Fartcoin saw a steep 30% weekly decline, dropping to $0.94 on August 3, 2025.
The downturn began after a large whale wallet, “24BLFj,” sold 3 million tokens worth $3.65 million on July 29, sparking panic among retail traders. Just days later, $20.6 million in FARTCOIN positions were wiped out in a massive $25.8 million liquidation incident linked to Qwatio on July 31.
Market sentiment also weakened, with the global Fear & Greed Index falling from 64 (Greed) in early July to a neutral reading of 48. Despite the price slump, Fartcoin still recorded $105 million in daily volume on August 3, showing that retail traders remain active.
On the business front, competition in Solana’s memecoin launchpad scene intensified in July, with LetsBONK.fun seizing 78% of new launches, cutting into Pump.fun’s market share. Even so, Fartcoin remains one of Pump.fun’s top-performing tokens, generating $5 million in daily volume and boasting a fully diluted valuation of $989 million as of August 1.
Fartcoin has been listed on Coinbase Germany since July 9, but no additional major exchange listings have been announced. The token’s recent price drop highlights the volatility and fragility of meme coins, yet its consistent liquidity suggests traders are still betting on its long-term potential.
Whether Fartcoin can maintain its momentum amid changing launchpad dynamics on Solana will be a key question in the weeks ahead.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/market/fartcoin-plunges-30-in-a-week-but-trading-activity-remains-high/