Fartcoin (CRYPTO: FARTCOIN) is outperforming legacy meme coins Dogecoin and Shiba Inu with a 14% daily gain, fueling bullish predictions from traders who now anticipate a run toward the $2 mark.

Trader Notes: Prominent trader Unipcs noted that despite premature calls for a top around the Coinbase listing, Fartcoin has rallied 30% since.

He argues traditional signals like PnL updates or listing announcements are less relevant compared to momentum and broader market conditions.

Fartcoin, he says, now commands top-tier meme coin mindshare, is preparing to debut on the largest U.S. retail exchange and isn’t currently a consensus trade on Crypto Twitter.

This creates a setup where underexposed or short traders may be forced to chase, leading to an aggressively bullish move.

Altcoin Sherpa projects a $2 price target, while Posty expects a pullback to $1.18 before the token pushes to $1.35.

Crypto trader RookieXBT believes Fartcoin has a "insane setup brewing" and highlighted Coinbase listed spot trading before any other Tier 1 exchange.

Statistics: Coinglass data shows Fartcoin short liquidations in the past 24 hours at $5.01 million, implying short traders were forced to close their position with the meme coin's price rally.

Open interest and derivatives trading volume rallied 11.7% and 31% respectively, signaling rising speculative activity.  

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