New crypto virus fart ($FARTCOIN) regains $1 level and billion-dollar market cap After a double-digit surge in prices on Tuesday,
The Solana meme coin also saw its daily trading volume surge by more than 20%, currently valued at more than $200 million, amid strong interest from TradFi investors.
However, sidelined investors may be worried about whether it is too late to buy $FARTCOIN now. And holders may be looking for the next new cryptocurrency to roll their profits over.
Is it too late to buy Fartcoin now?
As previously noted, Fartcoin price rose 62% on Tuesday, currently trading above $1, with a market cap of $1 billion. and trading volume of 280 million dollars
Fartcoin is built on Terminal of Truth’s AI agent, just like the popular Goatseus Maximus token. It went viral earlier this month and has also received a lot of interest from TradFi investors, something other meme coins haven’t been able to do. can
You’ll see tradfi accounts tweet about Bitcoin from time to time, with hardly any alts, but now we’ve seen a tradfi account blow up 3 tweets in a row about fartcoin. No other coin has this effect. pic.twitter.com/vDDTsqkJOZ
— HornHairs 🌊 (@CryptoHornHairs) December 19, 2024
A big part of Fartcoin’s popularity is the meme coin’s hilarious name, and the bulls have no problem with it. They regard slightly vulgar symbols as part of their overall charm.
The name is also a key reason behind TradFi’s growing interest in Meme Coin. Institutional investors cannot believe that Fartcoin can survive and have a market capitalization higher than many publicly traded American companies.
For example, Hedgeye reports that Fartcoin’s market capitalization is larger than 38% of such companies. When it had a market capitalization of only $560 million
BREAKING: Fartcoin’s market cap is more than 38% of all publicly traded companies in America. pic.twitter.com/obLQK8LNTe
— Hedgeye (@Hedgeye) December 12, 2024
This new cryptocurrency was also the subject of many jokes ahead of the FOMC meeting in December, with many TradFi investors suggesting that the Federal Reserve should start quantitative tightening again. If such a token could have a market value of billions of dollars.
However, bulls are quick to point out that Fartcoin is a community-centric meme coin. Even the token’s developer team left early and the meme coin was promoted mostly by underprivileged groups.
In general, such new meme coins are very successful. As can be seen from Fartcoin’s recent price movement.
While sidelined investors worry whether it is too late to buy the Solana meme coin, these concerns are largely without evidence. Especially considering the daily Relative Strength Index (RSI-14) was at 66, which is below range. “Selling too much”
In fact, the memecoin saw its RSI surge all the way to 90 before seeing a correction in a bull market.
Is New Crypto Wall Street Pepe the Next Fartcoin?
Fartcoin’s biggest strength is its community support. Wall Street Pepe (WEPE) It’s no different.
WEPE is one of the hottest new pre-sale digital coins of 2024 and has raised more than $35 million in less than a month. To put things in perspective, Meme Coin has not yet launched and has a valuation that is way above its value. Following the market price of pre-Binance gems such as First Neiro on Ethereum and Act I: The Prophecy
Raised $35 million Frog is thriving, high energy, prepared, determined and green – pic.twitter.com/qdYWgKVn2X
— Wall Street Pepe (@WEPEToken) December 23, 2024
Wall Street Pepe’s utilities are also about community. In fact The company’s main mission is to challenge the dominance of whales in the Meme Coin sector and provide a fair playing field for retail investors.
In this regard, every WEPE holder will be a member of a special group and get state-of-the-art market alpha, they may soon find the next 100x meme coin in that group too. Considering that members can share insights with each other as well.
WEPE holders are already benefiting from the project’s advance bookings. It currently offers a reward rate of 37%.
This is because a lot of supply is already locked in betting. Investors who have spent their money wisely are confident in Wall Street Pepe’s growth potential, with some predicting returns as high as 100x from the new crypto launch.
Visit Wall Street Pepe Presale
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
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