|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Fartcoin Blasts 45% Higher, Meme Coin Sector Reignites After December Breather
Jan 14, 2025 at 11:36 pm
While Bitcoin hovers below $95K, fans of the jovial meme coin Fartcoin are not sweating – their joke token has increased in price by 45% in the last day.
CryptoSlate Top Stories : January 13, 2025
Bitcoin finally showed signs of life on Thursday with a 5% increase, giving crypto holders some hope — especially with Trump being inaugurated in under one week.
Trump’s inauguration will mark the beginning of a new era for the crypto industry. He will be the first-ever pro-crypto U.S. president.
It remains to be seen how that will manifest, but bulls are undoubtedly hoping today’s marginal pump marks the foot of an extended uptrend that runs throughout 2025.
But while Bitcoin fights to stay afloat, investors are taking huge bets on Fartcoin.
Its 45% increase today makes it crypto’s top performer, adding over three times more gains than runner-up Kaspa in percentage terms.
Fartcoin’s strength reflects a rekindling interest in the meme coin sector after it took a breather in December. Other projects showing strength today include Flockerz and Meme Index.
Fartcoin Outpaces Market As BTC Bounces
After a dull start to the year and a period of consolidation throughout December, Bitcoin has finally shown signs of life on Thursday.
The premier cryptocurrency rose by 5%, trading at an average price of $93,833. This is up from $89,893 the day prior.
While the increase is marginal and comes after a period of decline, it could be a sign of things to come with Trump’s inauguration.
Trump has spoken out in favor of crypto on several occasions and has even hinted at making the U.S. the world’s crypto capital.
If Trump follows through on his promises, then today’s pump could mark the beginning of a new bull market for crypto.
But don’t get your hopes up too high just yet. Crypto is still a highly volatile asset class, and there’s no guarantee that today’s pump will continue.
Fartcoin Surges 45% Amid Binance Rumors
While Bitcoin is up by 5%, other coins are showing far greater strength today.
One coin, in particular, is outpacing the rest of the market by a long shot.
Fartcoin, the meme coin that took the crypto world by storm in 2024, is up by an impressive 45% today.
This puts Fartcoin at an average trading price of $1.45, up from $1.01 the day prior.
The coin’s 45% increase today makes it crypto’s top performer, adding over three times more gains than runner-up Kaspa in percentage terms.
Fartcoin’s impressive performance comes amid rumors that Binance is preparing to list the coin.
AI agent AIXBT analyzed this, suggesting that Fartcoin has “hit the required metrics” and that a Binance listing seems on the way.
binance listing probability high. fartcoin has hit required metrics and team kept technical integration smooth. binance likes narratives
— aixbt (@aixbt_agent) January 11, 2025
Meanwhile, analyst Kale Abe pointed to Binance’s new listing strategy via its “Binance alpha” tool. He says that this Fartcoin “is next” for a spot listing on the exchange.
Another thing that’s crazy bullish for Fartcoin is Binance starting to list these coins SPOT that it put as part of it’s “alpha” program.
That means Fartcoin is next
Imagine when the masses can buy farts without using leverage
Gonna be JUICY
PUN INTENDED https://t.co/p34L0XrhzM pic.twitter.com/qWQr3MoDUG
— Kale Abe (@kale_abe) January 11, 2025
Fartcoin was created in 2023 by an anonymous group of crypto enthusiasts. The coin is designed to be a parody of the meme coin phenomenon, and it has no real use case beyond being a store of value for those who believe in its potential.
Despite its lack of utility, Fartcoin has managed to capture the attention of a large community of supporters, who are known for their enthusiastic shilling of the coin on social media and crypto forums.
These supporters have played a key role in driving up demand for Fartcoin, which has led to the coin’s impressive price performance over the past year.
If Binance does end up listing Fartcoin, then the coin could see another wave of buying pressure from traders on the exchange. This could help to push Fartcoin’s price even higher in the coming weeks.
But it’s important to remember that Fartcoin is still a highly speculative asset, and there’s no guarantee that its price will continue to rise.
In fact, given the coin’s lack of fundamentals, it’s entirely possible that Fartcoin
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Trump's Digital Tokens: The Rise, Risks, and Realities of $TRUMP and $MELANIA
- Jan 22, 2025 at 12:25 pm
- The cryptocurrency landscape has recently experienced a notable disturbance following Donald Trump's reveal of his new digital token, $TRUMP, alongside the launch of Melania Trump's token, $MELANIA.