Fartcoin (FARTCOIN) Explodes to $1 Billion Market Cap as Binance Futures Announces Listing

Fartcoin, the Solana meme coin getting massive traction amid new market buzz around AI agents, has seen its token's price explode as Binance Futures announces listing.

Solana meme coin Fartcoin (FARTCOIN) has seen its token’s price explode as Binance Futures announced the listing of the crypto project’s perpetual futures contract on the exchange.

The FARTCOIN token rocketed to a market capitalization of $1 billion earlier in the day as fresh upside momentum helped cryptocurrencies stem the latest price downturn.

The milestone on Dec. 20 came as the meme coin’s price spiked to a new all-time high of $1.30.

Gains in the past week stood at over 50%, while the parabolic performance seen over the past month meant FARTCOIN trended more than 370% up.

Notably, the meme coin’s spike on the day came as Binance announced the listing of Fartcoin perpetual futures contract.

Binance noted that the listing of AIXBT, FARTCOIN, KMNO and CGPT perpetual contracts aims at expanding trading choices for users. Binance Futures added the perpetual contracts for the tokens beginning 18:30 UTC on Dec. 20, offering up to 75x leverage.

AIXBT by Virtuals and ChainGPT’s CGPT tokens also rose sharply, gaining 16% and 42% respectively in 24 hours.

Interestingly, the AIXBT, FARTCOIN and CGPT tokens are also among the first to land on Binance Alpha.

Binance Alpha is a new platform that highlights early-stage projects likely to list on the world’s largest crypto exchange.

Binance is yet to list any of these tokens on its spot market. However, the unveiling of Binance Alpha and the addition of the crypto projects among the first entries has traders taking a more bullish outlook.

As well as Fartcoin’s market cap rising to over $1 billion, the 24-hour volume increased to over $315 million with an 8% jump. Increased market activity as price rises suggests the cryptocurrency is attracting more traders.