hours.

A separate Stalkchain update on Monday has flagged a wallet aggressively dollar-cost averaging into Fartcoin, with $1 million invested in two batches: $500,000 at an average of $0.8907 and another $500,000 at $0.9128.

In addition, a wallet directly funded by crypto casino Rollbit's treasury loaded up with $758,000 worth of Fartcoin, signaling growing institutional curiosity in the meme coin sector.

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