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  • Market Cap: $2.7647T 3.540%
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  • Market Cap: $2.7647T 3.540%
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Cryptocurrency News Articles

Another Day, Another Meme Coin Crisis in Crypto. This Time It's Fartcoin's Turn

Apr 19, 2025 at 05:43 pm

At first, Fartcoin gained a lot of popularity, using hype and humor as fuel, but it seems they are running out of steam. By Ivan Ivanov. Updated Apr 18, 2025.

Another Day, Another Meme Coin Crisis in Crypto. This Time It's Fartcoin's Turn

Another day, another meme coin crisis in crypto. First, Fartcoin (FARTCOIN) has been on a significant downturn, plummeting nearly 90% from its all-time high in January to $2,48. As of April 18th, 2025, the token is trading at $0.7655.

I THINK WE WILL SEE ONE LAST PUSH TO ABOVE $1 FOR #FARTCOIN AND DUMP IT BACK TO 0.1$ WHERE IT BELONGS

— KNIGHT (@cryptoknight890) April 18, 2025

The token’s initial rise came when the meme coin market gained popularity. Especially in January, investors were on the lookout for the next big meme moonshot. With a Market Capitalisation hitting $2.2 billion at its peak, traders saw the potential and jumped in for the ride and the big money.

But in the ever-changing world of meme coins, attention is everything, and it doesn’t last long. The scene shifted with the arrival of newer, more anticipated tokens, such as the TRUMP token that stole the spotlight.

This shift has resulted in a major decrease in Market Capitalisation, dropping below $700 million. The coin has broken below key support levels, so technical analyses indicate a potential bearish future. Some remain hopeful and suggest a bullish reversal pattern can be seen on the charts, which can be a rebound for the Fartcoin Crypto crash if buying pressure increases.

Fartcoin would be at $10 if it weren’t for Trump & Melania coins. pic.twitter.com/c2ngSOH67K

— Dip Wheeler (@DipWheeler) February 6, 2025

The meme coin market is unlike any other corner of crypto. It is ruled by the fast shift of meta, clout, and whatever the community believes in. While the performance of Fartcoin has raised some concerns, it would be premature to declare its defeat. For now, the project’s future lies in its ability to regain investor confidence and adapt to the evolving crypto space.

Why Orbit a Stink Star When You Can Rocket Through the Solaxy?

Instead of making jokes about gas fees, why not buy a layer-2 and avoid paying too much for gas? If you think about it, this is something every other dev is trying to achieve. And now you have it. Solaxy is the first Solana L2. It is designed to unlock the full potential of the Solana ecosystem with unmatched scalability.

Combining actual technology with meme culture gives it an upper hand in the crypto world. Currently in presale, with a fixed price per token of $0.001698, it is a no-brainer. So far, they have raised over ~$30 million, making it one of this year’s hottest presales.

While in presale, you can stake your tokens, furthermore increasing your rewards. Current APY is 132%, which is something you cannot find in many places. Currently, more than 8,6 million $SOLX tokens are staked. Not only that, but they also have a robust tokenomics, which is very important for the community.

25% goes to reward early supporters of the project. 30% goes for development and expanding the network. 10% goes for listings, something every user wants to see and experience. 15% for marketing to spread SOLAXY through the universe, and 20% for treasury.

For the latest updates on the project, connect with the SOLX community on X and Telegram

VISIT SOLX HERE

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Other articles published on Apr 22, 2025