The cryptocurrency market rose for the second week in a row, with meme coins and decentralized finance-based tokens powering the surge.
What happened: Solana (CRYPTO: SOL)-based Fartcoin topped the gainers list with an astounding 83% rally over the previous week.
The unconventional meme token hit a 5-week high of $0.56 on Sunday, blasting past the $550 million market capitalization.
That said, the rally might not sustain itself for long. Influential cryptocurrency analyst Ali Martinez spotted a sell signal for the coin on the TD Sequential Indicator, indicating a potential pause or correction.
Full story available on Benzinga.com