Trader Doubles Down on Solana Memecoin, Says Crypto Markets About To Save Underwater Positions

A closely followed crypto trader says he’s looking to scoop up more of a Solana (SOL)-based memecoin amid the market correction.

The pseudonymous analyst known as Altcoin Sherpa tells his 236,000 followers on the social media platform X that he’s got his eye on Fartcoin (FARTCOIN), a memecoin that was created by an anonymous developer referencing the “ideal memecoin” suggested by the artificial intelligence (AI) large language model Truth Terminal.

Altcoin Sherpa says he’s looking to accumulate FARTCOIN even if it drops to as low as $0.65.

“I’m filling a bit around $0.80ish, approaching my buys. Total buys = some at $1, more at $0.80, and I also moved some other buys to $0.65 in case they come. I want my average…

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