Traders Losing Their Minds Over Fartcoin, Floki, and SHIB—and Here’s Why 😂

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If ever you needed proof that modern civilization has truly flourished, look no further than the contemporary pastime of trading meme coins with names straight out of a twelve-year-old’s notebook. The latest dispatches from CryptoLand suggest that Floki is still grinning, Fartcoin is having a gaseous emergency on aisle four, and Shiba Inu (SHIB) is showing all the excitement of an overcooked noodle.

What’s fueling this glorious circus? Well, a cocktail of amateur excitement, gleeful whales doing as whales do (probably with monocles), and each coin’s own attempt at ecosystem “growth.” Of course, all this opera plays out on a stage where most altcoins can barely muster an understudy. Honestly, it’s peer-reviewed theater at this point.

Let’s fart—er, start—with Fartcoin (FARTCOIN). As of now, it’s sitting snugly at $1.08, down a robust (read: embarrassing) 8% in a day. But wait! Its trading volume rocketed up by 78% to $247 million, suggesting that either people are accumulating like it’s Black Friday or distributing like fruitcake after Christmas. The technical drama unfolds as FARTCOIN dances toward its mid-band support of $1.06, having bounced off the upper Bollinger Band at $1.25. If it slips any lower, there’s a trapdoor at $0.88 waiting to swallow it. Meanwhile, the Relative Strength Index (RSI) decided it was tired and stopped just below 50. In other words: a coin doing its best impression of indecision.

“But increased trading!” you say, squinting hopefully at your monitor. Alas, that volume is looking a bit like people heading for the exits. The price is stuck in a weekly range, yo-yoing between $1.01 and $1.26, while traders stand around like people at a bus stop wondering if the bus is coming or if it’s just another mirage.

Turn the page, and here’s Floki (FLOKI), which is sitting at $0.00008439. That number is absurd, but so is the market—up 15% this week, down 0.3% today, and basically proof that decimals are humanity’s most terrifying invention. Despite a staggering 46% drop in trading volume, Floki is popular with the whales (who, let’s face it, might just be dolphins with delusions of grandeur) and hyped on social media. Santiment data shows that Floki’s social stats are the highest they’ve been since March—so apparently we’re minutes from global FOMO. Exchange balances are at a billion-trillion number that means people are HODLing rather than bailing.

Technically, Floki is almost cuddling the upper Bollinger Band and standing atop its 10-day and 20-day moving averages like a prize pig. A breakout above $0.0000852 and, who knows, the resistance at $0.00009 might start to look nervous. The RSI is 56, which means things are moderately exciting but not quite a meme-caused stampede. 🐕

Bringing up the rear (so to speak) is Shiba Inu (SHIB), trading at $0.00001178—down 0.2%, basically napping. The coin has drifted between $0.00001115 and $0.00001212 all week, with hardly a pulse on the monitor. Volume is down 15.5% to only $119 million, which is still more exciting than my last birthday party.

Yes, SHIB is struggling valiantly to overtake its 50-day moving average and mid-Bollinger Band, both lounging around $0.00001150 like speed bumps. RSI is at 49, placing SHIB squarely in the “Can’t be bothered” part of the spectrum. The support zone at $0.00001085–0.00001100 beckons quietly in case SHIB tumbles further. Meanwhile, as far as making holders rich goes, SHIB is lagging so far behind Dogecoin and Floki that even the tortoise is getting smug.

So there it is—the glorious meme coin ecosystem: wild, ridiculous, and possibly the finest testament to human optimism since people started buying pet rocks. All that’s left is to grab your popcorn, watch those charts, and wonder if your grandchildren will ever believe this was real. 🤷

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2025-07-08 12:35