Original Author: Frank, PANews
The MEME market seems to have heated up again. Since mid-March, Fartcoin began to rebound, rising by approximately 349% in about a month, with its total market value reaching close to $985 million at its peak. Meanwhile, the actions of whales on the chain have also attracted attention, with some whales spending millions of dollars investing in MEME tokens like Fartcoin and RFC, triggering rapid market value increases for these tokens.
Behind these movements, on April 11, the number of active addresses on the Solana chain once again broke through 5.1 million, approaching the peak level from January.
Is this small explosion in the MEME market a return of the MEME bull market or just a temporary return of speculative funds in a boring market? PANews conducted a data analysis of several large whale addresses for recently high-performing MEME coins, hoping to find some clues.
Fartcoin Analysis: Whales Entered in Mid-March, Average Cost Around $0.62
(The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.)Overall, the recent MEME trend on the Solana chain is not widespread but highly concentrated on a few specific tokens, with Fartcoin leading the way and attracting many new large investors who entered after mid-March. More notably, behind the two tokens RFC and DARK, which have highly similar trends, there are numerous overlapping large investor addresses, with their main buying time concentrated on April 13th and 14th, when both tokens experienced sharp increases. This strongly suggests possible coordinated operations or main force rotation. This rally seems not to be a purely spontaneous market behavior, but bears traces of an "artificial bull market", and whether this "artificial rainfall" can evolve into natural capital inflow remains to be seen.
