The Solana AI meme coin ecosystem seems to have recovered in a stunning market reversal; FARTCOIN surged +80%, and AI16Z price signals recovery with Eliza’s updates.

FARTCOIN crypto rallied 80% in the past 24 hours, recovering from the 60% decline from the ATH reached at the beginning of January 2025. AI16Z shows signs of recovery, driven by updates to its AI platform, increased investor interest, and strong technical momentum.

With the Solana meme coin ecosystem seemingly recovering. How far can it go?

What Fueled FARTCOIN’s Massive Rally?

FARTCOIN’s recent rise is tied to its AI-powered narrative and viral appeal. Truth Terminal AI agent, which holds 20 million FARTCOIN tokens, became the “first crypto millionaire AI.”

A whale purchase of over $3 million worth of the token added to the momentum. Strong community support and distinctive branding also helped the token stand out in a competitive market.

A #fartcoin whale is buying $3m worth of #fartcoin pic.twitter.com/SmRpKp6Z8a

— Stalkchain (@StalkHQ) January 13, 2025

FARTCOIN Price Action: Hot Air Rises?

(FARTCOINUSDT)

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market cap jumped from $650 million to $1.16 billion before returning slightly to its current price. The $1.16 billion level serves as immediate resistance, with the $1.26 billion level being the next hurdle.

A drop below the $1 billion level could lead to a retest of the $757 million or $426 million level. Volume spikes during price rallies suggest renewed interest.

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AI16Z Price Surge After Eliza Version 2 Updates

Shaw, the founder, revealed details about the upcoming update to the Eliza AI operating system, highlighting features such as full autonomy, unified wallet abstraction for streamlined asset management, and an advanced plugin registry for diverse integrations.

(AI16ZUSDT)

Ai16z

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currently sits at $1.3189, and the asset appears to be recovering after a strong pullback from its previous ATH at $2.4282. This level now represents a significant resistance point, and the price will likely face challenges as it approaches this area again. A closer resistance level lies at $1.7298, which aligns with the breakdown point of the recent downtrend.

The area around 0.9310 has shown strong support. The price movements since then suggest a stable base is forming. If this support remains intact, it could provide a further platform for the price to rise.

The 100-period moving average (MA), currently at 1.6544, is another key monitoring level. Acting as dynamic resistance, it encapsulates the broader trend. The price’s ability to reclaim and sustain above this level will be an important indicator of bullish strength. Until then, it may act as a ceiling, limiting upward progress.

Recent price increases have been accompanied by heightened buying activity. The Relative Strength Index (RSI), which hovers around 55.67, is in a neutral-to-bullish zone.

The short-term outlook points to a recovery if the price breaks above $1.5000, a key psychological and consolidation level. The next targets include the 100-MA at $1.65 and resistance at $1.73, with the potential to reach $2.0 or the previous ATH.

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The post AI Meta Is Recovering – AI16Z And Fartcoin Up 33% and Over 60% Respectively appeared first on 99Bitcoins.