FARTCOIN Price Plummets as Terminal of Truths Dumps $25 Million
- Terminal of Truths sells $25M FARTCOIN using an OTC, triggering 13% price drop.
- Technical indicators weaken with BBTrend at 10 and ADX falling to 26.7.
- FARTCOIN targets range from support at $1.30 and $1.13 to potential $0.74 level.
FARTCOIN’s price is showing significant weakness after revelations about Terminal of Truths rocked the market. The coin has fallen 13% in the last 24 hours following a $25 million OTC sale by a suspected human operator.
While short-term EMAs remain above long-term averages, their downward trajectory points to a possible death cross that could push FARTCOIN below key support levels at $1.30 and $1.13, with $0.74 as the next major target.
FARTCOIN Tumbles as Terminal of Truths Operator Dumps $25 Million, AI Authenticity Questioned
FARTCOIN downward spiral began when rumors emerged about a suspected “Terminal of Truths” human operator who quietly cashed out $25 million through an over-the-counter transaction.
The selloff accelerated as traders reacted to what many saw as a betrayal of the project’s decentralized ethos, with some major holders rushing to exit their positions amid growing uncertainty. The revelation added fuel to existing doubts on X about Terminal of Truths’ claimed AI autonomy.
The platform had previously faced credibility issues when its bot made an uncharacteristic typing error months ago. With no technical means to verify if the system truly operates autonomously or is secretly guided by human hands, community members have become increasingly vocal about their skepticism.
The massive OTC sale combined with lingering questions about the Terminal of Truths authenticity has significantly damaged market confidence in the meme coin.
FARTCOIN Technical Indicators Signal Weakening Momentum
FARTCOIN BBTrend indicator has fallen sharply to 10, marking a dramatic decline from its 36.6 reading just two days prior. While the metric has maintained a positive streak for seven consecutive days, its back-to-back drops over the past 48 hours suggest mounting bearish pressure in the short term.
The Average Directional Index (ADX) reinforces this weakening trend, now sitting at 26.7 after reaching unprecedented levels.
The dramatic fall from its all-time high of 59 three days ago indicates a significant loss of directional strength, suggesting the recent strong trend may be losing steam and entering a potential consolidation phase or reversal.
FARTCOIN Price Prediction: Can It Fall Below $1?
The exponential moving average (EMA) configuration shows FARTCOIN short-term EMAs still holding above long-term lines, but their downward trajectory suggests an impending death cross.
A break below key support levels at $1.30 and $1.13 could accelerate the decline, potentially sending FARTCOIN price down to $0.74 as the next major support zone, making FARTCOIN lose its status as a top 10 biggest meme coin.
Despite the bearish setup, FARTCOIN price still has a chance to reverse course if it can weather the Terminal of Truths controversy.
A recovery move would face immediate resistance at $1.61, though significant buying pressure would be needed to overcome the current technical weakness and negative sentiment.
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