Fartcoin’s Market Performance Ahead of Coinbase Listing
Fartcoin (FARTCOIN), a Solana-based meme token, remained under pressure despite a brief rebound ahead of its Coinbase listing. As of June 12, 2025, the token trades at $1.41, gaining 10% in the last 24 hours but still down 46% from its January peak of $2.61. However, broader sentiment around meme coins remains muted, with the sector trading roughly 50% below previous cycle highs.
Coinbase announced plans to enable FARTCOIN-USD trading on June 12 at 12 p.m. ET, contingent on sufficient liquidity. The listing applies to both the Coinbase retail platform and Coinbase Exchange. While the move is expected to increase accessibility and improve market depth, investors remain cautious as most meme tokens have failed to sustain rallies following initial exchange listings in recent months.
Fartcoin’s listing comes at a time when Solana-based meme coins are seeing uneven performance, despite increased on-chain activity and seasonal altcoin rotation. The absence of clear utility and overreliance on speculative flows has raised questions about the long-term viability of such assets.
Analysts Flag Breakout Potential After Coinbase Cue
Fartcoin’s price action attracted renewed attention following its June 12 listing on Coinbase, a move traders on X describe as a possible inflection point. The listing, set to enable spot trading for the Solana-based meme coin on a tier-one U.S. exchange, has intensified speculation over near-term upside.
Multiple analysts have pointed to bullish technical setups. An analyst, RookieXBT, highlighted Fartcoin’s breakout above a descending trendline, followed by a reclaim of the $1.30 level and a test of resistance near $1.44. MacroCRG added that the timing aligns with a potential top in Bitcoin dominance and the onset of altcoin rotation—creating conditions for meme tokens like Fartcoin to outperform.
OnchainLens flagged rising holder activity and wallet distribution concentration as factors that may limit downside while fueling volatility. As of June 12, on-chain data shows 135,654 holders.
Another trader acknowledged the token’s retail appeal and Coinbase’s attempt to counter Robinhood’s meme coin dominance but warned that tier-one listings often result in profit-taking. For now, technicals and liquidity cues support a short-term bullish bias.
But Resistance Levels Cap Fartcoin Price Action
Fartcoin (FARTCOIN) showed early signs of bullish continuation, but key resistance levels capped upside progress. The token recently reclaimed the 20-day EMA and is attempting to hold gains above the 0.382 Fibonacci level near $1.15. Immediate support lies at this $1.15 region, which coincides with the 50-day (purple) EMA confluence and previous range lows.
A breakdown below would expose the next support near $0.89, which aligns with the 0.236 Fibonacci zone and historical demand.
On the upside, resistance remains clearly defined. The first hurdle stands near $1.60, where the price previously failed to close above on multiple attempts. A successful close above this zone would open the path toward the next major resistance near $1.93. The Relative Strength Index (RSI) is currently neutral at 56, indicating the potential for additional upside before entering overbought territory.
Fartcoin’s recent breakout is supported by momentum, but confirmation will depend on whether the token can sustain its structure above the $1.15 support base while building toward a retest of $1.60. Until price decisively clears this threshold, the recovery remains vulnerable to rejection. For now, the token trades in a tightening range, with clearly defined inflection zones on either side.
As such, despite the social media hype and Coinbase listing, it seems that $2 is still far away for the meme coin.