Fartcoin Jumps 15%, Trader Predicts 'Dogecoin-Style Parabolic Run'
Fartcoin Jumps 15%, Trader Predicts 'Dogecoin-Style Parabolic Run'The AI-conceived meme cryptocurrency Fartcoin FARTCOIN/USD has surged 15% over the past 24 hours, sparking bullish predictions on social media about more upside to come. CryptocurrencyPrice Market Cap24-Hour TrendFartcoin FARTCOIN/USD$1.42$1.42 billion+15.3% Bonk BONK/USD$0.00003189$2.43 billion+11.0%Shiba Inu SHIB/USD$0.0000243$14.3 billion+9.9% Trader Notes: Traders are bullish on Fartcoin, with crypto trader RookieXBT declaring Fartcoin the “coin of the cycle” and Altcoin Sherpa stating it's a "strong play for this cycle." The trader’s target is $10. #Fartcoin: sold a bit of my stack earlier today and then rebought an hour later when I decided that I'm not going to sell this coin for a while and view it as a strong play for this cycle. Fartcoin to $10, hot air rises pic.twitter.com/8yrFuHBX2V— Altcoin Sherpa (@AltcoinSherpa) January 16, 2025Crypto trader Guy highlighted Fartcoin's unique position, suggesting it could surpass a $10 billion market cap due to strong fundamentals and its ability to thrive beyond “Crypto Twitter.” Guy speculates that if Solana SOL/USD,rallies to a $250 billion market cap, Fartcoin could scale proportionally, exceeding the $10 billion threshold. Taiki Maeda, in a recent podcast, mentioned the “Fartcoin Accumulation Phase” is ending. He emphasized the coin's potential as the top AI meme token within three months, calling it a pure play with no competition. Taiki revealed that he's been accumulating Fartcoin since November 2024, having sold all his Ethereum to focus solely on the meme coin. Taiki quoted that Fartcoin is "like an asset that's most likely to produce like a DOGE-style green parabola." I t is the most reflexive asset in crypto where the higher it goes it gains more attention. Statistics: Whale Watch reported an ai16z whale purchasing $260,000 worth of Fartcoin at a $1.41 billion valuation. Read Next: Fartcoin Soars 46% In A Day, Outperforms Dogecoin Shiba Inu To Enter $1 Billion Valuation Club Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.