Close Menu
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Cryphedge.com
Home » $2M Whale Purchase Rescues FARTCOIN from Collapse — $2 Price Target Within Reach?
M Whale Purchase Rescues FARTCOIN from Collapse —  Price Target Within Reach?

$2M Whale Purchase Rescues FARTCOIN from Collapse — $2 Price Target Within Reach?

June 23, 20255 Mins ReadNo Comments Altcoins
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto Journalist

Anas Hassan

M Whale Purchase Rescues FARTCOIN from Collapse —  Price Target Within Reach?

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Share

Last updated: 

June 23, 2025


Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

$2M Whale Purchase Rescues FARTCOIN from Collapse — $2 Price Target Within Reach?

The Solana-based memecoin Fartcoin ($FARTCOIN) has successfully escaped a potential market demise following whale support, staging a remarkable 7.3% recovery over the past 24 hours despite bearish sentiment.

$2M Whale Purchase Rescues FARTCOIN from Collapse — $2 Price Target Within Reach?
Source: Cryptonews

After lingering on the edge of a significant downturn following a steep 27% decline over seven days, FARTCOIN has bounced back to trade at $0.9106, comfortably positioned above the crucial $0.805 support threshold.

This recovery has restored its position as the third-largest Solana Program Library (SPL) memecoin, trailing only BONK and TRUMP in market capitalization.

​​Massive $7.6M FARTCOIN Selloff Creates Market Panic—But Smart Money Came to the Rescue

However, substantial selling activity surrounding FARTCOIN has created market uncertainty, with traders debating whether the recent surge represents a temporary rebound before another decline or the foundation for a sustained rally.

Recent market activity illustrates this selling pressure, with one trader liquidating $478.73K worth of FARTCOIN tokens. Within just six hours, this same wallet disposed of over $1.34M in Fartcoin holdings.

This trader just offloaded $478.73K worth of #Fartcoin

In the last 6 hours alone, the wallet has dumped over $1.34M of Fartcoin.

Over the past 4 days, total #Fartcoin sales from this wallet have reached $7.6M.

Wallet- 46awYYmrncDQfM1DoqcAGcg6WoEJo3txAwY698FXN14R pic.twitter.com/gV406JYaki

— Stalkchain (@StalkHQ) June 22, 2025

Across the past four days, cumulative FARTCOIN sales from this trader’s wallet have totaled $ 7.6 M.

According to on-chain data, FARTCOIN has become the most heavily sold token by sophisticated investors within the last 24 hours.

Nevertheless, a significant whale has provided crucial support to the memecoin by accumulating $2.25 million worth of FARTCOIN tokens.

This whale acquired 2.4 million FARTCOIN at $0.93 per token. Notably, this investor had previously generated over $4.7 million in profits from FARTCOIN trading activities.

This substantial purchase has encouraged numerous market participants to view the current sell-off as a strategic buying opportunity for FARTCOIN below the $1 threshold.

Top Traders Sound Alarm: ‘Buy FARTCOIN Aggressively Now’

Prominent Solana memecoin trader BONK Guy confirmed that several premium memecoins are currently available at discounted prices. He specifically highlighted FARTCOIN, BINK, FLOKI, and the recently launched USELESS coin.

lots of top-tier memecoins on a discount

– $BONK
– $FLOKI
– #FARTCOIN
– #USELESS coin

these are all trading at prices many would have given an arm and a leg for just days or weeks ago

all look good to bid aggressively here IMO

what else do you think should be on the list?

— Unipcs (aka ‘Bonk Guy’) 🎒 (@theunipcs) June 22, 2025

He emphasized that “these tokens are trading at valuations that many investors would have eagerly pursued just days or weeks earlier,” encouraging aggressive market participation.

Veteran trader and Breakout Prop founder Trader Mayne shared technical analysis suggesting FARTCOIN appears positioned for movement beyond the $1 level.

Price action specialist CryptoUB shared a similar optimistic accumulation perspective. He stated that sophisticated technical analysis isn’t necessary to recognize FARTCOIN’s trajectory toward the $2 psychological resistance level.

FARTCOIN

You don’t need any fancy TA to see that the move to $2 is loading. FARTCOIN continues to be my main focus for altcoin trades.

There’s no other altcoin with as much mindshare, intra day price action, or HTF potential. pic.twitter.com/rwSU6q16Xh

— UB (@CryptoUB) June 9, 2025

CryptoUB confirmed that FARTCOIN remains his primary focus for altcoin trading strategies.

