The meme coin sector, often dismissed for its volatility and hype-driven nature, is once again catching the attention of traders.
Analyst Altcoin Sherpa has highlighted two lesser-known tokens—Fartcoin (FART) and Moodeng (MOODENG)—which may be on the verge of notable price moves.
Fartcoin, despite its comedic branding, has shown a consistent pattern of “weird deviations” below the range low, followed by strong recoveries. According to Sherpa, these dips below support have historically preceded upside surges, hinting that another rally might be imminent. “Hot air rises,” he quipped, underscoring the token’s meme-driven narrative and price behavior.
Meanwhile, Moodeng is at a more uncertain but potentially explosive technical point. Sherpa described it as being at an “interesting spot,” where it has reached a lower high but still holds potential. He noted that while small-cap meme coins often fade after a pump, Moodeng has shown signs that it could push further—if it can break above recent highs with conviction.
At the same time, he cautioned that the $0.30s could be a strong shorting zone, especially for scalpers looking for quick trades.
These observations reflect the unpredictable but captivating nature of meme coins. As traders look for volatility and quick moves, coins like Fartcoin and Moodeng could deliver, albeit with high risk.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/meme-coins-back-on-the-radar-fartcoin-and-moodeng-show-signs-of-life/