Close Menu
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
  • Home
  • News
    • Politics
    • Legal & Courts
    • Tech & Big Tech
    • Campus & Education
    • Media & Culture
    • Global Free Speech
  • Opinions
    • Debates
  • Video/Live
  • Community
  • Freedom Index
  • About
    • Mission
    • Contact
    • Support
Trending

Ex-SEC, Coinbase Staffer Becomes Securitize President

2 minutes ago

‘AI Should Advance Mankind, Not Destroy It’: Why Florida Is Taking Aim at OpenAI

7 minutes ago

Los Angeles Teen Blinded in One Eye by DHS Agent at ‘No Kings’ Rally, Attorney Says

40 minutes ago
Facebook X (Twitter) Instagram
Facebook X (Twitter) Discord Telegram
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
Market Data Newsletter
Thursday, April 9
  • Home
  • News
    • Politics
    • Legal & Courts
    • Tech & Big Tech
    • Campus & Education
    • Media & Culture
    • Global Free Speech
  • Opinions
    • Debates
  • Video/Live
  • Community
  • Freedom Index
  • About
    • Mission
    • Contact
    • Support
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
Home»Cryptocurrency & Free Speech Finance»Fartcoin Leads Altcoin Slump With Double-Digit Drop
Cryptocurrency & Free Speech Finance

Fartcoin Leads Altcoin Slump With Double-Digit Drop

News RoomBy News Room10 hours agoNo Comments3 Mins Read1,593 Views
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Fartcoin Leads Altcoin Slump With Double-Digit Drop
Share
Facebook Twitter Pinterest Email Copy Link

Listen to the article

0:00
0:00

Key Takeaways

Playback Speed

Select a Voice

In brief

  • Fartcoin plunged 28% from its weekly high, liquidating $51M in 24 hours.
  • The meme coin’s crash came after it surged 45% in two days to its peak Wednesday.
  • Hyperliquid recorded $84M in liquidations, topping centralized exchanges Binance and Bybit.

While Bitcoin hovers above $71,000, attempting to find a stable foothold, a subset of altcoins has tanked sharply, with Fartcoin leading the drop.

The meme coin is down 28% from its Thursday morning peak to around $0.178, according to CoinGecko data. A closer look at the week’s price action shows that Fartcoin surged from $0.166 on Tuesday to $0.247 yesterday, securing a 48% gain in under two days.

That sudden spike in buying pressure was followed by a V-reversal, liquidating $48 million in long positions and $3.7 million in shorts in the past 24 hours, according to CoinGlass. The liquidation event was the highest the meme coin witnessed since November 2025, underscoring the volatility. The 24-hour rolling window shows liquidation numbers hit $51 million, ranking third behind Bitcoin and Ethereum.

Enjin Coin experienced similar price action.

It rose abruptly from $0.020 on Wednesday to $0.0383, clocking an 86% gain. As a result, $3.8 million worth of positions were wiped out over 48 hours—the largest liquidation for the token since April 2025.

Most of these liquidations occurred on decentralized exchange Hyperliquid, which recorded $85 million in 24-hour liquidations, surpassing centralized exchanges like Binance, Bybit, and Gate.

“The recent intense volatility in altcoins is essentially the result of a combination of declining macro risk appetite and tightening on-chain liquidity,” Tim Sun, senior researcher at HashKey Group, told Decrypt.

Sun also noted that altcoins typically have shallow market depth and high concentration of holdings. During periods of liquidity contraction, market makers and short-term speculative capital are more inclined to profit by pumping prices and then distributing, which reinforces the pattern of sharp rises and falls.

Algorand, Bittensor, and World Liberty Financial, which were up big last week, are down between 5% and 9% over the past 24 hours, reflecting a narrative-driven capital rotation.

Looking ahead

All eyes are now on Bitcoin, which could make or break the current outlook.

The ceasefire between the U.S. and Iran remains fragile, with experts noting a lack of clarity on the Lebanon front as a contributing factor.

In a TruthSocial post Wednesday, U.S. President Donald Trump stated that, “All US ships, aircraft, and military personnel and anything else that is appropriate and necessary for the lethal prosecution and destruction of Iran, will remain in place in, and around, Iran, until such time as the real agreement is reached and fully complied with.”

“If for any reason it is not, which is highly unlikely, then the ‘Shootin’ Starts,’ bigger, and better, and stronger than anyone has ever seen before,” he added.

