Technical analysis by NickTudormore about Symbol FARTCOIN on 2/5/2025
NickTudormore
Long $FARTCOIN

This is strictly for degenerates. I feel solana tokens are only worth the cumulative trading fees collected within locked and burned liquidity pools. They do have a fundamental value relative their value in solana. As far as what their value in dollars is... well that's probably not far from zero. That's a whole other discussion. This trade is not that. This trade is based on one thing... Hot air rises. Feel free to ignore this, or bash me all you want. I have purchased a small (for my net worth) amount of FARTCOIN and pooled it with Solana and USDC in multiple pools to collect trading fees and hopefully I come out with more Solana and USDC than I just pooled. My LP position is not locked. I will pull my LP when I feel like it. That's my position.I've more or less closed this. After adding in the 0.20 range, I made about 5x. I pulled most of it and am just holding a small amount right now for the lolz.