Solana’s AI meme coin ecosystem appears to have bounced back in a surprising market reversal; FARTCOIN is up 80% and AI16Z price signals recovery with Eliza updates.
FARTCOIN cryptocurrency has rallied 80% in the past 24 hours, recovering from a 60% decline from its high in early January 2025. AI16Z shows signs of recovery, led by updates to its AI platform, growing interest of investors and strong technical momentum.
With the Solana meme coin ecosystem seemingly on the upswing. How far can it go?
What Fueled FARTCOIN’s Massive Rally?
FARTCOIN’s recent rise is tied to its AI-driven narrative and viral appeal. Truth Terminal’s AI agent, who holds 20 million FARTCOIN tokens, has become the “first AI crypto millionaire.”
A whale token purchase worth more than $3 million contributed to the momentum. Strong community support and distinctive branding have also helped the token stand out in a competitive market.
A #fartcoin the whale is acquiring a value of 3 million dollars #fartcoin pic.twitter.com/SmRpKp6Z8a
— Stalkchain (@StalkHQ) January 13, 2025
FARTCOIN Price Action: Hot Air Rising?
(FARTCOINUSDT)
SVG path .cwp-coin-chart of FARTCOIN { stroke: ; stroke width: ; }
Price
Trading volume in 24 hours
Last price movement 7 days
the market capitalization jumped from $650 million to $1.16 billion before returning slightly to its current price. The $1.16 billion level serves as immediate resistance, with the $1.26 billion level being the next hurdle.
A drop below the $1 billion level could lead to a retest of the $757 million or $426 million level. Volume spikes during price rises suggest renewed interest.
EXPLORE: 10 High Yielding Coins: Cryptocurrency Predictions 2025
AI16Z price increase after Eliza version 2 updates
Shaw, the founder, revealed details about the upcoming Eliza AI OS update, highlighting features such as full autonomy, unified wallet abstraction for simplified asset management, and an advanced plugin registry for diverse integrations.
(AI16ZUSDT)
Ai16z .cwp-coin-chart SVG path {stroke:; stroke width: ; }
Price
Trading volume in 24 hours
Last price movement 7 days
it currently sits at $1.3189 and the asset appears to be recovering after a strong retreat from its previous high of $2.4282. This level now represents a significant resistance point, and the price will likely face challenges as it approaches this area again. A closer resistance level lies at $1.7298, in line with the breakout point of the recent downtrend.
The area around 0.9310 showed strong support. Price movements since then suggest a stable base is forming. If this support remains intact, it could provide an additional platform for the price to rise.
The 100-period moving average (MA), currently at 1.6544, is another key tracking level. Acting as dynamic resistance, it encapsulates the larger trend. The price’s ability to recover and hold above this level will be an important indicator of bullish strength. Until then, it may serve as a ceiling, limiting upward progress.
Recent price increases have been accompanied by intensified buying activity. The Relative Strength Index (RSI), which is hovering around 55.67, is in a neutral to bullish zone.
The near-term outlook points to a recovery if the price rises above $1.5000, a key psychological and consolidation level. Upcoming targets include the 100-MA at $1.65 and resistance at $1.73, with the potential to reach $2.0 or the previous ATH.
EXPLORE: Dogecoin and Trump Will Change the World in 2025: Best Crypto Presales for Smart Money in January?
Join the 99Bitcoins News Discord here for the latest market updates
The post AI Meta is recovering: AI16Z and Fartcoin grow by 33% and over 60% respectively appeared first on 99Bitcoins.