FARTCOIN Price Rises 30%, A Sign of Meme Coin Resurgence?
2025-04-09Bittime - Even though the global crypto market is under pressure, especially due to Donald Trump's new tariff policy, the meme coin FARTCOIN is stealing attention.
In the last 24 hours, FARTCOIN price rose 30% and is now trading at around $0.57. This spike was quite surprising because most crypto assets, including Bitcoin and Ethereum, actually experienced a decline in price.
FARTCOIN Price Rises
FARTCOIN is a meme coin that operates on the network Solana. FARTCOIN prices rose 30% accompanied by a significant spike in trading volume, namely up to 90% in one day, reaching $363 million.
This increase feels even more extraordinary because it occurred when the meme coin market was generally sluggish. In the past month, the meme coin market lost around 20% of its market capitalization.
However, FARTCOIN prices actually soared up to 130% during the same period. This has led to speculation that a new revival of the meme coin glory era has begun.
Read Also: 5 Best Meme Coins on the SUI Network
Causes of FARTCOIN Price Rises
So, what causes FARTCOIN price rises amidst a sluggish market? FARTCOIN reserves on crypto exchanges decreased 3.62% in the past week, with a net outflow of around two million tokens.
This indicates that many investors choose to store FARTCOIN in personal wallets, not on exchanges. The number of FARTCOIN holders is also stable at over 113,000, which is a signal that investors believe in its long-term potential.
Not only that, several large wallets known as experienced traders are also still maintaining their positions, which shows expectations that there is potential for FARTCOIN prices to rise higher.
FARTCOIN Price Rises, Safe When Market Sluggish?
This is not the first time FARTCOIN prices have risen when the market was sluggish. Last December, when the Fed's decision caused Bitcoin prices and the S&P 500 index to plummet, FARTCOIN actually rose almost 60% in just 8 days, from $0.79 to $1.26.
Movements like this are difficult for analysts to explain. Even Eric Balchunas, a well-known ETF analyst, also questioned what exactly made FARTCOIN able to continue to soar when other assets slumped.
Read Also: List of Meme Coins Predicted to Explode in 2025
A Sign of Meme Coin Resurgence
The phenomenon of FARTCOIN prices rising 30% amidst the crypto market shock, adding new color to the crypto landscape. In the midst of macroeconomic uncertainty and general market decline, FARTCOIN actually stands out.
Is this just a temporary effect of the meme coin hype, or is FARTCOIN really starting to show its potential? One thing is certain, the crypto community is now starting to look again at the meme coin sector.
If this trend continues, it is not impossible that we will see a new wave of meme coin mania like what happened during the Dogecoin and Shiba Inu era. FARTCOIN might just be the new icon of the next generation of meme coins.
Read Also: Popularity Soars, These are the Top 5 DEXs for Trading Meme Coins!
FARTCOIN FAQs
What is FARTCOIN?
FARTCOIN is a meme coin based on the Solana network that carries the concept of humor and community. Even though it was initially considered a fad, this token started to attract attention because of its significant price movements.
Why are FARTCOIN prices increasing drastically?
FARTCOIN prices rose due to surging trading volume, strong community support, as well as the movement of assets to private wallets, indicating long-term confidence.
Where to Buy FARTCOIN?
FARTCOIN can be purchased on several crypto exchanges that support Solana-based tokens such as Raydium, Jupiter, or through wallets such as Phantom and Solflare.
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Reference
Coin Speaker, Fartcoin Price Up 30% Today: Is Meme Coin Mania Back?, accessed April 9, 2025.
Coinpedia Fartcoin Price Surges 30% to Lead Top 100 Cryptos Despite Market Sell-Off, accessed April 9, 2025.
Author: IPR
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