Fartcoin Surges 15% Amid $1 Billion Liquidation | Today’s Notable Meme Coins

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Meme coins had a day of mixed trading results, with some tokens continuing to record losses after nearly $1 billion was liquidated in the past 24 hours. However, Fartcoin took the top spot in today's price increase list.

BeInCrypto analyzed two other meme coins with positive signals for investors to follow.

Fartcoin (FARTCOIN)

  • Launch Date – October 2024
  • Circulating Supply – 999.99 million FARTCOIN
  • Max Supply – 1 billion FARTCOIN
  • Fully Diluted Valuation (FDV) – $914.59 million
  • Contract Address – 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

FARTCOIN emerged as the best-performing meme coin today, increasing 15% in the past 24 hours. This altcoin successfully broke through the $1.00 mark, showing signs of recovery. This strong increase indicates FARTCOIN is attracting meme coin investors' attention despite broader market conditions.

The Chaikin Money Flow (CMF) indicator shows increasing inflow into FARTCOIN, signaling growing demand. This increased buying activity supports price increase prospects, suggesting the meme coin may continue rising. If the inflow remains strong, FARTCOIN could reach $1.20, confirming positive short-term momentum.

FARTCOIN price analysis.FARTCOIN price analysis. Source: TradingView

However, a significant price drop in broader market conditions could reverse FARTCOIN's profits. If selling pressure overcomes buying pressure, the meme coin could drop below the $1.00 support level. In this case, FARTCOIN might fall to $0.91 or lower, invalidating the current upward trend and increasing investor losses.

Floki (FLOKI)

  • Launch Date – June 2021
  • Circulating Supply – 9.66 trillion FLOKI
  • Max Supply – 10 trillion FLOKI
  • Fully Diluted Valuation (FDV) – $844.06 million
  • Contract Address – 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e

FLOKI increased 9.4% today, trading at $0.00008389. This altcoin is aiming to maintain the $0.00008308 support level, which could help it reach $0.00009006 in the near future. The support at $0.00008308 will be crucial in determining FLOKI's potential for continued growth.

The MACD indicator shows the price decline crossover is near ending. History suggests such events have previously led to price increases, and FLOKI is likely to follow a similar pattern. This technical signal indicates the meme coin may soon experience a price surge, pushing it to higher levels.

FLOKI price analysis.FLOKI price analysis. Source: TradingView

If investors start selling or adverse market conditions increase, FLOKI could face a decline to $0.00007175. A drop to this level would extend current losses and likely invalidate the price increase prospects for this altcoin. The market's reaction will determine the short-term price action of this coin.

Small Market Cap Corner – Apu Apustaja (APU)

  • Launch Date – March 2024
  • Circulating Supply – 337.89 billion APU
  • Max Supply – 420.69 billion APU
  • Fully Diluted Valuation (FDV) – $62.90 million
  • Contract Address – 0x594daad7d77592a2b97b725a7ad59d7e188b5bfa

APU experienced a slight 4.25% decrease in the past 24 hours, currently trading at $0.0001823. Despite the decline, it has shown resilience compared to other tokens. This meme coin is likely to maintain the $0.0001793 support level as a strong buffer against further potential losses.

The Ichimoku Cloud shows positive momentum for APU, suggesting an upward trend. This technical pattern brings optimism for the token's future, as it could push the coin to an important resistance point at $0.0002053. This growth will be crucial for the meme coin's upward journey, with $0.0001793 forming a strong support foundation.

APU price analysis.APU price analysis. Source: TradingView

However, if APU loses support at $0.0001793, it faces potential price decline risks. If it drops below this level, the meme coin could fall to $0.0001611, invalidating its current price increase prospects.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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