The popular crypto analyst, Altcoin Sherpa, remains bullish on the Solana-based memecoin Fartcoin (FARTCOIN), despite its 4,000% increase in value over the past two months. Altcoin Sherpa is accumulating FARTCOIN at around $0.80, aiming for an average price of $0.80 or lower. However, the analyst expresses some concern that the trade may be too obvious and consensus-driven. FARTCOIN is currently trading at $0.81 and has experienced an 11% drop in the last 24 hours but has seen significant gains since its launch in late October. Altcoin Sherpa also expresses uncertainty about Ethereum (ETH) and suggests patience for now.
- Content Editor ( dailyhodl.com )
- 2025-01-01
Analyst Says He’s Bullish on Memecoin That’s Exploded Over 4,000% in Two Months – But There’s a Catch