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Home»Analysis»26% useless gatherings in 24 hours
Analysis

26% useless gatherings in 24 hours

By June 18, 2025No Comments4 Mins Read0 Views
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Meme coins flood market: fuel speculator for launchpads
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The meme coin is having a tough day just like any other crypto token as the entire market is suffering from the effects of the Israeli-Iran conflict. With tensions rising all over the world, it’s hard to notice the profits, but somehow the useless coin managed to do so.

Beincrypto has analyzed two other meme coins that are not useful for investors to see even when the market is declining.

A stocky penguin (penguin)

Release date – December 2024 Total circulation supply – Maximum supply of 62.86 billion pens – 88.88 billion pens, complete dilution rating (FDV) – $698.39 million contract address – 2ZMMHHCVQEXDTDE6VSFS7S7S7D5OOODFJHE8VD1GNBOUAVOVOVOVOVOVOVOVOVOV

Pengu is facing a 10.8% decline today, but continues to surpass the key support level of $0.0088. This level has consistently prevented further declines from the beginning of the month, making it an important point for traders to watch.

The one-sided cloud shows strong bullish momentum for memecoin, suggesting potential bounces from the $0.0088 support level. If Pengu successfully violates a $0.0100 flip, supporting $0.0100, it could cause recovery and pave the way for further price increases.

Pengu price analysis. Source: TradingView

However, if there is significant sales pressure, Penga could fall below the $0.0088 support, potentially dropping to $0.0071. If this occurs, Altcoin is vulnerable to further reductions and the bullish outlook is invalidated.

fartcoin (fartcoin)

Release date – October 2024 Total circulation supply – 999.999 million Fartcoin Maximum supply – 1 billion Fartcoin Full Dilution Evaluation (FDV) – $113 billion Contract Address – 9BB6NFECJBCTNNNLFKO2FFQVQBQ8HHM13KCYYCDQBGPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPPUPP

Fartcoin is trading at $1.07, down 9.2% over the past 24 hours. Memecoin is approaching a critical $1.00 support level. This decline reflects a similar pattern observed in other meme coins, causing further concern about the downsides if bear pressure continues.

Despite losing 50 days of EMA support, Fartcoin still finds support from 100 and 200 days of EMA. These levels help AltCoin reverse recent losses. If prices can regain momentum, Fartcoin can return to $1.20 and try to flip this level to new support.

Fartcoin price analysis.
Fartcoin price analysis. Source: TradingView

However, if bearish feelings are reinforced, Fartcoin could be reduced even further. A break below $1.00 is likely to push the price down to $0.91, negating Meme Coin’s bullish outlook. This scenario shows a longer-term bearish trend, potentially leading to significant losses for holders.

Small cap corner – useless (unused)

Release Date – March 2025 Total Circulating Supply – 999.994 Million Million Maximum Supply – 1 Billion Million Full Dilution Evaluation (FDV) – $88.03 Million Contract Address – DZ9MQ9NZKBCCSUGPFJ3R1BS4WGQKMHBPIVUNIW8MBONKMBONK

Despite its ironic name, useless (unused) has proven to be one of the most useful coins for its owner. Defying the bear market situation, it surged 26.6% in 24-hour useless hours and is currently trading at $0.0939. This impressive performance highlights Altcoin’s resilience amid the challenges of a wider market.

What’s useless recently reached $0.0980 for the second time since its launch. If the market situation remains favorable, the uselessness outweighs this ATH and can break the $0.1000 barrier. Continuous growth for Meme Coin is possible, and given strong market support and investor trust in its possibilities, it is possible.

Unusable price analysis.
Unusable price analysis. Source: TradingView

However, if investors decide to secure profits and sell their holdings, what is useless can face a sharp decline. Below the $0.0662 support could make AltCoin vulnerable to further losses and reduce the price to $0.0351. This negates bullish outlook and has a major impact on investors’ sentiment.

Disclaimer

In line with Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Although Beincrypto is committed to accurate and unbiased reporting, market conditions are subject to change without notice. Always carry out your research and consult with an expert before making any financial decisions. Please note that our terms and conditions, privacy policy and disclaimer have been updated.

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