Fartcoin on Solana Surges 450% in 9 Days to $0.91, Nears $1 Billion Market Cap

Dec 18, 2024, 02:28 AM

Fartcoin, a meme cryptocurrency operating on the Solana blockchain, has seen its market capitalization surge to nearly $1 billion, marking it as the largest AI memecoin by market cap. The token has experienced a significant rise in value, increasing by 450% over the past nine days and reaching a price of $0.91. This rapid ascent has drawn attention from both the crypto community and traditional finance sectors, with some traditional investors using Fartcoin as a critique of current Federal Reserve policies. The meme coin's growth has been fueled by viral social media posts and discussions, often referencing its humorous theme of flatulence with slogans like 'hot air rises' and 'all gas no brakes.'