$3.65M FARTCOIN Whale Sale Sparks 20% Collapse – Is $2 Target Still Realistic?

Key Points

1. A whale sold 3 million FARTCOIN tokens worth $3.65 million, causing a 20% price collapse.

2. The whale initially accumulated 8.89 million FARTCOIN at an average price of $0.26, generating a 349% return.

3. FARTCOIN lost its top memecoin status on Solana, now ranking fourth behind BONK, PENGU, and TRUMP.

4. Despite the sell-off, market sentiment data shows a 77% buyer ratio, and some traders predict a rebound based on historical patterns.

5. Technical analysis indicates oversold conditions, with key support at $1.00 and resistance levels at $1.40 and $1.543.