Coinbase Global Inc. (Nasdaq: Coin) announced plans to mention Fartcoin (Fartcoin), a fast -growing Solana (SOL) -based memecoin. The Cryptocurrency Exchange has announced that the trade of Fartcoin will start on Thursday 12 June, 9 hours PT if the established liquidity conditions are met.
Coinbase emphasized that the trade of Fartcoin against the US dollar will be rolled out in phases as soon as the established liquidity conditions are met.
Fartcoin records a higher demand from whale investors
According to data analysis on chains, the general demand for Fartcoin has remained increased in recent weeks. According to market data of NansenA whale withdrew 14,916 Solana coins of the Binance Exchange and bought 1.68 million Fartcoin at a market value of around $ 1.4.
The imminent offer Fartcoin on Coinbase will continue to cause whale investors, especially in the midst of the expected altis season of 2025. Moreover, the remarkable crypto -regulatory clarity in the United States has increased the overall altcoin question in the recent past.
What now?
After an impressive meeting in recent weeks, fed by Coinbase list speculations, Fartcoin price has experienced a considerable resistance of around $ 1.5. The Mid-Cap Memecoin, with a completely diluted appreciation of around $ 1.35 billion and an average trade volume of about $ 376 million, has won around 40 percent in the last seven days.
From the point of view of technical analysis, Crypto analyst thinks RookieXBT that Fartcoin is about to a large increase in a large revival. Moreover, a consistent close to $ 2.7 in the weekly period of time in the following weeks will activate a meeting in the direction of all time.