Fartcoin (FARTCOIN) Captures Attention After Soaring 84% in Seven Days, Prompting Bullish Sentiment From Traders

FARTCOIN/USD continues to capture attention after soaring 84% in seven days, prompting bullish sentiment from traders.

Fartcoin (FRT/USD) price has captured the attention of crypto traders after stunning gains of 84% in seven days sparked bullish remarks.

What Happened: Prominent trader Unipcs revealed on Monday that he is up $2.2 million on his Fartcoin long position, including a $1.2 million gain in the past week alone.

This comes despite being 80% below its all-time high, and one of the most skeptical traders on the crypto market.

"It has the strongest mind share out of any meme coin this cycle, it's the most reactive meme coin during market bounces (shows market strength) and if this bull-run continues to go it could easily get a multi-billion dollar valuation."

Entrepreneur and Bitcoin investor Lark Davis, known for his interest in cryptocurrency trends, took to X (formerly Twitter) to engage with his followers on a pressing topic: the identity of the SHIB of the current cycle.

Is Fartcoin the SHIB of this cycle? 🤔

Is it TIME for a new bull-cycle to begin? 🐂

Thoughts? 👇

Crypto trader Posty is shorting Fartcoin, not necessarily due to bearish sentiment but for a risk-reward play at a key resistance level.

"I'm short Fartcoin.Not because I expect it to go zero, strength has been insane.I think there's good RR here to short at resistance whilst a higher low is made at around ~$0.45.Clear invalidation above this key level."

Another crypto trader, McKenna, shares his top pick for a cryptocurrency to hold in 2025: Fartcoin.

Known for his bold predictions, McKenna is placing his bets on the meme token to be the first to reach its all-time high again.

"The only memecoin I'm holding into 2025 is Fartcoin. It's the most likely to hit its all-time high before any other."

Crypto exchange Crypto.com has announced the listing of Fartcoin for trading on its platform.

According to data from Stalkchain, there has been significant accumulation of Fartcoin by smart money, hinting at the potential for a sustained uptrend.

In a recent development, a fresh wallet has poured $1 million into buying Fartcoin.