Solana-based meme coin FARTCOIN is today’s top-performing asset, climbing almost 20% in the last 24 hours. The meme coin extended its gains after Coinbase added it to its listing roadmap on June 5.
Technical and on-chain data signal that market participants are pricing in a potential Coinbase listing, historically known to provide a short-term price boost for newly added assets.
FARTCOIN Builds Momentum With Coinbase Boost
Since Coinbase announced FARTCOIN’s inclusion in its listing roadmap, there has been a surge in trading activity around the meme coin. Technical readings show a marked increase in buy-side volume, hinting at the possibility of an extended rally.
For example, readings from the token’s Moving Average Convergence Divergence (MACD) indicator show that a golden cross has been formed. This bullish signal typically suggests growing upward momentum.
An asset’s MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines. The golden cross pattern emerges when the MACD line (blue) crosses above the signal line (orange), indicating a potential bullish shift in the market trend.
When the MACD line is above the signal line, it indicates bullish momentum, suggesting that the asset’s price may continue to rise. The successful formation of the golden cross will strengthen FARTCOIN’s rally and drive more gains as demand climbs.
Furthermore, the altcoin’s Relative Strength Index (RSI) lies above the 50-neutral line, showing an upward trend at press time. It is currently at 54.56, reflecting the demand for FARTCOIN.
The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.
FARTCOIN’s RSI reading highlights the growing demand for the altcoin, which could push it to new highs in the short term.
FARTCOIN Inches Closer to $1.46, But Profit-Taking Poses Risks
The meme coin trades at $1.25, inching closer to the resistance at $1.29. If demand strengthens and FARTCOIN flips this price level into a support floor, it could open the door to a rally toward $1.46.
However, if profit-taking commences, this bullish outlook will be invalidated. In that scenario, FARTCOIN could lose its recent gains and fall to $1.16.
The White House confirmed that 104% tariffs against China will go live at midnight tonight, much to the woe of the crypto market. After a brief recovery to $79,000, Bitcoin fell to $76,000 amid $300 million in total crypto liquidations.
There are a few points of optimism, as Bitcoin’s long positions rose to 54%. Tomorrow will be a critical day to follow; it may bring chaos to TradFi, but crypto could potentially weather the storm.
China is America’s largest trading partner, and these sweeping tariffs could devastate the markets. Crypto, however, has been especially devastated. Publicly listed crypto companies faced another day of harsh drops after the tariff confirmation, as MicroStrategy’s MSTR slumped over 11%.
Additionally, Coinbase, Robinhood, and publicly traded Bitcoin miners all approached a 5% drop.
Bitcoin might be in a particularly dangerous position. Although a recent report claimed that it has been one of the crypto sector’s most tariff-proof assets, its risk profile might be changing.
It dropped 2.6% today, approaching the $75,000 price mark as more than $300 million was liquidated from crypto. If Bitcoin falls below this point, it could trigger further price routs.
Bitcoin Long-Short Ratio Fuels Optimism
As this morning’s price gains clearly demonstrated, the market still has a lot of remaining optimism. This could help all of crypto withstand tariff threats, including Bitcoin.
Its long positions have surged to 54%, showing that most traders are betting on BTC to rebound back to a higher price point.
Traders Go Long on Bitcoin Despite Tariffs. Source: Coinglass
Ultimately, tomorrow will be a very critical day for tariffs, crypto, and TradFi markets as a whole. It’s probably too late to hold out hope that Trump will decide not to escalate with China.
However, it remains to be seen whether the crypto market will continue to co-relate with the stock market after the tariffs are live or at-risk assets will reverse course and hedge against potential inflation fears.
Paris Blockchain Week 2025, Europe’s flagship blockchain and Web3 event, wrapped up its sixth edition at the iconic Carrousel du Louvre, once again raising the bar for global industry gatherings. With over 9,600 attendees from 95 countries, including 67% C-suite executives, this year’s event underscored the growing influence of blockchain across the broader tech and financial sectors.
More than 500 speakers took the stage, including major names like Charles Hoskinson (IOHK), Monica Long (Ripple), Adam Back (Blockstream), and Clara Chappaz (France’s Minister Delegate for AI & Digital Affairs), reflecting the event’s global reach.
Spotlight: PSG × Matchain Side Event – A Landmark Moment in Sports & Web3
One of the standout moments of the week took place outside the main conference venue at the iconic Parc des Princes, where Paris Saint-Germain and Matchain hosted a special side event announcing the launch of their Joint Innovation Studio.
BeInCrypto joined as the official media partner for this exclusive gathering, which brought together sports executives, blockchain leaders, and technologists to explore the future of decentralized identity, fan engagement, and Web3 innovation in sports.
Petrix Barbosa, CEO of Matchain, announced the initiative and celebrated Matchain’s award for Innovation of the Year, spotlighting their pioneering work in tokenized identity solutions.
