Trader Says ‘Strong First Move’ Incoming for Dogecoin Rival, Predicts Memecoin Could Rally by up to 75%
A widely followed crypto analyst says that a strong move is coming for one memecoin that could see it rally by up to 75%. In a new thread, the pseudonymous crypto trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that if the artificial intelligence (AI)-based meme asset Fartcoin (FARTCOIN) can break out of its current range, it could find itself near the $0.70 level. “If Fartcoin breaks out of this range, I expect it to have a strong first move, maybe up to the $0.70 area. 30 days of chop and still great mindshare.” Source: Altcoin Sherpa/X Sherpa goes on to note that Fartcoin should hit the $0.55-$0.65 price tag en route to his prediction of $0.70. FARTCOIN is trading for $0.364 at time of writing, a 13.6% gain during the last 24 hours. The analyst concludes by saying that if the crypto industry were to see a marketwide rally that sees Bitcoin (BTC) break above $90,000 once again, Fartcoin would be one of the best tok...