Altcoin and Memecoin Holders Ride The Same Rollercoaster As $FARTCOIN Faces Turbulence

Altcoin and memecoin enthusiasts continue to navigate the volatile market together, with the latest example being $FARTCOIN’s dramatic rise and fall.  

A prominent whale, operating under the alias sbfonchain.sol, made a bold move between December 19 and 20, investing $3.63 million to acquire 3.25 million $FARTCOIN tokens. The purchase was made at an average price of $1.1162 per token.

However, this hefty investment has since encountered significant challenges, with the position now suffering a floating loss of $1.224 million. The token’s value has dropped to $0.7312, representing a steep decline of 34.5%.

Altcoin and Memecoin holders are now sharing the same ups and downs .
The whale sbfonchain.sol recently invested $3.63 million to purchase 3.25 million $FARTCOIN between December 19 and 20. However, the investment is currently facing a floating loss of $1.224 million, pic.twitter.com/wBH7BimUh1

— EyeOnChain