Memecoin leaders are bleeding out today.
→ PENGU fell ~6%
→ BONK dropped 7–8%
→ SPX lost 8%, and even FARTCOIN shed ~6%
→ DOGE, SHIB, and PEPE each slipped around 5%
The culprit wasn’t just memes, it was majors, as BTC and ETH weakness pulled beta plays down with them.
Volumes stayed strong though, with SPX trading ~$49M and FARTCOIN over $200M.
This looks less like collapse, more like beta bleed, and when majors steady, memes usually snap back fast.
Sharples
For the first time, Hyperliquid eclipsed over $100B in perps volume last week.
About 44% of this volume came from ETH, which was also an all-time high.
About 90% of perps volume on Hyperliquid is from the trading of L1 tokens.
Free
This is how I see $TROLL risk/reward
Risk: on a relative basis, rather low. It is the second largest coin on pumpfun as it stands, with 43k holders. It is close to having reached critical mass. PumpFun is also incentivised to see it be a success, as a Troll in the billions will completely restore belief in its broader eco. They’re also making a lot of fees from Troll alone coz it’s a pumpswap token, contrary to Fartcoin or other big PumpFun tokens. So just from that point of view, it’s in their interest to see it become very big, to get perpetual high trading fees from it
Reward: you don’t want to hear the moonboy version of Free here coz you’d be shocked. But keeping a cool head, this is imo the “Pepe type runner” that everybody is waiting for. Low-end target, to me, is around previous winners ATH levels. Higher-end target, would be closing the gap with Pepe, the only other legendary classic internet meme that compares to Trollface in terms of history and ‘aura’ ($5-10B). Moonboy target is a repeat of a SHIB/DOGE type run, but that would require market conditions we haven’t seen this cycle yet
TLDR: risk profile rather low on a comparative basis. Return profile is high due to absence of ceiling on such a historic and globally recognised meme
About Fartcoin (FARTCOIN)
Fartcoin is considered the first ever token mentioned by Truth Terminal, an autonomous chatbot created by AI researcher Andy Ayrey.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 8K new posts about Fartcoin, driven by 4K contributors, and total online engagement reached 1M social interactions. The sentiment score for Fartcoin currently stands at 63%. Compared to all cryptocurrencies, post volume for Fartcoin currently ranks at 1289. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Fartcoin.
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Posts
7,955
Contributors
3,972
Interactions
1,011,450
Sentiment
63%
Volume rank
#1289
X
Posts
7,515
Interactions
988,019
Sentiment
63%
Fartcoin FAQ
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