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Simon Chandler

Author

Simon Chandler

About Author

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,…

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Last updated: 

May 26, 2025

The Fartcoin price has climbed by 3% in the past 24 hours, with its jump to $1.42 coming as the crypto market as a whole slips by 0.2% today.

This increase puts Fartcoin up by 18% in a week and by 41% in a month, with the token outperforming TRUMP by a wide margin, which is flat in a week and down by 15% in the last 30 days.

Another flattering contrast is that Fartcoin is only 42% down from its January ATH of $2.48, while TRUMP is down from its own ATH by a whopping 82%.

This stark contrast testifies to the greater decentralization of Fartcoin in comparison to TRUMP, with this decentralization putting it in a much better position to rally in the coming months.

Is Fartcoin the New King of Meme Coins? While TRUMP Tanks, FART Just Keeps Rising (Fartcoin Price Prediction)

Looking at the Fartcoin price and its chart today, we see that it has just begun another bounce that could lead to further gains in the next few days.

After dropping as low 40 yesterday, the alt’s relative strength index (purple) has risen back above 50 and could continue towards 70, as it did in previous weeks.

However, it’s also worth noting that the token’s 30-period average (orange) has remained above the 200-period average (blue) since early April, implying that a small correction could be coming for the Fartcoin price.

One other positive detail is that the coin’s 24-hour trading volume is about 176% higher than it was three months ago, pointing to elevated demand.

Indeed, whales have continued buying Fartcoin in the past few weeks, including one large investor who purchased $4.4 million in the token on Friday.

Such data suggests that the Fartcoin market remains very healthy, which we can’t necessarily say for one of its rivals, TRUMP.

TRUMP’s trading volume is currently higher than Fartcoin’s, yet as noted above it has underperformed the latter on pretty much every timeframe.

It’s arguable that this is because TRUMP’s market is more centralized and more manipulated, with the coin falling in the days following a 220-person dinner for the biggest holders of the meme token.

Because Fartcoin is an AI coin, it’s arguably more decentralized than TRUMP, with 80% of the latter’s total supply held by the two Trump-owned entities which created it.

This greater decentralization potentially gives the market more faith in Fartcoin, with the Fartcoin price on track to reach $2 in the next couple of months, and $3 by Q4.

New Altcoins with Stronger Fundamentals and Stronger Potential

If Fartcoin is too much of a meme token for some traders, they may prefer to invest in new alts with more utility and more solid fundamentals.

Of course, finding promising alts with potential before they explode can be tricky, but one route to doing this is to look for big presales.

The popularity and size of presales can be an indicator that a coin will do well once it goes live, with some of the biggest sales leading to big rallies.

And probably the biggest presale happening right now is Solaxy (SOLX), a layer-two token that has raised an incredible $40.7 million in its ICO.

Solaxy’s sale will end in 20 days, with the platform launching its layer-two network for Solana soon after.

As an L2 for Solana, Solaxy will provide users with low transaction fees and fast confirmation times, removing much of the friction that can come with using Solana.

It will help traders to avoid delays and congestion, while it will also enable instant bridging between itself and its parent chain.

This will help Solaxy to grow in size quickly, with the platform aiming to become a major hub for meme tokens and DeFi.

Because users will have to pay transaction fees in SOLX, the token could experience massive demand as Solaxy grows in size.

Newcomers can still join its sale at the Solaxy website, where SOLX costs $0.001736.

Given the success of its sale, it could rise well beyond this price once it lists in three weeks.

Ethereum price failed to recover above $1,820 and dropped below $1,650. ETH is now consolidating losses and might face resistance near the $1,675 zone.

• Ethereum failed to stay above the $1,650 and $1,620 levels.
• The price is trading below $1,650 and the 100-hourly Simple Moving Average.
• There was a break below a connecting bullish trend line with support at $1,775 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair remains at risk of more losses below the $1,550 support zone.

Ethereum Price Dips Further

Ethereum price failed to stay above the $1,800 support zone and extended losses, like Bitcoin. ETH declined heavily below the $1,750 and $1,700 levels.

There was a break below a connecting bullish trend line with support at $1,775 on the hourly chart of ETH/USD. The bears even pushed the price below the $1,600 level. A low was formed at $1,537 and the price recently corrected some losses.

There was a move above the $1,580 level. The price tested the 23.6% Fib retracement level of the downward move from the $1,815 swing high to the $1,537 low. However, the bears are active near the $1,600 zone. The price is now consolidating and facing many hurdles.

Ethereum price is now trading below $1,650 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $1,600 level.

The next key resistance is near the $1,675 level or the 50% Fib retracement level of the downward move from the $1,815 swing high to the $1,537 low. The first major resistance is near the $1,710 level. A clear move above the $1,710 resistance might send the price toward the $1,820 resistance.

An upside break above the $1,820 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,880 resistance zone or even $1,920 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $1,600 resistance, it could start another decline. Initial support on the downside is near the $1,550 level. The first major support sits near the $1,535 zone.

A clear move below the $1,535 support might push the price toward the $1,420 support. Any more losses might send the price toward the $1,400 support level in the near term. The next key support sits at $1,350.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $1,550

Major Resistance Level – $1,600

Welcome to The Logoff. Today I’m focusing on Donald Trump’s effect on the economy, because we’re seeing some early indications of how the president’s policies are affecting the rest of us — and because the markets may influence his behavior going forward.

What’s the latest? We got two early signs of how Trump’s economy is doing today. The government reported that the US added a net 151,000 jobs in February — slightly less than the average growth for the past 12 months (168,000). And the financial markets closed their worst week since early September.

Is this mediocre economy Trump’s fault? During the period of inflation under Joe Biden, his defenders were quick to point out that the economy is influenced by factors outside the president’s control. The same is true for the current president.

But Trump is far from blameless. The job growth estimate reflects some, but not all, of the administration’s mass layoffs of federal workers. And on the markets, analysts say the uncertainty of Trump’s implementation — and then partial walkback — of tariffs on Canada, Mexico, and China drove the slide.

What’s the big picture? Trump’s promises of an instant economic boom were always nonsensical. The US economy is a behemoth that takes time to change course, even under the most pro-growth policies. And very few — if any — economists think mass federal layoffs and hefty tariffs are a recipe for growth.

Perhaps more interesting is how (and whether) the market slides will affect Trump going forward. As observers weigh whether Trump will go through with the massive tariffs he’s continually threatening, skeptics have said that bad market reactions could restrain the administration. But it’s just too soon to know: Trump on Thursday said his walkback of tariffs this week had “nothing to do with the market.”