The new DeepSeek R1 model from China launched last week. If you’re into AI or even into technology more broadly, it was hard to miss the news. Everyone was talking about it. But it’s not just that. It’s the way everyone was talking about it. I was left with the impression that DeepSeek is going to drive a stake through the heart of OpenAI and Anthropic.
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Retard Finder Coin Posts 140% Jump Amid Musk Tie-Up Rumors | Meme Coins To Watch Today
The crypto market is facing massive volatility today, and amid this noise, some meme coins are able to pick up pace on recovery. One such coin is said to have ties with Tesla founder and US Department of Government Efficiency (DOGE) head Elon Musk.
BeInCrypto has analyzed two other meme coins for investors to watch and note which direction they are taking.
Retard Finder Coin (RFC)
- Launch Date – March 2025
- Total Circulating Supply – 961.43 Million RFC
- Maximum Supply – 1 Billion RFC
- Fully Diluted Valuation (FDV) – $39.83 Million
RFC price surged by 141% over the past 24 hours, continuing its uptrend this week. The meme coin gained attention after Elon Musk’s interactions with its official X (formerly Twitter) page. This triggered a speculative surge in interest, helping RFC capitalize on the increased attention and rising market sentiment.
Musk’s indirect association with Retard Finder Coin has sparked speculation, although no direct evidence confirms his involvement. Despite this uncertainty, RFC’s price has risen to $0.040. If the speculation continues, the altcoin could see further gains, potentially reaching the $0.050 resistance level in the short term.
Despite its recent rise, RFC remains a meme coin with inherent volatility. The altcoin faces the risk of rapid selling by investors, which could lead to a quick price pullback. If this occurs, RFC might fall to $0.030 or even $0.020, making it crucial for investors to approach with caution.
Fartcoin (FARTCOIN)
- Launch Date – October 2024
- Total Circulating Supply – 999.99 Million FARTCOIN
- Maximum Supply – 1 Billion FARTCOIN
- Fully Diluted Valuation (FDV) – $588.26 Million
FARTCOIN saw a 32% rise in the last 24 hours, trading at $0.591. The meme coin is now nearing the resistance level of $0.600. If this momentum continues, FARTCOIN could break through this barrier and continue its upward movement, heading toward new highs in the coming sessions.
In the past, the $0.600 resistance has halted FARTCOIN’s rally, preventing further price gains. However, if the current bullish trend persists, FARTCOIN could overcome this barrier and rise toward $0.693. This level marks the next target for the altcoin, supported by positive market sentiment and strong investor interest.
If the resistance level proves too strong, FARTCOIN may experience a pullback. A failure to breach $0.600 could lead to a decline back to $0.417 or even lower, erasing recent gains. This scenario would invalidate the bullish outlook and extend the downtrend if selling pressure intensifies.
Mog Coin (MOG)
- Launch Date – July 2023
- Total Circulating Supply – 390.5 Trillion MOG
- Maximum Supply – 420 Trillion MOG
- Fully Diluted Valuation (FDV) – $135.64 Million
MOG price surged by 25% in the last 24 hours, providing relief after a steep 50% decline during March’s end. This recovery signals the potential for further growth as the meme coin attempts to regain momentum and distance itself from recent losses. The recent rise could lead to more positive movements.
At the time of writing, MOG is trading at $0.000000346, just below the key resistance level of $0.000000370. If it breaches this level, MOG could gain enough momentum to push toward $0.000000433. This breakthrough would mark a significant recovery and extend its upward trend further in the coming days.
However, if MOG fails to breach $0.000000370, the altcoin may experience a decline. The next major support lies at $0.000000273, and if this level is tested, it could wipe out recent gains. In such a scenario, the bullish outlook would be invalidated, signaling a continued struggle for the meme coin.
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Hulk Hogan’s Death Sparks Frenzy of Meme Coins and Scams
Hulk Hogan, professional wrestling legend, passed away yesterday, prompting a swarm of new meme coins and NFTs. Many of these HULK tokens quickly trended, but the largest coin proved to be a rug pull scam.
Last year, Hogan’s X (formerly Twitter) account was reportedly hacked to promote a fake meme coin. Since yesterday, this defunct token has also seen heightened activity.
Scammers Take Advantage of Hulk Hogan’s Popularity
The meme coin sector will take any opportunity to launch a hot new token, and legendary wrestler Hulk Hogan’s death is certainly no exception.
