Memecoin mania has returned, and this time, Fartcoin is at the forefront with an astonishing 25.59% surge in just 24 hours. Currently priced at $0.5834, the token’s market cap has shot up to an impressive $583.42 million. The volume is also seeing significant action, with a 51.66% increase, now sitting at $186.65 million.
Trump’s Post Fuels Meme coin Rally
This sudden price spike comes at a time when the entire meme coin sector is experiencing a resurgence. The catalyst? A post from President on Truth Social, where he discussed his own $TRUMP meme coin. This sparked an instant rally across the meme coin space, triggering excitement for tokens.
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As soon as Donald’s thoughts were shared, $TRUMP saw a 13% surge in just one hour, creating a ripple effect throughout the meme coin market and pushing other meme coins to new heights.
Fartcoin’s Meteoric Rise
It’s remarkable growth has made it one of the most visited tokens of the day, currently ranked #5 in the market. While other popular meme coins like SHIB, DOGE, and PEPE have also seen gains.
Broader Crypto Market Surge
Alongside surge of this meme coin, the broader crypto market is also seeing positive movement, with the total market cap rising to $2.84 trillion—up by nearly 3%. All eyes are now on the meme coin market to see whether this trend will continue or eventually fizzle out, as it has in previous cycles.
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