FARTCOIN Surges by Nearly 20% Following Coinbase Listing Roadmap Inclusion
The post FARTCOIN Surges by Nearly 20% Following Coinbase Listing Roadmap Inclusion appeared on BitcoinEthereumNews.com.
Altcoin Analysis FARTCOIN (FARTCOIN), which earlier today registered as one of CoinMarketCap’s top gainers with a surge of nearly 20%, continues its impressive performance and is now trading at $1.29, reflecting a 16.64% increase over the last 24 hours. This sustained momentum comes after the exciting news that Coinbase has added FARTCOIN to its FUTURES offerings and its official listing roadmap, a development that has clearly ignited investor enthusiasm. As of the time of writing, FARTCOIN’s market capitalization has further expanded to $1.29 billion, mirroring its current price and showcasing a substantial increase in its overall valuation. Complementing this, the 24-hour trading volume has seen a significant leap of 53.13% to $263.0 million, indicating robust trading activity and heightened investor interest. The Fully Diluted Valuation (FDV) also stands at $1.29 billion, consistent with its current market cap. With a circulating supply of 999.99 million FARTCOIN out of a total and maximum supply of 1 billion FARTCOIN, the token exhibits a high level of liquidity and transparency in its supply metrics. The volume-to-market cap ratio over 24 hours is currently at 20.29%, suggesting healthy trading against its market size. Diving into the Technicals: A Mixed Bag with Bullish Tendencies While the Coinbase news is a clear catalyst, a closer look at FARTCOIN’s technical indicators reveals a nuanced picture that continues to evolve: Double-Top Formation: The FARTCOIN chart earlier exhibited signs of a double-top formation. This pattern can, at times, suggest that the price might encounter strong resistance and could experience a decline after reaching two peaks. Traders should remain vigilant regarding this potential development. SMA Breakout and Strong Support: On a more bullish note, FARTCOIN has successfully broken out from its 30-day Simple Moving Average (SMA) at $1.239, which is a positive indicator for short-term price momentum. Furthermore, it has established…
Filed under: News - @ June 10, 2025 1:27 pm