FartCoin, the meme-inspired cryptocurrency, experienced a significant 47% surge over the past 24 hours, reaching a trading price of $0.7354 and elevating its market capitalization to $735.45 million. Trading volume also saw a notable increase, rising by 90.30% to $467.5 million. This marks the second consecutive day FartCoin has been among the top gainers on CoinMarketCap.
FartCoin Surges 47% Amid Tariff News and Crypto Market Rally
This uptick aligns with a broader crypto market rally, which saw the total market cap rise by 7.42% to $2.6 trillion. The surge is partly attributed to U.S. President Donald Trump’s recent decision to pause tariffs for 90 days, while simultaneously imposing a 125% tariff on Chinese goods. These mixed signals have injected volatility into global markets, prompting investors to seek refuge in cryptocurrencies.
Major cryptocurrencies also responded positively, with Bitcoin surpassing $82,000—a 6.50% increase—and Ethereum climbing above $1,600. The stock market mirrored this enthusiasm, as the Nasdaq experienced one of its most robust days since 2008, adding $3.5 trillion in a single session. Other meme coins, including Dogecoin, Shiba Inu, and Pepe, have also seen their values double within hours, underscoring the rapid shifts in the current market landscape.
FartCoin’s recent performance reflects this broader trend, with the Crypto Fear and Greed Index moving from extreme fear (15) to a still-cautious 25, indicating a tentative increase in investor confidence.
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