Solana meme coin Fartcoin (FARTCOIN) claimed a new ATH of $1.45 on Thursday while claiming a valuation higher than 939 companies in the Russell 3000 Index.
By Anisha Pandey
Edited by Marco T. Lanz
Updated
3 mins read
Fartcoin FARTCOIN $0.86 24h volatility: 2.6% Market cap: $856.12 M Vol. 24h: $336.80 M , a meme coin created on the Solana blockchain that has been trending since inception, has now claimed a massive valuation of $1.31 billion just hours after printing a new all-time high at $1.45. The altcoin is currently trading at $1.32, down 9.33% from the ATH, and chances of the digital asset continuing this uptrend further in 2025 seem considerable.
According to data from CoinMarketCap, FARTCOIN skyrocketed by 45% in the past 24 hours, rebounding from the daily low of $0.9044. The cryptocurrency has surged a whopping 27866577.46% from its all-time low of $0.054723 recorded just three months ago. It seems quite clear that the popularity of Solana meme coins is still very high.
When Fartcoin hit a price tag of $1.45, the meme coin was valued at a monumental $1.45 billion, which, as pointed out by investor Charlie Bilello, who is also the Chief Market Strategist at Creative Planning, in a post on social media platform X, made the cryptocurrency worth more than 939 companies in the Russell 3000 Index.
In the last 30 days alone, Fartcoin has soared a whopping 764.31%, outperforming the broader digital asset space, which turned bearish during the holiday season. CoinGecko data shows that currently, the top meme coins on the Solana blockchain include Bonk (BONK), ai16z AI16z $0.14 24h volatility: 2.8% Market cap: $153.31 M Vol. 24h: $75.79 M , Pudgy Penguins PENGU $0.00552 24h volatility: 10.8% Market cap: $346.68 M Vol. 24h: $126.20 M , dogwifhat WIF $0.46 24h volatility: 7.1% Market cap: $457.96 M Vol. 24h: $249.12 M , and Fartcoin.
Alongside Fartcoin, AI16Z also turned bullish, shooting up 176% in the past week alone and 562% in the last 30 days, claiming a substantial market cap of $2.47 billion. While traditional meme coins Dogecoin DOGE $0.17 24h volatility: 1.7% Market cap: $24.58 B Vol. 24h: $861.11 M and Shiba Inu SHIB $0.000012 24h volatility: 0.6% Market cap: $7.28 B Vol. 24h: $132.04 M fail to mirror their past gains, tokens like AI16Z and FARTCOIN seem to be better alternatives in terms of profit.
The total market cap of Solana meme coins stands at $21.21 billion, while in the past 24 hours, a promising $5.9 billion worth of SOL meme cryptocurrencies were traded. SOL $129.7 24h volatility: 4.4% Market cap: $66.95 B Vol. 24h: $4.68 B also soared, finally reclaiming the $200 price level. The overall bullishness of the SOL ecosystem could potentially push FARTCOIN higher as the year progresses.
The daily chart for FARTCOIN provided by TradingView below shows that the Relative Strength Index (RSI) for the meme coin reads a value of 66.74, which means that after a slight correction, the bulls have taken over, and the gradient of the line suggests that soon, the altcoin might enter overbought levels, which could result in a slight correction.
The MACD indicator, on the other hand, has confirmed a bullish divergence with the MACD line (blue) pushing above the signal line (red), and the MACD histogram has started to turn green. This situation indicates that FARTCOIN could test the ATH once again, aiming to claim $1.5.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.
