Butthole Coin ($BUTTHOLE) was one of the the most talked about cryptocurrencies in the last 24 hours. After an increase of 1,500% since its launch on December 30, Butthole Coin Price currently sits at $0.10 on a market cap of $98 million.
Can Butthole Coin reflect its competitor’s returns, Farcoinand go up to $1?
Asshole Information
Market capitalization | $95,421,616 |
Teleprinter | $HOLE OF THE WORLD |
24 hour trading flight | $50,509,680 |
Total offer | 999 991 959 |
Circulating supply | 999 991 959 |
Category | Memecoin |
Competitor | Farcoin |
Ecosystem | Solana |
Community Strength | Strong |
Presence on social networks | Strong |
Butthole Coin Technical Analysis
Fartcoin’s 10,000% gain from October 2024 left many people in shock. The token is within the support level of an ascending wedge, which indicates that a run to $2.5 is possible if the $1.15 support level holds. If it fails to hold, the $0.6 support level will be the Bulls’ buyback zone.
Butthole’s premise is to compete with Fartcoin, and although its chart is still new, there is the possibility of a strong rise.
On the 1H time frame, $BUTTHOLE shows a strong rebound from its support level of $0.06. Strong chatter on social media and an RSI of 53 could indicate that a rise is very likely.
The market cap of Butthole Coin is $95 million, and a rise up to $1 will indicate that the market cap will be around $970 million. This still corresponds to Fartcoin’s market cap of $1.2 billion at a price of $1.22.
Will Butthole Coin reach $1?
As most of its existence has been built around Fartcoin, most social media predictions regarding the price of Butthole coin depend on Fartcoin’s performance.
Popular crypto commentator Altcoin Gordon believes that Butthole Coin has more potential than Fartcoin and could surpass Fartcoin’s valuation of $1.3 billion.
Another Web 3 commentator, @Kinstrata, believes that a $1 billion market cap for Butthole Coin is inevitable. This will leave the token over $1.
The 2025 meme coin craze is alive and well, and while $Butthole can climb as high as $1, the possibility of it hitting zero is also true. Butthole Coin is purely speculative and should be treated as such.
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