Original Title: Hot Air Rises Again as Fartcoin Outpaces Dogecoin in April Fool's Meme Rebound
Original author: Logan Hitchcock
Source text:
Compiled by: Daisy, Mars Finance
Hot air rises again as Fartcoin surpasses Dogecoin in the April Fool's Day rebound.
The price of Fartcoin has "accelerated" again, rising by 22% during this annual holiday filled with pranks and jokes, surpassing Dogecoin and most other major meme coins.
The Solana meme coin Fartcoin, themed around "farting", has surged again, rising nearly 22% in the past 24 hours to reach $0.53, outperforming top meme coins such as Dogecoin (DOGE) and President Trump's official Solana token (TRUMP).
Supporters of Fartcoin often use the slogan "Hot air rises" when promoting its increase. After plummeting to a market value of about $200 million in early March, the token has now risen back to a market value of $500 million.
However, FARTCOIN is still down about 78% from its historical high of $2.48 set in February.
In comparison, DOGE and TRUMP only increased by 4% and 2% respectively in the past 24 hours.
Fartcoin becoming the strongest meme coin on April Fools' Day may just be a coincidence, but the token has rebounded over 108% in the past month, coinciding with a noticeable shift in sentiment among Solana meme coin traders, who are anticipating a new wave of market activity for the token.
"Fartcoin's performance today far exceeds that of other meme coins, with liquidity reaching tens of millions of dollars and a trading volume of over 10 million dollars in the past 24 hours. In the meme coin market, no other token can compare to it," anonymous crypto figure Artchick stated on X (formerly Twitter) on Monday. She also added that Fartcoin could become the "Trojan Horse of the entire meme coin sector."
The market attention for this token is also growing, with active discussions on platform X and on-chain data indicating its rising popularity.
The name Fartcoin was generated by an AI chatbot, and its market attention data is tracked through the analysis platform Cookie.fun, along with monitoring other AI proxy tokens. Currently, Fartcoin holds the highest market attention among AI tokens at 13.39%, and it has grown by 4.5% in the past three days, setting the highest increase among AI tokens.
Will the rise of Fartcoin drive a full recovery of the meme coin market? It may be too early to draw conclusions, but Alon Cohen, co-founder of the token issuance platform Pump.fun, stated in an interview with Decrypt in late March that he believes meme coins will continue to exist.
"Today's cryptocurrency users are still as enthusiastic about trading meme coins as they were a month or two ago," Cohen said.
According to CoinGecko data, the meme coin sector has risen by more than 5% in the past 24 hours, while Bitcoin and Ethereum have increased by approximately 2% and 4%, respectively.
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Beyond DOGE, Fartcoin takes the crown! Is this Solana meme coin a short-term frenzy or a long-term narrative?
Original Title: Hot Air Rises Again as Fartcoin Outpaces Dogecoin in April Fool's Meme Rebound
Original author: Logan Hitchcock
Source text:
Compiled by: Daisy, Mars Finance
Hot air rises again as Fartcoin surpasses Dogecoin in the April Fool's Day rebound.
The price of Fartcoin has "accelerated" again, rising by 22% during this annual holiday filled with pranks and jokes, surpassing Dogecoin and most other major meme coins.
The Solana meme coin Fartcoin, themed around "farting", has surged again, rising nearly 22% in the past 24 hours to reach $0.53, outperforming top meme coins such as Dogecoin (DOGE) and President Trump's official Solana token (TRUMP).
Supporters of Fartcoin often use the slogan "Hot air rises" when promoting its increase. After plummeting to a market value of about $200 million in early March, the token has now risen back to a market value of $500 million.
However, FARTCOIN is still down about 78% from its historical high of $2.48 set in February.
In comparison, DOGE and TRUMP only increased by 4% and 2% respectively in the past 24 hours.
Fartcoin becoming the strongest meme coin on April Fools' Day may just be a coincidence, but the token has rebounded over 108% in the past month, coinciding with a noticeable shift in sentiment among Solana meme coin traders, who are anticipating a new wave of market activity for the token.
"Fartcoin's performance today far exceeds that of other meme coins, with liquidity reaching tens of millions of dollars and a trading volume of over 10 million dollars in the past 24 hours. In the meme coin market, no other token can compare to it," anonymous crypto figure Artchick stated on X (formerly Twitter) on Monday. She also added that Fartcoin could become the "Trojan Horse of the entire meme coin sector."
The market attention for this token is also growing, with active discussions on platform X and on-chain data indicating its rising popularity.
The name Fartcoin was generated by an AI chatbot, and its market attention data is tracked through the analysis platform Cookie.fun, along with monitoring other AI proxy tokens. Currently, Fartcoin holds the highest market attention among AI tokens at 13.39%, and it has grown by 4.5% in the past three days, setting the highest increase among AI tokens.
Will the rise of Fartcoin drive a full recovery of the meme coin market? It may be too early to draw conclusions, but Alon Cohen, co-founder of the token issuance platform Pump.fun, stated in an interview with Decrypt in late March that he believes meme coins will continue to exist.
"Today's cryptocurrency users are still as enthusiastic about trading meme coins as they were a month or two ago," Cohen said.
According to CoinGecko data, the meme coin sector has risen by more than 5% in the past 24 hours, while Bitcoin and Ethereum have increased by approximately 2% and 4%, respectively.