Yesterday, the famous figure passed away, prompting the immediate appearance of a “Hulk Hogan Tribute” token. Watchdogs quickly clocked HULK as a scam, but it nonetheless reached a $7 million market cap before flatlining.
As the immediate and complete market collapse suggests, Hulk Hogan Tribute was a classic rug pull scam. On social media, plenty of users openly admitted to running bot campaigns to promote HULK, aiming to pump the token as high as possible.
Real-life tragedies frequently become fodder for these scams, so this all seems pretty straightforward.
However, this scam is not the only Web3 asset with Hulk Hogan’s branding to take off today. For example, traders also released NFT collections in his honor, and a variety of meme coins are currently live in the DEX ecosystem.
None, however, took off like Hulk Hogan Tribute and its social media bot campaigns.
Interestingly, Hogan’s own X account was hacked last year to promote a scam token. Hogan’s team quickly regained control and deleted the posts, and the “Hulkamania” HULK token underwent a similar rug pull.
Today, however, traders resurrected the token, enjoying one last boost of activity after the wrestler’s death.
As the chart shows, this HULK token also collapsed, but its activity is very different from the rug pull scam. Ironically, last year’s rug pull proved significantly more honest than an asset that launched less than 24 hours ago.
Sure, it only reached one-seventh of the market cap, but its slower decline and dead cat bounces left several opportunities for profit-taking.
On several occasions, retail investors have continued trading meme coins even after the initial project turned out to be fraudulent. Evidently, Hulk Hogan’s death also prompted this activity in addition to outright rug pull scams.
There’s a possible lesson here regarding the meme coin market. It can be difficult or impossible to warn investors about manufactured hype bubbles, but authentic community enthusiasm does exist.
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Bitcoin (BTC) Approaches Euphoria Zone With 85% of Supply in Profit
Bitcoin’s supply in profit has continued to rise steadily despite recent setbacks and persistent market headwinds.
On-chain data shows that over 85% of BTC’s circulating supply is currently in profit. This is a historically bullish signal but often marks the beginning of euphoric phases in market cycles.
BTC Enters Bullish Territory, but Analysts Warn of Possible Pullback
BTC’s supply in profit measures the percentage of coin holders who acquired their assets at prices lower than the current market value. When this number rises, it indicates broad investor confidence and strong capital inflows into the asset.
In a new report, pseudonymous CryptoQuant analyst Darkfost found that more than 85% of BTC’s circulating supply is currently held in profit. Although this trend represents a bullish signal, it comes with a catch.
“Having a large portion of the supply in profit is not a bad thing, quite the opposite. Of course, there are certain levels that are more “comfortable” than others, but generally, an increase in the supply in profit tends to fuel bullish phases,” Darkfost wrote.
According to the analyst’s note, the market is now entering the euphoric zone, a phase that emerges when the profit supply approaches or exceeds 90%. These levels, while bullish, have often coincided with local market tops as traders begin to lock in profits, triggering short- to medium-term corrections.
“Historically, when the supply in profit surpassed the 90% threshold, it consistently triggered euphoric phases, and we are now approaching that level. However, these euphoric phases can be short-lived and are often followed by short- to medium-term corrections.”
Funding Rate Signals Market in Wait-and-See Mode
Interestingly, BTC’s funding rate remains relatively balanced, indicating that the market is in a state of anticipation. At press time, the coin’s funding rate is 0%.
The funding rate is a periodic payment between traders in perpetual futures markets, used to keep contract prices aligned with the spot market. As with BTC, when an asset’s funding rate is 0%, it indicates a neutral market sentiment, where neither long nor short positions dominate.
This signals that BTC investors are waiting for a catalyst to provide clearer direction. This neutral market sentiment and rising profit supply set the stage for potential price volatility in the near term.
Bitcoin Holds Firm Below Resistance
At press time, the king coin trades at $95,125, resting below a major resistance level of $95,971. Despite recent market volatility, BTC demand among spot market participants remains significant, as reflected by its Relative Strength Index (RSI), which currently stands at 68.21.
The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 suggesting that the asset is overbought and due for a price decline. Converesly, values under 30 indicate that the asset is oversold and may witness a rebound.
BTC’s RSI reading indicates room for further price growth before the coin becomes overbought. If demand strengthens, the coin could break above the $95,971 resistance and rally to $98,983.
However, if bearish sentiment grows, BTC could resume its downtrend and fall to $91,851.
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