The breakdown has shifted sentiment on prediction market Myriad, owned by Decrypt’s parent company Dastan. Users now see a 66% chance that crude oil’s next move will be a pump to $120—down from 89% on Tuesday, when the ceasefire was announced.

Despite the uncertainty, Bitcoin has managed to hold above $70,000. It is trading around $71,100, down 0.5% over the past 24 hours according to CoinGecko data.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Read the full article here

Fact Checker

Verify the accuracy of this article using AI-powered analysis and real-time sources.

Get Your Fact Check Report

Enter your email to receive detailed fact-checking analysis

5 free reports remaining

Continue with Full Access

You've used your 5 free reports. Sign up for unlimited access!

Already have an account? Sign in here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
News Room
  • Website
  • Facebook
  • X (Twitter)
  • Instagram
  • LinkedIn

The FSNN News Room is the voice of our in-house journalists, editors, and researchers. We deliver timely, unbiased reporting at the crossroads of finance, cryptocurrency, and global politics, providing clear, fact-driven analysis free from agendas.

Related Articles

Cryptocurrency & Free Speech Finance

Ex-SEC, Coinbase Staffer Becomes Securitize President

2 minutes ago
Cryptocurrency & Free Speech Finance

‘AI Should Advance Mankind, Not Destroy It’: Why Florida Is Taking Aim at OpenAI

7 minutes ago
Media & Culture

Los Angeles Teen Blinded in One Eye by DHS Agent at ‘No Kings’ Rally, Attorney Says

40 minutes ago
Cryptocurrency & Free Speech Finance

Nakamoto (NAKA), Sharplink Gaming (SBET), and Stive (ASST) viewed positively at Cowen

1 hour ago
Cryptocurrency & Free Speech Finance

ETH Price Eyes $2.5K As Data Points To Undervalued Conditions

1 hour ago
Cryptocurrency & Free Speech Finance

OpenAI Plans Advanced Cybersecurity Product—With ‘Trusted Access’ Only

1 hour ago
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

‘AI Should Advance Mankind, Not Destroy It’: Why Florida Is Taking Aim at OpenAI

7 minutes ago

Los Angeles Teen Blinded in One Eye by DHS Agent at ‘No Kings’ Rally, Attorney Says

40 minutes ago

Nakamoto (NAKA), Sharplink Gaming (SBET), and Stive (ASST) viewed positively at Cowen

1 hour ago

ETH Price Eyes $2.5K As Data Points To Undervalued Conditions

1 hour ago
Latest Posts

OpenAI Plans Advanced Cybersecurity Product—With ‘Trusted Access’ Only

1 hour ago

Comparison Shopping Is Not a (Computer) Crime

2 hours ago

A Baseless Copyright Claim Against A Web Host — And Why It Failed

2 hours ago

Subscribe to News

Get the latest news and updates directly to your inbox.

At FSNN – Free Speech News Network, we deliver unfiltered reporting and in-depth analysis on the stories that matter most. From breaking headlines to global perspectives, our mission is to keep you informed, empowered, and connected.

FSNN.net is owned and operated by GlobalBoost Media
, an independent media organization dedicated to advancing transparency, free expression, and factual journalism across the digital landscape.

Facebook X (Twitter) Discord Telegram
Latest News

Ex-SEC, Coinbase Staffer Becomes Securitize President

2 minutes ago

‘AI Should Advance Mankind, Not Destroy It’: Why Florida Is Taking Aim at OpenAI

7 minutes ago

Los Angeles Teen Blinded in One Eye by DHS Agent at ‘No Kings’ Rally, Attorney Says

40 minutes ago

Subscribe to Updates

Get the latest news and updates directly to your inbox.

© 2026 GlobalBoost Media. All Rights Reserved.
  • Privacy Policy
  • Terms of Service
  • Our Authors
  • Contact

Type above and press Enter to search. Press Esc to cancel.

🍪

Cookies

We and our selected partners wish to use cookies to collect information about you for functional purposes and statistical marketing. You may not give us your consent for certain purposes by selecting an option and you can withdraw your consent at any time via the cookie icon.

Cookie Preferences

Manage Cookies

Cookies are small text that can be used by websites to make the user experience more efficient. The law states that we may store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies, we need your permission. This site uses various types of cookies. Some cookies are placed by third party services that appear on our pages.

Your permission applies to the following domains:

  • https://fsnn.net
Necessary
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
Statistic
Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Preferences
Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.