币界网报道:Background information: The overall performance of the current cryptocurrency market is poor, with an overall decline of more than 2%, while the meme coin has fallen even more, nearly 7%, and its market value has dropped to US$56.15 billion. Main events: FARTCOIN's price rose by more than 14% driven by rumors of listing on Coinbase, and it has re-entered the $1 mark. Although it has not yet been officially launched on Coinbase, its entry into the Coinbase listing roadmap shows the possibility of being audited, which has stimulated market enthusiasm. The trading volume reached US$400 million, the open interest of derivatives increased by 18.83% to US$620 million, and a large number of short positions were liquidated. Core indicator analysis: In the fourth quarter of last year, FARTCOIN's price broke through US$2 due to the accumulation of whale investors, but the number of whale holding addresses has decreased, the inflow of new funds has stagnated, and market sentiment has split. Potential impact: If Coinbase is not officially listed, the current rise may be just speculation and there is a risk of callback. Whale support is the key to the continued rise of meme coins. Without continuous financial support, FARTCOIN may face price fluctuations and adjustments.