Analysts Highlight Why FARTCOIN Under $1 Could Be a Smart Buy in August

Fartcoin has dropped more than 20% in the past 24 hours, becoming the market’s top loser. Despite the sharp decline wiping out all of August’s recovery gains, it appears whales and investors see this as a buying opportunity.

This article explains why analysts believe FARTCOIN under $1 could be a strong buy in August.

3 Reasons FARTCOIN Under $1 Is a Good Opportunity in August

Price data from BeInCrypto shows that FARTCOIN fell over 20% today to $0.85 — the lowest level in the past 90 days.

Trading volume exceeded $300 million, up 50% from August’s average. Combined with the sharp price drop, panic selling dominates sentiment for this meme token.

FARTCOIN 90-Day Price Performance. Source: BeInCrypto

However, the first sign that whales see this as a buying opportunity comes from OnchainLens. They observed a large wallet sending 12 million USDC to HyperLiquid and purchasing $1 million worth of FARTCOIN.

This activity shows that big investors still have confidence in the meme token. It could act as a catalyst for a FARTCOIN price rebound if the market reacts positively.

The second factor is Pump.fun, a Solana-based memecoin launch platform, recently launched the Glass Full Foundation. This fund aims to inject liquidity into selected memecoin projects, foster long-term success, and accelerate the growth of projects in the Pump.fun ecosystem.

introducing the Glass Full Foundation

the Glass Full Foundation aims to accelerate the most organic, vibrant, and promising communities in the pump fun ecosystem

GFF will inject SIGNIFICANT liquidity into ecosystem tokens to support our most diehard cults

learn more