Fartcoin Pumps 20% as Solana Meme Coins Catch Fire — Can It Hit $1 Next?

In a week where most meme coins are still catching their breath, Fartcoin—yes, that’s its real name—just stole the spotlight.

In a week where most meme coins are still catching their breath, one token has stolen the spotlight with a 20% price surge in the last 24 hours.

We’re talking about Fartcoin, the Solana-based token known for its absurdist name and online community.

Its gains have also been impressive over the last seven days, with nearly 80% in the green as part of a broader breakout among Solana meme coins.

This week, Bonk and Dogwifhat have also seen renewed attention and liquidity, putting the broader Solana ecosystem back on the map with traders.

While the token is best known for its internet humor, there are some surprisingly strong market dynamics underpinning the rally.

According to data from analytics platform Glassnode, open interest is quickly rising, with the majority of the action going into long positions. This suggests that traders are still betting on further gains in the short term.

Short squeezes have also added fuel to the fire, with bearish traders being forced to cover positions and help drive prices even higher.

Can Fartcoin Reach $1?

Many in the community are still talking about Fartcoin’s all-time high of $2.61, which some believe it could revisit if the current trend holds.

According to analyst Bitcoinconseus, if bullish momentum continues, $1.20 is the next logical target.

Next Targets: $1.00 → $1.20

Previous High: $2.61

Long-Term Target: $10 (if bull market resumes)

And yes, there’s even chat of a $10 long-term target—though that would require not just a Solana meme coin rally, but a full-on crypto bull cycle.

While it’s easy to write off tokens like Fartcoin as jokes, there’s no doubt that investor interest is very real.

And in the world of crypto—especially meme coins—momentum and community can be just as important as utility.

If Solana’s hot streak continues and meme coins stay in the spotlight, Fartcoin might just blow past $1 and surprise even the skeptics.

For now, keep an eye on that $1 breakout. If it happens, expect the FOMO to pick up quickly.