Solana-based Memecoin Fartcoin (Fartcoin) has outperformed the broad Crypto market so far in April, rising by over 104% compared to a 2% decline in Sol over a week. As of April 10th, it was trading as high as $0.87.
Fartcoin/USD vs. Total Crypto performance over a 30-day market capitalization. Source: TradingView
The cryptocurrency outperformance appears despite President Donald Trump’s seesaw fee announcement, which wiped out nearly $160 billion from Crypto’s market capitalization in April.
Fartcoin outperforms other memokines within the Solana Ecosystem. This is the official Trump (Trump), which fell by about 25% in April.
As appears to be the case, the third largest Solana Memecoin could rise another 30% in April due to its classic bullish continuation setup.
Fartcoin Bull Flag suggests a new high
Fartcoin’s bullish technical outlook comes from its general bull flag setup.
On April 10th, Fartcoin was upside down from the range of the channel.
fartcoin/usdt 4 hour price chart. Source: TradingView
This trend predicts a potential move to $0.95 every April under the psychologically significant $1 mark.
The relative strength index (RSI) hoveres in bullish areas above 66, suggesting there is still room for further profit before entering excess conditions above 70 marks.
Additionally, Fartcoin prices get support from the 50-4H (red) and 200-4H (blue) index moving averages (EMA). As long as Fartcoin stays above them, the Bull Flag breakout could be fully rolled out, potentially rallying at $0.95.
Fartcoin Mimicks Pepe’s road to $3 billion market capitalization
Fartcoin shows the same signs as 2023-2024, preceded the explosive drive of Pepe (Pepe) according to market analyst @TheUnipcs.
“I talk about (spot) volumes of $300 million to $500 million every day,” the analyst wrote about Fartcoin, referring to the exchange of Binance, Coinbase, Bybit, Upbit and OKX.
According to data resource CoinMarketCap, in the last 24 hours, Fartcoin volumes have exceeded $446.84 million, exceeding Bonk (Bonk) $129.85 million and Shiba Inu (Shib) $319.43 million.
Top Meme Coin and its price and volume performance. Source: CoinMarketCap
Meanwhile, Fartcoin is head-on against Trump, recording a trading volume of around $661.78 million over the past 24 hours.
However, Onchain data reveals that Fartcoin is handling almost twice the value in the actual transfer, suggesting deeper engagement and utility despite the numbers in Trump’s headline volume.
Fartcoin vs. Trump Daily Transfer Value Chart. Source: SolScan
As a result, Fartcoin appears to be in the middle of a powerful hype-driven rally, improving its tentative bullish outlook.
