What will be the price of Fartcoin by June 30, 2025?
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Cryptocurrency exchanges such as Binance or Coinbase
Fartcoin Hits $1 as Market Cap Tops $1 Billion, Enters Top 10 Meme Coins Amid Fed Rate Cut
Dec 18, 2024, 08:56 PM
Fartcoin, a meme cryptocurrency built on the Solana blockchain, has surged past the $1 price level, reaching a market capitalization of over $1 billion. This rapid ascent places Fartcoin among the top ten meme coins by market cap and means it now surpasses 93% of all publicly listed companies. The surge coincides with a broader market sell-off and the Federal Reserve's decision to cut interest rates for the third time this year, lowering the rate from 5.50% to 4.50%. Despite the general market downturn, Fartcoin has seen substantial investor interest, highlighting the continued volatility and speculative nature of the cryptocurrency market.
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