Hello friends.
I think that following a breakout from this accumulation area, Fartcoin will soon have an echo bubble that may go as high as $1.00 or even a little higher before the excitement starts to fizzle out again and prices begin falling. There are several things making me interested in this idea.
1) Smart money accumulation
According to Stalkchain, large and profitable traders have been buying recently and expecting the price to rise. Profitable traders are usually right so that is good news.
x.com/StalkHQ/status/1897423425309663594
2) High volume and high mindshare
The coin regularly turns over it's entire market cap in volume, and has maintained the largest mindshare out of all the AI crypto coins which is favorable for long term growth and means that the attention of traders has not disappeared from this coin like it has for many others. This coin has been mentioned by a lot of famous people, which means it will continue to take up space in the minds of retail traders who will happily start buying if they see that the price is going up.
I think that following a breakout from this accumulation area, Fartcoin will soon have an echo bubble that may go as high as $1.00 or even a little higher before the excitement starts to fizzle out again and prices begin falling. There are several things making me interested in this idea.
1) Smart money accumulation
According to Stalkchain, large and profitable traders have been buying recently and expecting the price to rise. Profitable traders are usually right so that is good news.
x.com/StalkHQ/status/1897423425309663594
2) High volume and high mindshare
The coin regularly turns over it's entire market cap in volume, and has maintained the largest mindshare out of all the AI crypto coins which is favorable for long term growth and means that the attention of traders has not disappeared from this coin like it has for many others. This coin has been mentioned by a lot of famous people, which means it will continue to take up space in the minds of retail traders who will happily start buying if they see that the price is going up.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.