The Fartcoin price has jumped by 5% in the past 24 hours, rallying to $1.42 following its listing on the Solana-based Hyperliquid DEX.
Data reveals that FARTCOIN has actually surpassed Solana (SOL) in terms of 24-hour trading volume on Hyperliquid, at $2.3 million today (in comparison to $1.5 million for SOL).
And these figures come as FARTCOIN posts a 38% gain in a week and an enviable 67% increase in a month, although it’s still 42% down from its ATH of $2.48, set in January.
However, its new listing has added to the strong momentum it has been building in the past few weeks, with a wider market recovery likely to push its price up even further soon.
Fartcoin Price Update: Fartcoin Flips Solana on Hyperliquid, Is $2 Coming Today?
Looking at Fartcoin’s chart today, we see that the meme token continues to hold onto the momentum it has been gathering since May 8.
After dipping to almost 45 yesterday, the coin’s relative strength index (purple) has risen back to 60, and looks like it could rise further.
Source: TradingViewIts 30-period average (orange) supports this view, given that it continues to rise further above the 200-period average (orange), signalling that FARTCOIN remains in an expansionary phase.
As noted above, its listing on Hyperliquid yesterday has boosted its momentum, with the coin’s overall trading volume standing at just over $300 million.
We also see that a number of notable whales still hold large quantities of FARTCOIN, a sign of a widespread belief among smart money that the token will continue to rise over the coming weeks.
And one thing that’s particularly bullish is that the coin is still waiting on listings from several large exchanges, including Coinbase.
Given the token’s recent growth, it’s arguably only a matter of time before the likes of Coinbase list it, boosting its price further in the process.
Fartcoin is likely to grow in the longer term as well, given that it’s an AI-generated meme token without any centralized control or ownership.
This makes it ripe for being a favorite meme token to trade among retail and bigger investors alike.
It could therefore reach $2 in the next few weeks, before ending the year at around $3, assuming favorable market conditions.
New Presale Tokens Show Good Rally Potential
Fartcoin is probably one of the most promising new tokens in the top 100, and it could seriously become the biggest meme coin in the market soon enough.
Yet there are other, newer coins available for traders wanting to diversify, including several presale tokens that look like they have enough momentum to rally strongly once they list.
One prime candidate to do this is Bitcoin Bull (BTCBULL), a deflationary ERC-20 token that has raised $5.7 million in its increasingly popular sale.
Not only is Bitcoin Bull deflationary, with a hard cap of 21 billion tokens, but it has tied its tokenomics to Bitcoin’s (BTC) price.
Its protocol will burn a percentage of its total supply every time BTC reaches a new $25,000 milestone, beginning with $125,000.
On top of this, BTCBULL will reward holders with Bitcoin (BTC) airdrops at each $50,000 milestone, starting from $150,000.
This could make it a very lucrative token to hold, particularly when owners will also be able to stake it.
Investors can join its sale by going to the Bitcoin Bull website, where BTCBULL is currently available at $0.00251.
This price will rise again tomorrow, and will continue to rise regularly until the sale ends, so buyers should act quickly.
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