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Home CRYPTO

Fartcoin Rockets as Solana Meme Peers Stall — What’s Driving the Hype?

Gary Ponce by Gary Ponce
April 10, 2025
in CRYPTO, FINANCE, MEMECOINS, OPINION
Reading Time: 4 mins read
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  • Fartcoin ($FART) surged nearly 300% this week, reaching $0.7845 and outpacing other Solana meme coins like TRUMP and Bonk, thanks to strong whale buying and renewed hype.
  • Technical indicators point to a bullish setup, with a cup-and-handle pattern forming and momentum indicators like RSI, MACD, and ADX signaling potential for a move toward $1 or even $1.10.
  • Trump’s 90-day tariff pause and broader market optimism added fuel to the rally, but a drop below the $0.6460 support could invalidate the bullish trend.

Fartcoin’s been on a bit of a tear lately. The price went absolutely parabolic this week, breaking free from the slump that’s gripped most Solana-based meme tokens. On Thursday, FART hit a high of $0.7845 — that’s the best it’s done since back in early February. To put that in perspective, that’s nearly a 300% rally from its recent lows. Not too shabby.

At its peak this week, the token’s market cap hit north of $710 million, sliding it into third place among Solana meme coins — behind only the usual suspects: TRUMP and BONK.

Fartcoin Breaks Away From the Pack

While most meme coins on Solana have been bleeding out in recent months, Fartcoin seems to have found a different gear. It’s still way off its all-time high, sure, but this week’s action shows it might be carving out a space of its own.

In just the last 7 days, the token’s surged over 70%, while its meme coin cousins — like TRUMP (down 15%), Pudgy Penguins, Cat in a Dog’s World, ai16z, and Gigachad — have all taken a beating. Most of them are down double digits in 2025 alone.

The reasons for FART’s outperformance? Still a bit murky. But if you dig into the on-chain numbers, it’s clear there’s been a ton of whale activity. Big holders are scooping and — maybe more importantly — not dumping. That’s usually a good sign.

Then came the Trump tariff pause announcement, which seemed to light another fire under the token. Even though he added pressure on China, Trump hit pause on levies from over 70 other countries. The stock market got shaky. Fartcoin soared. Go figure.

Some analysts are speculating that a similar pause on China tariffs could be coming soon — especially if Trump opens up talks with Xi Jinping. And that would likely add more fuel to the meme coin madness.

Technicals: Cup, Handle, and Some FOMO

Now let’s talk charts. Fartcoin’s price found its bottom around $0.2100 in March. Since then, it’s been on a slow, quiet grind higher. But over the past week, it burst back into the spotlight, forming what looks like a textbook cup-and-handle pattern — a setup traders love to see in bullish breakouts.

The “cup” part peaked around $0.6460, with the dip spanning about 70%. The “handle” formed late March into early April, then boom — breakout.

At this point, FART’s trading above both the 25-day and 50-day moving averages, which is generally considered pretty bullish. The RSI and MACD? They’re both climbing too, which suggests momentum is on FART’s side for now.

Even the Average Directional Index (ADX) is pointing north — which is kind of a big deal since that’s one of the more reliable trend strength indicators out there.

What’s Next?

If the momentum holds, traders are eyeballing $1 as the next major target. A full move based on the cup-and-handle pattern would put the final price goal around $1.1057.

But — and it’s a big but — if the price slips back under $0.6460, the whole bullish setup could fall apart fast. That’s the key support level to watch. If it breaks, things could unwind just as quickly as they pumped.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $TRUMPBonkDonald TrumpFartcoinPudgy PenguinSolanaXi Jinping
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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