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Cryptocurrency News Articles

Fartcoin (FART) Token Rally Enters 2nd Week, Flips Goatseus Maximus (GOAT) to Become 6th Largest Memecoin on Solana

Dec 16, 2024 at 08:09 pm

As of early Monday, the meme token is trading at around $0.856 amid a surge above 40% in the last 24 hours.

Fartcoin (FART) Token Rally Enters 2nd Week, Flips Goatseus Maximus (GOAT) to Become 6th Largest Memecoin on Solana

The meme token FARTCOIN ($FART) has continued its impressive rally, surging past $0.85 on Monday amid a 40% increase in the last 24 hours. The memecoin has now rallied by 164% in the past week, making it one of the past week's top gainers according to CoinGecko data.

Fartcoin's price movement has attracted the attention of cryptocurrency users who believe it could be one of the most promising meme tokens in the market today.

Here's What Makes $FARTCOIN Special According to Crypto Users

Prominent crypto trader Brandong Hong describes fartcoin as "the most bullish meme I've seen in years." He said the meme token "checks off every box" compared to other memecoins.

Fartcoin is the most bullish meme I've seen in years

– Crypto x AI narrative

– Hilarious name with big retail appeal + news headline potential

– Not listed on any (good) exchanges

– $400k sell dump immediately reversed into new ATHs

Checks off every box. Will hit billions soon pic.twitter.com/rPEczVI5zW

First, he noted how the token highlights the crypto and AI narrative. The convergence of artificial intelligence and crypto has been of interest in the crypto space in recent months, especially with the rise of "Bitcoin for AI" Bittensor.

Hong also pointed out that FARTCOIN has "news headline potential" and it has huge appeal to retail crypto investors due to its hilarious name.

Another trader who goes by Dragos, said FARTCOIN has evolved from being just an AI memecoin to become "one of the purest and best memes crypto has ever seen."

Well-followed Kook believes the token has the potential to "get more normie clicks than any other headlines" and will then become the "biggest meme of the cycle." In crypto, normies are individuals who aren't into crypto or haven't been involved in the industry yet.

Fartcoin is now the 6th largest memecoin on Solana.

Besides passing $800 million in market capitalization, FARTCOIN has also flipped Goatseus Maximus (GOAT), a new meme token that had been a favorite among whales over the past week. FARTCOIN is now the 6th largest memecoin by market value on the Solana blockchain.

The Fartcoin official X account has also been garnering a lot of engagement through its funny posts that the community ultimately loves.

A fart is like a block on the blockchain: once it's released, it’s immutable! Fart freely 💨💨

LFG : Let's farting go.

Memecoins Outperforming Altcoins

FARTCOIN's latest surge comes as some memecoins topple the performance of some of the market's most popular altcoins such as

News source:www.inkl.com

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Other articles published on Dec 17, 2024