Dogecoin, Shiba Inu Spike But Overshadowed Yet Again By Fartcoin—Whale Turns Losses Into Profits Thanks To Rally
Posted On April 21, 2025
Memecoins followed Bitcoin’s (CRYPTO: BTC) Sunday evening breakout, with Fartcoin again spearheading the sector-wide rally.
What happened: The Solana (CRYPTO: SOL)-based cryptocurrency spiked 4.67% over the previous day, becoming the biggest gainer among the top ten meme coins by market capitalization.
The silly-sounding coin has risen 111% in the last month, defying the tariff-induced bearishness in the broader cryptocurrency market.
Interestingly, a whale who had suffered big losses on previous FARTCOIN transactions and was holding unrealized losses flipped the script, selling around $2.47 million worth of memecoin for a $127,000 profit, according to Lookonchain.
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