According to @AltcoinGordon, FARTCOIN is experiencing a significant price pump, and users holding $SHART on the Solana network are receiving additional FARTCOIN tokens as rewards. This airdrop mechanism increases the incentive to hold $SHART and may boost trading volume and liquidity for both tokens. Traders should monitor Solana meme coin trends and the impact of these reward distributions on short-term price volatility and potential arbitrage opportunities. Source: @AltcoinGordon on Twitter.

According to Lookonchain, three significant whale investors have recently acquired large amounts of Fartcoin. Specifically, the wallet CTRWQ3 invested 3.07 million USDC to purchase 3.36 million Fartcoin at the price of $1.09, indicating potential bullish sentiment. Similarly, Gti2oW and FUTwwa spent 1.48 million and 1.13 million USDC to buy 1.63 million and 1.26 million Fartcoin at prices of $1.1 and $1.15, respectively. These transactions suggest a growing interest among large investors, which could influence Fartcoin's market dynamics and liquidity. Traders might consider monitoring these wallets for future activity, as whale movements can often precede significant price changes.