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.
SponsoredWhales 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.
SponsoredDEX 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.