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Cryptocurrency News Articles

Fartcoin (FRTC) Faces Market Correction Amidst Bearish Sentiment

May 09, 2025 at 12:01 am

Fartcoin (FRTC), a Solana-based meme coin, is currently trading at approximately $0.9516

Fartcoin (FRTC) Faces Market Correction Amidst Bearish Sentiment

Fartcoin (FRTC) is currently trading at approximately $0.9516, marking a 13.67% decrease in the last 24 hours. The Solana-based meme coin has lost key support around $1.17, which is now being retested as resistance, confirming a bearish rejection by the market.

As Fartcoin continues to decline, it may present opportunities for strategic entry, especially considering its popularity among Solana meme coins, such as MEW, Chillguy, and Myro. The current market cap is approximately $951.5 million, with a circulating supply of nearly 1 billion FRTC tokens.

However, it's crucial to approach any investment decisions with caution, given the meme coin's bearish trend and the inherent risks involved.

Former President Donald Trump's ventures into cryptocurrency have sparked significant controversy, particularly with the involvement of his family's company, World Liberty Financial.

The company launched a stablecoin that was used in a $2 billion investment deal with a UAE-backed fund to acquire a 5% stake in Binance. This move, which was approved by the Trump family, has raised ethical concerns, leading Senate Democrats to propose legislation banning federal officials from investing in or endorsing digital assets.

Moreover, Trump's meme coin, $TRUMP, has reportedly generated over $320 million in trading fees, offering unique benefits like breakfast with the former president to the top holders.

This involvement has blurred the lines between personal profit and public service, potentially compromising national security and public trust, according to critics.

Bittensor (TAO)

Bittensor (TAO) is currently being traded at approximately $356.88, showing a 1.07% decrease in the last 24 hours. The decentralized AI token has encountered stiff resistance near the $380 mark, putting a halt to its recent rally as bulls are losing momentum.

Despite this, the Bittensor ecosystem continues to develop, with the introduction of an Ethereum compatibility layer that will enable broader smart contract deployment on the Bittensor chain.

According to the technical analysis, if TAO manages to break past the $373 resistance, it could drive prices towards the $480 level. However, the market remains volatile, and investors are advised to exercise caution and invest wisely.

TRON (TRX)

TRON (TRX) is currently being traded at approximately $0.24, showing a slight decline of 0.91% over the last day. The network has seen a significant boost from a recent $1 billion Tether (USDT) mint, bringing its total USDT circulation closer to Ethereum's.

This development, along with the progress in TRON's decentralized application (dApp) ecosystem and partnerships with traditional financial institutions, was highlighted by founder Justin Sun, who reported "huge" 30-day progress.

As TRON continues to expand, it has moved up in the top 10 crypto ranking, overtaking Cardano (ADA) to become the 9th largest cryptocurrency by market cap.

If TRX manages to maintain its current trajectory, it could target the $0.40 level in the near term, according to the technical analysis. However, investors are advised to perform their own due diligence and invest wisely.

If you're searching for the top crypto to buy right now, look no further than Web3Bay's 3BAY token. In a market saturated with hype and recycled ideas, this Solana-based meme coin stands out with real utility and explosive upside potential.

Enter Web3Bay, a fully operational decentralized e-commerce platform where users enjoy 5 percent crypto discounts and daily crypto rewards just for shopping. No hype, no promises, just a functioning ecosystem powered by the 3BAY token. From purchases and rewards to governance, the token is at the heart of the action, offering holders immediate value.

With the presale now in Stage 5, over $1.8 million has been raised, and more than 400 million tokens have been sold at just $0.005247. The final stage is priced at $0.1959, creating a potential 6,430 percent ROI for early buyers.

Each stage pushes the price higher, and with every day, more buyers are flocking to join the presale. But time is running out to get in at this level.

While Fartcoin loses support, Trump's crypto dealings raise eyebrows, and Bittensor and TRON battle resistance and stagnation, Web3Bay stands out as the rare project delivering today, not tomorrow.

With its presale in full swing and over 90 percent of Stage 5 already subscribed, 3BAY offers both a functioning ecosystem and one of the most compelling ROI opportunities in 2025. Miss this presale, and you'

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Other articles published on May 09, 2025