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Fartcoin’s High-Profile Debut on Binance.US Becomes a “Sell the News” Event with a 10% Price Drop


by Izabela Anna
for CoinEdition
news report on the volatile market debut of the Fartcoin (FARTCOIN) meme coin following its new listing on the Binance.US exchange.
  • Fartcoin drops 10.62% post-Binance.US listing despite high trading volume surge
  • Technical indicators show weak bullish signals and suggest market indecision persists
  • Analysts forecast Fartcoin to drop to $0.924–$0.953 by year-end amid volatility concerns

Fartcoin (FARTCOIN), a Solana-based meme coin with strong roots in internet humor, has officially made its debut on the Binance.US exchange. The listing, however, was met with significant volatility and selling pressure, as the token’s price dropped over 10% in its first day of trading.

Deposits for the token are now open. Trading for the FARTCOIN/USDT pair commenced at 7 a.m. EDT on June 18.

Market Volatility Marks Fartcoin’s Debut

Fartcoin entered the market trading around $1.24 and briefly surged past $1.30. However, it soon reversed course and declined sharply. The price …

The post Fartcoin’s High-Profile Debut on Binance.US Becomes a “Sell the News” Event with a 10% Price Drop appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Fartcoin’s High-Profile Debut on Binance.US Becomes a “Sell the News” Event with a 10% Price Drop


by Izabela Anna
for CoinEdition
news report on the volatile market debut of the Fartcoin (FARTCOIN) meme coin following its new listing on the Binance.US exchange.
  • Fartcoin drops 10.62% post-Binance.US listing despite high trading volume surge
  • Technical indicators show weak bullish signals and suggest market indecision persists
  • Analysts forecast Fartcoin to drop to $0.924–$0.953 by year-end amid volatility concerns

Fartcoin (FARTCOIN), a Solana-based meme coin with strong roots in internet humor, has officially made its debut on the Binance.US exchange. The listing, however, was met with significant volatility and selling pressure, as the token’s price dropped over 10% in its first day of trading.

Deposits for the token are now open. Trading for the FARTCOIN/USDT pair commenced at 7 a.m. EDT on June 18.

Market Volatility Marks Fartcoin’s Debut

Fartcoin entered the market trading around $1.24 and briefly surged past $1.30. However, it soon reversed course and declined sharply. The price …

The post Fartcoin’s High-Profile Debut on Binance.US Becomes a “Sell the News” Event with a 10% Price Drop appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CZ Says Governments Are Buying Bitcoin as Breakout Signals Major Rally Ahead

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Crypto influencer Crypto Rover posted on July 5 that “many countries are buying #Bitc...
Hidden Weakness? Why Bitcoin’s Low Trading Volume Is a Major Warning Sign

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Despite Bitcoin trading near record highs, a worrying on-chain signal is flashing a w...