Has Fartcoin Run Out Of Steam? 50% Downturn Signals Dogecoin, Shiba Inu Have Little To Fear
Fartcoin FARTCOIN/USD is bouncing back from a severe downturn but remains over 50% down over the past seven days. CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendFartcoin FARTCOIN/USD $0.4765$476.3 million-0.08% -54.1%Ai16z AI/USD $0.342 $372.2 million+18.7% -49.8% Brett (Based) BRETT/USD $0.04569$452.8 million+3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation. No stopping for FARTCOIN and reaching the final point of interest for the Target Zone.Below there will be full blown capitulation and this will get meme'd by TradFi bros.Patiently waiting for their euphoria. pic.twitter.com/t0NWJzskBe— Cold Blooded Shiller (@ColdBloodShill) February 6, 2025 Altcoin Sherpa emphasized a barbell trading strategy for high-volatility plays like Fartcoin, highlighting that it offers massive upside potential along with deep discount opportunities. Trader McKenna argued that if enough traders buy into the narrative that Fartcoin is the memetic leader of this cycle, that belief alone could fuel its price action. He sees a potential 85% correction as an accumulation opportunity, recommending buy levels at $0.30 to $0.20. "Classic high-risk, high reward bet on narrative momentum," he concluded. Statistics: Crypto trader ElonMoney flagged notable smart money inflows, noting that Fartcoin remains strong despite market turbulence. Crypto trader Ai noted Ansem, a prominent crypto figure, having bought 818,000 Fartcoin at an average price of $0.4142, now holding 1.97 million tokens with $4.11 million in profits per token. Another whale withdrew 5 million FARTCOIN (worth $2.29 million) from Kraken at $0.4574—a strong signal of confidence. Read Next: Fartcoin Rebounds 38% In A Day, Outpaces Dogecoin, Shiba Inu Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.