“No other altcoin demonstrates comparable mindshare, intraday volatility, or higher timeframe potential,” he elaborated.

Technical Analysis: FARTCOIN’s Cup-and-Handle Signals $2 Breakout

Examining Crowd Wisdom investing metrics, FARTCOIN’s technical indicators present mixed signals, with RSI displaying bearish characteristics alongside a head-and-shoulders pattern formation.

Conversely, the triangle configuration and Fibonacci retracement levels indicate bullish momentum.

$2M Whale Purchase Rescues FARTCOIN from Collapse — $2 Price Target Within Reach?
Source: Crowd Wisdom

Sentiment analysis reveals that individual traders and institutional investors maintain optimistic outlooks on FARTCOIN at current price levels.

The FARTCOIN/USDT daily chart shows a textbook cup-and-handle pattern, featuring a rounded bottom “cup” formation and a current “handle” developing as a descending channel or flag structure.

$2M Whale Purchase Rescues FARTCOIN from Collapse — $2 Price Target Within Reach?
Source: TradingView

This technical setup typically indicates bullish continuation potential, contingent upon confirmation through a breakout above the handle’s upper resistance line.

The diminishing volume during the handle formation reinforces the bullish scenario, though definitive confirmation remains pending.

Should buyers drive prices above the $1.05–$1.10 resistance zone, a potential surge toward the $1.80–$2.00 target range could materialize.

However, failure to achieve this breakout might result in a retreat toward the $0.70 support area.

Current momentum indicators suggest neutral to slightly bearish short-term conditions, but the overall technical structure favors bullish outcomes if the anticipated breakout materializes.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
cryphedge

Related Posts

$HYPE Slides as Ethereum Soars, Hyperliquid Hits $19B

July 18, 2025

Troller Cat, Dogecoin, Pepe Compared

July 18, 2025

XRP Reaches New All-Time High of $3.65 After 7 Years

July 18, 2025

ETH, BTC, ADA Are “Mature”—Ethereum to Rally $4K?

July 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Bitcoin hits $1T realized cap as price aims to break resistance

July 19, 2025

Lawmakers to review Trump’s CFTC chair nominee ahead of full Senate vote

July 18, 2025

WLFI token set to trade within eight weeks after 99.94% vote opens transfers

July 18, 2025

Trump signs GENIUS Act into law, activating America’s first regulatory framework for stablecoins

July 18, 2025
About

cryphedge is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news, regulation, trading, crypto scams and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

New ATH Could be Underway

May 20, 2025

FDUSD Stablecoin Fully Backed, Says First Digital Labs Amid Justin Sun Fraud Allegations

