Fartcoin (FARTCOIN) Price Prediction: FARTCOIN/USD Has Dropped Significantly From Highs Set One Week Ago, But Traders On Social Media Remain Adamant About The Meme Coin's Future Prospects

Self-proclaimed narrative trader ElonMoney shared Nansen data showing that Fartcoin's net inflows hit $10.3 million in 24 hours

Meme coin Fartcoin (CRYPTO: FARTCOIN) has dropped significantly from highs set one week ago, but traders on social narrative platform Stocktwits are adamant about the meme coin’s future prospects.

Here's a quick summary of what some traders are saying about Fartcoin (CRYPTO: FARTCOIN).

ElonMoney shared Nansen data showing that Fartcoin’s net inflows hit $10.3 million in 24 hours, the highest among meme coins like Popcat, Dogwifhat and SPX.

Crypto trader Altcoin Sherpa charted three potential scenarios: "It could go up or it could go down. The end." He confirmed that he's still holding his position.

DragosDen sees Fartcoin's current fear-driven selloff as a counter-indicator, suggesting a major rebound is likely based on technicals, on-chain data and sentiment analysis.

Technically, the coin has printed 8 out of 9 red daily candles, mirroring a past 55% pullback before a strong recovery.

The current 65% correction aligns with past major dips, and the price sitting just below $1 makes it a strong accumulation zone.

Breaking down the analysis further:

* Tech: 8/9 red daily candles (past 55% pullback had a strong recovery). 65% correction aligns with past major dips.

* On-chain: Coin maintains top 10 status, ranking 9th with $1.5B 24h volume. Number of holders increasing toward 100k. Fartcoin is also still largely unlisted on major spot exchanges.

* Sentiment: Commentary is negative, analytics are nearing historical lows (past lows marked bottoms) and large whales are still accumulating despite recent price weakness.

* Given past sharp rebounds following dumps, if the broader market is stable, Fartcoin has a high probability of making a strong move upward. However, volatility is expected to continue until Tier 1 spot listings.