Neither SHIB nor PEPE: This is the memecoin that could reach $2 in July, according to experts.

An institutional wallet just invested $9 million in Fartcoin, pushing experts' price projections to $2 or more. Are we looking at July's most promising memecoin? Here are the key facts.

A newly funded wallet deposited $9 million in USDC on the HyperLiquid protocol for acquire Fartcoin and the HYPE token, a native part of the protocol, using TWAP orders, a strategy that spreads purchases over time to avoid sudden movements in asset prices. This type of transaction is common among institutional players seeking to position themselves without disrupting the market, and in this case, it has raised alarm bells among analysts and traders regarding Fartcoin, which could be on the cusp of a bullish breakout.

This recent accumulation contrasts with previous movements, when several whales liquidated nearly $6 million in Fartcoin to rotate into the PUMP token. That outflow raised doubts about the token's stability, but the subsequent buyback suggests a change in sentiment. 

The return of institutional capital has revived the bullish momentum for Fartcoin and brought attention back to the memecoin, which, until recently, seemed to have lost traction.

Fartcoin heading for $2?

The recent positive momentum that Fartcoin has experienced has caught the attention of prominent analysts such as Maison Ghost, who, from his account on X, shared an optimistic projection: this memecoin could reach $2 in just one week. 

Ghost, recognized for its algorithmic prediction methods, bases this expectation in a “clean technical setup” endorsed by TrendSpider and other independent experts.

Technical signals include bullish candlestick patterns suggesting the price could even surpass $2,20, while specialized forums are speculating about an all-time high of up to $2,75. Although these figures have yet to materialize, the trading community agrees that Fartcoin is in an accumulation phase that could culminate in a significant breakout.

At present, the token is around $1,63, remaining near its peak after a 3% rise in the last 24 hours and a 27% rise in the last week. Trading volume has exceeded $380 million daily, and derivatives activity represents 65% of its market capitalization, indicating an environment of intense speculation but also increasing liquidity.

For experts, this scenario reflects growing interest among investors and users in a currency that, although volatile like all memecoins, is showing technical and fundamental signs that could make it an asset to watch in the short and medium term.

What's behind the rise of Fartcoin?

The Fartcoin narrative has been amplified by influencers and retail traders who insist that the token “hasn’t started pumping yet.” This perception has been reinforced by on-chain metricsFor example, over the past few weeks, the number of daily active users has shown steady growth, a sign that interest is not merely fleeting or speculative. With over 446.000 unique wallets registered, there is a solid group of people truly committed to the project. 

Furthermore, a significant boost came with the recent incorporation of Fartcoin on a European platform, a step that could open the door to new markets and accelerate its global adoption. This strategic move shows how the project is beginning to transcend its origins, seeking to consolidate itself in the crypto ecosystem with a more mature offering and real potential.

What is the Fartcoin memecoin?

Fartcoin is a memecoin built on the Solana blockchain that defines itself as "conscious financial flatulence." While its grotesque aesthetic and provocative name might suggest a passing joke, the token has managed to position itself as one of the most liquid assets in the memecoin ecosystem.

Its main use lies in the gamification of speculation: Fartcoin functions as a social thermometer for risk appetite and has been integrated into trading bots that allow automated trading from Telegram. This feature has attracted users seeking speed, transparency, and protection against scams.

Furthermore, Fartcoin has been mentioned in discussions about crypto payments and decentralized payroll, which could open up potential applications beyond financial humor.

Its explosive growth since 2024, with value increases exceeding the 3.200.000% in one year and a market capitalization exceeding $1.600 billion, reflects how Fartcoin has positioned itself in a competitive market, capturing the attention of both traders and developers looking to build on Solana.

However, despite the favorable environment, analysts recommend caution. Memecoins are known for their extreme volatility., and while Fartcoin is showing signs of institutional accumulation and retail enthusiasm, there's no guarantee it will reach $2. The price could decline if sentiment shifts or if there's a new rotation into other digital assets.

Thus, although Fartcoin is emerging as one of the most promising memecoins of July, its rise will depend on sustained social momentum and the influx of fresh capital. However, for those closely following the crypto universe, this could be the token to watch in the coming weeks.

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.