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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...

It’s been a rough couple of days for many crypto traders. However, spare a thought for the North Korean hackers who were liquidated for almost $500,000 on decentralized finance (DeFi) protocol HyperLiquid over the weekend. While some would be happy to see some of the Lazarus Group’s ill-gotten gains go down the drain, others see the activity as a potentially worrying sign. DPRK's trading career is…uh….going….. tbh if i was the dude managing Hyperliquid's 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting my pants right now. Hyperliquid dudes dont seem worried at all though so im sure its fine. 🫠 pic.twitter.com/JrrU7t1sJe — Tay (@tayvano_) December 22, 2024 Read more: DeFi app Delta Prime loses $6M after being warned of Lazarus mole MetaMask’s Taylor Monahan tracks Lazarus Group-linked addresses across the cryptosphere and flagged the activity on HyperLiquid via a post on X, noting that “ DPRK doesn’t ...