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Crypto News: Fartcoin Price Soars After Whale Nets $127K—Is a Pump or Dump Coming Next?

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A crypto whale has just turned a meme coin into a serious payday. On April 21, a savvy trader sold 2.69 million Fartcoin at $0.92 each, netting a solid $127,000 profit. The sale, worth $2.47 million, landed amid growing volatility, igniting a wave of speculation and price action. As the fart-fueled meme token gains traction, the whale’s move has left traders wondering: Is this a sign of strength or a signal to hold your nose?

Big Sale, Big Ripples: Whale Nets $127K in Fartcoin Profit

According to on-chain data from Lookonchain, this major sell-off occurred at 10:30 AM UTC. The whale offloaded 2.69 million $Fartcoin tokens, perfectly timing the sale at $0.92 per coin. That’s roughly a 5% gain from the previous close of $0.88. The $127,000 in realized profit might not seem huge in whale terms, but in a volatile meme coin market, it’s a strategic win.

What followed? A noticeable spike in trading activity. Within just an hour, Fartcoin’s trading volume surged to 4.3 million tokens—more than double its daily average of 2.1 million. That kind of volume doesn’t go unnoticed and suggests traders were reacting fast, either jumping in on the momentum or repositioning in fear of a sell-off cascade.

Fartcoin Price Chart Gets Gassy: Bullish Signals Emerge

From a technical standpoint, Fartcoin’s price showed some muscle. At 11:00 AM UTC, a bullish engulfing pattern printed on the hourly chart, an indicator often tied to upward momentum. The Relative Strength Index (RSI) clocked in at 62, keeping the token just below overbought territory, which could signal more room to run.

Chart 1- FART/USD live price, published on CoinMarketCap, April 21, 2025. 

Adding fuel to the meme fire, the MACD line crossed above the signal line at 10:45 AM UTC. That’s another classic bullish confirmation, reinforced by on-chain data showing a 15% increase in active addresses. Over 12,500 wallets interacted with Fartcoin within 24 hours, signaling fresh interest and possibly a new retail entry. Whether this was a one-off pump or the beginning of a broader meme coin rally, one thing is clear: Fartcoin price has captured attention, and the charts are warming up.

What is Next for Fartcoin? Meme Madness or Crypto Market Momentum?

As the dust settles, Fartcoin price finds itself at a crossroads, prompting traders to ask: What is next for Fartcoin? The whale’s profitable exit may encourage other holders to take gains, potentially increasing near-term selling pressure. However, the flip side is just as compelling – bullish technical indicators and a noticeable uptick in community engagement hint that this could be the start of another meme-fueled rally. Whether Fartcoin consolidates or surges higher now depends heavily on crypto market sentiment, retail hype, and the next big whale move.

The Bottom Line: Fartcoin Smells Like Opportunity – For Now

Fartcoin’s wild ride continues, and this recent whale action has added fuel to the speculative fire. With technicals flashing green and volume doubling post-sale, short-term momentum could carry it further. But in the meme coin world, euphoria turns fast. Stay nimble, stay alert—and maybe, keep an air freshener handy.

The post Crypto News: Fartcoin Price Soars After Whale Nets $127K—Is a Pump or Dump Coming Next? appeared first on Coinfomania.

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