From FARTCOIN to AI Tokens: Mapping the Hottest Altcoin Trends Now
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- FARTCOIN shot up 45% in the past 24 hours, reclaiming the 20-day EMA.
- Nansen said that smart money has bet on FARTCOIN in the past 24 hours.
- TAO, RENDER, and FET also soared amid the popularity of AI cryptocurrencies.
Fartcoin (FARTCOIN), a meme token based on the Solana blockchain, has soared 45% in the past 24 hours as the trading volume of the digital asset doubled in the past 24 hours, suggesting increased buying activity.
At press time, FARTCOIN trades at $0.7260, down more than 70% from its all-time high seen three months ago, according to CoinMarketCap data. The price surge was a result of smart money putting their resources in the meme token.
As per the data from Nansen, Fartcoin (FARTCOIN) was the top investment for smart money in the past 24 hours, followed by AGAWA, JOCKEY, XI JINGPOOH, and CRYPTOAI.
Why is FARTCOIN Pumping? The ‘Smart Money’ Connection
Additionally, the chart below confirms that FARTCOIN has reclaimed the 20-day Exponential Moving Average (EMA) at $0.513 as support level while the Relative Strength Index (RSI) reads 64.57, confirming that the bulls are over…
The post From FARTCOIN to AI Tokens: Mapping the Hottest Altcoin Trends Now appeared first on Coin Edition.
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