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Reading: Solana memecoin Fartcoin doubles in value, eyes key $0.95 level
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Viral Trending content > Blog > Crypto > Solana memecoin Fartcoin doubles in value, eyes key $0.95 level
Crypto

Solana memecoin Fartcoin doubles in value, eyes key $0.95 level

By Viral Trending Content 4 Min Read
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Bull flag hints at breakoutVolume tops $309 millionFollowing Pepe’s trajectoryOutperforms in weak market
  • RSI above 66 suggests further upside.
  • Outpaces Bonk, Shiba Inu, and rivals TRUMP in real transfers.
  • Follows Pepe’s 2023–24 explosive growth pattern.

Fartcoin (FARTCOIN), a Solana-based memecoin, has climbed over 70% so far in April to trade at $0.840, touching highs of $0.87.

Source: CoinMArketCap

This rise has come despite a turbulent market backdrop triggered by US President Donald Trump’s fluctuating tariff policies, which have erased nearly $160 billion from the broader crypto market capitalisation this month.

Fartcoin has not only outpaced the broader market but also eclipsed rival Solana tokens such as Official Trump (TRUMP), down nearly 16%, and Bonk, which has slipped by around 4.7%.

Now, with a breakout confirmed and trading volume topping $309 million, the memecoin is targeting a potential run toward $0.95.

Bull flag hints at breakout

Fartcoin’s strong rally is underpinned by a classic bull flag formation visible on its 4-hour chart.

As of 10 April, the token had broken out above the upper boundary of the flag’s range, indicating a potential continuation of its upward move.

If this setup holds, Fartcoin could test $0.95—just below the psychologically significant $1 mark—before the end of April.

The relative strength index (RSI) is currently sitting above 66, suggesting the coin still has upside room before entering overbought territory (typically above 70).

The token’s price action remains above its 50 and 200-period exponential moving averages (EMAs), reinforcing the strength of the bullish breakout and maintaining buyer momentum.

Volume tops $309 million

Trading data confirms strong demand.

Fartcoin recorded a 24-hour trading volume of over $309.5 million as of 11 April, significantly ahead of Solana rivals Bonk ($76.57 million) and even Ethereum-based Shiba Inu ($318.98 million).

Fartcoin is now neck-and-neck with TRUMP, which posted $641.4 million in daily volume.

However, onchain data suggests Fartcoin processed nearly double the real transfer value compared to TRUMP, pointing to deeper user engagement.

This is notable considering Fartcoin remains unlisted on major exchanges such as Binance, Coinbase, Bybit, Upbit, and OKX.

According to market analyst @theunipcs, Fartcoin’s daily volumes are entering the $300 million to $500 million range that previously preceded Pepe’s (PEPE) explosive run—offering a roadmap for potential growth.

Following Pepe’s trajectory

Fartcoin’s current metrics are reminiscent of the early days of PEPE, which soared from a $300 million to over $3 billion market cap between 2023 and 2024.

Fartcoin’s combination of rising volume, strong technical indicators, and active community engagement echo the same dynamics.

As of today, Fartcoin ranks among the top three Solana-based memecoins by trading volume.

It trails TRUMP but outpaces Bonk, and its trading patterns align with a classic hype-fuelled rally structure.

Meanwhile, PEPE itself is trading at $0.0000067, with a daily volume of $606.58 million and a minor 1.2% increase over the week, signalling relatively stable performance compared to Fartcoin’s explosive trend.

Source: TradingView

Outperforms in weak market

Fartcoin’s strength is even more remarkable given its timing.

In April, total crypto market capitalisation has dropped by nearly $160 billion following Trump’s unpredictable tariff declarations, which have impacted market sentiment and risk assets.

Despite these headwinds, Fartcoin continues to rally, outshining even its own ecosystem.

Solana (SOL), for instance, is up only 0.5% this week and trading around $115.25, whereas Fartcoin has jumped 70%, reinforcing its divergence from broader market trends.

With momentum intact and volume rising, Fartcoin may be poised for a breakout above $0.87.

If bulls can sustain the move, the projected target of $0.95 remains within reach before month-end.

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TAGGED: Crypto, Crypto News, Donald Trump, fartcoin, News, Solana News, Uncategorized
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