Crypto Chaos! FARTCOIN Tanks 40%-Whales Laugh, Retail Panic 😂

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Key Takeaways

FARTCOIN’s price stumbled and tripped in the last 24 hours. The mighty whales and crafty Smart Money danced their merry dance, while leveraged shorts reached for the stars… and fell.

On the 26th of August, the crypto bazaar shivered. Memecoins, DeFi, and AI tokens all stumbled, but poor FARTCOIN [FARTCOIN] plummeted like a drunken poet from a rooftop-about 19% as of now, per CoinMarketCap.

On the monthly ledger, it bled over 40%.

All those sweet profits from last week vanished into the ether, just as the Fed’s rosy whispers on rate cuts tried to cheer the masses.

FARTCOIN’s fate had been whispered by the Hyperliquid-linked wallet, swapping it for Useless Coin [USELESS]. The memecoin’s downfall was as inevitable as a man chasing shadows.

Why is FARTCOIN stumbling?

Whales began draining their coffers, leaving the memecoin gasping. One particularly plump whale sold over 1.6 million FARTCOIN for a mere $1.27 million.

In the end, our aquatic friend realized a loss of $1.14 million. Ouch! Even Hyperliquid [HYPE] could not console him.

Smart Money, those sly foxes, liquidated FARTCOIN faster than you could say “oops.” Total sells by DEX traders surpassed 21 in a day. Popcat [POPCAT] and YZY Money [YZY] were mere spectators.

Trading volume sank to $252.85 million-a funeral march for liquidity. On-chain activity mirrored a ghost town.

According to CMC TLDR, network growth shrank by 99% since July 28, when dreams floated at $1.40.

Solana [SOL] memecoins bled as if the world were a cruel jest.

Binance sellers speeding the plunge

Binance became the stage for 1.76 million Futures trades. Leveraged shorts danced merrily, pulling FARTCOIN down the rabbit hole.

Over $5.80M of longs were liquidated in a day-crypto carnage! 🩸

The OI-Weighted Funding Rates painted a crimson picture, hitting -0.0178, with a low of -0.04. Shorts were literally paying longs to gloat.

Interest in longing this tragic clown faded, OI falling from $130M to $116M.

Charts whispered doom: FARTCOIN free-fell 23%, from $1 to $0.77. Prophets had predicted this descent-alas, truth often tastes bitter.

Lower timeframes hinted at a fragile floor around $0.75. A miracle here could see a rebound to $1, but don’t hold your breath.

Otherwise, FARTCOIN may stumble further, meeting $0.70, $0.40, or even $0.20 as the charts mock the hopeful.

If today’s candle closes as it stands, FARTCOIN may have donned its bearish cloak. Or, just perhaps, it’s a brief liquidity hunt, teasing hopeful traders around $0.90.

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2025-08-26 15:15