Pär Helgosson, Head of PSG Labs, emphasized PSG’s continued push to integrate Web3 technologies into fan experiences and digital strategy.
The atmosphere at the stadium matched the ambition of the project, merging cutting-edge blockchain use cases with the passion and scale of global sports. As media partner, BeInCrypto provided exclusive coverage, interviews, and behind-the-scenes insights from this milestone event.
Exclusive Interviews with Web3 Leaders at Paris Blockchain Week
Throughout the week, the BeInCrypto team conducted high-level interviews with thought leaders and executives shaping the future of blockchain:
Aimann Faizz, Head of Business Development at CoinGecko
Andrey Fedorov, Chief Marketing Officer and acting Chief Business Development Officer at STON.fi
Pierre Samaties, CEO of Dfinity Foundation
Alexis Yellow, Founder and Executive Chairman, Yellow
Robby Yung, CEO, Animoca Brands
Javier Rodriguez-Alarcon, COO, XBTO
David Prinçay, director, Binance France
Their insights touched on everything from decentralized finance and tokenized data to semantic identity and sports monetization via blockchain.
Industry Themes and Investor Highlights
A recurring message across the conference was the resilience of blockchain technologies amid economic uncertainty and regulatory transformation. Speakers like Charles Hoskinson and Monica Long emphasized blockchain’s foundational role in shaping future financial systems.
Regulatory spats between the USA and EU have sparked lively debates, with many nodding in agreement that MICA stands as a cornerstone for clearing up the crypto circus on one side of the Atlantic. Meanwhile, the tokenization of real-world assets has become the hot new trend on the block. Following the ETF bandwagon, it appears even the old-school financial giants are seeing tokenization as their golden ticket into the crypto world.
Meme coins, those oddballs of the crypto market, continue to hold their ground as a quirky yet surprisingly significant sector, even though the recent market dip has widened the rift between the staunchly “serious” Bitcoin advocates and the more colorful meme coin enthusiasts.
Beyond the buzz of tokenization, utility coins are tiptoeing back into the spotlight, though hitting a critical mass of users is proving to be a bit like herding cats – a major roadblock on their path to stardom.
As for the tech vanguards, security and scalability remain their pet peeves, with fresh solutions popping up left and right. The ongoing tug-of-war between achieving robust decentralization and actually making these solutions user-friendly continues to fuel fiery debates among the most tech-obsessed attendees at the event.
On the investor side, the “Start in Block” pitch competition attracted 1,000+ startups and 400+ investors, with €10 million in funding up for grabs. Meanwhile, side events like AgentX, Bitcoin Investors Day, and an exclusive VIP dinner under the Louvre Pyramid kept the conversations and deal-making going beyond the conference floor.
Global Coverage & Media Reach
With more than 400 journalists attending from top global outlets, media coverage of PBW 2025 reached unprecedented levels, reinforcing its role as a platform where narratives around innovation and regulation are actively shaped.
About Paris Blockchain Week
Held annually in Paris, PBW is one of the largest and most respected events in the blockchain calendar. The 2025 edition took place April 8–10 at Carrousel du Louvre, hosting over 400 speakers and creating more than 36,000 in-app meetings, making it a global epicenter for Web3 dialogue and partnerships.
The Solana-based meme coin FARTCOIN has emerged as an unlikely outperformer over the past month. The altcoin has defied the broader market troubles and surged by nearly 250% in the past 30 days.
However, buyer exhaustion could soon set in, potentially triggering a wave of profit-taking among FARTCOIN holders eager to lock in gains.
FARTCOIN Enters Overbought Zone
FARTCOIN’s triple-digit rally has pushed its price above the upper band of its Bollinger Bands (BB) indicator, a sign that the meme coin is overbought.
The BB indicator identifies overbought or oversold conditions and measures an asset’s price volatility. It consists of three lines: a simple moving average (middle band) and two bands (upper and lower) representing standard deviations above and below the moving average.
When the price breaks above the upper band, it means the asset’s current value is moving significantly away from its average, making it overbought and due for a price correction.
This pattern suggests that FARTCOIN’s current price level may not be sustainable, increasing the likelihood of a near-term pullback.
Moreover, readings from the token’s Relative Strength Index (RSI) confirm its nearly overbought status. At press time, this momentum indicator rests at 69.09.
The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.
At 69.09, FARTCOIN’s RSI signals that the meme coin is nearly overbought. Its upward momentum may be weakening, and a price correction could be near.
Will It Hit $1.16 or Slip Back to $0.37?
If the current momentum fades, FARTCOIN could face a short-term correction that causes it to shed some recent gains. In that scenario, the Solana-based asset could retest support at $0.74.
Should it fail to hold, the downtrend strengthens and could continue toward $0.37.
