Fartcoin Slides 10% In A Day: What Is Going On?
Posted On June 4, 2025
Despite a 10% drop in a single day, traders remain bullish on Fartcoin (CRYPTO: FARTCOIN), citing strong liquidity zones and tightening meme coin narratives as signs of potential upside.
What Happened: On-chain tracker Stalkchain flagged a wallet that invested $2.25 million in Fartcoin over five months.
Its largest buy, 1.5 million FARTCOIN for $1.29 million, occurred on Dec. 16.
The wallet has since sold 1.14 million tokens for $1.2 million and previously realized $942,000 from earlier sales.
If the current sale executes fully, total returns will sit just shy of breakeven at $2.14 million.
Despite the volatile journey, the …