Meme Coin Still Has Legs, Says Analyst

A crypto analyst is predicting continued growth for a Solana-based meme coin, even after a massive price surge.

Fartcoin (FARTCOIN) Forecast

Altcoin Sherpa, a popular crypto analyst with a large following on X (formerly Twitter), believes the AI-based meme token FARTCOIN still has room to run. Despite a 222% increase in just one month, Sherpa suggests it could climb another 47% to reach $1.25.

He acknowledges uncertainty in the short term, suggesting a possible pullback to $0.70 before another surge. He’s eyeing a potential breakout above the $0.96 resistance level. Currently trading at around $0.85, FARTCOIN previously hit a low of $0.265 on March 18th.

Bonk (BONK) Bottoming Out?

Sherpa also shared his thoughts on another Solana-based meme coin, BONK. He believes BONK has likely hit a short-term bottom and is poised for a breakout in the next one to two months, after a period of consolidation. BONK is currently trading at $0.00001182.

Disclaimer:
This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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