Fartcoin has jumped by 20% today, surging to $1.32 as the cryptocurrency market rises by 4% in the past 24 hours.
These gains have followed a trade deal between the UK and the US, which has invited expectations that tariffs between the US and much of the rest of the world may soon be coming to an end.
FARTCOIN is now up by 10% in a week and by a more impressive 144% in a month in this context, although the meme coin remains down by 47% since reaching an ATH of $2.48 on January 19.
Yet its recent gains and momentum suggest that the token could enjoy more rallies in the coming weeks, with its long-term price prediction looking very strong.
Fartcoin Pumps 20% – Is $100 Really Possible? (Price Prediction)
Looking at Fartcoin’s chart, its momentum has exploded in the past few hours, yet it still has some more space to rise further, before correcting.
For instance, its relative strength index (purple) has just touched 70, yet it won’t be until it spends a few days in this region before we can say that buying has heated up too much.
Source: TradingView
Having said that, this point will likely come sooner rather than later, given that the token’s 30-period average (orange) has been above the 200-period average (blue) for over a month now.
This signals that a correction is in order, although it’s interesting to note that the 30-period has begun rising again in the past few hours, so any decline may not happen for a day or two.
We still don’t see any sign of whales sending FARTCOIN to exchanges in order to sell, with the latest big transfers involving purchases.
It may therefore be a few days before the coin suffers a significant slide, yet its medium- and long-term trajectory remains positive.
Most analysts expect the US to complete trade deals with other major economies in the coming weeks, boosting market positivity further.
This will help lift Fartcoin’s price, while the token will also gain strength from its own status as a relatively decentralized meme coin, given that it has no team members to rug traders.
As such, it’s likely to remain the meme coin of choice for many whales and retail traders for some time to come, pushing its price higher.
It could reach $1.50 in a matter of weeks and $10 by Q4.
And if momentum snowballs alongside broader meme coin mania, even the $100 mark may not be out of reach.
Alternative Altcoins with Strong Fundamentals
For anyone worried that Fartcoin’s lack of fundamentals makes it too risky, there are other, newer alts that come with more utility and arguably a better chance of having a longer shelf life.
Of course, identifying such tokens early is tricky, but one way to do this is to look for the biggest presales, which can often end with big listing rallies.
One token with a good chance of rallying once it lists is layer-two network Solaxy (SOLX), which has now raised an incredible $34 million in its sale.
Launching soon, Solaxy is Solana’s first ever layer-two network, providing low transaction fees and high speeds.
Solaxy will provide instant bridging itself and Solana, while also enabling users to avoid the delays and congestion that can still impact Solana from time to time, even with recent upgrades.
Its native token SOLX will pay for transaction fees, meaning that it could attract lots of demand if Solaxy gains significant adoption.
Holders will also be able to stake it, meaning they can earn a regular income from the token.
Solaxy is aiming to tap into Solana’s massive meme token market, and to provide an outlet to high-frequency traders looking to trade with a minimum of friction.
It could therefore grow very big, with investors able to join its sale at the Solaxy website.
SOLX is currently available at $0.001718, although this price will increase later today, so you should act quickly.
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