Memecoin mania is back, and Fartcoin ($FARTCOIN) is leading the charge with a massive 25.59% pump in the last 24 hours. As of now, the token is priced at $0.5834, and its market cap has shot up to $583.42 million. The volume is also seeing some serious action, with a 51.66% increase, now sitting at $186.65 million.
This sudden surge in Fartcoin’s price comes at a time when the entire memecoin sector seems to be catching fire. A post by none other than President Donald Trump on Truth Social about his $TRUMP memecoin sparked this memecoin rally.
As soon as Trump shared his thoughts, $TRUMP saw a massive 13% spike within just one hour, and that has definitely contributed to the overall excitement around memecoins.
Fartcoin’s impressive growth has made it one of the topmost visited tokens of the day, sitting pretty at number five. Alongside it, other popular memecoins like SHIB, DOGE, and PEPE have also seen some gains, but nothing beats Fartcoin’s 25% jump.
The broader crypto market isn’t far behind, with the total market cap now sitting at $2.84 trillion—up by almost 3%. All eyes are on the memecoin market to see if this trend continues or fizzles out like it has in the past.
Also Read: XRP price will hit $20, says Bitcoin advocate Davinci Jeremie
