Fartcoin's price has surged 27% in the last 24 hours following the announcement of its support by Chainlink.
Fartcoin on the Rise
Fartcoin's price increased by 27%, reaching $0.6663 midday. Trading volumes surged 46% to $248.49 million. This growth followed Chainlink's announcement, adding Fartcoin to its standard for verifiable data.
Fartcoin Price Predictions
Fartcoin's price hit $0.70 before dropping to a support level at $0.65. Despite the correction, technical indicators suggest a potential retest. Bollinger Bands have widened significantly, indicating high trading activity. The Relative Strength Index (RSI) initially moved into the overbought zone and now rests at a neutral level of 50.
An Alternative to Fartcoin
For those interested in other projects, Meme Index (MEMEX) is an option worth considering. It offers investment in meme coin baskets with different risk levels. Currently, in ICO, the project has raised over $3.56 million.
Fartcoin shows significant growth due to Chainlink integration, but the market remains volatile. For investment diversification, other projects like Meme Index can be considered.
