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Cryptocurrency News Articles
Fartcoin (FART) Leads Bitcoin's BTC/USD Sunday Evening Breakout, Spiking 4.67%
Apr 21, 2025 at 01:55 pm
The Solana SOL/USD-based cryptocurrency spiked 4.67% over the previous day, becoming the biggest gainer among the top ten meme coins by market capitalization.
Memecoins continued their rally on Sunday evening, following Bitcoin's BTC/USD breakout and paving the way for further gains in the crypto market. Among the top movers were Fartcoin, which soared by 4.67%, and Pepe, which rose by 4.54%.
What Happened: Solana's FARTCOIN is known for its potential for rapid price increases and substantial earnings potential. The coin experienced a 111% surge in the last month, a remarkable feat considering the broader cryptocurrency market is currently facing bearishness due to tariff-induced pressure.
A Lookonchain analysis revealed that a whale who had previously incurred significant losses on FARTCOIN transactions and was holding unrealized losses managed to flip the script. The whale sold approximately $2.47 million worth of memecoin, realizing a gain of $127,000.
The analysis also highlighted the whale's unsuccessful attempts to sell FARTCOIN at higher prices, eventually leading to a loss of over $488,000.
"@LooksOnChain A whale sold 2.69M $Fartcoin($2.47M) at $0.92 3 hours ago, making a $127K profit.
He planned to sell higher but failed, and finally sold at a small profit after holding for 109 days with a loss of $488K. Is it a good time to buy $Fartcoin?"
The frog-themed token Pepe saw a 4.54% increase, bringing its price to $0.0318. The Ethereum-based token also witnessed a 4.81% jump in 24-hour trading volume, reaching $503 million.
Moreover, meme coin heavyweight Shiba Inu SHIB/USD rose by 3.29%, pushing its market capitalization to $7.5 billion, while trading volume shot up by 61% to $141 million.
Dogecoin DOGE/USD, the largest meme coin by market capitalization, also spiked by 1.50%, and transaction volume soared by 88% to a staggering $841 million.
Floki FLOKI/USD and dogwifhat WIF/USD registered gains of 1.56% and 2.03%, respectively, in the last 24 hours.
Overall, the total memecoin market capitalization advanced by 1.59% to reach $46.98 billion, with volume surging by 14.70%.
The rebound followed Bitcoin's breakout to $87,000 on Sunday after several weeks of sideways movement in the apex cryptocurrency. Bitcoin's price increased by about 2.60% in the last 24 hours.output: Memecoins rebounded on Sunday evening, following Bitcoin's breakout and paving the way for further gains in the crypto market. Among the top movers were Fartcoin, which soared by 4.67%, and Pepe, which rose by 4.54%.
Solana's FARTCOIN is known for its potential for rapid price increases and substantial earnings potential. The coin experienced a 111% surge in the last month, a remarkable feat considering the broader cryptocurrency market is currently facing bearishness due to tariff-induced pressure.
A Lookonchain analysis revealed that a whale who had previously incurred significant losses on FARTCOIN transactions and was holding unrealized losses managed to flip the script. The whale sold approximately $2.47 million worth of memecoin, realizing a gain of $127,000.
The analysis also highlighted the whale's unsuccessful attempts to sell FARTCOIN at higher prices, eventually leading to a loss of over $488,000.
"@LooksOnChain A whale sold 2.69M $Fartcoin($2.47M) at $0.92 3 hours ago, making a $127K profit.
He planned to sell higher but failed, and finally sold at a small profit after holding for 109 days with a loss of $488K. Is it a good time to buy $Fartcoin?"
The frog-themed token Pepe saw a 4.54% increase, bringing its price to $0.0318. The Ethereum-based token also witnessed a 4.81% jump in 24-hour trading volume, reaching $503 million.
Moreover, meme coin heavyweight Shiba Inu SHIB/USD rose by 3.29%, pushing its market capitalization to $7.5 billion, while trading volume shot up by 61% to $141 million.
Dogecoin DOGE/USD, the largest meme coin by market capitalization, also spiked by 1.50%, and transaction volume soared by 8
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- Dogecoin (DOGE) Community Celebrated Doge Day, Despite the Lackluster Price Action
- Apr 21, 2025 at 07:15 pm
- The Dogecoin (DOGE) community just celebrated Doge Day, also known as D-Day, on April 20 or 4/20. However, similar to the coin's previous reception to the event, its price action was only mild
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