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coinpedia 2025-05-15 11:33:50

Fartcoin Price Eyes $2 As Hyperliquid Listing Hype Pushes Open Interest to Record Highs

Fartcoin Price Eyes $2 As Hyperliquid Listing Hype Pushes Open Interest to Record Highs

The post Fartcoin Price Eyes $2 As Hyperliquid Listing Hype Pushes Open Interest to Record Highs appeared first on Coinpedia Fintech News Key Highlights: Fartcoin surged over 575% from its Q2 bottom, currently trading near $1.26. A confirmed Tier-1 DEX listing on Hyperliquid has propelled futures open interest to a record $712M. DEX volume hit $261.88M with over 341,000 trades, signaling peak user participation. Price structure is mirroring the December–January breakout, hinting at another major move. Short-term targets lie at $1.76–$2.00, with the ATH at $2.74 within reach if momentum holds. Fartcoin surged toward $2 as excitement builds around its Hyperliquid DEX listing. With open interest hitting record highs and on-chain activity accelerating, bullish momentum remains intact. Fartcoin (FARTCOIN), a meme-meets-AI token launched on the Solana-based Pump .fun is staging a powerful comeback, with price action and on-chain signals pointing toward a potential breakout above $2. After a deep correction in Q1 2025, the token has rebounded more than 575% from its March low of $0.20. Currently hovering around $1.26, Fartcoin has flipped key resistance zones and is gaining strength from renewed market attention. Fartcoin Price Surge Mirrors Previous Rallies Fartcoin rose to a high of $1.44 earlier this week, its highest since mid-January, and is currently up 17.97% in the past 7 days, trading near $1.26. This marks a major recovery from its March lows near $0.20, and puts the coin approximately 575% above its Q2 bottom. The current price structure is closely mirroring Fartcoin’s December–January breakout, where multiple small rallies stacked to eventually drive a surge to the all-time high of $2.74. The ongoing rounded bottom pattern, formed between March and May, reflects the same U-shaped consolidation that preceded the last parabolic run. In both cycles, small breakout candles formed consistently over a 4–6 week period, followed by a strong bullish breakout when price breached key horizontal resistance. If this historical rhythm plays out again, a similar acceleration could send Fartcoin beyond $2.00 within the next 1–2 weeks. RSI is holding at 61–62 — bullish but not overbought. MACD remains positive and shows no divergence. Volume and OBV confirm sustained accumulation. A decisive close above $1.46 could push the coin toward the 0.618 Fib level at $1.76, with a clear path toward $2.00 and $2.19 if momentum continues. On-chain data reinforces the technical picture. According to CoinGlass, open interest surged to $712M , a new all-time high for the Fartcoin memecoin — an indication of growing speculative and institutional appetite. On Dune Analytics, daily DEX volume spiked to $261.88M on May 12, with over 341,000 trades — the highest since Fartcoin’s previous ATH run. Together, these metrics suggest both whales and retail are positioning for a sustained move. Fartcoin Price Prediction: $2 in Play If momentum holds, a clean breakout above $1.46 could send the token into the $1.76–$2.00 range over the next 1–2 weeks , mirroring the timeline of its January breakout. Fartcoin may encounter temporary corrections near these zones — as seen on January 16 ($1.00 retest) and January 21 ($1.46 pullback) — before surging higher. In the mid-term, the ultimate target remains the $2.74 ATH , provided volume and sentiment stay strong. However, failure to hold $1.20 could result in pullbacks toward $1.00 or even $0.88, both acting as strong historical supports. In short, Fartcoin’s rally is more than meme-fueled speculation — it’s a pattern-driven breakout backed by data and liquidity. As long as key support zones hold, the odds favor a retest of $2 and possibly new highs.

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