Post by DombaETH

🚨 First Update: Memecoin Gems — $FARTCOIN 💎💨

A retail / mini whale has accumulated and is holding 1.4M $FARTCOIN, worth approximately $177K USDT.

This isn't a major whale wallet — it's a public participant, just like most of us. 😄

On the other hand, there's also a whale with a $1.75M portfolio actively accumulating this sector.

Current holdings:

• 9.94M $FARTCOIN ($1.23M)
• 68.19M $PENGU ($463K)
• 47.31M $PUMP ($65K)

The majority of this portfolio is allocated to $FARTCOIN, suggesting the highest conviction is in this coin compared to $PENGU and $PUMP.

From a technical perspective, $FARTCOIN still appears significantly undervalued on both the 3D and 1W timeframes.

Current Price: $0.12
Previous ATH: $2.50
Invalidation: Below $0.08

At the very least, the coin still has upside momentum from current levels, and the risk/reward setup looks attractive to monitor.

Wallet: 👇🏻
https://arkm.com/explorer/address/CRcheT7YEMRS6TzFEyxDEC8urw57YL4voiESdV2xkMv2

Personally, I think it makes sense to start building a small spot position around these levels.