{"id":186733,"date":"2025-04-15T21:05:35","date_gmt":"2025-04-15T21:05:35","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/hot-air-rises-crypto-trader-says-solana-based-memecoin-thats-up-220-in-a-month-primed-to-go-much-higher\/"},"modified":"2025-04-15T21:05:35","modified_gmt":"2025-04-15T21:05:35","slug":"hot-air-rises-crypto-trader-says-solana-based-memecoin-thats-up-220-in-a-month-primed-to-go-much-higher","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=186733","title":{"rendered":"\u2018Hot Air Rises\u2019: Crypto Trader Says Solana-Based Memecoin That\u2019s Up 220%+ in a Month Primed To Go Much Higher"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A closely followed crypto analyst believes one Solana (<a href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\" rel=\"noopener\" target=\"_blank\">SOL<\/a>)-based meme token is gearing up for further swings to the upside.<\/p>\n<p>Pseudonymous trader Altcoin Sherpa <a href=\"https:\/\/x.com\/AltcoinSherpa\/status\/1912147245505339396\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 244,000 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/fartcoin\/\" rel=\"noopener\" target=\"_blank\">FARTCOIN<\/a>) will likely break through the $1 resistance level after putting up massive gains in the past month.<\/p>\n<p>However, he says the meme asset may first return to the .382 Fibonacci retracement level at $0.70.<\/p>\n<p>Fibonacci retracement levels are used in technical analysis for determining an asset\u2019s support and resistance levels.<\/p>\n<p><em>\u201cDon\u2019t have much of an opinion on Fartcoin at current level; would probably wait to buy on a break of $1 or at $0.70. Still think this one goes much higher later but not sure in the short term. Regardless, hot air rises and this is the meme of the cycle in my opinion.\u201d<\/em><\/p>\n<figure style=\"width: 1199px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GolPxxIWIAAfrpt?format=jpg&amp;name=medium\" alt=\"Image\" width=\"1199\" height=\"671\"\/><figcaption class=\"wp-caption-text\">Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n<p>Fartcoin is trading for $0.871 at time of writing, up 220% from March 18th when the token was valued at $0.267.<\/p>\n<p>Next up, the analyst <a href=\"https:\/\/x.com\/AltcoinSherpa\/status\/1912134886325944666\" rel=\"noopener\" target=\"_blank\">says<\/a> that Popcat (<a href=\"https:\/\/dailyhodl.com\/currencies\/popcat\/\" rel=\"noopener\" target=\"_blank\">POPCAT<\/a>), another SOL-based memecoin, may continue declining until hitting the Fibonacci retracement level around $0.23 before reversing course and skyrocketing.<\/p>\n<p><em>\u201cPOPCAT hoping to grab an entry at the $0.23 region, let\u2019s see if it comes. Might scalp before then though.\u201d<\/em><\/p>\n<figure style=\"width: 1199px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GolEiTiXQAAC98T?format=png&amp;name=medium\" alt=\"Image\" width=\"1199\" height=\"671\"\/><figcaption class=\"wp-caption-text\">Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n<p>Popcat is trading for $0.24 at time of writing, down 6.9% in the last 24 hours.<\/p>\n<p><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt;\"><em>Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A closely followed crypto analyst believes one Solana (SOL)-based meme token is gearing up for further swings to the upside. Pseudonymous trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) will likely break through the $1 resistance level after putting up massive gains in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":186734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[2236,46206,10954,27640,11029,888,14738,5491,1820,39258,11640,23343,21029,7657,14895,11048,11086],"dealstore":[],"offerexpiration":[],"class_list":["post-186733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-air","tag-altcoin-sherpa","tag-crypto","tag-fartcoin","tag-higher","tag-hot","tag-memecoin","tag-month","tag-news","tag-popcat","tag-primed","tag-rises","tag-sol","tag-solana","tag-solanabased","tag-trader","tag-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u2018Hot Air Rises\u2019: Crypto Trader Says Solana-Based Memecoin That\u2019s Up 220%+ in a Month Primed To Go Much Higher - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=186733\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Hot Air Rises\u2019: Crypto Trader Says Solana-Based Memecoin That\u2019s Up 220%+ in a Month Primed To Go Much Higher - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A closely followed crypto analyst believes one Solana (SOL)-based meme token is gearing up for further swings to the upside. 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