How a Silly Fartcoin Stole the Crown from Bonk on Solana!

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Well now, wouldn’t you know it? That no-account called Fartcoin done went and outshined Bonk to become the second-biggest Solana memecoin by market cap — after a cheeky little 15% sprint that shoved its worth clear past the humdinger $1 billion mark. 🤠💨

Fartcoin (FARTCOIN) has been on a wild ride these past 24 hours, upping its price by over 15%, nicety smashing through that $1 wall, and settling at a respectable $1.06 at press time. This whoop-de-doo pushed Fartcoin’s market cap past a whopping billion dollars, leaving Bonk (BONK) chewing dust at around $980 million. It’s like watching a plucky riverboat gambler finally win the pot from the seasoned card shark.

Now, this little FARTCOIN dust-up wasn’t surprising to those keeping an eye — its price had been snoozing between $0.40 and $0.55 from March 29 to April 9, before it threw a proper hissy fit and shot up to $0.78 on April 9, with a whirlwind volume spike to match. Not stopping there, it yanked itself up to $0.97 by April 11, took a quick breather, then went right back to clouting previous highs and knocking on the door of $1 like a prospector eyeing a gold nugget.

The charts are grinning too, with FARTCOIN hopping well above both the 20-day EMA and 50-day SMA — whatever those magic letters mean, it looks good. If it keeps this pace, the next pit stop is somewhere near $1.20 to $1.25. But take heed! The RSI is creeping up near 70; that’s some fancy code for “maybe don’t get too cocky or you’ll get slapped back down.” 🤡

Now over at Bonk’s camp, things ain’t looking so spry. It’s been wobbling around $0.0000095 to $0.0000138, more sluggish than a cat on a hot tin roof compared to Fartcoin’s fireworks. Sure, the moving averages are trying to play nice, and price is hangin’ near the top of its range, hinting at a breakout if more folks pile in. But volumes are plum lower than those March shindigs, making you think this here movement might just be a slow mosey or more sideways cow-tipping.

If Bonk can muster a clean daily close above this rut, with some fancy footwork and rising volume, it might just break free and aim for about $0.000015 — the very spot that gave it a good two lickings back in March. But until then, it’s like waitin’ on a turtle to finish a race against a jackrabbit.

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2025-04-22 11:40