Meme Coins Weekly Recap: FARTCOIN Overthrows DOGE, WIF
Meme coins had a mixed performance during the second week of December, with most seeing double-digit losses. As noted in this Memecoin Weekly Review, this development is consistent with broader market conditions, with most cryptocurrencies losing their recent bullish momentum.
While memecoins like Dogecoin (DOGE) and Dogecoin (WIF) have plummeted in price, FARTCOIN has performed differently.
Dogecoin (DOGE)
a few weeks ago, Dogecoin Price Flash Signal It is preparing to move towards the $1 mark. However, things changed this week, with the memecoin losing 10% in value.
According to 4 Hours Times, the decline in DOGE’s value may be related to the increase in issuance. Specifically, the Money Flow Index (MFI), which measures the level of buying and selling pressure in the market, fell from 75.57 to 24.12.
The drop suggests some DOGE holders profited from last week’s gains. As of this writing, trading volume is approx. DOGE decreasedindicating that the rebound period has not yet arrived.
If this trend continues, the price of Dogecoin may drop again. This time, it may drop to $0.37. But if memecoins Accumulation risesthis situation may change and Dogecoin may rebound towards the $1 milestone.
Dog Wihart (WIF)
Just like Dogecoin, Price of WIF reduce This week. However, WIF fell 25% as selling pressure mounted. On the daily chart, BeInCrypto meme coin weekly review observes WIF has formed a head and shoulders pattern.
The head and shoulders pattern changes from bullish to bearish, indicating that the cryptocurrency’s value may fall further. With this in mind, Solana meme coin price A drop to $1.88 is possible.
However, this prediction may not come true if the bulls hold on to support near $2.35. there Imaginethe meme coin’s value could jump to $3.93.
FARTCOIN
While meme coins such as DOGE and WIF have experienced declines, Fartcoin, which has recently attracted market attention, has experienced a surge. According to the daily chart, FARTCOIN PRICE Rising From December 8 to the time of writing, that’s a 200% increase.
The sharp increase in price may be related to the bullish sentiment towards AI agents. Recall that Fartcoin is As a result, memecoins were developed Post by Truth Terminal.
From a technical perspective, memecoin trading volumes have declined, indicating that the cryptocurrency may be experiencing a correction. If verified, the price of FARTCOIN may drop to $0.41.
On the other hand, this trend could change if buying pressure increases. In this case, FARTCOIN may rebound to $0.78.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.
