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Over the last three months, $FARTCOIN plunged from $1 to below $0.3. Most retail investors panicked and sold off heavily, while whales quietly accumulated with conviction.
$FARTCOIN has now unexpectedly rebounded nearly 100% in the final week of November. The key question is how long this recovery can last.
Whales Accumulate Over 230 Million $FARTCOIN as On-Chain Activity Surges
BeInCrypto data shows that $FARTCOIN surged from below $0.2 to $0.34 in the final week of November. From the monthly low of $0.18, the Solana meme coin nearly doubled.
This rally did not happen by chance. On-chain metrics reveal early signs of accumulation.
Nansen reports that the top 100 wallets of this Solana meme coin currently hold 689.62 million $FARTCOIN — almost 69% of the total supply. The figure has increased by more than 55% over the last 90 days.
From late August to the present, whale wallets have purchased over 230 million $FARTCOIN. Even during persistent price declines, whales continued to buy instead of sell. This behavior reflects a typical smart-money strategy: accumulate when fear is at its peak.
Solscan also records extremely strong trading activity throughout November. Token transfers reached a monthly high, with over 238,000 transfers executed in a single day, worth more than $92 million.
DEX volume also soared — both buy and sell volume surged sharply, especially during the final week of November.
These metrics indicate that liquidity has returned to $FARTCOIN even at low prices. Real buying demand appears to be waiting aggressively at current levels.
Another supportive factor comes from Solana’s broader market sentiment. $SOL ETFs have recorded 21 consecutive days of positive inflow. When holders prefer not to sell $SOL but still seek returns, they often rotate into high-liquidity meme coins within the ecosystem, and $FARTCOIN is among the top beneficiaries.
On-chain signals indicate a consistent trend: whales and smart money are accumulating heavily below $1. Technical analysts also expect a trend reversal if $FARTCOIN breaks out of the descending wedge pattern that has persisted since July.
“The most recent memory many people have of $FARTCOIN is how it relentlessly dumped from $1.6 to $0.2 without seemingly catching a break. But many have forgotten that it tends to have its pumps in a similarly aggressive manner,” investor Unipcs said.
As one of the most liquid meme coins in the Solana ecosystem, $FARTCOIN is poised to gain significantly as long as sentiment surrounding $SOL remains positive.
However, the heavy concentration of supply in top wallets remains a risk. If whales choose to take profit, the price may face strong downward pressure.
The post $FARTCOIN Rebounds 100% After Crash — Are Whales Preparing the Next Big Move? appeared first on BeInCrypto.