Fartcoin, a cryptocurrency often referenced with the phrase "hot air rises," has shown notable momentum in July 2025. Technical analysis indicates that Fartcoin has been trading within a key descending wedge pattern, suggesting a potential breakout. On July 16, Fartcoin gained 14% to reach $1.44, with further gains anticipated. By late July, the coin reclaimed the $1.60 level and was targeting its all-time high of $2.28. Market observers noted increased whale inflows into Fartcoin, with some predicting new all-time highs before August. The coin's chart performance has been described as one of the best in the crypto market, with expectations of substantial upward movement. Concurrently, another token, $RACIST, has been gaining traction with a rising holder count reaching 1,728 by July 31 and increasing price levels, though it remains less prominent than Fartcoin in the current discourse.