FARTCOIN's recent decline is linked to a $25 million sale by Terminal of Truths, sparking doubts over its AI claims and damaging market confidence. The coin's price dropped by 13% as traders reacted to this perceived betrayal of decentralization.
Technical indicators, including the BBTrend and ADX, show weakening momentum, suggesting bearish pressure and potential further declines. Key supports at $1.30 and $1.13 could give way, targeting $0.74.
The revelation undermines faith in FARTCOIN, but a strong recovery may offset negativity if the controversy surrounding Terminal of Truths subsides.
