The post FARTCOIN Price Plummets After AI Agent Cashes Out $25M appeared on BitcoinEthereumNews.com.

FARTCOIN’s price is showing significant weakness after revelations about Terminal of Truths rocked the market. The coin has fallen 13% in the last 24 hours following a $25 million OTC sale by a suspected human operator. While short-term EMAs remain above long-term averages, their downward trajectory points to a possible death cross that could push FARTCOIN below key support levels at $1.30 and $1.13, with $0.74 as the next major target. FARTCOIN Tumbles as Terminal of Truths Operator Dumps $25 Million, AI Authenticity Questioned FARTCOIN downward spiral began when rumors emerged about a suspected “Terminal of Truths” human operator who quietly cashed out $25 million through an over-the-counter transaction. The selloff accelerated as traders reacted to what many saw as a betrayal of the project’s decentralized ethos, with some major holders rushing to exit their positions amid growing uncertainty. The revelation added fuel to existing doubts on X about Terminal of Truths’ claimed AI autonomy. Information About Terminal of Truths Not Being an Autonomous Bot. Source: x The platform had previously faced credibility issues when its bot made an uncharacteristic typing error months ago. With no technical means to verify if the system truly operates autonomously or is secretly guided by human hands, community members have become increasingly vocal about their skepticism. The massive OTC sale combined with lingering questions about the Terminal of Truths authenticity has significantly damaged market confidence in the meme coin. FARTCOIN Technical Indicators Signal Weakening Momentum FARTCOIN BBTrend indicator has fallen sharply to 10, marking a dramatic decline from its 36.6 reading just two days prior. While the metric has maintained a positive streak for seven consecutive days, its back-to-back drops over the past 48 hours suggest mounting bearish pressure in the short term. FARTCOIN BBTrend. Source: TradingView The Average Directional Index (ADX) reinforces this…

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Filed under: News - @ January 23, 2025 10:22 pm