April 14, 2025

Coinbase hints at treasury plans with weekly Bitcoin buying strategy

June 27, 2025
Subscribe
Please enable JavaScript in your browser to complete this form.
Loading
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$118,369.00-1.33%
  • ethereumEthereum(ETH)$3,597.650.30%
  • rippleXRP(XRP)$3.46-3.53%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$735.520.02%
  • solanaSolana(SOL)$177.54-1.64%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2500496.57%
  • staked-etherLido Staked Ether(STETH)$3,588.140.30%
  • tronTRON(TRX)$0.324785-0.25%
  • cardanoCardano(ADA)$0.83-2.46%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$118,221.00-1.33%
  • HyperliquidHyperliquid(HYPE)$45.16-2.11%
  • Wrapped stETHWrapped stETH(WSTETH)$4,346.020.48%
  • stellarStellar(XLM)$0.464156-6.03%
  • suiSui(SUI)$3.81-5.03%
  • chainlinkChainlink(LINK)$18.29-2.62%
  • hedera-hashgraphHedera(HBAR)$0.264092-7.44%
  • bitcoin-cashBitcoin Cash(BCH)$516.930.93%
  • avalanche-2Avalanche(AVAX)$23.98-1.38%
  • Wrapped eETHWrapped eETH(WEETH)$3,850.280.23%
  • shiba-inuShiba Inu(SHIB)$0.0000150.72%
  • WETHWETH(WETH)$3,594.590.25%
  • leo-tokenLEO Token(LEO)$8.970.21%
  • the-open-networkToncoin(TON)$3.21-2.17%
  • litecoinLitecoin(LTC)$103.03-3.49%
  • USDSUSDS(USDS)$1.000.03%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.000.06%
  • polkadotPolkadot(DOT)$4.33-2.60%
  • whitebitWhiteBIT Coin(WBT)$44.40-2.87%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$118,526.00-1.13%
  • uniswapUniswap(UNI)$10.280.37%
  • moneroMonero(XMR)$325.98-3.06%
  • Ethena USDeEthena USDe(USDE)$1.000.09%
  • pepePepe(PEPE)$0.000013-2.18%
  • bitget-tokenBitget Token(BGB)$4.932.13%
  • aaveAave(AAVE)$322.46-1.83%
  • BittensorBittensor(TAO)$414.43-3.19%
  • crypto-com-chainCronos(CRO)$0.119134-4.73%
  • ethereum-classicEthereum Classic(ETC)$25.1417.29%
  • daiDai(DAI)$1.00-0.04%
  • nearNEAR Protocol(NEAR)$2.91-0.42%
  • aptosAptos(APT)$5.42-0.12%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.180.05%
  • Pi NetworkPi Network(PI)$0.4480110.66%
  • OndoOndo(ONDO)$1.03-2.79%
  • internet-computerInternet Computer(ICP)$5.82-2.94%
  • okbOKB(OKB)$48.612.01%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$216.20-1.49%
  • mantleMantle(MNT)$0.80-4.61%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • bonkBonk(BONK)$0.000034-5.53%
  • EthenaEthena(ENA)$0.4016501.60%
  • algorandAlgorand(ALGO)$0.292986-7.84%
  • kaspaKaspa(KAS)$0.093811-4.76%
  • arbitrumArbitrum(ARB)$0.4694601.88%
  • vechainVeChain(VET)$0.027854-1.02%
  • cosmosCosmos Hub(ATOM)$4.97-0.78%
  • USD1USD1(USD1)$1.000.02%
  • Binance-Peg WETHBinance-Peg WETH(WETH)$3,590.370.32%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.240146-2.98%
  • render-tokenRender(RENDER)$4.11-3.84%
  • gatechain-tokenGate(GT)$17.457.01%
  • worldcoin-wldWorldcoin(WLD)$1.182.34%
  • sei-networkSei(SEI)$0.351069-3.25%
  • Official TrumpOfficial Trump(TRUMP)$10.10-2.75%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.77-2.82%
  • fasttokenFasttoken(FTN)$4.51-0.05%
  • Pudgy PenguinsPudgy Penguins(PENGU)$0.0309592.39%
  • filecoinFilecoin(FIL)$2.82-0.08%
  • sUSDSsUSDS(SUSDS)$1.06-0.09%
  • SkySky(SKY)$0.0834801.39%
  • Binance Staked SOLBinance Staked SOL(BNSOL)$188.29-1.72%
  • Kelp DAO Restaked ETHKelp DAO Restaked ETH(RSETH)$3,765.150.33%
  • rocket-pool-ethRocket Pool ETH(RETH)$4,099.660.31%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$118,277.00-1.71%
  • SPX6900SPX6900(SPX)$1.80-1.38%
  • JupiterJupiter(JUP)$0.54-4.20%
  • quant-networkQuant(QNT)$110.81-4.60%
  • Jupiter Perpetuals Liquidity Provider TokenJupiter Perpetuals Liquidity Provider Token(JLP)$4.95-0.67%
  • Pump.funPump.fun(PUMP)$0.004352-14.21%
  • kucoin-sharesKuCoin(KCS)$11.96-0.26%
  • first-digital-usdFirst Digital USD(FDUSD)$1.00-0.03%
  • USDtbUSDtb(USDTB)$1.000.00%
  • CelestiaCelestia(TIA)$2.02-0.29%
  • flare-networksFlare(FLR)$0.020247-6.04%
  • xdce-crowd-saleXDC Network(XDC)$0.0860542.80%
  • FartcoinFartcoin(FARTCOIN)$1.38-6.67%
  • StoryStory(IP)$4.682.55%
  • injective-protocolInjective(INJ)$14.09-1.55%
  • optimismOptimism(OP)$0.784.25%
  • USDT0USDT0(USDT0)$1.000.05%
  • curve-dao-tokenCurve DAO(CRV)$0.98-6.15%
  • blockstackStacks(STX)$0.85-2.92%
  • Mantle Staked EtherMantle Staked Ether(METH)$3,846.720.64%
  • nexoNEXO(NEXO)$1.33-0.52%
  • StakeWise Staked ETHStakeWise Staked ETH(OSETH)$3,691.742.33%
  • flokiFLOKI(FLOKI)$0.0001372.73%
  • Liquid Staked ETHLiquid Staked ETH(LSETH)$3,889.480.50%
  • SonicSonic(S)$0.385345-3.63%