Is Fartcoin's surge a trap? In-depth reveal of the black material of meme coins and the short selling opportunity

📝 Content summary: Hello everyone, welcome to today's in-depth analysis of cryptocurrency. Today we focus on Fartcoin, the token code FARTCOIN, a meme coin that is popular on the Solana chain. It quickly became popular due to humorous brands and AI endorsements, with a market value of over US$1.4 billion. But what are the hidden worries behind this wave of craze? We will explore its potential problems from five aspects: market performance, project background, chip distribution, community disputes and regulatory risks, and evaluate whether it is suitable for short selling. All data comes from authoritative sources, full of practical information, remember to like and collect it! Let’s look at the market performance first. As of June 11, 2025, FARTCOIN price was approximately US$1.43, with a market value of US$1.429 billion, and a 24-hour trading volume of US$273 million, up 13.8%. CoinGecko shows that its all-time high is $2.62, hitting its lowest price on January 19, with a low of $0.0203, hitting October 30. It has risen by 35.3% in the past seven days, far exceeding the Solana ecological average. However, the circulation volume is 999 million, accounting for 99.99% of the total supply of 1 billion. The chips are highly concentrated, and the short-term surge may be suspected of speculation. Second, project background and controversy. Fartcoin is powered by Truth Terminal, AI researcher Andy Ayrey, and is released through Pump.fun in November 2024. Coinbase recently announced that it will launch FARTCOIN on June 12, pushing up prices. But in January 2025, Ayrey sold $20 million tokens, causing a price plunge of 90% and damaged community trust. X user @SolanaMyth said that FARTCOIN airdrop rules are opaque, early participants make huge profits, and retail investors become buyers. Although the project plans to integrate DeFi, its actual functions are limited to meme marketing and lack long-term value support. Third, chip distribution and signs of manipulation. FARTCOIN holds coins highly concentrated, Etherscan shows that the top 10 holders account for 90% of the tokens. @lookonchain disclosed that whales recently injected $1.67 million from Binance, pushing up prices. X user @ChrisMladek said that the liquidity pool is huge, whales can sell in small quantities without affecting prices, which is difficult for retail investors to detect. CoinMarketCap shows that HTX's FARTCOIN/USDT trading pair accounts for more than US$57 million, with high trading concentration. If whales sell, prices may collapse, laying the groundwork for short selling. Fourth, community and market sentiment. The FARTCOIN community is active, and the post on X shows 92.68% bullish sentiment, Fear and Greed Index 78, and is in a state of extreme greed. @KaleAbe said retail investors plan to hold the currency to $10 and their sentiment is rising. But @0xSunNFT revealed that some whales have begun to short, suggesting high-level shipments. On Reddit, 101 posts discuss FARTCOIN, but negative comments increase, questioning its long-term value. Although community hype is strong, it lacks substantial benefits and has a high risk of emotional reversal. Fifth, regulation and market risks. As a meme coin, FARTCOIN faces regulatory uncertainty. In early 2025, the SEC stated that the community meme coins were not securities, but if the policy tightens, it may affect liquidity. Although Coinbase's launch boosted confidence, FARTCOIN fell 21.6% similar to that after Pump.fun raised $1 billion in 2024. Solana chain's high trading volume depends on the market boom, and if sentiment cools down, FARTCOIN may fall with it. According to comprehensive analysis, FARTCOIN's black material is prominent: whale trading, Ayrey's selling controversy, function emptiness, and community differentiation risks. Its trading volume shows liquidity, but its valuation is relatively high, with an RSI exceeding 78, and it is in an overbought state. If the whale sells or Coinbase goes online, the time for short selling may come. It is recommended to wait and see until the RSI falls or whales sell clearly. Be cautious when shorting, and it is recommended to use quantitative trading tools to optimize strategies. For example, aibfarm.com provides accurate market analysis to help you capture price turning points and reduce risks. To learn more, please visit their website. In summary, the short-term craze of FARTCOIN is unstoppable, but the risks far exceed opportunities. Short selling requires waiting for high-level signals and pay attention to whale trends and Coinbase trading trends. Today's analysis ends here. If you like it, please subscribe. See you next time! References: CoinGecko, FARTCOIN price data, CoinMarketCap on June 11, 2025, FARTCOIN market data, Etherscan on June 11, 2025, FARTCOIN position data, June 8, 2025 X post, May 31 to June 11, 2025🔍 Related searches: #Fartcoin #FARTCOIN #Solana #MemeCoin #DeFi #Short cryptocurrency #Blockchain #Quantitative trading #Whale trading