Meme coins are on the rise again. Why did FARTCOIN double in value for 7 consecutive days?

FARTCOIN has increased by 10.65% in the past 24 hours, currently trading at $0.43. But more noteworthy is that this Meme coin has accumulated a 50.83% increase over the past 7 days, with a market capitalization surpassing $427 million and a trading volume reaching $188 million. This is not an isolated case but a reflection of the explosive popularity of the entire Meme coin market—currently, from PEPE to BONK to FARTCOIN, the Meme coin sector is experiencing a collective surge, driven by large whales accumulating positions, rising market sentiment, and an overall bullish crypto market.

Multiple Drivers Converge, Why Is FARTCOIN Leading the Rally

Large whales continue to accumulate, sending signals

According to the latest news, in the past two days, large whales have spent a total of $2.66 million USDC and USDT to buy 8.58 million FARTCOIN. While this amount isn’t huge, it is quite noticeable in the Meme coin space. More importantly, it reflects institutional investors’ recognition of FARTCOIN—despite Meme coins being primarily entertainment tokens lacking traditional intrinsic value support, their unique narrative core and Solana ecosystem attributes are attracting serious investment.

Whale activity often has a demonstrative effect. When big players start increasing their holdings, retail investors tend to follow, creating a positive feedback loop. This can also be seen in trading volume changes: FARTCOIN’s 24-hour trading volume rose from $154 million to $188 million, a 21% increase, providing strong liquidity support for price appreciation.

Collective Boom in the Meme coin Sector

FARTCOIN’s rise is not an isolated event. According to the latest market data, the entire Meme coin sector increased by 6.23% in the past 24 hours, with PEPE up 13.67% and BONK up 21.27%. This indicates a growing market appetite for Meme coins.

A broader context is that the entire crypto market is rallying, with the AI sector leading at 6.44%, but Meme coins are also performing remarkably well. This phenomenon reflects a shift in market sentiment—from purely chasing technical narratives to more diversified investment themes. Meme coins, as outlets for emotional expression, are becoming more attractive.

Ongoing Narrative Fermentation

FARTCOIN is based on the “fart” story concept from truth terminal, adhering to the philosophy of “No Conspiracy, Free Fart.” This entertainment and satirical narrative resonates within the current crypto community. The project has been listed on mainstream platforms like CoinMarketCap and CoinGecko, ranking 106th by market cap, with a circulating supply of 100%, all of which boost its market recognition.

Price Trends and Risk Warning

Looking at the price trend, FARTCOIN has performed strongly recently. However, it’s important to note that such short-term surges are often accompanied by high volatility. Quick data shows that FARTCOIN reached a high of $0.44 and a low of $0.26 within 24 hours, with a volatility of 69%, which tests risk tolerance.

On-chain data also shows some investors being caught at high levels. According to the latest news, a whale used 10x leverage to long 2,854,502.6 FARTCOIN at an average entry price of $0.3847, currently with a unrealized loss of $41,000. This highlights that even large investors can get caught in the high volatility of Meme coins.

Future Focus Points

Whether FARTCOIN can sustain this upward momentum depends on several factors:

• Continued whale accumulation: If institutional investors keep adding positions, market confidence will strengthen.
• Market sentiment stability: Meme coin prices are often driven by sentiment; if sentiment reverses, declines can be swift.
• Key resistance levels: The current high is around $0.44; breaking through this could open the way to higher targets.
• Trading volume maintenance: Sufficient liquidity is essential for price stability; monitoring whether trading volume can be sustained is crucial.

Summary

FARTCOIN’s 50% increase over 7 days is not accidental but the result of multiple factors including whale accumulation, Meme coin sector enthusiasm, and rising market sentiment. Its current market cap of $427 million and trading volume of $188 million reflect market recognition of this entertainment token. However, Meme coins are inherently high-risk assets—fast to rise, fast to fall. Investors chasing hot trends should remain cautious of high volatility risks and evaluate their own risk tolerance carefully before making decisions.